CyTA cleared to enter renewables market amid competition fears

The Cyprus Telecommunications Authority (CyTA) got the green light on Thursday to operate in the energy sector, though it remained an open question whether the semi-governmental organisation will compete or collude with the Electricity Authority which up until now dominated the space.

By a majority vote, the House approved a bill allowing CyTA to expand its activities into the energy sector – specifically renewables.

An amendment tabled by Disy, which also passed, makes explicit...