Cyprus' Energy Minister Michael Damianou has confirmed that the Electricity Authority of Cyprus (EAC) will remain the cornerstone of the island's energy transition.
The minister emphasized the need for sustained investments in electricity networks, energy storage systems, and conventional generation to ensure grid stability as renewable capacity expands.
The statement reinforces the government's commitment to a structured approach to decarbonization, balancing the integration of intermittent renewable sources with reliable baseload power.
Damianou highlighted that the EAC's operational mandate is critical for coordinating these infrastructure upgrades and maintaining security of supply.
This policy clarification comes as Cyprus accelerates its grid modernization efforts.
The government has previously outlined ambitious targets to install several hundred megawatts of energy storage capacity by the end of 2027.