Energy

Renewable energy use in transport across the European Union edged higher in 2024, but Cyprus recorded a slight decline, according to a report from Eurostat released on Wednesday. The figures show ...

Revenue from carbon dioxide related taxes across the European Union experienced a surge between 2017 and 2023, climbing from €15 billion to €51 billion. According to Eurostat, these levies, which are strictly applied to ...

Half of the smart electricity meters which the electricity authority (EAC) had aimed to install have now been installed, Marios Pappoutis, the transmission system operator’s assistant network operator said ...

Operating an electricity grid on a small island is a “particular challenge”, Marios Pappoutis, the transmission system operator’s assistant network operator said on Friday. “The operation of the grid ...

Renewable energy sources supplied 47.5 per cent of gross electricity consumption in the European Union in 2024, with Cyprus recording one of the lowest shares in the bloc, according to Eurostat. The ...

The formulation of a bilateral agreement between Cyprus and Israel on the management of the Aphrodite-Ishai gas fields “appears to be in the final stages,” the state-run news agency said ...

The independent power transmission operator (Admie) took part in the Eastern Mediterranean regional meeting of the association of Mediterranean transmission system operators (Med-TSO), held in Amman, Jordan. According to an ...

The Kronos gas field in Block 6 of Cyprus’ Exclusive Economic Zone (EEZ) is “in the final stage of development” ahead of a potential final investment decision, President Nikos Christodoulides said ...

The European Union’s new European Grids Package offers Cyprus a practical roadmap to escape energy isolation, cut electricity costs and curb wasted solar power if it is implemented decisively, ...

The rollout of smart electricity meters is continuing across Cyprus in January, with the electricity authority (EAC) on Friday announcing the list of neighbourhoods which are to have smart meters ...

The total sales of petroleum products in Cyprus rose by 5.6 per cent in November 2025, compared with the same month a year earlier, data released by the Statistical Service (Cystat) showed ...

Eurostat has reported that the European Union reduced its primary energy consumption in 2024, bringing it closer to its 2030 efficiency targets and signalling progress that also matters for energy-dependent countries such ...

Cyprus continued to increase its share of renewable energy in gross final energy consumption, according to Eurostat, highlighting steady progress on the island’s energy transition as the European Union ...

EU imports of petroleum oils fell sharply in the first nine months of 2025, while purchases of liquefied natural gas surged, reflecting a continued shift in the bloc’s energy mix, ...

Cyprus’ Commission for the Protection of Competition (CPC) has unanimously approved, subject to binding conditions, the acquisition of ExxonMobil Cyprus Limited by Petrolina (Holdings) Public Limited through Med Energywise Ltd, ...

Electricity tariffs remain a growing concern across Europe, with the European Commission now outlining seven targeted actions aimed at easing costs for households and businesses while strengthening the competitiveness of ...

Frederick University and Electi Consulting Ltd have successfully completed the technical implementation of the DYNAMO research project, a decentralised energy management platform designed to allow smart communities in Cyprus to ...

Eurostat reported that renewable energy accounted for 49.3 per cent of net electricity generated across the EU in the third quarter of 2025, a development that highlights wide disparities among member states ...

EAC Supply, in collaboration with the Cyprus Energy Agency, has announced a new “AHK+” Grant Scheme to support businesses, local authorities, and vulnerable households across Cyprus in their transition to ...

The presence of American multinational energy corporation Chevron in Cyprus’ maritime exclusive economic zone (EEZ) constitutes a “vote of confidence” in the energy potential of both Cyprus and Europe, President ...

The final cost and long-term viability of the Great Sea Interconnector (GSI) came under scrutiny on Friday during discussions at the House finance committee on the budget of the Cyprus ...

The electricity authority of Cyprus (EAC) is continuing its mass installation of smart meters across the island in December. In Nicosia, installations shall commence between Stavrou and Spyros Kyprianou avenue, ...

Cyprus and Lebanon on Wednesday signed an agreement on the delimitation of the Exclusive Economic Zone (EEZ) between the two countries and agreed to explore the idea of a Cyprus-Lebanon ...

Eurobank on Thursday released a statement detailing its participation at the 13th Energy Symposium, which took place in Nicosia this week. Eurobank was an official sponsor of the symposium, which, ...