The delayed upgrades at the Dhekelia power station are raising concerns over rising consumer electricity costs and potential further price hikes. The aging infrastructure surpassing its life expectancy is adding financial burdens on consumers, with projected increases in electricity cuts if the upgrades continue to be postponed.
Cyprus industrial producer prices dropped by 3.0% in February 2024 compared to the previous year, with the electricity supply sector seeing a stark 13.6% decrease. This decline reflects economic trends and inflationary pressures within the industrial sector, showcasing the interconnectedness of different industries within the economy.
The Forestry Department of Cyprus has accused the Electricity Authority of Cyprus (EAC) of being responsible for the summer wildfires in Paphos forest and Palaichori area due to inadequate maintenance and the use of outdated uninsulated wires. The director of the Forestry Department plans to take legal action, emphasizing the need to treat these incidents as criminal cases and highlighting the dangers posed by the EAC’s practices.
