And suddenly electricity prices were on fire in Europe. The energy exchanges in major markets of central and northern Europe went “red” with wholesale electricity prices shooting up to 70% for tomorrow, November 12. Executives of electricity companies talking to OT talk about the “dunkelflaute” phenomenon in the markets. The exact translation from the German … Read more
The special adviser to the Prime Minister on energy issues, Mr. Nikos Tsafos, referred yesterday to the multifactorial equation, which shapes electricity prices and does not allow the cheap cost of Renewable Energy Sources (RES) to reach consumers’ tariffs, speaking at the energy forum “Renewable & Storage”. Mr. Tsafos admitted that Greece has one of … Read more
From November 1, the night current is applied, as well as the corresponding tariff for the winter season 2024-2025. The nightly tariff DEDDIE reminds that for customers who apply a household tariff with a time charge (reduced night time) segmental hours will apply again this year, as every year, from November 1, 2024 to April … Read more
The electricity bills include several charges for the financing of renewable sources (ETMEAR) and the electrification of the islands (YKO), the gradual abolition of which is promoted by the Ministry of Environment and Energy in order to reduce consumer prices of electricity. How to reduce electricity bills The strategy for reducing prices is described in … Read more