Developments in the energy sector create huge risks for the future of the Cyprus Electricity Authority, another semi-sovereign organisation threatened by large private interests, says AKEL.
As George Koukoumas says, RAEK's initial proposal to exclude AEK from renewable energy production and storage projects is leading the Authority to collapse. With this course, instead of consumers benefiting from the reduction of electricity costs, some big businessmen who multiply their excess profits benefit.
He stresses that AKEL had sounded the alarm in good time. "For months, we have been putting forward positions and proposals to both the President of the Republic and the Minister of Energy on energy issues and in particular on the situation facing AEK. For months, we have been asking the government to take measures to ensure that AEK fulfils its role. We have asked for tenders for renewable energy and storage systems to be put out to tender, with no exclusions on participation for AHK. But the government is not taking action, and for this it owes an explanation. We recall that the attempt to serve large private interests in this sector is recorded in relevant observations of the Auditor General."
It stresses that the attempted exclusion of AEK from renewable energy projects constitutes a direct undermining of AEK.
"It is not only the viability and future of the Agency that is at stake, but the interests of the entire Cypriot people, who pay double and triple the profits of large private interests in the energy sector," it concludes.
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