Electricity

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

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Photo: fietzfotos from Pixabay

Published

January 19, 2023

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Published:

January 19, 2023

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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.

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