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Greece: DESFA and RAAEY disagree on Revythoussa cost coverage rate

Greek gas network operator DESFA and the Regulatory Authority for Waste, Energy and Water RAAEY, disagree on how the cost of running the transmission operator’s LNG terminal at Revythoussa should be distributed for 2025.

DESFA insists on the need to maintain a 50 percent cost coverage rate through surcharges paid by consumers, while RAEEY wants this surcharge eliminated, based on the transmission system operator’s approved Allowed Revenue plan concerning 2024 to 2027, energypress sources have informed.

RAAEY aims to approve the Revythoussa LNG facility’s new usage tariffs by July 2. These tariffs will serve as a basis for auctions concerning Revythoussa slots next year.

DESFA has submitted a related study supporting its view that the socialization rate for cost coverage of the LNG facility should remain at 50 percent.

According to RAAEY, the Revythoussa LNG facility does not face the risk of failing to fully recover its operating costs without the socialization rate.

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