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February 12, 2026
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About Greece
Lignite dominated Greece’s electricity system for decades, but the country only has four operating coal units at two power stations remaining as of December 2025. Greece joined the Powering Past Coal Alliance (PPCA) 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), decided to cease operating its existing lignite coal plants by 2023, leaving just its 660 megawatt (MW) Ptolemaida Unit 5, which was commissioned in February 2023, to operate until 2028. In April 2022, the Greek government announced that it intended to keep all of its coal plants available until 2028 amidst the prospect of a total Russian fossil gas cutoff.
In April 2021, PPC announced that the Ptolemaida plant would end coal use earlier than planned, by 2025, due to rising carbon permit prices. In January 2024, PPC revised this timeline, stating that Ptolemaida Unit 5 would cease burning coal in 2026. Coal power generation in Greece reached a record low in May 2024, and PPC indicated that the country could become coal free by 2026. In 2025, the retirement of the 995 MW Agios Dimitrios power station was postponed until May 15, 2026, amid energy security concerns. Despite this postponement, plans to fully phase out coal in Greece remain set for 2026.
Greece’s evolving coal phaseout pathway is situated within the European Union’s updated Nationally Determined Contribution (“NDC 3.0”), submitted in November 2025, which introduces an indicative 2035 emissions reduction target, reinforces the phase-down of unabated coal power, and reaffirms the objective of climate neutrality by 2050.
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.

© 2026. BLOOMBERG GLOBAL COAL COUNTDOWN.
ALL RIGHTS RESERVED.
RECENT NEWS
February 12, 2026
Kpop4Planet has won support from 12 Indonesian fan clubs to pressure South Korea’s Hana Bank to phase out coal fina...
February 12, 2026
Slovenia passes legislation to close last coal mine by 2033
February 08, 2026
Proposed Elk Valley coal mine expansion faces scrutiny as water quality concerns continue
February 05, 2026
If Australia and Indonesia agreed to end new thermal coal mines, it could drive the green transition.
February 04, 2026
Coal imports for power blending plunge 54% in Apr–Dec
RECENT NEWS
LET’S END COAL NOW.

