It opens up all possibilities for PPC and strengthening competition in the electricity market, including that of Mikri PPC, the government now leaves, under pressure to complete the assessment and multiple deadlocks in the market. This was made clear yesterday by the position of the Minister of Energy Giorgos Stathakis, during the joint press conference with the Commissioner for Climate Action and Energy Miguel Arias Cañete. On the sidelines of the press conference, the minister announced that the new competition for DESFA (National Natural Gas System Operator) will start in the next few days and through it will be available for sale 66%, which means that plans for his stay have been permanently cancelled 51% of the company to the State, promoted by the ministry. It was preceded by a statement by Commissioner Cañete that "the Commission continues to consider that the 66% of DESFA in the best possible conditions" and that the interested parties should be independent managers of natural gas systems.,what concerns PPC, in the placement of Mr. Stathakis, the shift in the government's line was obvious, as it was bluntly expressed until today, from the non-negotiable 51% stay in the State in the "strong and sustainable PPC". "The market is in a stage of restructuring for its transition to a competitive model and for this transition there are many tools. NOME is one of them. It is premature to assess its effectiveness. The competition has intensified, PPC's share has been limited to 87% about, electricity prices are falling. The targets for reducing PPC's market share in 50% until its end 2019 have been agreed upon and are a given. Our position on PPC is clear. We want a strong and sustainable PPC", said Mr. Stathakis and called the estimates of the company's collapse exaggerated.Continue at source ...
Government folding in energy
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