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ABOUTRESEARCH & ANALYSIS
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GREECE

Data is updated as of Jan 2024
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About Greece

Lignite dominated Greece’s electricity system for decades, but the country only has four operating coal plants remaining at the end of 2023. Greece joined the Powering Past Coal Alliance in 2019, with the government announcing that it would close all coal plants by 2028. In 2020, the country’s biggest electric power company, Public Power Corporation (PPC), had decided to cease operating its existing lignite coal plants by 2023, leaving just its 660 megawatt (MW) Ptolemaida 5 unit, which was commissioned in February 2023, to operate until 2028. Then, in April 2021, PPC announced the Ptolemaida plant would end coal use earlier, by 2025, because of rising carbon permit prices. However, in April 2022, the Greek government announced that it will keep all of its coal plants available until 2028 amidst the prospect of a total Russian fossil gas cutoff.

Capacity (MW)

Net Change Since 2000

Capacity (MW)

Net Change Since 2000

Phase-Out Status

PHASE-OUT BY 2030

No New Coal Status

COMMITTED TO NO NEW COAL

Part of PPCA?

YES

Five-Year Country Capacity Trend

Operational

Constructing

Planned

Halted

Cancelled

Retired

Expected Retirement by 2030

Operational

Constructing

Planned

Halted

Cancelled

Retired

Expected Retirement by 2030

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Five-Year Country Capacity Trend

Operational

Constructing

Planned

Halted

Cancelled

Retired

Expected Retirement by 2030

Operational

Constructing

Planned

Halted

Cancelled

Retired

Expected Retirement by 2030

LET’S END COAL NOW.

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© 2024. BLOOMBERG GLOBAL COAL COUNTDOWN.
ALL RIGHTS RESERVED.

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LET’S END COAL NOW.

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© 2024. BLOOMBERG GLOBAL COAL COUNTDOWN.
ALL RIGHTS RESERVED.