The Greek Energy Regulatory Authority fines the national electricity incumbent for a series of violations regarding its obligations (Public Power Corporation)

On 15th July 2011, the Greek Regulatory Authority for Energy (hereinafter: "RAE") issued a decision on the merits by which it imposed a fine on the Public Power Corporation (hereinafter: "PPC") for a series of breaches of its obligations as the Operator of the national Electricity Distribution Network, thereby preventing the development of competition in the Greek electricity market. The fines imposed amounted totally to 900,000 Euros. 1. Facts In late 2010 a company called "VERBUND Austrian Power Trading ENERGA HELLAS SA" (hereinafter "Verbund"), which currently holds a license to supply electricity in Greece in accordance with Article 24 of Law 2773/1999 (the so-called Electricity Law), filed a complaint with the RAE for alleged infringements of said Law as well as the Manual for

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

  • Alexiou - Kosmopoulos Law Firm

Quotation

George Zohios, The Greek Energy Regulatory Authority fines the national electricity incumbent for a series of violations regarding its obligations (Public Power Corporation), 15 July 2011, e-Competitions Bulletin July 2011, Art. N° 38888

Visites 386

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues