EU grids package offers Cyprus way out of energy isolation

The European Union’s new European Grids Package offers Cyprus a practical roadmap to escape energy isolation, cut electricity costs and curb wasted solar power if it is implemented decisively, according to former Cyprus Energy Regulatory Authority chairman Andreas Poullikkas.

“The European Grids Package is a comprehensive reform package for how Europe plans, licenses, finances and operates its electricity networks,” Poullikkas said, explaining that it spans everything from transmission systems to distribution grids.