5 Minute News

Collaboration Between EAC and Cyta in the Energy Sector

February 3, 2026

The Electricity Authority of Cyprus (EAC) has proposed collaboration with Cyta to strengthen competitiveness in the energy sector. EAC Chairman Georgios Petrou emphasizes that cooperation is needed to offer better prices to consumers. Cyta has expressed concerns about possible regulatory issues that may arise from an exclusive partnership. Both organizations understand that collaboration could yield benefits, but they call for appropriate regulatory support. The proposal aims to expand into energy sectors and enhance their services.