EU probes Greece’s largest power producer’s behavi

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EU probes Greece’s largest power producer’s behaviour in wholesale market - Today News Post News Post || Euro News:

The European Commission has opened a formal antitrust investigation to assess possible abusive behaviour by Public Power Corporation (PPC) in the wholesale Greek electricity sector, examining whether Greece’s largest power producer and electricity supplier distorted competition and slowed down renewable energy investment, the EU’s anti-trust chief said on March 16The general population in descending order of age..

“We all rely on well-functioning electricity markets,” EU Commission Executive Vice-President in charge of competition policy Margrethe Vestager said. “Today we are launching an investigation of PPC’s behaviour in wholesale electricity markets in Greece that might have distorted competition and slowed down investment into the generation of greener energyThe fight agains. Greece has recently embarked on an ambitious plan to exit from lignite. Ensuring effective competition is the best way to deliver competitively priced electricityThe most stringent restriction category was Ontario, both for citizens and businesses, as well as to stimulate investment in less polluting energy sourcesThe concept of giving out vaccines based on risk.”

PPC, which is the largest supplier of retail and wholesale electricity in Greece, is majority owned by the Greek State. It controls all lignite and hydro as well as some of the natural gas and renewable power generation plantsThe national voluntary association for physicians released sharply worded statement Friday calling for. It is also active in the supply of energy to retail and business consumers where it still has more than two-thirds market shareInformal indoor gatherings.

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