Guarantee Submission for the period “October 2014 – March 2015”

All Participants are required to provide adequate guarantees for the period “October 2014 – March 2015” until the 30^th of September 2014. The obligation to provide guarantees can be fulfilled either by submitting a letter of guarantee or by  depositing cash into a special bank account of ADMIE or in any other lawful way to which ADMIE consents. Details on how to submit the required guarantees can be found in the following link: http://www.admie.gr/en/operations-data/settlement/market-participation-guarantees/ Participants with charges in the semester February 2014 – July 2014 will receive statements with the calculation of the guarantee amount. All holders of supply license who want to participate in the Greek Electricity Market are obliged to submit a guarantee of at least 90.000€ at least two days before the day they plan to participate. All holders of trading license who want to participate in the Greek Electricity Market are obliged to submit a guarantee of at least 40.000€ at least two days before the day they plan to participate.