Energy

Energy Minister Michalis Damianos outlined his ministry’s 2025 achievements and priorities for 2026, while acknowledging ongoing uncertainty surrounding the delayed Vasiliko natural gas project. Speaking at a press conference on Friday, ...

More electricity smart meters are being installed this month on a large scale, the electricity authority (EAC) announced on Friday, reminding consumers that power will be cut off for about 20 ...

Energy Minister Michalis Damianos on Friday confirmed the commercial viability of the ‘Pegasus’ deposit in block 10, a newly discovered offshore gas field. Speaking at a press conference, Damianos said a ...

Cyprus Gender Equality Commissioner Josie Christodoulou called for more accountable and action-centred leadership in the energy sector during EGYPES 2026 in Cairo this week, telling a regional forum that women’s ...

Cuts to value added tax (VAT) on fuel would not comply with European Union law, the European Commission said on Wednesday, as governments across Europe attempt to combat spiking fuel ...

By Dr Andreas Procopiou Former Senior Research Fellow in Smart Grids at the University of Melbourne and Research Engineer at the Électricité de France R&D  In public discussions ...

The push for cheaper electricity in Europe will depend on accelerating the energy transition while introducing targeted short-term measures, according to analysis by Andreas Poullikkas. The professor of energy systems ...

The European Commission recently adopted the Work Programme for the 2026 and 2027 Euratom Research and Training Programme, marking a decisive step in the development of nuclear technologies. The programme provides complementary ...

The European Union imported energy products worth €336.7 billion in 2025, representing a total weight of 723.3 million tonnes, according to Eurostat. When compared with the previous year, imports of energy products decreased ...

War in Iran and the related surge in fossil fuel prices have driven some politicians to push for more renewable energy in Europe, yet market volatility, an ​expected rise in ...

Telecoms provider Cyta on Friday welcomed the decision by the House of Representatives to approve legislation allowing the organisation to enter the energy sector, describing it as a pivotal step ...

The Cyprus Statistical Service (Cystat) on Friday reported that total petroleum product sales in February 2026 reached 111,922 tonnes, marking a 0.1 per cent year-on-year increase compared to February 2025. However, the figures reflect ...

The Cyprus Telecommunications Authority (CyTA) got the green light on Thursday to operate in the energy sector, though it remained an open question whether the semi-governmental organisation will compete or ...

Consumer fuel prices jumped by the largest amount seen in the last three years during business hours on Thursday, consumers’ association chairman Marios Drousiotis said, with the impact of the ...

The Cyprus Association of Electricity Suppliers’ Representatives (Sepie) on Thursday said that a competitive electricity market remains the most efficient model for achieving lower costs for consumers and a sustainable ...

Greek industrial and energy company Metlen on Monday announced that it recently signed a Memorandum of Understanding (MoU) with the Naval Group, a French industrial company specialising in naval defense, ...

War in the Middle East means investors may not only have to contemplate a higher oil price, but also a stronger dollar than many had bargained for at the start ...

Cyprus is facing further fuel price increases in the coming weeks, though supplies remain sufficient for around 90 days, petrol station association president, Savvas Prokopiou, said on Friday. “Naturally, there will ...

Finance Minister Makis Keravnos on Friday said the ministry is preparing multiple scenarios and measures to mitigate potential economic fallout from the war in Iran. The minister stressed that developments ...

Cyprus recorded the fifth lowest share of electricity generated from renewable sources in the European Union in 2025, according to a report released on Thursday by Eurostat. The figures showed that 47.3 ...

European Union leaders will attempt to find quick fixes to curb the ​jump in energy prices triggered by the Iran war when they meet for a summit on Thursday, but ...

By Dr Arkadius Sybaris  In 2025, Cyprus curtailed an estimated 306 gigawatt-hours of clean solar energy — enough to power roughly 51,000 homes for a year. Approaching half of all distributed solar generation on ...

Cyprus remains one of the most energy-dependent countries in the European Union, as authorities monitor rising geopolitical risks linked to the Middle East. According to a Eurostat report released on ...

For the moment, Cyprus does not face a problem in relation to its fuel stocks amid the Persian Gulf energy crunch, the Cyprus Mail has learned. “Right now we are ...