Bulgaria: Alpiq and Greek PPC target SEE electricity trading market

8. June 2015. / SEE Energy News

Greek state power utility PCC targets the regional SEE electricity trading market. Together with Alpiq PPC eyes perspective SEE market. Its expansion is projected from Bulgaria.

PPC intends to import, export and transit electricity on Bulgarian territory from and to Romania, Serbia, Macedonia, Turkey and Greece, writes the report from Bulgaria’s Energy and Water Regulatory Commission (EWRC).

Greek state power company PPC (Public Power Corporation S. A.) has covered the requirements for obtaining a license for electricity trading in Bulgaria. A public hearing of the results of a regulatory report is scheduled for June 4.

PPC has established a Bulgarian subsidiary in 2014, in which PPC and Swiss company Alpiq are stakeholders. The Greek company has also concluded a Service Level Agreement with Alpiq and will rent a part of Alpiq’s Sofia office and use its IT platform for power trading.

PPC Bulgaria intends to conclude deals on the power exchange in the country, but its main deals will be finalized in offices of Alpiq Group In South Eastern Europe for PPC in Greece. PCC intends to import, export and transit electricity on Bulgarian territory from and to Romania, Serbia, Macedonia, Turkey and Greece, the report by Bulgaria’s Energy and Water Regulatory Commission (EWRC) says.

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