By Charles Ellinas Turkey’s President Erdogan announced the discovery of a large natural gas deposit at the prolific Sakarya gasfield in the Black Sea. Another 135 billion cubic metres (bcm) gas was
More than 2,000 households in Cyprus have applied to benefit from a €35 mln fund for home energy efficiency upgrades, with the Energy Ministry considering launching a second round of the same
Cyprus will allocate over €1 bln for a speedy transition to a Green economy built on renewable energy over the next five years. Agriculture Minister Costas Kadis, Energy Minister Natasa Pilides and
Cyprus has not abandoned the idea of promoting a scrappage scheme to get older cars off the road for electric vehicles, despite having to withdraw a previous one due to the economic
By Charles Ellinas The International Energy Agency (IEA) published a special report earlier this month on ‘The Role of Critical Minerals in Clean Energy Transition’, a subject that has not received the
Energy leaders in 32 countries believe that demand will fully recover from the fallout of the coronavirus pandemic by the end of 2023. A survey conducted among 100 policymakers by the European
ACWA Power has received $114 mln in international funding to build the 200MW solar plant at Kom Ombo, the biggest private solar energy park in Egypt. The new Kom Ombo plant will
By Panayiotis Tilliros Geopolitical aspects of energy development in the Levantine basin are of enormous importance, given the power vacuum that has emerged in international relations comprising the Eastern Mediterranean and the
The European Bank for Reconstruction (EBRD) is investing $1.5 mln in lending to projects in Armenia that will support a transition to a more sustainable, low-carbon and climate-resilient economy. The financial package
When news first broke 11 years ago about potential natural gas reservoirs lying offshore Cyprus, everybody jumped for joy, as if we had struck ‘black gold’, the energy commodity was ready to
