| ID | 125811 |
| Title Proper | Greek electricity market reforms |
| Other Title Information | political and regulatory considerations |
| Language | ENG |
| Author | Danias, Nikolaos ; Swales, John Kim ; McGregor, Peter |
| Publication | 2013. |
| Summary / Abstract (Note) | The paper tracks the evolution of the Greek electricity market since the beginning of the liberalization process. Its progress is benchmarked against the criteria suggested by Littlechild (2006b). The Littlechild framework highlights key remaining deficiencies in the stances and policies adopted which need to be resolved in order for liberalization to proceed successfully. The focus is on the agendas of the Greek government, other domestic political forces and the European Union. A central requirement is the clear commitment to liberalization by the Greek government. In particular the government needs to give up political control over the previous vertically integrated, state-controlled electricity firm, Public Power Company (PPC), and allow more decision making powers and genuine independence to the market regulator. Liberalization is rendered more difficult by the present financial and economic crisis in Greece. |
| `In' analytical Note | Energy Policy Vol.62; Nov 2013: p.1040-1047 |
| Journal Source | Energy Policy Vol.62; Nov 2013: p.1040-1047 |
| Key Words | Electricity Market Reforms ; Liberalization ; Regulatory Policy |