The target model, launched last Sunday, has already produced a first batch of two-way agreements, involving power utility PPC and its supply division, the off-taker, for lignite-fired capacity totaling 309 MW, presumably for telethermal needs at the utility’s Agios Dimitrios III and Kardia III facilities.

PPC’s two-way agreements concerning the lignite-fired power stations do not seem to be influencing market prices – at least not overtly.