RAE, the Regulatory Authority for Energy, will today stage an information day on terms and conditions prepared by LAGIE, the Electricity Market Operator, for the upcoming NOME auctions. Interested parties will have an opportunity to voice their opinions. The session will provide a clear indication as to their positions and intentions.

The NOME terms are currently making their way through public consultation procedures, given a deadline extention until September 9.

NOME auctions are intended to provide third parties with access to main power utility PPC’s low-cost lignite and hydropower sources as a measure to break the utility’s dominance.

Industrial enterprises are not permitted to take part in the NOME auctions. Many industrial firms, which have established power supply companies to gain access to the NOME auctions, object to one specific term that could prevent their access to the procedure. This term states that electricity suppliers must represent at least one of five supply categories whose monthly consumption needs to amount to at least 60 percent of the monthly consumption of customers represented.

According to energypress sources, industrial enterprises will react against the inclusion of this term as it restricts new suppliers and creates conditions of unfair competition.