Greece Energy Information
2018 Greece Key Figures
GDP growth rate: 2.10 %/year
Energy independence: 32.9%
* at purchasing power parity
CO2 Emissions: 5.75 tCO2/capita
Rate of T&D power losses: 2.13%
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Greece Related Research
Total Energy Consumption
Total energy consumption per capita is 2.1 toe in 2018 (down from 2.7 toe in 2008), including around 5 200 kWh of electricity (5 300 kWh in 2008); it is 31% lower than the EU average (3.1 toe). The significant decrease in consumption since 2008 is a result of the strong economic crisis.
Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)
Interactive Chart Greece Total Energy Consumption
Crude Oil Production
Crude oil production is negligible and covers 2% of the country's oil needs. The main suppliers are Iraq (36%), Russia (25%), and Iran (8%) (2018); Iran used to be a large supplier (34% in 2011), but this has changed due to the EU embargo of 2012. In 2016, Hellenic Petroleum signed an agreement with NIOC to resume crude oil imports from Iran. Under the agreement, Hellenic Petroleum will start importing oil from Iran immediately and will settle its US$550-600m outstanding debt to NIOC for oil imported before the sanctions with payment blocked by the international embargo.
Interactive Chart Greece Crude Oil Production
Oil Products Consumption
The consumption of oil products increased regularly from 1990 until a peak at 18 Mt in 2007 (close to 2%/year on average), then fell by 34% between 2008 and 2013 because of the economic crisis. It has remained quite stable since 2013 (11 Mt in 2018).
Graph: OIL CONSUMPTION (Mt)
Interactive Chart Greece Refined Oil Products Production
Natural Gas Consumption
Since 2015, natural gas consumption has been rising and stood at an all-time high of 4.9 bcm/year in 2017. In 2018, consumption was stable. It increased strongly between its introduction in 1997 and a peak of 4.7 bcm in 2011. Subsequently, it fell at a pace of about 14%/year until 2014 due to the economic crisis and the decrease in power generation. it
The electricity sector absorbs 59% of the total gas consumption and buildings 13%.
Graph: NATURAL GAS CONSUMPTION (bcm)
Interactive Chart Greece Natural Gas Domestic Consumption
Lignite consumption reached an all-time high in 2004 (72 Mt); it stood at 37 Mt in 2017. Nearly all the lignite consumption is used by the electricity sector (99%) and the current decrease is explained by the drop in demand.
Graph: COAL CONSUMPTION (Mt)
Graph: COAL CONSUMPTION BREAKDOWN BY SECTOR (2018, %)
Interactive Chart Greece Coal and Lignite Domestic Consumption
Electricity consumption fell by 2.3%/year over the 2008-2014 period, but has been recovering since then, reaching 55.1 TWh in 2018. It increased rapidly and regularly between 2000 and 2008 (close to 3.4%/year).
Households and services are the largest consumers of electricity (35% each), followed by industry (22%).
Graph: ELECTRICITY CONSUMPTION (TWh)
Graph: ELECTRICITY CONSUMPTION BREAKDOWN BY SECTOR (2018,%)
Renewable in % Electricity Production
According to the EU Directive on renewables, the national target is to increase the share of renewables in the gross final energy consumption to 18% by 2020 (17% achieved in 2017); the share for renewable electricity is set at 40%. Under its draft National Energy and Climate Plan (NECP), the country targets a 31% share of renewables in gross final energy consumption in 2030.
Interactive Chart Greece Share of Renewables in Electricity Production (incl hydro)
CO2 Fuel Combustion/CO2 Emissions
The country's commitment within the Kyoto Protocol was easily achieved because of the economic recession: in 2012, GHG emissions were 7% below the 1990 level, while Greece's target was to limit the increase to 25%. GHG emissions grew rapidly until 2005, when they reached a level 30% above the 1990 level. Since 2008, they have been decreasing sharply (by 1.1%/year on average) and stood 6% below their 1990 level in 2017 (99 MtCO2).
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