Renewables

Onshore wind share in Greece’s daily power output hits 55%

onshore-wind-greece-output

Photo: fietzfotos from Pixabay

Published

January 19, 2023

Country

Comments

comments icon

0

Share

Published:

January 19, 2023

Country:

Comments:

comments icon

0

Share

Onshore wind accounted for more than half of electricity generated in Greece on January 18, the biggest share of onshore wind farms in daily power output in Europe, according to the Hellenic Wind Energy Association (HWEA).

In a tweet, HWEA said that on Wednesday, January 18, Greece was the first in Europe by the share of electricity production from onshore wind energy, and that 55% of electricity in the country’s system that day came from onshore wind farms.

Greece was the leader in Europe by the share of onshore wind in daily power output, followed by Spain and Portugal

According to HWEA, the second biggest share of onshore wind in daily electricity production that day, of 49%, was recorded in Spain, which was followed by Portugal, where onshore wind capacities accounted for 35% of the overall daily electricity output.

HWEA: rising production from wind has brought down electricity prices

The trend of high amounts of energy generated by wind farms in Greece has continued, the association noted. As a result, the average wholesale price of electricity on January 18 stood at EUR 58.44 for a megawatt hour (MWh).

During the 24-hour period, the wholesale price of electricity was below EUR 10 per MWh half of the time. Moreover, for three hours during that day the wholesale electricity price was zero or almost zero, according to HWEA.

The ongoing energy crisis has pushed electricity prices on power exchanges throughout Europe to unprecedented levels.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

All set for construction of Široka draga wind park of 125.4 MW in BiH

All set for construction of Široka draga wind park of 125.4 MW in BiH

13 August 2024 - Local firm Imres Smart Greenergy signed the deal with the selected contractor on its Široka draga wind power project

montenegro lng terminal iap pipeline natural gas sahmanovic

IAP pipeline, LNG terminal are strategic projects for Montenegro – minister

12 August 2024 - The construction of an LNG terminal and the Ionian Adriatic Pipeline are strategic projects for the new Ministry of Mining, Oil and Gas

eps profit 2024 assembly report

Serbia’s EPS posts EUR 280.3 million profit for first half of 2024

12 August 2024 - Elektroprivreda Srbije has said that its net earnings were RSD 9.4 billion (EUR 80.3 million) higher than planned

Turkey promoting alternative Greece Cyprus power cable

Turkey promoting its alternative to Greece-Cyprus power cable

12 August 2024 - Last month Turkish warships chased away a vessel scanning the route for the Greece-Cyprus section of the Great Sea Interconnector