Greek Parliament to Vote on Electricity Market Reform Bill on Tuesday

The Greek Parliament's plenary session will consider the electricity market regulation bill on Tuesday, November 10, 2026. The legislation comes from the Ministry of Environment and Energy and incorporates European Union Directive 2024/1711 of June 13, 2024, which amends Directives 2018/2001 and 2019/944.

The Production and Trade Committee completed its review of the bill on Monday evening, November 9, 2026. Ministry officials stated that the bill regulates consumer protection issues in the electricity market and introduces stricter rules for greater transparency.

“The new provision does not remove but adds an additional level of protection for consumers, while for vulnerable categories the enhanced existing protective framework is not touched at all and remains as is.”

Article 6 establishes freedom of supplier choice and protects customers from power disconnections while complaints or out-of-court dispute resolutions are pending. Article 7 imposes a legal obligation on suppliers to offer fixed-price tariffs and dynamic pricing contracts.

Article 8 requires suppliers to manage risk within their organization so that any lack of risk compensation is not passed on to consumers. Article 9 strengthens the framework for the supplier of last resort, allowing consumers to remain there for at least six months.

Article 57 reduces the unit charge for common services by 50 percent for household consumers in the first consumption bracket. Deputy Minister Nikos Tsafos also referred to the Decarbonization Fund and the goal of reducing island dependence on oil-based electricity generation while improving the tourism product.

The European Investment Bank plays a role in managing these funds due to its technical expertise, according to Tsafos. Environment and Energy Minister Stamatis Papastavrou and Deputy Minister Nikos Tsafos stated that the enhanced existing protective framework for vulnerable categories remains untouched.