Economy · Cyprus

Damianos aims for comprehensive approach on EU electricity network package

4 sourcesFirst reported 26 days agoUpdated 26 days ago

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Mihalis Damianos expresses optimism for consensus among EU Energy Ministers today.
The electricity grid package is seen as a priority for strengthening European energy networks.
Discussions will also address energy supply adequacy for the upcoming summer and winter.
Damianos noted previous discussions on energy supply challenges and lessons from recent crises.
He confirmed discussions are ongoing regarding the implications for cross-border network planning.

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Mihalis Damianou, the Minister of Energy, Commerce, and Industry of Cyprus, expressed optimism about reaching a general approach regarding the EU's electricity grid package during the recent Energy Ministers' Council. His comments were made prior to a meeting where energy ministers from EU member states were set to discuss the measures aimed at enhancing electrical networks within the region.

Damianou noted that he acknowledged the concerns raised by 12 member states regarding potential disruptions to the supply of methane, which may necessitate targeted amendments to existing regulations. His emphasis on collaboration suggests a focus on addressing these supply issues while pursuing the overarching goal of improving the electrical grid framework. The discussions at the council are part of ongoing efforts to modernize and secure the energy infrastructure across Europe.

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