North’s electricity authority 805 million TL in debt
Kib-Tek, the north’s electricity authority, is in 805 million TL (€27.4 million) of debt, it was announced by the north’s ‘government’ on Thursday night.
The debt is owed to Turkish ...
Worries that EU funding for electricity connection at risk
Energy Minister George Papanastasiou refrained from commenting on Saturday over concerns that EU funding for the EuroAsia Interconnector is at risk due to delays in meeting milestones.
Speaking to the ...
North’s electricity deal with Turkey as elusive as ever
The north suffered a total of 5,277 power cuts in 2022, two times worse than in Pakistan
Plans to create an electricity cable link from Turkey to the northern part of Cyprus ...
Government spent €440 million to offset energy crisis impact, says minister
The government has spent some €440 million to cushion consumers from the financial impact of the ongoing global energy crisis, while making other moves aimed at driving down the cost of ...
Cyprus’ whopping payments for emissions is a dereliction of duty
By Efi Xanthou
On Friday, June 23, the House of Representatives hosted a seminar presenting part of the Fit for 55 EU package, essentially the EU’s target of reducing net greenhouse ...
Government mulls extending electricity bill subsidy
The government is mulling extending the scheme for subsidising electricity bills, but has yet to firm up a decision, an official told MPs on Monday.
Melina Katsounotou, head of the ...
Discontent over abolition of relief measures rising
The abolition of the tax freeze on fuels and electricity sends the message that the government is out of touch with society, Peo union claimed on Wednesday.
“The decision shows ...
Israel wants Cyprus’ excess electricity ‘in a hurry’ minister says
Israel, due to estimated shortfalls in domestic electricity production in the coming years, is keen on seeing the creation of the electricity interconnector with Cyprus, Energy Minister George Papanastasiou said ...
Planned EU changes to the electricity market
Our public buildings are supposed to be zero emission by 2026, just three years away
Over the years we witnessed energy price surges quite a few times, but the situation became ...
Energy minister defends prioritising gas imports (Updated)
Energy Minister George Papanastasiou dismissed media reports on Wednesday which downplayed the government’s reorientation on energy as “wrong”, stating that energy companies and the government are on the same ...
Cyprus paid nearly €570m in emission fines since 2017
The public has paid an added €569.6 million through their electricity bills as levied by the state, via the EAC, as Cyprus continues to be slapped with steep fines for its ...
Smart electricity meters to take over two years to roll out
The electricity authority (EAC) on Friday said the long anticipated installation of smart meters is expected to take at least two and a half years to complete, in the wake ...
Living off-grid in Cyprus: free power sounds seductive
But start-up and replacement costs mean it’s not all plain sailing
On a day in late winter, having skirted the buffer zone and willed my little Toyota Aygo through ...
Natural gas will help drive down electricity prices says minister
The use of natural gas will help provide the island with cheaper electricity, Energy Minister George Papanastasiou said on Friday outlining the new government’s proposed energy strategy.
Speaking on ...
Grid flexibility in Cyprus is critical for RES uptake
It is the key measure needed to reduce reliance on pricey fossil-fuels
Increased grid flexibility is critical if we are to produce more than 25 per cent of our electricity from ...
Blackouts continue in north as tensions grow with unions
Widespread blackouts in the north are continuing, while a tense situation arose between employees of the Turkish Cypriot El-Sen union, and the private Turkish company Aksa, which the ‘government’ instructed ...
Blackout in the north blamed on ‘sabotage’
The north was hit by severe electricity blackouts – lasting for over 12 hours in some areas into the early hours of Tuesday – which the ‘electricity authority’ claimed may have been caused ...
I’m stranded with no electricity after estate agent ripped me off
I am a Kostas Georgiou, 50 years old with cerebral palsy since I was eight months old – the polio vaccine gave me the deformity – and all my left side is shorter ...
Cabinet looking at extending electricity subsidy past April but no guarantees yet
The further extension of electricity subsidies will continue if the cabinet decides to continue with the support, President Nikos Christodoulides said on Saturday, following reports that when the subsidy expires ...
Imposters pretending to be EAC employees scamming consumers
The electricity authority (EAC) on Friday warned consumers to be cautious of people posing as agents of the authority, who are scamming people for money.
According to an announcement from ...
North’s electricity demand from Republic doubles
The north has been steadily increasing its demand for electricity from the Republic over the past three years, as the power needs of the north are not being met by ...
Cyprus electricity market most monopolistic in Europe
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 ...
Employee rights last stepping stone for opening electricity market
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 ...
RES-produced electricity to be cut by up to 8 per cent
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) ...