President happy with work on aggressive electrical energy market

President of Cyprus Nicos Anastasiades is happy with the timetable as regards the opening of the aggressive electrical energy market, set to function within the Fall of 2022, based on a written assertion by Deputy Authorities Spokesperson Niovi Parisinou, following a gathering the President had Monday with Power Minister, Εnergy System Operator Head, Cyprus Power Regulatory Authority (CERA) Board and different officers.

Through the assembly all contributors agreed that works transfer forward based on plan and it was identified that the federal government is decided to take all the required actions, so that there’s a easy opening of the electrical energy marketplace for the advantage of customers.

The venture of putting in the Administration System of the Aggressive Electrical energy Market is included within the Restoration and Sustainability Plan with a funding of 4.7 million euro.

The President of the Republic praised the superb cooperation between the Cyprus Transmission System Operator, CERA and the Electrical energy Authority.