The Hellenic Electricity Distribution Network Operator S.A.(HEDNO) is a Societe Anonyme, subsidiary of PPC S.A. which is the only (100%) owner. It was formed according to L.4001/2011 and in compliance with 2009/72/EC EU Directive and it is incorporated into the Greek Law.
The above mentioned Directive imposes the legal and operational separation of the Transmission and Distribution activities from vertically integrated companies such as PPC S.A.
- HEDNO S.A. be the Operator of the Hellenic Electricity Distribution Network (HEDN) having received the equivalent Management Permit from RAE. The necessary means are defined in this Permit for the assurance of the independence, integrity and non-discriminative behavior of HEDNO S.A. towards all Network users.
- PPC S.A., already granted with the relevant Exclusivity Permit, retains the ownership of the Hellenic Electricity Distribution Network (HEDN).
THE OPERATOR COMPETENCES FOR THE HEDN
HEDNO S.A. is responsible for the development, operation and maintenance, under economically advantageous terms of the HEDN so as to assure reliable, efficient and safe operation as well as its long-term capability to respond to the reasonable needs of the electricity caring for the protection of the environment and the energy efficiency. Also, it is responsible for the assurance of the users’ access to HEDN with the most economical, transparent, immediate and impartial way, so as to execute their activities according to Management Permit and the Management Code of HEDN.
HEDNO S.A. COMPETENCES REGARDING THE NON-INTERCONNECTED ISLANDS OPERATION
The management of the non-interconnected islands electricity systems includes not only the Network management but also the management of the production and operation of the electricity systems market of these islands. For this activity, HEDNO S.A. is obliged to receive a Management permit for the Electricity systems of the non-interconnected islands granted by RAE. This Permit defines, amongst others, HEDNO S.A. obligations and rights concerning this activity, the terms and conditions required for its implementation, as well as the necessary means for the impartial and non-discriminative behavior of HEDNO S.A. towards Producers and Suppliers.