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Economy · Cyprus
SΕΠΗΕ: Positive RAEC decision seeks changes in electricity market competition.
2 sourcesFirst reported 5 days agoUpdated 5 days ago
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What all sources covered
- The Association of Electric Power Suppliers (ΣΕΠΗΕ) has characterized the decision by the Regulatory Authority for Energy of Cyprus (ΡΑΕΚ) as a positive development for the smooth operation of the Competitive Electricity Market.
- ΣΕΠΗΕ reacted to ΡΑΕΚ's decision to impose an administrative fine on the System Operator in relation to various issues affecting the electricity market.
- The association is calling for changes to be made to enhance the competitiveness of the electricity market.
- This administrative fine is seen as a step towards improving market conditions.
- ΣΕΠΗΕ's response highlights the importance of regulatory actions in ensuring market efficiency.
2 sources
Who reported first
PhilenewsFirst
Sigmalive+3h
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