#cyprus 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 ...

Work on the Great Sea Interconnector (GSI) could resume by year’s end, the Greek foreign minister said on Monday reiterating that Greece would not ask Turkey’s “permission” to ...

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 ...

As Cyprus enters the run up to the 2028 presidential election, energy is perhaps the biggest economic challenge the next administration will inherit. From electricity prices and energy security to natural ...

Assertions that photovoltaic/solar systems are loss-making are misleading and only serve to discourage investment in ‘clean energy’, the energy minister said in a letter made public on Monday. Michalis ...

‘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 ...

The Great Sea Interconnector (GSI) project took another step forward on Thursday after Greece’s Independent Power Transmission Operator (Admie), the project promoter, submitted an investment request for the Cyprus-Israel ...

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 ...

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 ...

The Great Sea Interconnector, which, if completed, will link the energy grids of Cyprus, Greece, and Israel, is a “European issue”, Greek Energy Minister Stavros Papastavrou said on Thursday. “No ...

Neither the government of Greece, nor the government of Cyprus offered any confirmation or denial of reports that they intend to issue a navtex, a message used to transmit information ...

Energy company Shell said on Friday it had ‌agreed to sell its BG Cyprus unit to Hungarian oil and gas firm MOL Group for up to $720 million, as the British ...

With the energy sufficiency problems and power cuts that Cyprus is currently facing, energy will be one of the defining issues for the next government. The challenge extends beyond individual ...

Energy Minister Michael Damianos said that energy programme was proceeding according to the schedule, and the first natural gas from the Aphrodite gas field was expected by the end of 2030 ...

Energy Minister Michael Damianos has said that he is “delighted” that United States President Donald Trump has taken an interest in energy production in the region around Cyprus. “I believe ...

Repairs to two electricity generation units at the Dhekelia and Vasiliko power stations are expected to be completed on Thursday, a move that could restore reserve capacity to the grid ...

A proposed electricity interconnection between Cyprus and Lebanon could become a strategically important energy project for the Levant, with both countries asking the World Bank to assess the scheme’s ...

‘Provided that we do not have any breakdowns’ Cyprus’ electricity grid is equipped to meet the increased demand which is forecast over the summer amid rising temperatures and the subsequent ...

The first two articles in this series concluded that the key question facing Cyprus is no longer whether natural gas is needed, but whether the current Vasiliko LNG import project ...

Energy expert Dr Charles Ellinas on Wednesday warned that the Cypriot government is likely offering “continuous concessions” to multinational energy corporations so as to persuade them to drill for natural ...

Two gas fields located in Cyprus exclusive economic zone (EEZ) were on Tuesday declared “marketable” by multinational energy corporations ExxonMobil and QatarEnergy. Both fields, the ‘Pegasus’ field and the ‘Glaucus’ ...

The first contracts for large-scale electricity storage batteries in Cyprus are due to be signed on Tuesday, in an effort towards reducing renewable energy curtailments and increasing the amount of ...

The Cyprus-Greece great sea interconnector project (GSI) remains a strategic priority and has not been suspended, Energy Minister Michalis Damianos asserted on Tuesday, while stressing that the government will make ...

The launch of the East Med Energy Center (Emec) in Houston this week and the revival of high-level regional energy diplomacy mark significant developments in East Med energy cooperation. The ...