
It is now official. The commercial operation of Cyprus’ Competitive Electricity Market commences on September 15, with the first trading day on October 1.
It took an inordinate length of time to get there, but already there are doubts about how appropriate the adopted ‘target model’ is to Cyprus’ conditions. It will be 4.75 years since the first announcement in January 2021 to actual implementation.
In a target electricity market