Thursday, January 13, 2011

Final proposals on deregulation of power sector


    The Environment, Energy and Climate Change ministry on Wednesday submitted the government's final proposals on the deregulation of the electric power market and access by private individuals to the Public Power Corp.'s (PPC) lignite production.

   The government rejected the claim made by the European Union in the summer for the sale of 40 percent of PPC's lignite units to private individuals, as well (for environmental protection reasons) as the prospect of private individuals being given new lignite deposits, that have been located throughout Greece.
   The proposals it made anticipate the exchange of energy as of 2012, at a first stage from units of a capacity of 1000 MGW, with contracts of up to a 15-year duration between PPC and European companies.




ANA-MPA