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Cyprus Ranks Among EU’s Highest Electricity Prices Amid Sector Shifts

by THEFUTURE.TEAM

January 19, 2026

Overview Of The Current Energy Landscape In The EU

Cyprus has emerged as one of the ten EU countries with the highest retail electricity prices, according to recent data released by the European Commission. The findings, based on trends in natural gas and electricity markets for the second quarter of 2025, underscore significant variations across member states.

Cyprus And EU Price Comparisons

For households in Cyprus, the retail electricity price reached 309.5 euros per megawatt‐hour (equivalent to 30.9 cents per kilowatt‐hour), placing the nation at the tenth highest cost among EU countries. In contrast, the regional average was 246 euros per megawatt‐hour (24.6 cents per kilowatt‐hour). Germany topped the chart with prices of 399.6 euros per megawatt‐hour, while Hungary was noted as the most competitive at 91.8 euros.

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Comparative Analysis With Neighboring Markets

Interestingly, Greece recorded a lower retail price at 232.6 euros per megawatt‐hour during the same period, positioning it in the 19th spot and below the EU average. The European Commission’s analysis further revealed a moderate 3% increase in household electricity prices attributed to rising taxes and network costs, alongside significant country-by-country variations.

Energy Consumption Trends And Market Dynamics

The overall consumption of electricity in the EU remained largely steady with a marginal increase of 0.4% compared to the second quarter of 2024. Seventeen member states experienced a rise in consumption while others showed either stability or a decline. National demand figures for Q2 2025 were still 6% lower than pre-crisis averages from 2015 to 2019. The energy mix maintained a renewable share of 52%, unchanged from the previous year, with a slight uptick in fossil fuel contribution from 24% to 25%.

Surge In Electric Vehicle Sales

The European Commission also highlighted a significant surge in electric vehicle (EV) sales. Over 720,000 new electric passenger vehicles were sold in the EU during the second quarter of 2025—a year-on-year increase of nearly 30%. This represents a 23% market share among electric vehicles in the passenger car market, contrasting sharply with China’s 57% share and the United States’ 10% share.

Market Leaders In The Electric Mobility Sector

Sweden led the EV market with an impressive 62% of all new passenger vehicles sold being electric. Denmark (60%), Finland (54%), and the Netherlands (52%) also recorded major penetrations of electric or plug-in hybrid vehicles. Closer to home, recent data from the Cypriot Statistical Service showed a 6.2% increase in new passenger car registrations between January and December 2025. Notably, while the proportions of gasoline and diesel vehicles declined, the share of electric and hybrid models increased significantly.

These developments reflect not only a transformation in energy markets but also an evolving automotive landscape in Europe, where price dynamics and technological shifts continue to reshape consumer behaviors and national policy frameworks.

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Cyprus Ranks Among EU Leaders In Tertiary-Educated ICT Workforce

High Educational Attainment Sets Cyprus Apart

Recent data from Eurostat showed that Cyprus is expected to rank among the leading European countries for tertiary-educated ICT professionals in 2025. According to the figures, 96.4% of ICT professionals in Cyprus are projected to hold tertiary education qualifications, placing the country among the highest-ranked members of the European Union.

Gender Disparity Remains A Critical Challenge

Despite the high level of educational attainment, the ICT workforce in Cyprus continues to show a significant gender imbalance. Men are projected to account for 85.1% of ICT employees in 2025, while women are expected to represent 14.9% of the sector. In 2024, the split stood at 70.9% for men and 29.1% for women. The figures highlighted a widening gender gap within the country’s ICT workforce.

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European Union Trends And Comparative Analysis

Across the European Union, the number of ICT professionals is projected to increase to 3.4 million in 2025 from 3.2 million in 2024, representing annual growth of 5.1%. Men are expected to account for 83.4% of ICT employment across the bloc, equivalent to approximately 2.8 million workers, while women are projected to represent 16.6%.

National Performance Variability In Gender Representation

Countries within the EU show a varied landscape: the highest percentages of male ICT professionals are reported in the Czech Republic (92.9%), Slovenia (89.1%), Latvia (89.0%), Lithuania (88.9%), and Slovakia (88.4%). On the contrary, nations such as Denmark (30.0%), Sweden (29.8%), Romania (28.6%), Bulgaria (25.6%), and Croatia (25.2%) lead in female participation in the ICT arena.

Educational Background Across The European ICT Sector

Eurostat data also showed that most ICT professionals across the EU hold tertiary education qualifications. By 2025, 74.8% of ICT workers in the bloc are projected to have university-level education, while 25.2% are expected to hold secondary or post-secondary qualifications. Denmark recorded the highest share of tertiary-educated ICT professionals at 97.7%, followed by France at 96.6% and Cyprus at 96.4%. Other countries with high levels of tertiary-educated ICT workers included Ireland at 92.3%, Bulgaria at 91.1%, and Croatia at 90.9%. At the lower end of the ranking, Italy recorded 69.2%, while Portugal stood at 58.8%.

Conclusion

The data perfectly encapsulates the dual narrative in the ICT sector: while countries like Cyprus and Denmark achieve remarkable educational standards among ICT workers, persistent gender disparities remind us that diversity remains an ongoing challenge. As the ICT landscape continues to evolve, strategic policy formation and corporate governance will be pivotal in balancing excellence with inclusivity.