The liberalization of the natural gas retail market in Greece

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2016 (EN)
The liberalization of the natural gas retail market in Greece (EN)

Yfantidis, Theodoros (EN)

School of Science and Technology, MSc in Energy Systems (EL)
Dergiades, Theologos (EN)
Panagos, Theodoros (EN)

The current thesis explores the possible consequences of the compliance of Greek natural gas market with the European legislation, proposed by the Greek Third Bailout Package of August 2015. The transformation of the EU energy systems is largely based on t he use of gas for power production, while there is an increasing dependence on external suppliers. The new law (4336/2015) provides for the abolishment of the existing exclusive rights of the distribution companies (EPAs) to supply and operate their respec tive distribution systems. The suppl y of Eligible C ustomers by the EPAs will not be regulated in terms of prices, while it will need to comply with t he provisions of a supply licens e a nd a supply code approved by the Regulatory Authority for Energy. While the theoretical background for the liberalization includes l ow gas pri ce and c ost reduction at the companies operating on the gas market as its goals, the experience of the gas price rises in the late 2000s, after the reforms were partially or fully implemented in other EU countries, and the quick rate in which the policies p roposed have to be implemented, stand in front of the success of the measures included in the Package (EN)



Διεθνές Πανεπιστήμιο της Ελλάδος (EL)
International Hellenic University (EN)



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