POLAND EU COMPETITION INQUIRY POWER PURCHASE AGREEMENTS
November 1st, 2005
BY KEITH NUTHALLTHE EUROPEAN Commission has opened another formal state aid investigation into long-term power purchase agreements (PPAs), this time those struck by Polish state-owned network operator Polskie Sieci Energetyczne (PSE) with power generators. The inquiry follows the launch of a similar probe into purchase agreements in Hungary. Similarly, the Polish agreements say PSE must buy a fixed quantity of electricity at a fixed price, guaranteeing investment returns. Because they cover around 50% of Poland's power market, the Commission fears this leaves ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.