The implementation of the target model and demand response mechanism are necessary for the acceptance of a permanent CAT mechanism for capacity, energy-intensive industrial enterprises have underlined.

The industrial sector’s views on the matter, presented through public consultation held by the energy ministry, were reiterated yesterday by EVIKEN (Association of Industrial Energy Consumers) official Antonis Kontoleon at an IENE (Institute of Energy for Southeast Europe) conference.

Industrial sector sources raised questions as to why authorities are currently pushing to implement the CAT mechanism by December, ahead of the target model, at a cost of 400 million euros for consumers.

Substantiated energy ministry details on the problems the proposed CAT mechanism is meant to resolve are insufficient, industrial sector officials noted, while questioning whether alternatives offering equivalent results have been thoroughly examined.