Huawei Energy Storage Supply Power to Greece

What will happen to Greece's power supply in the next decade?

Breakthroughs are expected to occur in the current decade in the field of power supply in Greece, as the RES share in power generation is expected to increase significantly and gradually replace the use of fossil fuels.

What percentage of Greek electricity consumption is residential?

Historically, residential and commercial-public sector comprise ~70% of total electricity consumption of Greek market. Electricity retail prices were historically consistent in the Greek market until 2021, with minor deviations in end-user prices year over year. upfront prices.

Why did electricity consumption decrease in Greece?

Greece decrease of 3,3%. This decline was mainly attributed to the region's grappling with soaring energy costs, which resulted in substantial reduction in demand, especially among industrial users. Additionally, an unusually mild winter exerted further downward pressure on electricity consumption.

How much does res benefit the Greek economy?

Depending on the level of RES deployment the total benefit for the Greek economy varies from €6,2 to €17,5 billion. Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.