Energy ministry publishes bill on Greek energy market reforms

The bill provides for the creation of new energy markets that will enable suppliers and producers to better plan and manage risk and with the ultimate aim of reducing the cost of electricity for consumers. It also shields the powers of the Energy Regulatory Authority and specifies the roles of supervisory bodies and market operation.

“The purpose of the bill is the reorganization of the Greek electricity market, in accordance with the provisions of the European Parliament and Council in order to enable the completion of the single European electricity market,” Environment and Energy Minister Panos Skourletis said in a statement accompanying the bill.

The public consultation will last until September 16.

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