electricity producers

Greece: Ministry opts against emergency tax on electricity producers, relies on Energy Transition Fund Read More »

Greece: Ministry opts against emergency tax on electricity producers, relies on Energy Transition Fund

The Greek Ministry of Environment and Energy has decided not to introduce an emergency tax on electricity producers, choosing instead to rely fully on the Energy Transition Fund (ETF) to finance subsidies for electricity bills. Originally intended as a temporary financial mechanism, the ETF will now bear the entire responsibility for supporting energy costs. Last […]

Greece: Balancing market contributes 21% to earnings of electricity producers in 2023 Read More »

Greece: Balancing market contributes 21% to earnings of electricity producers in 2023

In 2023, the balancing market remained a crucial source of revenue for electricity producers, contributing approximately 21% of their total income, a trend expected to continue in 2024. Financially, the market generated €410 million last year, making up around 5% of the overall short-term electricity market. The balancing market consists of three main components: the

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