Changes in Energy Policy and the Functioning of the Electricity Market
June 1, 2025
Significant policy changes are taking place in the energy sector under Christodoulides' government. The Regulatory Authority for Energy has initiated the commercial operation of the electricity market, marking the end of a decade-long period of delays. Private enterprises are heavily impacted by this change, raising concerns about the actual functioning of competition. Additionally, the government is linking subsidies for green energy storage to predetermined sales prices, aiming for broader benefits for consumers.