Greece
Greece is implementing comprehensive energy sector reforms to drive decarbonisation and foster competitive markets. The government is focused on a just and affordable energy transition that benefits all citizens. Greece has set targets to reduce greenhouse gas emissions by more than 56% by 2030 compared to 2005 and to have a climate neutral economy by 2050.
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Most coal fired generation will be phased out by 2023 and EUR 5 billion has been committed to assist impacted communities. Auctions are driving strong deployment of solar PV and onshore wind. The government is implementing reforms to standardise and simplify licensing procedures for renewable projects and is investigating options for offshore wind. There are also projects for interconnections and renewables to decarbonise electricity on Greek islands. Greece has reformed its wholesale electricity market to support better coupling with the rest of Europe, which will result in lower prices.
Last updated May 3, 2023
Key energy statistics
Greece data explorer
Analysis
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Greece 2023
Energy Policy Review
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Greece's legislation on oil security
Part of Oil Security Toolkit
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Energy Policies of IEA Countries: Greece 2017 Review
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Energy Policies of IEA Countries: Greece 2011 Review
Energy Policy Review
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Oil and Gas Emergency Policy: Greece 2010 update
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Energy Policies of IEA Countries: Greece 2006 Review
Energy Policy Review
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Energy Policies of IEA Countries: Greece 2002
Energy Policy Review
Events
27 Apr 2023 08:00—09:00
Latest news
Greece must build on its successes in reducing fossil fuel dependence, IEA report says
IEA welcomes Greece's progress with energy sector reform and encourages the country to maintain the momentum
IEA Executive Director meets with Greek Minister for Environment and Energy
Energy ministers set course for new era at IEA
Policies
Policy
Country
Year
Status
Jurisdiction
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Greece 2022 Ended National
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Greece 2021 In force National
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Greece 2021 Ended National