#electricity

The highest electricity market share in the EU was recorded in Cyprus, where the state-run Electricity Authority holds 88 per cent, according to Eurostat data released on Tuesday. After Cyprus, the ...

By the end of May all outstanding issues pertaining to the Transmission System Operator (TSO) must be resolved – a prerequisite for opening up the electricity market to competition – lawmakers said ...

Electricity from renewables fed into the grid will this year be cut back by an estimated 6 to 8 per cent, to ensure stability of the system, the Transmission System Operator (TSO) ...

Subsidies for electricity bills have been extended for another two months in a bid to tackle inflationary pressures, the Cabinet decided on Wednesday. The budget amounts to €30 million for the ...

The subsidy for the cost of electricity consumption from September 1, 2022 to January 31, 2023 amounted to €58.4 million, the finance ministry said on Thursday. In an announcement, the ministry said that it had ...

Electricity has been sold daily to the Turkish Cypriot community through the interconnected power grid for the last few days, due to the problem that occurred at the power station ...

By Elias Hazou and Iole Damaskinos A rise in the cost of electricity is inevitable for Cyprus beginning in early February, due to the country’s reliance on electricity production ...

The pampered workers of the Electricity Authority of Cyprus (EAC), having failed to impose their diktats on the government with work stoppages and day strikes have announced they would be ...

The finance ministry on Tuesday initiated a public consultation on two draft bills aiming to tax the windfall profits of producers and suppliers of energy generated from both fossil fuels ...

The Cyprus Energy Regulatory Authority (Cera) on Wednesday delivered its report for 2021 to President Nicos Anastasiades saying the island’s electricity market is looking forward to the future despite the ...

A project which will connect the Cypriot, Greek and Israeli power grids through the world’s longest submarine power cable which will total over 1,200 kilometres with a 2,000 Megawatt capability that ...

The ever-elusive date for opening up the electricity market appears to have been pushed back to 2023, as among other things the necessary legal regulations have yet to be passed by ...

Works on the EuroAsia Interconnector are due to start on October 14 and an inauguration ceremony for the project will also take place on the same day at the presidential palace. ...

Police conducted a raid on a building in Chlorakas overnight, where they arrested three people for illegally residing in the building, and charged four others for stealing electricity, authorities said ...

Britain said on Wednesday it would cap the wholesale cost of electricity and gas for businesses at less than half the market rate from next month, following a similar scheme ...

France will send gas to Germany if needed while Germany stands ready to provide it with electricity, President Emmanuel Macron said on Monday, saying this showcased European solidarity in the ...

Paralimni shopkeepers say they are struggling to survive and are crying out for help and support from the government, “before it’s too late”, asking for reductions in rent, electricity ...

The ministry of energy has published a list of recommendations aimed at saving energy at home in the wake of ongoing price hikes. There is advice on how to use ...

Inflation increased by 10.9 per cent year on year in July driven by hikes in electricity, which rose 61.7 per cent and fuel 44.1 per cent during the period, the statistical services announced ...

President Nicos Anastasiades has refused to sign off on and has sent back to parliament three bills passed by the House recently – two relating to VAT on electricity and fuel, ...

Electricity bills that will be sent out, will be about 24 per cent more expensive than the last one, an EAC spokesperson has confirmed. Asked about complaints voiced by the consumers ...

The government has received a request to transfer electricity to the north because one of its two power stations stopped working, the Cyprus News Agency reported on Monday. Turkish Cypriot ...

A meeting at the presidential palace on Friday will examine ways of tackling high electricity prices, which have a knock-on effect on a host of consumer goods. Convened by President ...

Ukraine hopes to make 1.5 billion euros from electricity exports to the European Union by the end of the year and earn to more in the future after obtaining the right ...