PEO labor union meets with new EAC chairman to discuss energy strategy

On September 23, 2026, a delegation from the PEO labor union, led by General Secretary Sotiroula Charalambous, met with the new Chairman of the Electricity Authority of Cyprus (EAC) board, Loizos Loizou. The meeting focused on the organization's strategic role in the energy sector, emphasizing the necessity of bolstering the EAC's function for the benefit of the economy, society, and employees.

During the discussions, the PEO representatives highlighted several urgent objectives, including accelerating the EAC's transition to renewable energy sources to lower costs for consumers. The union also advocated for the modernization and upgrade of the Dhekelia power plant to ensure systemic adequacy and stability. Furthermore, the parties discussed the digitalization of network infrastructure to facilitate the integration of green energy and prevent power curtailments. The PEO emphasized that the EAC must prepare to operate effectively within the upcoming competitive electricity market, while also addressing the ongoing requirements for the arrival of natural gas to the island.

The meeting underscored the labor union's ongoing support for the EAC's public utility role. As the organization faces energy transition challenges, both parties acknowledged the importance of operational improvements to maintain grid reliability.