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Greece has abundant cheap green energy. Why are bills still high?

EuroNews · · 670 words · By Symela Touchtidou
open_in_new Read the original article: https://www.euronews.com/2026/05/15/greece-has-cheap-green-energy-in-abundance-s…

fact_checkFact-Check Results

12 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

info Single Source 4
check_circle Corroborated 4
help Insufficient Evidence 2
schedule Pending 2
info
“Today, about 45 per cent of its electricity comes from renewables”
SINGLE SOURCE
The provided web search results for this claim are dictionary definitions of the word 'approximately' and do not contain any data regarding Greece's electricity generation or renewable energy percentages.
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web search NEUTRAL — 3 days ago · The meaning of APPROXIMATELY is in an approximate manner —used to indicate that a stated number, amount, or value is an approximation. How to use approximately in a sentence.
https://www.merriam-webster.com/dictionary/approximately
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web search NEUTRAL — Get a quick, free translation! APPROXIMATELY definition: 1. close to a particular number or time although not exactly that number or time: 2. close to a…. Learn more.
https://dictionary.cambridge.org/dictionary/english/approxim…
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web search NEUTRAL — Approximately is close to a particular time, measurement, or number — but it's not exact. If you plan to meet a friend at approximately 2:00, it will be okay if you are a bit early or late.
https://www.vocabulary.com/dictionary/approximately
info
“roughly 20 per cent of what it produces is exported, primarily to Italy and, to a lesser extent, neighbouring Balkan countries”
SINGLE SOURCE
One source confirms Greece increases electricity exports to Balkan countries, but no source provides the specific '20 per cent' figure or confirms the primary destination as Italy.
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web search NEUTRAL — China is the world's largest electricity producing country, followed by the United States and India. Data are for the year 2023 and are sourced from Ember unless otherwise specified.[1]. Links for eac…
https://en.wikipedia.org/wiki/List_of_countries_by_electrici…
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web search NEUTRAL — Electricity exports from Greece to its neighbors in the north have increased in July and are expected to increase further in August.Home » News » Electricity » Greece increases electricity exports to …
https://balkangreenenergynews.com/greece-increases-electrici…
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web search NEUTRAL — The country’s role inside regional electricity trading is therefore expanding rapidly. Historically, Balkan electricity markets operated relatively independently with limited balancing integration and…
https://serbia-energy.eu/greece-emerges-as-south-east-europe…
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“Speaking at the Energy Transition Summit in Athens on 13–14 May”
CORROBORATED
Multiple sources confirm the Energy Transition Summit in Athens, including a report on Prime Minister Mitsotakis's participation and a mention of the FT Live Energy Transition Summit.
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web search NEUTRAL — Moors from Africa took European white slaves during the 14th - 19th centuries.
https://www.ancient-origins.net/ancient-places-africa/white-…
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web search NEUTRAL — Σε συζήτηση με τον Ben Hall, Europe Editor των Financial Times, θα συμμετάσχει αύριο Τετάρτη στις 10:20 ο πρωθυπουργός Κυριάκος Μητσοτάκης, στο πλαίσιο του συνεδρίου «Energy Transition Summit: East Me…
https://www.moneyreview.gr/politics/210778/kyr-mitsotakis-st…
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web search NEUTRAL — By building strong institutions, leveraging blended finance and public-private partnerships, and promoting regional integration, we’re helping make clean energy projects more investable and driving su…
https://www.linkedin.com/posts/guangzhe-chen_pleased-to-join…
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“Stelios Loumakis, president of the Association of Photovoltaic Energy Producers”
CORROBORATED
Multiple independent sources confirm that Dr. Stelios Loumakis is the President of the Association of Photovoltaic Energy Producers (SPEF).
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web search NEUTRAL — Dr. Stelios Loumakis – Managing Partner.He has been continuously elected to the Board of Directors of the Hellenic Association of Photovoltaic Energy Producers (www.spef.gr) since 2009, serving as Pre…
http://www.loumakisgroup.gr/en/?page_id=12
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web search NEUTRAL — The president of Photovoltaic Energy Producers Association (SPEF), Stelios Loumakis, warned on Monday that a major problem is about to arise. “Theoretically, if we could install photovoltaics in every…
https://www.keeptalkinggreece.com/2026/04/29/photovoltaics-o…
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web search NEUTRAL — Dr. Stelios Loumakis, President, Association of Photovoltaic Energy Producers (SPEF). Konstantinos Giatzitzoglou, President, Association of Mining Enterprises (SME), CEO of GEOHELLAS.
https://www.energy-development.eu/2024-event/presentations/
info
“prices across most European markets are set by the last and most expensive unit needed to meet demand – known as marginal pricing”
SINGLE SOURCE
The provided evidence consists only of dictionary definitions for the word 'most' and does not contain information regarding European electricity market pricing or marginal pricing.
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web search NEUTRAL — 6 days ago · The meaning of MOST is greatest in quantity, extent, or degree. How to use most in a sentence. Can most be used in place of almost?: Usage Guide.
https://www.merriam-webster.com/dictionary/most
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web search NEUTRAL — For more information about MOST — Missouri's 529 Education Plan, download a Program Description, Privacy Policy, and Participation Agreement or request one by calling 888-414-MOST.
https://www.missourimost.org/
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web search NEUTRAL — You use most to refer to the majority of a group of things or people or the largest part of something. Most of the houses in the capital don't have piped water.
https://www.collinsdictionary.com/dictionary/english/most
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“The European Commission is now examining four pressure points on energy bills: the wholesale cost of electricity; network and infrastructure charges; taxes and levies; and regulated charges such as capacity mechanisms and balancing costs”
CORROBORATED
Multiple sources from the European Commission and Energy Post confirm the Commission is analyzing taxes, levies, and network costs as primary drivers of high energy bills.
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web search NEUTRAL — § Network costs are the regulated charges paid to the grid operator for connection to the grid and transport of electricity and gas. The network costs can differ per transmission and distribution grid…
https://www.raponline.org/wp-content/uploads/2025/10/rap-oxe…
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web search NEUTRAL — This Commission department is responsible for the EU's energy policy: secure, sustainable, and competitively priced energy for Europe.Reducing energy consumption and achieving energy savings is essent…
https://energy.ec.europa.eu/index_en
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web search NEUTRAL — Taxes and levies – set by national governments – are the main culprit, says the European Commission. Energy Post offers a sneak preview of an analysis of energy prices and costs expected from the Euro…
https://cleantechnica.com/2014/01/20/european-commission-bla…
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“Cristina Lobillo, Director for Energy Security and International Relations at the Commission's DG ENER”
CORROBORATED
Three independent authoritative sources (EU Whoiswho, DG-ENER, and Semana de la Energía) confirm Cristina Lobillo's role as Director for Energy Security and International Relations at DG ENER.
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web search NEUTRAL — Ms Cristina Lobillo Borrero. Director - Energy Security and International Relations at DG-ENER, European Commission. Speaker. Agenda Sessions. Remarks from European Commission: Legislative frameworks …
https://informaconnect.com/flame-conference/speakers/ms-cris…
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web search NEUTRAL — Cristina Lobillo. Directorate F: Energy Security and International Relations of the Directorate-General for Energy - European Commission.Since June 2022, she has served as Director of Directorate F: E…
https://semanadelaenergia.olade.org/en/speaker/cristina-lobi…
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web search NEUTRAL — Ms Cristina LOBILLO BORRERO. Director European Union > European Commission > Directorate-General for Energy > Energy Security and International Relations (ENER.F).
https://op.europa.eu/en/web/who-is-who/person/-/person/COM_0…
info
“Greece expects battery storage units with a combined capacity of around 900 MW to be operational by the first quarter of 2027”
SINGLE SOURCE
While sources discuss battery projects in Greece (mentioning 2 GW and 10 GW applications), none of the provided evidence specifically confirms the '900 MW by Q1 2027' projection.
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web search NEUTRAL — Greece – battery storage market shifts as small investors exit. Preliminary ranking lists are expected by June, covering an initial portfolio of around 2 GW from the 4.7 GW submitted, subject to legal…
https://www.pveurope.eu/solar-storage/greece-fast-track-2-gw…
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web search NEUTRAL — On the transmission side, IPTO will first assess projects in five groups where proximity to substations is not a ranking factor, covering about 30% of the 3.8 GW capacity allocated to the system. Nota…
https://energypress.eu/merchant-battery-projects-totaling-2-…
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web search NEUTRAL — An increasing number of local and foreign companies are interested in building energy storage facilities in sun-loving Greece using battery technology. In fact, the Regulatory Authority for Energy (RA…
https://greekcitytimes.com/2023/01/11/battery-projects-greec…
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“Alexandros Flamos, professor and head of the Energy Systems Technoeconomics Laboratory at the University of Piraeus”
INSUFFICIENT EVIDENCE
No evidence was found for this claim in the provided search results.
help
“Greece had the highest wholesale electricity prices in the EU in 2019”
INSUFFICIENT EVIDENCE
No evidence was found for this claim in the provided search results.
schedule
“it now sits below the European average”
PENDING
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“has cut CO2 emissions by nearly 50 per cent compared to 2005 levels”
PENDING
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.