# Greek electricity price volatility and gas export growth > Live situation record from CLSTR: https://clstr.news/situations/greek-electricity-wholesale-price-volatility > Updated: 2026-10-11T16:05:20.000Z. Sources: 32. Developments: 3. In September 2026, wholesale electricity prices in Greece reached a yearly high of 211.76 euros per megawatt-hour, a 177.63% increase compared to the same day in the previous year. Price volatility is most pronounced during evening hours when solar production declines. During these periods, the market relies more heavily on natural gas units, which make up approximately 33% of the energy mix, driving prices as high as 340.89 euros per megawatt-hour. Although renewable energy accounts for 47.72% of production, the market remains sensitive to international natural gas price fluctuations. By mid-October 2026, prices in Greece experienced a renewed surge, with next-day market rates reaching 212.18 euros/MWh, an increase of over 28% within a few days. This upward pressure is largely attributed to rising natural gas prices, specifically at the Dutch TTF hub, which has remained above 70 euros/MWh—more than double the levels seen in February. This trend is part of broader volatility across Central and Southeastern Europe, with Bulgaria and Italy also reporting rates exceeding 200 euros/MWh. Analysts suggest that while natural gas costs are a primary driver, weather conditions such as weak winds affecting turbine operation also contribute to fluctuations in the Mediterranean and Balkan regions. In contrast, Western and Northern European markets, including Germany and France, have reported significantly lower rates between 45 and 52 euros/MWh. Parallel to these price fluctuations, Greece is strengthening its role as a strategic energy hub. Data from DESFA indicates that natural gas exports surged by 168.77% during the first nine months of 2026, reaching 13.60 TWh compared to 5.06 TWh in the same period of 2025. While domestic consumption decreased by 2.67%, total imports rose by 12.61% to 63.57 TWh. ## Claims - Total natural gas demand in Greece rose by 12.72% to 63.53 TWh in the first nine months of 2026. (disputed by 6 sources) - Total natural gas imports in Greece reached 63.57 TWh, an increase of 12.61% compared to the same period in 2025. (disputed by 4 sources) - Natural gas exports in Greece increased by 168.77% in the first nine months of 2026. (corroborated by 6 sources) - Imports via the Alexandroupolis FSRU reached 5.82 TWh, more than five times the 1.03 TWh recorded in the previous year. (corroborated by 5 sources) - Natural gas exports reached 13.60 TWh in the first nine months of 2026. (corroborated by 5 sources) - Domestic natural gas consumption in Greece decreased by 2.67% to 49.93 TWh. (corroborated by 5 sources) - Imports through the Revythoussa LNG Terminal increased by 11.58% to 24.28 TWh. (corroborated by 4 sources) - The United States covered approximately 74% of LNG imports through Revythoussa in the first nine months of 2026. (single source) - Electricity prices in Greece reached 212.18 euros per MWh on the next-day market. (single source) - European natural gas prices reached their highest point since December 2022. (single source) ## Timeline ### 2026-10-11: Greece natural gas exports surge 168% in first nine months of 2026 Greece's natural gas exports rose 168.77% in the first nine months of 2026, reaching 13.60 TWh, as the nation solidifies its role as a strategic energy hub for Southeast Europe. 13 sources. https://clstr.news/cluster/european-electricity-prices-surge-in-central-and-southeastern-regions ### 2026-10-10: Energy market prices and volumes reported by EPİAŞ EPİAŞ data shows electricity spot prices reaching 4,500 TL/MWh with significant trading volume shifts, while natural gas reference prices were set at 19,048 TL per 1,000 cubic meters. 2 sources. https://clstr.news/cluster/energy-market-prices-and-volumes-reported-by-epia ### 2026-09-21: Greece electricity wholesale prices hit 2026 high Greek wholesale electricity prices hit a 2026 high of 211.76 euros per MWh on September 22, driven by natural gas volatility and decreasing solar production during evening hours. 20 sources. https://clstr.news/cluster/attica-power-outages-scheduled-for-monday-september-21 --- Cite as: Greek electricity price volatility and gas export growth. CLSTR, https://clstr.news/situations/greek-electricity-wholesale-price-volatility