Over the period from September 2025 to August 2026, Greece's electricity consumption showcases an almost balanced share between low-carbon and fossil energy sources. More than half, about 51% of electricity, is currently derived from low-carbon sources, namely wind, solar, and hydropower, with each contributing around 21%, 18%, and nearly 12%, respectively. Conversely, close to half, around 49%, relies on fossil fuels, with gas being the most significant fossil contributor at about 41%, followed by coal and oil. This composition underscores Greece's commitment to transitioning towards low-carbon electricity, although the reliance on fossil fuels indicates room for improvement in reducing carbon emissions and enhancing air quality.

Is Electricity Growing in Greece?

Regarding electricity growth, Greece has not yet returned to its peak levels of electricity consumption observed in 2008, when it stood at 6261 kWh/person. The latest figures for 2026, show a decline to 5485 kWh/person. Despite this decline in total electricity use compared to historic highs, it is encouraging to see an increase in low-carbon electricity generation. The current low-carbon output set a new record at 2815 kWh/person, surpassing the prior high in 2024 by 251 kWh/person. This highlights the progress Greece is making in producing more sustainable electricity, even if the overall consumption is down from its peak, pointing to a shifting energy landscape.

Suggestions

To further expand its low-carbon energy generation, Greece can look to enhance its existing wind and solar infrastructure. These two technologies are already contributing significantly and have room for further growth. Additionally, Greece can draw inspiration from regions such as France and Slovakia which have successfully integrated a large share of nuclear power into their energy mix, producing over 65% of their electricity from this low-carbon source. Looking regionally, countries with similar climates, like Spain with its focus on solar and wind, could also provide valuable insights on maximizing solar capacity. By aligning with these successful models, Greece can continue to elevate its clean energy production, reducing its dependence on fossil fuels and contributing actively to climate goals.

History

Historically, Greece's journey through the early 2000s saw considerable fluctuations in hydropower output with significant downturns in 2001, 2007, and 2011, which are concerning. Nonetheless, from the 2010s onward, the country experienced burgeoning growth in solar capacity, notably seeing an increase in 2013 and again in 2022 and 2023. Wind energy also experienced a positive trajectory, with a notable rise in 2020. While there was a setback for wind in 2025, it was counteracted with a robust recovery of hydropower in 2026. This persistent development of clean energy sources is promising and underscores the potential for further optimizing low-carbon energy production.

Electricity Imports and Exports

Balance of Trade

* 12M = Last 12 months (Sep 2025 – Aug 2026) — a rolling 12-month period, not a calendar year.