Home News Energy supply corruption probe – PM complains that EDP ‘turned nasty’ when he came into power

Energy supply corruption probe – PM complains that EDP ‘turned nasty’ when he came into power

Published on 08/06/2017

Excessive payments to EDP were discussed in parliament today, the veteran communist leader, Jerónimo de Sousa, calling on the Socialist Government to end EDP’s “excessive revenues” and use the money to invest in better public transport.

In the fortnightly parliamentary debate with the Prime Minister, the secretary general of the Communist Party said “why must consumers pay these millions of profits for the big energy companies by paying for the most expensive electricity in Europe,” referring to the latest row over the hideously complex Power Acquisition Contracts and Costs to Maintain Contractual Equilibrium (CMEC) which electricity consumers have been paying for since market deregulation.

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