RES fee on consumers needs to be increased, fund almost depleted, Pilides said
The Renewable Energy Sources (RES) Fund could be depleted around 2022 unless the special fee charged to consumers is not increased, Energy Minister Natasa Pilides...
RES
Government announces grants for solar water heaters
The Renewable Energy Sources and Energy Conservation Fund, Cyprus’ main financial tool promoting renewable energy use, announced on Monday it will accept applications for the...
RES charge on electricity bills to be halved
The House commerce committee decided unanimously on Tuesday to cut the renewable energy charge on electricity bills by half per KwH from one cent currently...
Electricity authority announces reduced profits
The electricity company (EAC) said on Tuesday it has generated €37m net profit for 2018 mainly from a rise in sales while a large part...
€85m cost for emissions to be passed on to consumers
The Electricity Authority of Cyprus (EAC) will pay a projected €85m next year for carbon dioxide emissions allowances, a cost that will be transferred to...
Energy ministry pushes for application deadline extension for RES park
By Philippe Orphanides The energy ministry’s intention of asking the cabinet to extend the application deadline for the second renewable energy park (RES) project has...
More money to encourage homes to use renewables
Legislators on Tuesday got a first glimpse of the 2019 draft budget for the Renewable Energy Sources (RES) Fund, discussing ways of further increasing the...
Energy from renewables less than 10% at end 2017, some 3% from 2020 target
The share of energy from renewable sources (expressed in per cent of gross final energy consumption) reached 9.9 per cent in 2017 in Cyprus, according...
Draft approved for climate plan 2021-2030
THE CABINET has approved the draft for the national energy and climate plan for 2021-2030 aiming to achieve the European Union’s ‘ambitious goals’ to make...
Impressive progress in expansion of renewable energy sources
By Andreas Armenakis and Nikolas Chatzigeorgiou One of the key driving elements for the evolution of energy systems around the globe are new developments, regarding...
Cyprus struggling to meet RES targets for transport
Officials said on Tuesday that by the year 2020 Cyprus may be able to achieve the target of 13 per cent of its energy being...
Share of RES 17 per cent in EU in 2016, 9.3 per cent in Cyprus
In 2016, the share of energy from renewable sources (RES) in gross final consumption of energy reached 17 per cent in the European Union (EU),...
Cabinet green lights new RES scheme
The cabinet on Tuesday green-lighted a Renewable Energy Sources (RES) scheme with a total capacity of up to 212MW, aspiring to give a boost to...
The wind vs sun debate cloudier than you think
New technologies and plunging installation costs should mean an extension of wind and solar power production, but developments depend on the government which has committed...
Island’s renewable energy share up slightly in 2015
The share of energy from renewable sources in gross final consumption of energy is on the rise across the European Union including in Cyprus, according...
Renewable power generation up 3.4% in 2016
Power production from renewable energy sources rose 3.4 per cent last year to 327,284.5 megawatt hours (MWH) compared to 2015 mainly on increased output generated...
State intensifying efforts for seamless green growth
EVEN as Cyprus’ energy future is looking bright, given the discovery and development of natural gas in the Eastern Mediterranean, the government is intensifying efforts...
Suspect schemes for wind farms
Insufficient reasoning, missing documents and seemingly arbitrary government decisions are just some of the findings in an Audit Service report released this week on government...
Audit office says state could stop subsidies for wind farms
THE AUDIT service has said the state could disengage from agreements to subsidise windfarms, which burden the renewable energy sources special fund, and ultimately taxpayers....
Hike in RES fund could cost consumers an extra €7 on bi-monthly bills
Should the government proposal to raise the contribution rates for the Renewable Energy Sources (RES) fund be accepted by parliament, it means that an average...
