Power grid operator IPTO’s two final demand response auctions for the year, scheduled for December 29 and 30 and to concern the time period between January 1 and March 31, 2021, will be staged amid tight market conditions that resemble those of the country’s supply security crisis in 2017, making the operator’s activation of the demand-response mechanism, a key energy-saving tool for the industrial sector, more probable.

Major-scale electricity consumers such as industrial enterprises are compensated when the TSO (IPTO) asks them to shift their energy usage (lower or stop consumption) during high-demand peak hours, so as to balance the electricity system’s needs.

Capacities totaling 800 MW will be offered at the two upcoming demand response auctions, equally divided into 400-MW amounts for the two sessions.