Electricity: PPC’s share falls below 50% as Protergia gains ground

Electricity demand rose 3.8% in September, while domestic generation increased by 7%. Renewables accounted for 56.7% of the energy mix, while PPC’s share of the total market fell to 48.4% and Metlen’s Protergia strengthened its position to 21.2%.

Electricity: PPC’s share falls below 50% as Protergia gains ground

This article is an AI translation of an original piece published in Greek. Read original

Both demand for and generation of electricity increased in the Greek market in September, according to data from IPTO cited by World Energy News.

Electricity demand rose 3.8% year on year to 4,355 GWh, while domestic generation grew faster, increasing by 7% to 4,777 GWh.

Cross-border electricity flows also rose significantly. Exports increased by 50.2% year on year to 727 GWh, while imports rose by 40.6% to 306 GWh.

Renewables lead the way

Renewable energy sources retained their dominant position in the energy mix, accounting for 56.7% of total electricity generation in September.

Thermal generation followed with a 35.2% share, while hydropower accounted for 7.1% and batteries for 1% of the mix.

Retail market shares

Changes in the retail electricity market are particularly notable, with PPC recording a significant decline in its overall share and Metlen’s Protergia strengthening its position as the second-largest supplier.

PPC’s total market share stood at 48.4% in September, down from 53% in August.

The decline was concentrated mainly in the low- and medium-voltage segments. In low voltage, the company’s share fell to 61.6% from 64.1%, while in medium voltage it slipped to 35.1% from 39.8%.

By contrast, PPC strengthened its position in high voltage, with its share rising to 18.9% from 14.3% the previous month.

By contrast, Metlen’s Protergia continued to expand its presence in the market, increasing its overall share to 21.2% from 19.1% in August.

In medium voltage, the company’s share reached 23.6%, while in high voltage it retained the top spot among suppliers, with a share of 49.9%, despite falling from 54.9% in August.

 

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