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Challenges for a compliance officer in the liberalized EU energy market: A case study on the Greek gas transmission system operator

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  • Amoiralis, Eleftherios I.
  • Andriosopoulos, Kostas

Abstract

Under the Third Energy Package Directives 2009/72/EC and 2009/73/EC, European energy networks are subject to unbundling requirements which oblige Member States to ensure the separation of vertically integrated energy companies, resulting in division of the various stages of energy supply (generation, distribution, transmission and supply). This paper addresses the challenges that a regulatory compliance officer faces in line with the Third Package provisions. The focus is on the application of the rules on the unbundling independent transmission operator (ITO) model. The present document highlights the Compliance Officer's practice in dealing with certain aspects of the rules on unbundling of Transmission System Operators (TSOs), as laid down in the Gas Directives, such as developing an Effective Compliance Monitoring Program, and setting out practical rules to be observed by staff in relation to non-discrimination, transparency and the handling of confidential information. As a case study, this experience from the Greek Gas TSO, i.e. the Hellenic Gas Transmission System Operator (DESFA), is presented.

Suggested Citation

  • Amoiralis, Eleftherios I. & Andriosopoulos, Kostas, 2017. "Challenges for a compliance officer in the liberalized EU energy market: A case study on the Greek gas transmission system operator," Energy Policy, Elsevier, vol. 110(C), pages 117-125.
    • Handle: RePEc:eee:enepol:v:110:y:2017:i:c:p:117-125
    DOI: 10.1016/j.enpol.2017.08.011
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    2. Charis Vlados & Dimos Chatzinikolaou & Foteini Kapaltzoglou, 2021. "Energy Market Liberalisation in Greece: Structures, Policy and Prospects," International Journal of Energy Economics and Policy, Econjournals, vol. 11(2), pages 115-126.
    3. Rafael Robina-Ramírez & M. Isabel Sánchez-Hernández & Carlos Díaz-Caro, 2021. "Hotel manager perceptions about corporate compliance in the tourism industry: an empirical regional case study in Spain," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 25(2), pages 627-654, June.
    4. Madžarević, Aleksandar & Ivezić, Dejan & Živković, Marija & Tanasijević, Miloš & Ivić, Milica, 2018. "Assessment of vulnerability of natural gas supply in Serbia: State and perspective," Energy Policy, Elsevier, vol. 121(C), pages 415-425.
    5. Rafael Robina Ramírez & Pedro R. Palos-Sánchez, 2018. "Environmental Firms’ Better Attitude towards Nature in the Context of Corporate Compliance," Sustainability, MDPI, vol. 10(9), pages 1-21, September.

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