Elpedison, owned by ELPE (Hellenic Petroleum), Edison, and the Ellaktor group, has decided to place its two power stations on standby, responding to the subdued demand for electricity amid the country’s ongoing deep recession, ELPE chief executive Grigoris Stergioulis announced yesterday at a Hellenic Petroleum general shareholders meeting.

Stergioulis explained that, as a result of the move, the two power stations would produce electricity only when requested by IPTO, the power grid operator, to support the grid’s requirements. They will return to full production only when maret conditions make this feasible, the official added.