In 2022, the Greek market installed more megawatts (MWp) than any other technology, due to the huge interest in investments that remains steady.
In particular, according to the updated data, based on the latest information published by the TEDHIE (Aug. 2023), ADMEE (June 2023) and IAPEP (March 2023) photovoltaics accounted for 85% of the newly installed power from renewable energy sources during this year.
In 2022, the market for self-consumption systems increased dramatically compared to the previous year. Greece ranked third in Europe in 2022 in terms of the percentage of domestic electricity generated by photovoltaics, behind only Luxembourg and the Netherlands. That was three times the global average.
It was also 10th in the world in terms of installed photovoltaic power per capita, with an average value of 526 W/capita. In 2022, photovoltaics accounted for 39% of the total electricity consumption of all households in the country.
Photovoltaics are the most democratic power generation technology, with more than 60,500 systems installed across the country by the end of 2022, and this number is growing rapidly.
In addition, it is now the most economical power generation technology, with the cost of photovoltaic panels decreasing by 90% since 2009.
Thanks to the use of photovoltaic systems, in 2022 we managed to prevent the emission of 4.6 million tons of carbon dioxide (CO2). This amount of CO2 corresponds to the emissions generated by 3.7 million new cars with internal combustion engines, which travel an average of 10,000 kilometers per year. This environmental benefit is comparable to what we would if we planted 119.2 million dense trees or, respectively, 72.7 million leafy trees in urban areas and let them grow for a decade.
