In a written answer on 9 July 2026, Energy Commissioner Dan Jørgenson rebuffed calls for a European Commission investigation into alleged distortions and concentration in the Greek electricity market, instead deferring to national competition and regulatory authorities. The response, addressed to MEP Maria Zacharia (NI), signals that the Commission sees no grounds for EU-level action at this stage, leaving Greek consumers and businesses exposed to what critics describe as an oligopolistic market structure.
The answer comes in reply to a parliamentary question that raised concerns over persistently high electricity prices for households, businesses and farmers, limited competition, production cuts during low-price hours, and exports that socialise costs. Zacharia had asked whether the Commission would request data from Greek authorities, assess compliance with REMIT and competition rules, and launch investigative procedures.
Jørgenson stated that the Commission has no indications of non-compliance with EU electricity legislation and therefore does not intend to seek information from Greek authorities. He noted that the Hellenic Competition Commission (HCC) is already investigating the sector under EU and national competition rules, and that the Commission will not open its own investigation in line with European Competition Network case allocation rules. On market integrity, he emphasised that enforcement of REMIT lies primarily with national regulatory authorities, with ACER only stepping in for cross-border cases.
The answer contains no concrete proposals, numerical targets, or deadlines. It is a declarative statement reaffirming the existing division of competences between EU and national bodies. The policy orientation is one of restraint: the Commission prioritises subsidiarity and relies on existing national enforcement mechanisms rather than centralised intervention.
Institutional follow-up is unlikely in the near term unless the HCC or ACER identifies cross-border irregularities. The answer effectively closes the door to a formal EU probe, shifting the burden of proof onto Greek authorities and complainants to demonstrate that national remedies are insufficient. For Greek consumers and industrial users, the response offers no immediate relief from high prices or alleged market manipulation.