Greece Shifts toward New Stable 'Red' Power Tariffs
Greece's Regulatory Authority for Waste, Energy and Water (RAAEY) is entering the final stretch of drafting a new framework that will pave the way for a fresh category of flexible "red" electricity tariffs, alongside broader reforms in the retail power market. The regulatory decision is due by the end of Nov., meaning that from Dec. the existing color-coded system will expand to include fixed-rate products with predefined contract durations. These new plans will be shielded from wholesale market volatility, offering consumers greater security and predictability. Like the existing "blue" fixed-rate tariffs, the upcoming "red" tariffs are expected to remain an attractive refuge for households unsettled by the sharp swings in wholesale electricity prices over the past three months-fluctuations that have mostly affected "green" variable-rate products. Unsurprisingly, more consumers are turning to stability: households on fixed tariffs...
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Greece's Regulatory Authority for Waste, Energy and Water (RAAEY) is entering the final stretch of drafting a new framework that will pave the way for a fresh category of flexible "red" electricity tariffs, alongside broader reforms in the retail power market. The regulatory decision is due by the end of Nov., meaning that from Dec. the existing color-coded system...
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