EAC workers to stage 8-hour strike
The Electricity Authority of Cyprus (EAC) employees will stage an eight-hour on Thursday, unions announced on Tuesday. The work stoppage will last from 7am until...
Electricity Authority of Cyprus
Investors warn of government, union collusion to ditch power market liberalisation
By Stelios Orphanides A business group representing investors in power generation and supply warned the government not to give in to union demands to ditch...
The wind vs sun debate cloudier than you think
New technologies and plunging installation costs should mean an extension of wind and solar power production, but developments depend on the government which has committed...
Privatisation budget cut by parliament a ‘costly, outdated’ practice
PARLIAMENT’S decision to vote down the funds earmarked for consultancy services by the government’s privatisation unit on Wednesday is a costly and outdated practice that may...
Our View: Too much noise over delay in freeing up electricity
THE chairman of the House energy committee, Angelos Votsis, reportedly was livid when he heard at a Tuesday meeting that it would take another three...
Part of Nicosia without electricity
Some residents in the capital Nicosia have been left without electricity due to a power outage in the Ayios Dhometios area until the electricity authority...
EAC unions briefing staff on April strike
Electricity Authority of Cyprus (EAC) unions were on Thursday briefing employees across the country on the scheduled strike planned for April 6. The strike is...
Unviable Vitol gas offer scrapped for good (Updated)
The rejection of Vitol’s bid to supply the island with natural gas for electricity generation was “hardly surprising”, a source has told the Cyprus Mail....
EAC supply to Turkish Cypriots due to end Thursday
The Electricity Authority of Cyprus will continue to supply the north with electricity until Thursday, according to a second agreement between the EAC and a natural...
EAC to stay in state hands
By Andria Kades A BILL allowing the Electricity Authority of Cyprus (EAC) to remain in state hands will head to the Cabinet on Monday after...
Lakkotrypis confident of allaying EAC staff fears
By Elias Hazou ENERGY Minister Giorgos Lakkotrypis said on Monday he was confident that the government’s proposal for the future of the EAC would allay...
Electricity bills down 4.5 per cent as of November
The Electricity Authority of Cyprus (EAC) announced a 4.5 per cent drop in the price of electricity on Thursday that will be applied to November...
EAC’s €244.3m actuarial gap dwarfs 2014 profits
By Stelios Orphanides State-owned power producer Electricity Authority of Cyprus (EAC) said the re-measurement of its pension-plan obligations generated a €244.3m gap, which more than...
Our View: Holding on to EAC, for all the wrong reasons
ELECTRICITY Authority of Cyprus (EAC) unions went of the offensive as soon as the study about the future structure and ownership of the power company,...
EAC unions call on MPs to speed up interim report
Employee unions at the Electricity Authority of Cyprus (EAC) have implored the House commerce committee to engage in public consultation with them over the findings...
The EAC and Dr Jekyll and Mr Hyde
By Iacovos Constantinou There has been a lot of talk in recent months about the wisdom of privatising the semi-government organisations. Two separate recent experiences...
How is electricity produced (video)
The exact process by which electricity is produced is probably a mystery to most people. We visited the EAC’s power station at Vasilikos – by...
EAC unions back down on strikes
By Elias Hazou TRADE unions of the Electricity Authority of Cyprus (EAC) on Thursday said they were suspending industrial action as a goodwill gesture, but...
Unions warn against reform of electricity sector
By Angelos Anastasiou THE government is unilaterally trying to weaken, dissect and break up the semi-governmental Electricity Authority of Cyprus, which will cause the collapse...
EAC in street light controversy
By Constantinos Psillides ELECTRICITY Authority of Cyprus (EAC) is embroiled in yet another Auditor General probe, after his office received a complaint by a Chinese...