Greek Energy and Environment Minister Stavros Papastavrou said Greece recorded the sixth lowest wholesale electricity price in Europe during the first ten days of March, attributing the outcome to the country’s diversified energy mix.
Speaking ahead of a European Union energy council meeting, Papastavrou stated that Greece achieved this performance through a combination of renewable energy sources and hydroelectric power.
He warned that a new international crisis was affecting Europe, placing pressure on energy markets and impacting households, businesses, and daily life. He stressed that Europe needed to respond with targeted measures and flexibility to protect citizens and economies.
Papastavrou said Greece would continue to act with planning and determination, focusing on energy sufficiency, price stability, and safeguarding both consumers and the broader economy.
Referring to the package of measures on European energy networks discussed at the council, the minister highlighted the importance of strengthening infrastructure to achieve a resilient and interconnected Europe.
He emphasised that Europe must take the next step towards creating a truly unified electricity market, noting that this objective had not yet been fully realised.
