PHAETHON Analyses Fourth Month of Competitive Electricity Market: Weather, Demand, and Price Extremes in January 2026
The Republic of Cyprus’s competitive electricity market has now completed its fourth full month of operation, offering further insight into how adverse weather conditions, seasonal demand, and renewable energy availability interact within the new market framework. The January 2026 results reveal market dynamics that were more pronounced than those observed in December, driven by low temperatures, elevated dust levels, and increased reliance on conventional generation.









