There is keen interest in installing photovoltaics on roofs or elsewhere, and based on the government’s subsidised programme, PV systems operate by offsetting the electricity produced and consumed. That is, each home
The government plans to extend a subsidy on electricity bills introduced by the previous administration but will discontinue a freeze on consumer fuel tax. According to Phileleftheros daily, quoting government sources, President
The Turkish-occupied north was left in the dark on Monday after suffering a general blackout, with Turkish Cypriot authorities screaming foul play, blaming workers at the electricity authority. As reported by news
Surging oil prices are likely to mean higher interest rates for longer as the price rally adds to inflationary pressures, warned the CEO of a leading financial advisory and fintech. The the
Cyprus, Israel and Greek foreign ministers highlighted the importance of their energy cooperation and its contribution to the stability in the region. Cypriot Foreign Ministers Constantinos Kombos, Greece’s Nikos Dendias and Israel’s
Energy Minister George Papanastasiou said there is potential for the Eastern Mediterranean region to contribute to the diversification of the EU’s energy sources during its transition from natural gas to new renewables
Annual fuel sales recorded an overall 7% decrease in February, with oil companies reporting sales of 107,779 tonnes of fuel, according to the Statistical Services. There was a decrease in oil supplies
The current European natural gas markets still are looking at very high price settings, while demand is below historical levels, and supply could be hit by Asian demand increases. Since the Russian
Cyprus is one of the most expensive countries out of a list of 39 in Europe to charge an electric vehicle, adding another con to the list of Cypriot motorists thinking of
Transatlantic trade disputes are moving to a new US-controlled rhythm and increasingly, the US is acting without consulting its European allies. Because of the EU’s deep and growing security dependence on the
