Tag Archives: power prices

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Greek authorities launch electricity market probe

The Hellenic Competition Commission (HCC) and the Regulatory Authority for Energy, Waste and Water (RAAEY or RAEWW) began a double probe into the Greek electricity market. The move follows a report by the European Union Agency for the Cooperation of Energy Regulators (ACER) concerning the formation of wholesale prices during the period between July and September […]

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Greece mulls subsidizing green energy as loan to energy-intensive industry

The Greek government intends to support energy-intensive industries through a new mechanism involving renewable energy. In recent days, discussions took place between the Hellenic Federation of Enterprises (SEV) and the ministries of environment and energy, finance, and development. The employers’ organization presented a so-called Italian plan. It is based on Italy’s Energy Release 2.0 scheme. […]

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Brussels to Croatia: Boost renewables, flexibility for cheaper industrial electricity

The European Commission advised Croatia to speed up the installation of renewable energy capacities and add non-fossil flexibility solutions, to reduce electricity prices for businesses. Electricity prices for the corporate sector in Croatia in the first half of 2024 were the third-highest in the European Union, according to the European Commission. At about EUR 0.244 […]