Greece fully complied with European commitments to reduce the consumption of minerals natural gas And electricity during peak hours, as well as to achieve a significant reduction in the overall demand for electricity. At the same time, he committed national resources of 10.7 billion euros to mitigate the effects of the energy crisis.

According to Green Tank’s performance briefing Greece In the fight against the energy crisis, based on the use of data from DESFA, ADMIE and Eurostat, Greece has achieved a reduction of 20.9% in total natural gas consumption, i.e. gas entering the country through pipelines compared to a five-year period. eight-month average from August 2022 to March 2023 compared to the European 15% reduction target.

In addition, in the eight months from August 2022 to March 2023, an 86.2% reduction in dependence on Russian gas imported through the Turkish Stream pipeline was achieved, used to meet domestic demand. gas, which covered part of domestic demand, was 65.4% in the seven months from August 2022 to February 2023, significantly better than the corresponding EU27 average of -53%.

Greece achieved a 20.9% contraction in the 8 months from August 2022 to March 2023, compared to the European target of 15% contraction.

Interconnected electricity demand, compared to the five-year average, fell by 8.4% in the five months from November 2022 to March 2023, compared to the European target of a decline of 10%. However, Greece exceeded the minus 10% limit in two of the five months of the period. Finally, the country achieved an 11.4% reduction in peak electricity consumption over the four-month period of the measure (December 2022-March 2023) compared to the corresponding five-year average.

In terms of supporting households and businesses to mitigate the effects of the energy crisis, Greece has provided around 10.7 billion euros between September 2021 and December 2022, which it has collected from various sources.

Of these, 9.783 billion euros were direct subsidies to cover the increase in electricity and natural gas bills, 821 million euros were direct subsidies for the incomes of various categories of citizens, and the remaining 102 million euros were tax incentives.

In contrast, smaller European resources of €1.424 billion from the European Regional Development Fund and the Recovery and Resilience Fund, which were also raised during the crisis through the Recycle Instead of Devices and Save 2021 programs, are due to changes that are leading in limiting the total energy consumption in households.