Dialogos

AKEL Denounces “Energy Plunder” After Proposal Rejection

Published March 13, 2026, 12:02
AKEL Denounces “Energy Plunder” After Proposal Rejection

AKEL is denouncing “energy plunder” after its proposal to revoke licenses for photovoltaic parks that remain unused for long periods was rejected. The proposal was voted down by DISY, DIKO, and ELAM. AKEL argues that the proposal aimed to address speculation in the renewable energy sector, as licenses remain inactive for years, tying up space on the grid. It points out that the rejection favors large private investors and burdens consumers with high energy costs. The party accuses some individuals of speculation, securing low-cost licenses and reselling them at higher prices. It will continue to submit proposals to reduce energy costs and better utilize renewable energy sources.