All residences and businesses impacted by last week’s fire will be subsidised by up to €500 in their last issued electricity bill, the EAC announced on Wednesday.
To receive the ...
The finance ministry has refused to greenlight the payment of €25 million to Greece’s independent transmission system operator (Admie), which form part of the government’s obligations regarding the Great ...
Electricity demand is expected to reach 1090 megawatts (mw) on Thursday, remaining at roughly the same levels as Wednesday.
The demand is expected to reach 1090 mw between 2pm and 4.30pm. From 7...
A large project to install smart electricity meters will continue across Cyprus from Wednesday, the electricity authority of Cyprus (EAC) has confirmed.
Smart meters record electricity use in real time. ...
The energy regulator (Cera) said on Tuesday it’s awaiting a response from the finance ministry on whether to include a tariff on electricity bills for the first €25 million that ...
Temperatures are staying over the 40C mark, with yellow warnings being issued by the Meteorological Service, while the demand on electricity has already peaked.
A red alert warning for forest ...
By Dr Andreas Procopiou
In recent weeks, public discourse in Cyprus around the future of the electricity market has been flooded with voices suggesting we should “freeze” electricity prices, just ...
The energy regulatory authority (Cera) has approved in principle an application from the Cyprus Transmission System Operator (TSO) to develop energy storage systems, it emerged on Friday.
The request was ...
Consumers will have to wait two more weeks to find out if the Electricity Authority of Cyprus (EAC) hikes its tariffs by 3 per cent, reports said on Tuesday.
The matter ...
The Electricity Market Association (EMA) on Friday expressed concern over last-minute changes to the competitive electricity market, just weeks before its planned launch.
It said regulatory changes to the guidelines ...
The private electricity industry on Tuesday censured the energy minister for remarks which, in its opinion, undermine confidence in the coming opening up of the electricity market.
The Electricity Market ...
No definitive decision has yet been taken regarding the proposed revision of the Electricity Authority’s (EAC) rates, translating into a 7.5 per cent hike on consumer invoices, the Cyprus Mail ...
A proposal to tax the ‘windfall’ profits of producers and suppliers of renewables-generated electricity ran into stiff opposition from industry but also the government during a parliamentary debate on Monday.
...
The summer will find Cyprus “completely unprepared” in terms of energy sufficiency, Marios Papoutis, head of the EAC’s technical employees’ union (Sekaik) warned on Monday.
Speaking on CyBC, the ...
Cyprus will have its first large-scale electricity storage system operational within the next 16 months, the energy minister said on Monday.
Speaking at the Green Agenda Cyprus Summit in Nicosia, George ...
Vital energy infrastructures, such the Great Sea Interconnector (GSI) between Israel, Greece and Cyprus, must be protected and the European states need to cooperate in this regard, Energy Minister George ...
The Electricity Authority of Cyprus (EAC) and the energy regulator will meet sometime this week in a bid to settle on a formula on how to bring down the price ...
What happened in Spain and Portugal on April 28 brought home how insecure our energy systems have become. For about 20 hours Spain, Portugal and parts of southern France experienced a widespread ...
Cyprus is set to expand its energy infrastructure with new storage facilities and power generators, Giorgos Petrou, president of the Cyprus energy regulatory authority (Cera) confirmed on Wednesday.
According to ...
The electrical interconnection between Greece and Cyprus will move forward at the right time and according to plans, Greek Foreign Minister Giorgos Gerapetritis said late on Wednesday night.
Speaking on ...
The Great Sea Interconnector project was absent from announcements and discussions in Greece following a meeting of the country’s National Security Council (Kysea) on Wednesday.
Earlier in the day, ...
Electricity tariffs in the north increased by almost 12 per cent on Tuesday, with people in the north now paying more for their electricity than people living in the Republic.
For ...
The Great Sea Interconnector (GSI), connecting the electricity grids of Greece, Cyprus and Israel is now being handled on a diplomatic level as it has become a matter of foreign ...
Greece reaffirmed on Monday its commitment to building a subsea electric cable planned to link continental Europe to the East Mediterranean, following reports that the project was halted over financial ...