Consultation participants critical of target model terms

Local market players and groups have submmited a range of views, some of these critical, to an initial public consultation procedure for regulations being shaped for the target model, aiming to harmonize the electricity wholesale market with EU standards.

EVIKEN, the Association of Industrial Energy Consumers, fears market distortions will be maintained through the target model terms beng planned, obstruct the Greek market’s interconnections with other regional markets, increase energy costs for consumers, and impact the indusrial sector’s level of competitiveness.

HAIPP, the Hellenic Association of Independent Power Producers, locally acronymed ESAI, wants a more comprehensive consultation process for the target model’s terms, highlighting that these must guarantee the efficient functioning of new markets with the participation of more players and transparent conditions. The association also called for the implementation of an upper limit for the main power utility PPC’s contracted amounts.

In its views, ESEPIE, the Hellenic Association of Electricity Trading & Supply Companies, contends the target model’s terms lack real interconnection potential.

PPC supports that access to new markets must not depend on market shares held by participants. Term-based products offered in the wholesale market need to be combined with the elimination of term products offered in the NOME auctions, the utility noted.

SPEF, the Hellenic Association of Photovoltaic Energy Producers, was critical of the target model regulations being planned, noting that, compared to conventional units, provisions are lacking for flexible RES electricity production management. This association also pointed out that the elimination of priority dispatch rights for RES supply to the grid will place RES units in an an unfavorable position, compared to conventional units, unless CO2 emission right prices are considerably higher.