Energy company confirms it has proposed installation of an FRSU in Cyprus
Norwegian company Hoegh LNG has confirmed that it has submitted a proposal for the installation of a Floating Storage Regasification Unit (FRSU) in Cyprus. The...
CERA
Why is the government ignoring good offers for gas imports?
Cyprus appears bent on investing millions of euros on the most expensive option to import natural gas Hoegh LNG submitted a formal application to Cyprus...
Energean says proposal to supply gas still in force
Energean’s proposal to supply gas to the Cyprus through a pipeline from Israel remains in force, the company said in a statement on Sunday. According...
Anger at the House as liberalised electricity market delayed again
The opening up of the energy market has once more been pushed back, this time to December 2021 – and that’s under the best-case scenario...
Electricity prices could fall as of January
It’s expected that people will pay slightly less for electricity as of January 1, when the state-run power company is set to readjust some of...
EAC unions to consider ‘new measures’ to oppose privatisation
TRADE unions at the semi-state power company EAC will decide on Tuesday on the measures they will take to protest the government’s policy, which they...
CERA chairman says new EAC tariffs basis for future liberalised market
The chairman of the Cyprus Energy Regulatory Authority (CERA) said that the new tariffs by state-owned power producer Electricity Authority of Cyprus (EAC) are part...
Association of electricity investors urges members not to sell licences
A business group representing private investors in power generation warned its members to refrain from selling licences in their possession months before the market’s liberalisation,...
Regulator issues licence for first competitive power plant, investor says
The Cyprus Energy Regulatory Authority (CERA) has issued the first licence to a power producer for the competitive market, a director of Easy Power (Cyprus)...
Timeline for opening electricity market must kick off by July 1, regulator says
The final two-year timeline for the functioning of an open electricity market in Cyprus must kick off by July 1, the Cyprus Energy Regulatory Authority...
Cera unveils ‘market light’ for energy liberalisation
The Cyprus Energy Regulatory Authority (Cera) has unveiled its latest stopgap proposal ahead of the full opening up of the energy market. Cera head Andreas...
Electricity market may not be opened up until 2020
It could take until 2020 to open the electricity production market to competition, MPs heard on Tuesday. Lawmakers were discussing for the umpteenth time the...
Power market liberalisation may take three more years
Diko lawmaker Angelos Votsis said that Cypriot private power producers will have to wait another three years before they can gain access to the electricity...
Administrative Court slams CERA for freezing licencing process
Cyprus’ Administrative Court, a body tasked with adjudicating complaints against administrative bodies, ruled that the Cyprus Energy Regulatory Authority (CERA) had no right to freeze...
EAC split effective from December, regulator says (Update 3)
THE energy market regulator said on Monday that the EAC will be divided into two from December with a final draft of regulations for...
Power supply to north to continue until September 2
Power supply to the north is expected to continue until September 2, according to the instructions given to Cyprus` Transmission System Operator (TSO). TSO Deputy Spokesman...
DEFA resumes work on interim gas solution after new board appointed
By Angelos Anastasiou The Natural Gas Public Company (DEFA), tasked with reaching agreement with a supplier for the so-called ‘interim solution’ to replace oil as...
Huge challenges for energy regulator
By George Psyllides The energy sector in Cyprus is fundamentally changing, President Nicos Anastasiades said on Monday, as new challenges will determine the course of...
Cabinet appoints new CERA chief
The Cabinet on Monday appointed Andreas Poulikkas as head of the Cyprus Energy Regulatory Authority (CERA) and Philippos Philippou as vice president, for a period...
On track for 2020 RES target
Renewable Energy Sources (RES) constituted 8.7 per cent of the energy market in Cyprus in 2014, ahead of the 2015-2016 target set by the relevant...