and better prices for households and enter-
prises; and
• securing energy supplies, differentiating the
energy mix, and further increasing the share of
RES.
In this context, Mr. Stathakis said that the agree-
ment between LAGIE and the Hellenic
Exchanges Group for the creation of an Energy
Exchange, which will provide “a new impetus to
the energy market” and is expected to launch
operations in mid-2018, is “very important”.
Moreover, Mr. Filippou stated his belief that the
partnership between that LAGIE and the Hellenic
Exchanges Group will be productive. The actual
aim of this partnership is, as Mr. Filippou said, to
organise the new electricity markets in a manner
that ensures transaction security, liquidity for the
among the agencies involved in the project took
place in early February at the headquarters of the
Regulatory Authority for Energy (RAE), with all
parties expressing their commitment to coordinat-
ed and targeted action. The texts of the Codes
and technical requirements are expected to be
complete by this autumn, together with the stud-
ies concerning other reforms in the electricity
market. Given all the above, said the Minister, the
transition to the Target Model will take place in
mid-2018.
The Minister stressed that the restructuring of the
electricity market will have multiple benefits, as it
aims at:
• coupling the Greek market with other
European markets;
• enhancing competition and transparency,
directly ensuring the reduction of energy costs
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