RAE decides on the granting, modification and revocation of licenses for the exercise of energy activities, in accordance with the Energy Law (4001/2011), subject to the principles of transparency and equal treatment, and considering the special characteristics of applicants, consumer protection, environmental protection and ensuring conditions of competition.

RAE, when granting licenses, takes all necessary actions in order for them to be in line with the provisions of the country’s Long-Term Energy Planning, as well as with any restrictions included therein or in a binding text submitted by the Hellenic Republic to European Commission or International Organizations.

RAE monitors and controls the way the rights granted with these licenses are exercised, as well as the license holders’ compliance with the obligations.