SEV pushes for liberalization of country’s energy markets

SEV, the Hellenic Association of Industrialists, has called for the full liberalization of the country’s electricity market and an end to state monopolies in the energy sector, in a letter forwarded to RAE, the Regulatory Authority for Energy, and signed by two of the country’s leading industrialists who head the association’s Energy Committee.

The letter, which was signed by Evangelos Mytilineos, head of Mytilineos Group, one of Greece’s leading industrial groups with activities in the sectors of EPC (Engineering-Procurement-Construction), Metallurgy & Mining, and Energy, as well as Dimitris Papalexopoulos, the top official at cement industry Titan, who assumed their posts on the SEV committee in October, was forwarded amid the country’s effort to shape its target model as part of an overall plan for a fully integrated European electricity market.

The involvement of top industrialists such as Mytilineos and Papalexopoulos on SEV’s Energy Committee immediately heightened expectations for an intensified effort by the association on pivotal energy issues.

In their letter, Mytilineos and Papalexopoulos make clear the Greek industrial sector’s united stance for an exit from the ongoing recession as well as the sector’s request for a liberalized energy market.

“The debate around national plans for the implementation of the target model, which is the main vehicle for the creation of a single electricity market in Europe, aims to make full use of exisiting energy infrastructure, develop adequate competitive pressure on national markets through the free movement of electricity in the EU, increase capacity in the remainder of Europe, create conditions – in Greece – for the implementation of the right to choose supplier, and ultimately, reduce energy costs and provide high quality services for consumers,” the letter noted. “Progress towards these targets entails collaboration, concessions and an effort to find common ground that unites the productive forces of our country, an endeavor already embraced by SEV.”