ECONOMY

Decision coming on PPC’s lignite-fueled electricity

The final decision on opening up Public Power Corporation?s lignite-fueled electricity generation to third parties will be made this month, Environment, Energy and Climate Change Minister Giorgos Papaconstantinou said this week.

The European Commission finished its market test and the final details will be announced this month, ?at which point we will implement it,? the minister said in an interview.

Opening up access will involve the sale of four lignite-powered plants belonging to PPC, Greece?s dominant power producer, as well as the swap of lignite-produced energy, Papaconstantinou said.

It will be accompanied by the sale of some hydro-powered plants.

[Bloomberg]