RAAEY, the Regulatory Authority for Waste, Energy and Water, and gas grid operator DESFA still need to bridge a wide gap for an agreement on the latter’s WACC figure for the next four-year regulatory period covering 2024 to 2027, energypress sources have informed.

As a result, a final decision by the operator on its gas network usage fees for the next regulatory period, which had been scheduled to be set by June 5, remains pending.

This deadline results from a European regulation on interconnection auctions. The delay will impact the procedure for capacity reservations by Greek and foreign players concerning the Greek transmission system’s gas entry and exit points.

Though the delay in determining tariffs is definitely an unfavorable development, the issue could be resolved by staging capacity reservation auctions with existing gas grid network usage levels, sources noted.

RAAEY has determined that DESFA’s proposed WACC figure for 2024 to 2027, at 9.14 percent, is unjustifiably high and above the corresponding figures of all other market operators. RAAEY has proposed a WACC figure of just over 7.44 percent, DESFA’s level at the end of 2022.