CHRYSSA LIAGGOU

The Energy Ministry is facilitating the switching of electricity and natural gas providers.

The issue of nuclear energy is becoming even more relevant today.

The government is mulling the possibility of imposing an extraordinary levy on the surplus profits of energy companies, as was done recently with refineries, in light of large increases in wholesale electricity prices.

The wholesale electricity markets of South and Eastern Europe are seeing prices reminiscent of the energy crisis, led by the Hungarian market, where the rate on Wednesday shot up to 263.99 euros per megawatt-hour.

The Energy Ministry is shifting from the shrinking and relocation of offshore wind farms to the definitive exclusion and transfer to a later stage of development, in order to prevent the relevant development program from becoming a field of conflict, leading to major delays.

Electricity consumers should expect further rate hikes in July after the price increase in the wholesale market, while a permanent threat for additional charges is the deficit of the renewables account (ELAPE), which the latest forecasts raise to 600 million euros by year-end, from €450 million in March.

The large penetration of renewable energy sources and the changes it has brought to Greece’s electricity system are bringing structural shifts in the relationship between consumers and electricity.