Athens among 4 European cities with July price cuts

Household electricity prices in Athens fell by 7 percent in July, month to month, making the Greek capital one of just four European cities to register price reductions last month, a latest monthly survey conducted by HEPI, the Household Energy Price Index, has shown.

Retail electricity prices in Athens dropped to 0.218 euros per KWh, below the European average of 0.284 euros per KWh and slightly above the average retail electricity price for 33 cities included in the study, which ended July at 0.217 euros.

Athens was ranked 21st among the HEPI survey’s 33 participating cities in terms of retail electricity cost.

The Greek government’s electricity subsidy program for June and July exceeded 730 million euros per month and will cost over 1.1 billion euros for August.

Besides Athens, three other European cities experienced retail electricity price reductions in July: Vienna (-20%); Madrid (-12%); and Rome (-10%).

Europe’s highest retail electricity prices were recorded in London (0.630 euros per KWh); Copenhagen (0.530 euros per KWh); Rome (0.459 euros per KWh); Amsterdam (0.419 euros per KWh) and Prague (0.409 euros per KWh).

July’s biggest retail electricity price increases in Europe, according to the HEPI survey, were registered by: Vilnius (44%); Amsterdam (37%); London (25%); and Sofia (24%).

Athens, Peloponnese power supply reinstated after fire damage

Power supply to Athens and Peloponnese areas affected late last night by a fire that broke out at a key grid facility west of Athens, in the Aspropyrgos area, was swiftly reinstated after power grid operator IPTO technicians along with distribution network operator DEDDIE/HEDNO crews took action to repair damages at the grid facility.

Earlier today, the ministry assured that the environment had not been impacted after a team of environmental authorities visited the fire-damaged facility in Aspropyrgos to measure the amount of pollution in the air.

Electricity supply to Athens areas was mostly reinstated within 40 minutes while power transmission to the Peloponnese was back within 55 minutes.

The cause of the fire at the Aspropyrgos power facility is still being investigated.

Central Athens, suburbs in the west and south, as well as areas on the capital’s western outskirts, all experienced blackouts late Sunday night. In the Peloponnese, Corinth, Nafplio, Tripoli, Sparta and Kalamata were all affected. Three islands close to Athens, Aegina, Poros and Agistri, also had their electricity supply cut.

DEDDIE/HEDNO crews are still working intensively to reinstate medium-voltage supply at isolated locations in the areas that were affected.