Electricity prices in Cyprus

Question for written answer E-002232/2024
to the Commission
Rule 144
Giorgos Georgiou (The Left)

Cyprus is the only Member State that remains condemned to energy isolation as it is cut off from all EU energy networks and cannot fulfil the objectives of the green transition. As a result, electricity prices in Cyprus are constantly rising, leaving much of the population mired in energy poverty. According to data from the European statistics service, Cyprus has the second highest electricity prices in Europe. Of those in the EU who are at risk of poverty or social exclusion, 35 % said they live in accommodation that is not comfortably warm in the winter.

In view of the above:

• 1.What measures does the Commission plan to put forward so that the problem of high electricity prices across the EU can be resolved?
• 2.What short-term measures will it take to address the problem, in Cyprus in particular (e.g. VAT reduction)?
• 3.Will it support the proposal for the establishment of an emergency mechanism for recovering the excessive profits of energy producers and suppliers?

Submitted: 23.10.2024