electricity costs — The Cyprus Employers and Industrialists Federation (Oev) is set to host a high-level workshop tomorrow, July 15, 2026, aimed at addressing the urgent need for reducing the cost of electricity in Cyprus.
Taking place at 14:00 at Oev’s headquarters in Nicosia, this event will bring together key figures in the energy sector. Among those participating is the Energy Minister Michalis Damianos, who will share insights on the current challenges facing the electricity market.
The focus of the workshop is to explore practical solutions that can alleviate the financial burden of electricity costs on businesses and consumers alike. With rising energy prices impacting various sectors, this initiative is seen as crucial for economic sustainability.
The comprehensive list of participants includes representatives from several key organisations, such as the Electricity Authority of Cyprus, the Cyprus Transmission System Operator, the Market Operator, and the Distribution System Operator, all of whom play vital roles in the energy landscape.
Before the workshop officially commences, both Minister Damianos and Oev president George Pantelides will deliver statements, setting the stage for discussions that are expected to influence future energy policies in Cyprus.
