#cyprus energy

During the last two months two major reports were released reviewing world energy. First was the Energy Institute’s (EI) ‘Statistical review of world energy 2024’ published in June, followed by ...

The Electricity Authority of Cyprus (EAC) must “change” to become a competitive organisation by the time the electricity market opens up, the energy minister said on Tuesday. “Our vision is ...

Europe and the European Commission (EC) consider electricity grid interconnections between member states as strategically important, contributing to Europe’s energy security. They offer economic efficiency, provide reliability to the ...

Global companies such as Tesla and Samsung have shown interest in participating in Cyprus’ battery-based electricity storage system, Energy Minister George Papanastasiou said on Tuesday. In a presentation on the ...

Progress towards implementing the liquefied natural gas terminal at Vasiliko will be on the House energy committee’s agenda on Tuesday when it reconvenes following the elections. Energy Minister George ...

The use of energy by EU households in 2022 dropped to its lowest amount since 2016, also significantly dropping compared to 2021, while energy use in Cyprus returned to its 2019 levels, according to ...

Some companies participating in the Photovoltaics for All plan are not offering the requisite seven-year guarantee to their customers, the Cyprus Consumers’ Association said on Monday. The government had stipulated ...

This is the second time this year I feel compelled to write about the development of – or lack of – the Aphrodite gas field. This is the fifth attempt made by ...

I participated at FLAME 2024, Europe’s lead natural gas conference, in Amsterdam end April. The theme of the conference was ‘Navigating the energy trilemma’ and LNG featured prominently. A key ...

Cyprus is a “reliable business centre”, Commerce Minister George Papanastasiou said on Saturday. Speaking at a business conference in New York, he said the island “has remained stable over the ...

Egypt desperately needs a major gas discovery to shore up its declining production The submission of the updated development plan for the Aphrodite gasfield by Chevron at the beginning of ...

The government has asked Greece’s Independent Power Transmission Operator (Admie) to carry out a cost-benefit analysis that would then allow Cyprus to decide definitively on whether to invest directly ...

Be warned: Cyprus motorists could be hit with hikes of 25 cents/litre by the end of the year By Charles Ellinas With Cyprus finance minister announcing that he will not ...

Cyprus aims to conclude construction works for the Liquified Natural Gas (LNG) terminal in Vasiliko by the end of 2024 as this would assist the efforts to reduce electricity generation costs ...

The impact on households and businesses in sectors such as tourism, industry and agriculture of green taxation and the need to grant compensatory measures will be the focus of a ...

Producer group OPEC and the International Energy Agency, the world’s most closely watched forecasters of oil demand growth, are further apart than they have been for at least 16 years ...

Applications for ‘Photovoaltics for All’ opened on Friday, making grant schemes for solar panel installations available to those who meet the requirements. President Nikos Christodoulides said within the first few ...

Turkish energy company Aksa made $1 billion (€924 million) in profit in Cyprus since 2000, Cyprus Turkish Chamber of Mechanical Engineers chairman Ayer Yarkiner claimed on Friday. Yarkiner at a joint press conference ...

Nothing exemplifies the amateurishness and superficiality of our state services as well as the country’s energy policies of the last 15 years. Policies – if you could describe the catalogue of ...

There are “no plans” to close the Dhekelia power station, electricity authority (EAC) chairman Giorgos Petrou said on Thursday. He was speaking during a visit to the power station, and ...

The Electricity Authority of Cyprus (EAC) has decided not to pursue its request for a 25 per cent hike in their tariff, following a meeting with Energy Minister George Papanastasiou. Reports ...

Electricity costs have been getting higher and higher, and it’s becoming a major issue. To tackle this, the government has been introducing all sorts of incentives to encourage investment ...

The ‘TRNC’ has a right to 462,000 square kilometres of Cyprus’ exclusive economic zone (EEZ) including continental shelf, territorial waters and maritime areas of jurisdiction, Turkish Cypriot leader Ersin Tatar has ...

The plan to switch to gas-fired power generation seems subject to even more delays with consequent EU fines I was in the middle of writing this article when the Auditor ...