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Assessment of the operation of the Greek wholesale electricity market, Phases I & II, Greece
Assessment of the operation of the Greek wholesale electricity market, Phases I & II, Greece

CATEGORY: Energy, Markets

LOCATION: Greece

START/END: 2009-2010

CONSULTANCY BUDGET: 260,000

CLIENT: Hellenic Association of Independent Power Companies

ORIGIN OF FUNDING: Hellenic Association of Independent Power Companies

PARTNERS: NERA (UK)

LDK’s BUDGET SHARE: 30%

STAFF PROVIDED: 2

Assessment of the operation of the Greek wholesale electricity market, Phases I & II, Greece

Type of Services

  • Software development for market data collection
  • Analysis of the data and reporting
  • Drafting recommendations for initiating changes in the Greek Power and Exchange Code

Description

The overall objective of this project was to assess the way in which the wholesale electricity market is operated in Greece, with a view to identifying and substantiating possible distortions caused by a range of factors. Such factors may include abuse of dominant position, lack of transparency and effective monitoring by the regulatory or market authorities, market manipulation strategies, grey legislative areas, and distorted market regulations.

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