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During Greece's peak power demand this year, also on July 24, solar photovoltaics covered 3.5GW of the total 10.35GW demand, grid operator IPTO said. Even in cooler and less sunny western countries such as Belgium, solar energy has covered more than 100% of the extra energy needed during midday spikes in power demand. Analysts say a second factor has helped to keep Europe's energy systems running this summer: overall, power demand has been relatively low. That has been the case since Europe's energy crisis last year, when Russia cut gas deliveries to Europe. "The only reason why this has been bearable is the low power demand environment that we're currently in," Refinitiv's Gerl said.
Persons: Nicolas Economou, Kristian Ruby, Electrica, Nathalie Gerl, IPTO, Spain's, Refinitiv's Gerl, Simone Tagliapietra, Kate Abnett, Susanna Twidale, Barbara Lewis Organizations: REUTERS, Analysts, Energy, European Commission, SolarPower, Thomson Locations: Rhodes, Greece, Europe, BRUSSELS, LONDON, Spain, Ukraine, Catania, Etna, Sicily, Athens, Belgium, Russia
Companies Holding Company ADMIE IPTO SA FollowATHENS, Oct 10 (Reuters) - Power generation from renewables fully covered Greece's electricity demand over a few hours last week, for the first time in the history of the country's electricity system, its independent power transmission operator IPTO said. IPTO said on Monday that renewables accounted for 100% of the power generation for at least five hours last Friday, reaching a record high of 3,106 megawatt hours at 0800 GMT. "Record of optimism for the country's transition to clean energy, weaning off fossil fuels & ensuring our energy sufficiency," Green Tank tweeted. It plans to have 25 gigawatt of installed renewable energy capacity from about 10 gigawatt now but analysts say Athens might reach that target sooner. IPTO has been investing in expanding the country's power grid to boost power capacity and facilitate the penetration of solar, wind and hydroelectric energy.
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