🇬🇷 Electricity spot price in Greece today – April 20, 2024

Electricity spot prices in Greece today, hour by hour. Including prices for the last 30 days.

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Electricity price today in Greece

Right now the price of electricity in Greece is   0.068 €/kWh -26,1 %

Highest electricity price today is 0.103 €/kWh at 20-21 Lowest electricity price today is 0.008 €/kWh at 12-13 On average the electricity price today is ~0.054 €/kWh
Detailed tabled Last 30 days

A shower costs today
0.41 € in Greece

Lowest price today: 0.62 € Highest price today: 0.05 €

10 min, 160 l of water = ~6 kWh

A bath costs today
0.51 € in Greece

Lowest price today: 0.77 € Highest price today: 0.06 €

200 liters of water = ~7,5 kWh

An oven at full blast all day costs today
1.30 € in Greece

 

1000W x 24 hours = 24 kWh

Boil 1 liter of water costs today
0.01 € in Greece

Lowest price today: 0.01 € Highest price today: <0.01 €

Hot plate for 4 min = ~0,12 kWh

Bake a pizza costs today
0.07 € in Greece

Lowest price today: 0.11 € Highest price today: 0.01 €

Oven for 30 min = ~1,1 kWh

Charge an electric car costs today
3.05 € in Greece

Lowest price today: 4.61 € Highest price today: 0.35 €

Nissan Leaf 10-80% = ~45 kWh

More examples
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Electricity market in Greece

Overview of Greece's energy sources

Greece's energy sector has undergone significant changes over the years. The country's energy mix primarily comprises renewable sources, natural gas, and lignite. Renewable energy, especially wind and solar power, has been steadily rising in contribution.

Energy sources in Greece

Lignite, a type of coal, historically has been a dominant source of electricity in Greece. However, its contribution to the energy mix is decreasing due to environmental concerns and the country's commitment to reducing carbon emissions.

Renewable Energy Expansion

In recent years, Greece has focused on expanding its renewable energy capabilities. Solar energy, owing to the country's abundant sunshine, plays a significant role in this expansion. Wind energy is also a significant contributor, leveraging the windy conditions prevalent in certain regions.

The government's commitment to renewable energy is reflected in various initiatives and investments aimed at increasing the share of renewables in the overall energy mix. This shift is part of Greece's strategy to ensure a sustainable and environmentally friendly energy future.

Natural Gas and Energy Security

Natural gas is another crucial component of Greece's energy portfolio. The country has made significant investments in natural gas infrastructure, including pipelines and liquefied natural gas (LNG) terminals.

This focus on natural gas aligns with Greece's broader strategy to enhance energy security and diversify energy sources. It also reflects a regional trend, as many European countries increasingly turn to natural gas as a cleaner alternative to coal and oil.

Integration into the EU Electricity Market

Greece is an active participant in the European Union's integrated electricity market. This involvement signifies a commitment to the EU's energy policies, which emphasize sustainability, competition, and cross-border energy trade.

The country's electricity grid is interconnected with neighboring countries, facilitating energy exchange and enhancing grid stability. These connections not only bolster Greece's energy security but also contribute to the broader goals of the EU's energy union.

Future of Energy in Greece

Looking ahead, Greece's energy sector is poised for further transformation. The country is committed to increasing the share of renewable energy in its mix, aligning with EU directives and global sustainability goals.

Investments in energy efficiency, smart grid technology, and energy storage are also part of this future vision. These initiatives aim to modernize the energy infrastructure, reduce dependency on imported fuels, and foster a more sustainable and resilient energy system.


Energy saving tips

Lower the temperature by one degree

Heating is one of the things that consumes the most electricity in a typical home. You save about 5% of the costs for heating for every degree you lower the interior temperature.

Take a shorter shower or install an energy-saving shower

With the energy-saving shower, you can save up to 50% energy compared to standard shower heads. Or you can shower half the time. With the electricity price today in Greece you can save 0.20 € for each shower.

Questions and answers about electricity

What determines the electricity spot price?

Supply and demand determine the price of electricity in Europe. If there is a high production of electricity from power plants and demand is low, the price will fall. If, on the other hand, the production of electricity is small and demand is high, prices will increase. Therefore, the price of electricity is often highest in winter, as the need for electricity for heating is highest.

More questions and answers


All prices are current open market spot prices in the day-ahead segment without local vat, tax or other additions.

Timezone is Central European Time (CET) with Daylight Saving Time (DST). Current time: Sat, 20 Apr 2024 06:18

Data source is ENTSO-E