EU/Greece electricity prices
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Started by metmike - Sept. 13, 2024, 9:26 p.m.

Greece asks EU for urgent response to soaring power prices, letter shows

https://www.reuters.com/world/europe/greece-asks-eu-urgent-response-soaring-power-prices-letter-shows-2024-09-13/

  • Summary
  • Mitsotakis urges EU to create bloc-wide energy market regulator
  • Power prices in Greece more than doubled from April to August
  • EU needs 584 billion euros to upgrade power grids this decade

ATHENS/BRUSSELS, Sept 13 (Reuters) - Greece's prime minister has asked the EU to urgently respond to soaring power prices in central and eastern Europe, which Athens said are being exacerbated by Russian attacks on Ukraine's energy infrastructure.

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Maybe.........we just need more of what's helping to cause the higher prices........fake green energy!


How much money are European consumers saving thanks to renewables?        

https://www.iea.org/reports/renewable-energy-market-update-june-2023/how-much-money-are-european-consumers-saving-thanks-to-renewables

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Extraordinary Costs Of Green Energy Creeping Slowly Into Public Awareness

https://wattsupwiththat.com/2023/10/13/extraordinary-costs-of-green-energy-creeping-slowly-into-public-awareness/

You can see right there that the cost (measured by LCOE) of solar PV is $24-96/MWh, onshore wind is even less at $24-75/MWh, and the cheapest fossil fuel alternative is combined cycle natural gas at $39-101/MWh. So wind and solar are cheaper — QED! But, as I wrote in my August 16, 2022 post: 

[A]n LCOE calculation completely omits the dominant costs of generating reliable electricity using mostly or entirely wind and solar generators. These dominant costs are the costs of energy storage and/or backup, the costs of overbuilding, and the costs of additional transmission.

Comments
By metmike - Sept. 13, 2024, 9:50 p.m.
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Greece hit record high green energy output last year

https://www.reuters.com/sustainability/climate-energy/greece-hit-record-high-green-energy-output-last-year-2024-01-30/


Greece breaks records in renewables, energy efficiency in 2023

https://balkangreenenergynews.com/greece-breaks-records-in-renewables-energy-efficiency-in-2023/

Among numerous records is almost one month in total without coal power

The phenomenon is cementing the changes in behavior and giving hope for a more decisive shift toward sustainability in the country’s energy sector, according to Green Tank’s energy policy analyst Nikos Mantzaris.

The list of records and achievements goes on and on. In 2023, Greece didn’t consume any coal power for 672 hours or 28 days. Coal production was the lowest since the 1970s. Fossil gas and lignite together contributed to power output with 19.2 TWh or 4.3 TWh under the previous low.

An overall 19.2 TWh of electricity was generated from fossil gas and lignite in 2023 or 4.3 TWh under the previous low

In the first 11 months, the shares of lignite in electricity production (9.9%) and demand coverage (8.9%) landed below the 10% mark for the first time.

In production, renewables and large hydroelectric facilities surpassed natural gas and lignite, at 19.6 TWh against 17.5 TWh.

Emissions from electricity production tumbled 23% through November on an annual basis. They hit a record low of 13.25 million tons of carbon dioxide equivalent. The figure includes oil-fired plants on non-interconnected islands.

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Here is September 2024, again this is the truth:


Greece asks EU for urgent response to soaring power prices, letter shows

By  and

                Re: Re: Re:  UKRAINE TO JOIN NATO????????  :)          

                           By metmike - April 7, 2024, 10:44 a.m