The greek electricity market reforms: political and regulatory considerations

Research output: Contribution to journalArticle

4 Citations (Scopus)

Abstract

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.
LanguageEnglish
Pages1040-1047
Number of pages8
JournalEnergy Policy
Volume62
DOIs
Publication statusPublished - Nov 2013

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political reform
liberalization
electricity
Electricity
Decision making
Economics
market
Industry
European Union
decision making
Power markets
Electricity market
Liberalization
Market reform
economics
Government

Keywords

  • greece
  • greek
  • electricity
  • market reforms
  • political
  • regulatory
  • considerations
  • liberalization
  • regulatory policy

Cite this

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The greek electricity market reforms : political and regulatory considerations. / Danias, Nikolaos; Swales, John; McGregor, Peter.

In: Energy Policy, Vol. 62, 11.2013, p. 1040-1047.

Research output: Contribution to journalArticle

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