Greece proposes new "red" electricity tariff

Greece's energy regulator proposes a new "red" electricity tariff for products not tied to wholesale market prices. This expansion aims to encourage diverse energy supply contracts, boosting competition and consumer choice without compromising transparency. The "red" tariff would apply to flexible products with pre-set charges influenced by factors like consumption patterns. These flexible tariffs may include early termination fees and discounts, with contract terms generally fixed for at least twelve months.