Ministry forging ahead with urgently needed energy sector revisions

Energy ministry officials are busy preparing legislative amendments for a series of urgently needed matters, most of which will be submitted to parliament tomorrow for debate and a ratification effort by Friday.

The revisions, part of the government’s wider drive to settle pending issues seen as crucial ahead of the country’s snap elections scheduled for July 7, include the adoption of a fixed capacity sufficiency mechanism that will enable the power utility PPC to seek CAT remuneration for its prospective power station Ptolemaida V, crucial for its sustainability.

Ongoing talks between the energy ministry and the European Commission are positive, ministry officials noted.

Other energy sector amendments to be discussed in parliament by Friday include RES revisions concerning the designation of forest areas; RES project connection application extensions; work contract extensions for 55 staff members at RAE, the Regulatory Authority for Energy, needed to ensure the authority’s ability to function efficiently; as well as a lifeline extension for PPC’s diesel-fueled power stations on Crete, facing an EU withdrawal deadline, for environmental reasons, by the end of this year.