(ANSAmed) - ATHENS, MARCH 6 - Hellenic Electricity market
operator LAGIE said in its latest report on Tuesday than the
faster-than-expected induction of new photovoltaics to the grid
will create a bigger-than-expected deficit in the power market
by the end of 2014. Daily Kathimerin reportes that LAGIE said
that, by February 15, total photovoltaic capacity had reached
1,836 MW, which was even higher than the projected target for
2014, and 296 MW of which was installed since the start of the
year. LAGIE said that this will create an extra shortfall of 400
million euros, taking its total deficit by the end of next year
to 1.3 billion euros. The Environment and Energy Ministry is
understood to be watching the situation closely, especially
given the forthcoming privatization of the Public Gas
Corporation (DEPA) and concerns that the new owners might seek
to immediately collect the 400 million it is owed.(ANSAmed).
