What Malta’s electricity model would mean for Cyprus 

On a purchasing power basis Malta had the lowest electricity price in Europe in 2024, in contrast to Cyprus that had the second highest price. Both are small island states within the EU, with Malta having a slightly higher GDP per capita than Cyprus. 

So, what is driving this huge disparity and what can Cyprus learn from it? The main contributory factors are in descending order: 

• Use of natural gas by Malta

• Lower emissions and lower emission allowances...