Destabilization of Pražská plynárenská: According to the opposition, the city and management are responsible for it
PPAS is one of the largest domestic suppliers of energy, gas and electricity and supplies approximately 425,000 consumption points. Its sole shareholder is Pražská plynárenská Holding, controlled by Prague.
According to the opposition, the company made the mistake of not asking the Energy Regulatory Office (ERO) after the termination of Bohemia Energy’s activities due to the arrival of customers in the supplier’s last resort regime to set maximum prices. If she did, she could claim the difference between the price of buying and selling, according to the opposition, after Bohemia Energy. “Why didn’t she do it? We think it’s from some inexperience,” said opposition councilor Radomír Nepil (YES).
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According to the opposition, the second mistake was that the company did not increase gas customers’ prices. According to the opposition representative and the mayor of Prague 9, Tomáš Portlík (ODS), the company should have reacted to the increase in prices on the stock exchange last year. “At the same time, she was warned about it. She would not have to go up more expensive and ask for two billion crowns,” Portlík said. According to him, the decision was the fear of rising prices a year before the election. Now there is a risk that the company will accept clients with a negative margin, says Portlík.
Martin Pacovský, Chairman of the PPAS Board of Directors, rejected the criticism. “We became more expensive on the market. We had bought more gas than we sold,” Pacovský told ČTK on Thursday. According to the company, natural gas prices have increased tenfold and other costs are significantly higher, such as guarantees from the market operator OTE. According to the company, securing supplies for the next winter period will be significantly more expensive.
Extreme rise in energy prices
Due to the extreme rise in energy prices on wholesale markets, about twenty suppliers have closed in the Czech Republic since last autumn. The largest of them, the Bohemia Energy group, closed in mid-October. It had about 900,000 customers. The situation continues war in Ukraine In the EU, a number of weeks of applications to disrupt Russian oil and gas supplies.
Today’s decision on the two billion loan makes the opposition conditional on the derivation of responsibility. According to MP and deputy Patrik Nacher (YES), the responsibility lies with Mayor Zdeněk Hřib (Pirates) and the Supervisory Board. “I will not vote for two billion unless I see political responsibility because it has changed PPAS leadership,” Nacher said. “The coalition (Pirates, Prague to Myself and the United Forces for Prague) has destabilized society (PPAS),” said Portlík.
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At the same time, ODS and ANO will demand an investigation into the functioning of the company and an outline of how the two billion crowns will be used. However, the opposition says it does not want to let the company down. “But it is also impossible to give a blank check for two billion,” Nepil added.