Policy status:Planned
Date Effective:2006
Policy Type:Policy Support>Strategic planning
Policy Target:Framework/ Multi-sectoral Policy
Agency:Regulatory Authority for Energy
Description:In June 2006, the Greek energy authority opened a tender call for "Evaluation of the Long Term Impact of Regulatory Policies by Developing an Integrated Energy-Economy-Environment Model for Greece." Development of such a support tool, the Greek government seeks to better regulate efficient energy transmission and consumption and prepare the Greek economy for fossil energy scarcity and climate change. Central to the model is an environmental policy scenario, which will assume that climate change and subsequently the reduction of greenhouse emissions pertaining to fossil fuel usage becomes a major problem and affects energy system developments. It will be presumed that in the field of energy consumption as well as in that of energy generation, entrepreneurial and consumer behavior alike take into consideration the reduction of the total fossil fuel emissions. The model will thus ensure that the behavior of suppliers and consumers is correlates with general equilibrium theory. As a consequence, this scenario will correspond to the optimal allocation of the general environmental constraint both to the energy consumers and energy suppliers.

Last modified: Tue, 17 Jul 2012 14:47:22 CEST