Energy

MEP Fidias Panayiotou’s initiative to reduce electricity prices by 20 per cent has sparked intense public debate. The government, professional bodies, and market stakeholders quickly disputed his calculations, particularly regarding ...

The government is “in talks with energy giants” over the allocation of the rights to research and drill for natural gas in blocks of Cyprus’ exclusive economic zone (EEZ) which ...

Energy Minister Michael Damianos will travel to Thessaloniki on Friday, September 4, to take part in the 10th Southeast Europe Energy Forum, where he is expected to highlight Cyprus’ role in ...

In a letter published on Thursday, the leader of opposition Akel has asked the finance minister how the entry of a French asset management firm in the Great Sea Interconnector (...

Dr Andreas Procopiou In Cyprus’ public debate on energy, the lack of well documented information is widespread. Here we always back our claims with official data, because energy literacy is ...

The reduction in fuel consumption tax will be extended for another one or two months, Finance Minister Makis Keravnos said on Tuesday, as the government moves to maintain relief at ...

Oil prices gained on ​Tuesday as the resumption of fighting between the US and Iran in the Middle East ‌renewed fears of supply disruptions from the world’s key crude-producing ...

Egypt’s gas sector is running short of domestic supplies just as Cyprus prepares to become a producer, with the recently approved Kronos project offering benefits to both countries and ...

The Electricity Authority (EAC) on Thursday hit back at reports that it’s blocking the operation of a key infrastructure of a private power station located near its own Vasiliko ...

The electricity authority plans to build new electricity storage capacity both at the Dhekelia power station and at the Moni power station, with the aim of limiting the extent to ...

Petrol and diesel prices in Cyprus have risen by less than the European Union average, with the difference ranging from two to eight cents per litre, the Consumer Protection Service (...

Owners of commercial solar parks on Monday took to task the leader of the Direct Democracy party Fidias Panayiotou, who claimed businesses could slash their prices by as much as 20 ...

Greek Prime Minister Kyriakos Mitsotakis welcomed an agreement for French asset management firm Meridiam to become the majority shareholder in the company behind the Great Sea Interconnector (GSI), saying the ...

Researchers are using Malta’s harsh weather conditions to test solar panels on the ground, train technicians and develop tools that could help keep panels running longer across Europe. By ...

Cyprus fuel price growth slows sharply to 9.9 per cent in July Cyprus recorded a sharp slowdown in annual fuel price growth in July 2026, with prices for fuels and lubricants for ...

Cyprus must look beyond the immediate public cost of the Great Sea Interconnector (GSI) and consider whether the project can transform the country from an electrically isolated island into an ...

The surge in energy prices following Russia’s invasion of Ukraine significantly reduced bank lending to energy-intensive companies, according to an ECB working paper, with the study concluding that firms ...

‘I’m not against the project. I want it to make sense’ Amid the hype over the Great Sea Interconnector, following the entry of French asset management firm Meridiam, one ...

Retail fuel prices have surged across the euro area in 2026 following the outbreak of the conflict in the Middle East, driving up energy inflation and prompting fresh analysis from European ...

The share of coal in total EU electricity production fell to a historic low of 9.2 per cent in 2025, according to official data released by Eurostat on Thursday. The figures mark ...

The cost of filling a 1,000-litre heating oil tank in Cyprus has risen by almost €500 since March, prompting fresh questions over whether retail fuel prices are being properly monitored.  The ...

A bipartisan group of US lawmakers has called on Secretary of State Marco Rubio and US International Development Finance Corporation (DFC) chief executive Ben Black to make the Great Sea ...

Electricity demand is being fully met and has begun to decline in recent days as temperatures ease, according to the Cyprus Transmission System Operator (TSO). Assistant director of the TSO’...

The Great Sea Interconnector (GSI) has entered a new phase. The recent decision by French infrastructure investor Meridiam to become the project’s 66 per cent majority shareholder has renewed confidence ...