#cyprus energy

Cyprus is an “attractive gateway for energy investment”, Energy Minister George Papanastasiou said on Sunday. Speaking at the Capital Link Cyprus business forum in New York, he said the island ...

For years, Cyprus has struggled with electricity blackouts, high energy costs and a slow transition to renewables. Now, as officials debate a new law to protect solar panel owners from ...

Thousands of megawatt-hours of power generated by renewables get discarded each day because Cyprus lacks the storage systems, MPs heard on Tuesday. The House energy committee discussed energy storage in ...

The leaderships of Electricity Authority (EAC) trade unions will meet on Monday to examine “serious developments” in the energy sector. In a letter to the authority’s board, the four ...

Much of the discussion at the FT’s International Energy Policy Forum in Brussels earlier this month applied to Cyprus as well as other areas of the world. The event ...

Three presidents and 13 years after the discovery of gas in the Aphrodite field, the government this week clinched a deal with US oil giant Chevron for the development of the ...

Cyprus has taken a significant step towards bolstering its role in the regional energy sector with the approval of a revised development and production plan for the Aphrodite gas field. ...

Energy Minister George Papanastasiou said on Thursday he was satisfied with the Greek side’s response to a series of questions posed by the Cypriot side about the functioning of ...

Natural gas agreements set to be signed between Cyprus and Egypt next month are among the most important ever signed by the island over the exploitation of natural gas fields, ...

According to the ministry of energy the government is close to approving Chevron’s development plan (FDP) for the Aphrodite gas-field, centered around exports to Egypt using a subsea pipeline, ...

The government is set to instal ten publicly accessible fast-charging stations for electric vehicles by the end of 2025, the transport ministry announced on Thursday.  With a budget of €1.04 million funded ...

Last month, we threw away more than 18 gigawatt hours of solar power – enough to power the average Cypriot household for nearly 2,000 years. This process, referred to as ‘curtailment’, is where ...

Energy was constantly in the news in 2024, but serious progress was limited. By far the biggest success was the ‘Photovoltaics (PV) for All’ scheme. With the failure of utility-scale renewables (...

News-wise, the Great Sea Interconnector had had quite the week: first the leaking of two reports casting major doubts over the endeavour, followed almost instantaneously by the revelation that a ...

The Cypriot government is “ready” to begin consultations with both Greece’s independent transmission system operator Admie and the country’s energy ministry to find an agreement on “all matters” ...

The floating storage and regasification unit (FSRU) Prometheus departed from Shanghai in the early hours of Saturday morning, the government confirmed. This marks the beginning “of a new era for ...

All necessary measures to ensure the safety of Vasiliko energy centre are being promoted, Energy Minister George Papanastasiou said on Tuesday. Addressing an event to mark the 10th anniversary of ...

At least 1,650 applicants will share the €30 million allocated through the government’s energy and housing policy, which opened on November 21 and will run till January 1, 2025, or until the budget runs ...

Cyprus will begin accepting applications from commercial producers to construct energy storage facilities on the island in January, Energy Minister George Papanastasiou said on Friday. Addressing the Energy symposium in ...

“Energy giants from Gulf states” are interested in possibly drilling for natural gas in Cyprus’ Exclusive Economic Zone (EEZ), President Nikos Christodoulides said on Friday. Addressing the Energy symposium in ...

The International Energy Agency (IEA) published its annual World Energy Outlook (WEO-2024) on October 16, warning that the world is failing to limit global warming to 1.5C. What is new this ...

It has been over two-and-a-half years since ExxonMobil last drilled in Cyprus’ EEZ, but the company is about to come back. In an interview earlier this month the minister of ...

Cyprus’ first natural gas extraction will most likely be from the Kronos reservoir in block 6, which may be in 2027, Energy Minister George Papanastasiou said in an interview to Kathimerini published ...

The north’s electricity authority Kib-Tek has the right to cancel its 15-year procurement contract with Turkish energy company Aksa over contract breaches with regard to the planned subsea electricity ...