AKEL expresses concerns over the Great Sea Interconnector energy project

On November 12, 2026, the General Secretary of AKEL, Stefanos Stefanou, met with a delegation from the Cyprus Energy Regulatory Authority (CERA) to discuss critical challenges regarding the country's electricity sector. The discussion focused on energy security, high electricity prices, and outstanding issues surrounding the Greece-Cyprus Great Sea Interconnector (GSI) project.

Stefanou expressed significant skepticism regarding the project's current status, noting that critical parameters remain unresolved, including the total project cost, construction timelines, and the ultimate financial burden on consumers. He questioned how final decisions could be made while these uncertainties persist, emphasizing the risk that the state might incur significant expenses without the project ultimately being completed.

Stefanou criticized both the current and previous governments, citing historical inaction and a lack of clear answers regarding the island's energy strategy. He argued that the lack of proactive decision-making has jeopardized both the availability of electricity and affordability for the public. The issues raised by AKEL remain ongoing points of contention as the government continues to provide vague responses to inquiries regarding the future of the power grid and the interconnector.