Economy · Cyprus

Electricity Market Association meets Energy Minister on competitive market operation

4 sourcesFirst reported 2 hours agoUpdated 2 hours ago

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The smooth operation of the Competitive Electricity Market was discussed in a meeting.
The Electricity Market Association (EMA) met with the Minister of Energy, Commerce, and Industry, Michalis Damianou.
EMA President George Chrysochos led the association's delegation.
The EMA presented its positions and suggestions regarding issues affecting the market's effective operation.
The discussion focused on challenges limiting competition and the potential for lower electricity costs for consumers.

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On Tuesday, the smooth operation of the Competitive Electricity Market was the focus of a meeting between the Electricity Market Association (EMA) and the Minister of Energy, Commerce, and Industry, Michalis Damianou. The EMA delegation was led by its President, George Chrysochos.

During the meeting, the EMA presented its positions and suggestions regarding issues affecting the market's effective operation. The discussion centered on challenges that continue to limit the development of competition and the potential for achieving lower electricity prices for consumers.

According to Alpha News, the aim of the smooth operation of the Competitive Electricity Market is to benefit consumers. The meeting involved a substantive technical dialogue on the issues concerning the market.

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