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Energy & Natural Resources

30 November 2020
Kosmas Karanikolas New transitional flexibility remuneration mechanism and registration of flexibility service providers

Greece - Rokas Law Firm

In July 2020 a ministerial decision of the Ministry of Environment and Energy was published in the Official Gazette. The decision encompasses the new transitional flexibility remuneration mechanism (ie, the fee paid to selected electricity providers for the provision of the flexibility service). The mechanism is now in force and will remain so until 31 March 2021 or the date of implementation of the long-term compensation mechanism regarding the electricity system's power sufficiency, whichever occurs sooner.

Author: Kosmas Karanikolas
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