Greece’s demand response mechanism (interruptability) and a transitional flexibility mechanism are on the agenda for talks today, at a technical level, between Greek government and Brussels officials.
Greece has not yet submitted an application for an extension of the country’s demand response mechanism as the energy ministry is still gathering related details from the European Commission, primarily on the extension duration it should apply for.
Ministry officials want to know if a two-year extension for the demand response mechanism is feasible. Otherwise, Greece could apply for a one-year extension.
Both the demand response mechanism and transitional flexibility mechanism are crucial for the proper functioning of the market, according to a recent study conducted by the power grid operator IPTO, a prerequisite for the double application.