Greek power utility PPC’s share of electricity production fell to 37% in the first six months. That is 6% lower compared to H1 2022, according to Energypress.
This contraction is mainly attributed to reduced output at natural gas-fueled power stations, driven lower by a slump in PPC’s high-voltage market share, down from 90.1 percent to 53.8 percent over the past year.
During this period, three major industrial consumers, Aluminium of Greece, Helleniq Energy, formerly named Hellenic Petroleum, and metal processing company Viohalko, ended supply deals with PPC and established new agreements with rival producers.
Viohalko, one of the biggest electricity consumers in the country, will reestablish an association with PPC in 2025, when a green-energy power purchase agreement between the two is set to commence.
PPC believes it can regain, over the next few years, some of the high-voltage market share it has shed by offering industrial consumers competitively-priced green energy.
