Industrial energy consumers group to step up action over CO2 costs

EVIKEN, the Association of Industrial Energy Consumers, is planning to file a complaint to RAE, the Regulatory Authority for Energy, over a formula applied by the main power utility PPC to calculate CO2 emission costs, seen as unfair and lacking transparency by the industrial sector.

The association intends to step up the pressure following the PPC’s maintenance of CO2-related costs for industrial consumers at 18 euros per MWh in February.

Industrial sector officials argue this price level should have been reduced as actual CO2-related costs at PPC have fallen because the utility has recently relied less on lignite for its electricity production.

A previous letter forwarded by EVIKEN to RAE highlighting flaws in the formula determining CO2 costs for monthly industrial electricity bills was not answered by the energy authority.

The formula applied by PPC to determine CO2-related costs for mid and high-voltage consumers breaches the supply code as it does not factor in most recent cost developments, EVIKEN will highlight in its complaint, sources informed.