Energy balancing costs in Greece to reach €1 billion

The cost of energy balancing in Greece is expected to reach €1 billion in 2025, raising concerns about the structure and operation of the market.

The Surcharges Accounts, and especially LP3, have increased by up to 150% compared to 2024, burdening consumers and creating excess profits for hydroelectric and natural gas units, according to data from EBIKEN.

The balancing market operates as a system of 'brakes' and 'steering wheel' in electricity, correcting deviations between planned and actual production/consumption. ADMIE calls on producers to contribute, either by producing more electricity, reducing their production, or remaining on standby.

This cost is passed on to consumers through other charges.

More at newmoney.gr