Lowering electricity costs remains at the heart of the Cypriot government’s agenda, with President Nikos Christodoulides describing energy reform as the administration’s most urgent challenge despite recent measures aimed at easing pressure on households.
Speaking during an interview with ANT1, the president said reducing electricity prices continues to be the government’s immediate focus, while broader reforms are centred on expanding renewable energy generation and strengthening the country’s energy infrastructure.
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Renewables And Storage
According to Christodoulides, Cyprus has increased the share of renewable energy in its electricity mix from around 17–18% when his administration took office to approximately 25–26%. While describing the progress as encouraging, he argued that significantly higher levels will be needed in the coming years.
A key priority, he said, is expanding energy storage capacity, which would allow renewable electricity to be stored more efficiently and improve the stability of the national grid. The first storage systems are expected to begin operating this year.
Pension Reform Moves Forward
Beyond energy, the government is also preparing legislation to overhaul the pension system. Christodoulides said discussions between the Ministries of Labour and Finance are nearing completion, with the proposed reform expected to increase lower pensions by between €250 and €300, depending on the category.
He also urged Parliament to move quickly once the legislation is submitted so that beneficiaries do not face unnecessary delays.
No Decision Yet On 2028
The president declined to confirm whether he intends to seek a second term, saying he will decide during 2027 after assessing the government’s progress in delivering its programme.
Rejecting claims that his administration has already shifted into election mode, Christodoulides said his priority remains implementing reforms rather than preparing for the next presidential race.
Defending The Government’s Record
The interview also touched on corruption, crisis management and cooperation with Parliament. Christodoulides argued that strengthening the Independent Anti-Corruption Authority demonstrates the government’s commitment to improving transparency, while pointing to changes introduced after last year’s wildfires and the drone incident at the British Bases as examples of lessons that have strengthened Cyprus’ emergency response systems.
