Consumers will see an end to rising electricity bills, as the government appears adamant about ensuring the Electricity Authority introduces a discount on bills in the coming months. On Wednesday, Energy Minister
The technical committee working on a joint gas pipeline project between Cyprus and Egypt will convene on 15 September, said Energy Minister Natasa Pilides. The minister said she was very satisfied with her
The resurrection of demand in the global economy has driven up crude oil prices, the main component of fuel at petrol stations. But according to an executive director of a fuel distribution
This August, Cypriots must dig deeper into their pockets to pay their electricity bills after rising fuel prices pushed annual costs up by almost 40% due to Cyprus’ dependency on oil to
The raging fires, which have engulfed most of Greece for almost two weeks, apart from the unprecedented ecological devastation and huge loss of property, challenged the stability of the country’s electricity system.
Turkish Cypriot authorities are receiving electricity from the Republic until 17 August; scarcity of funds coupled with technical glitches has pushed the north on the verge of a power shortage. According to
High demand for electricity during the hot weather combined with an upward trend in petrol prices will ensure Cypriots pay more for summer energy bills. In comments to media outlet Stockwatch, acting
Commission President Ursula von der Leyen’s ambitious recovery and resilience plan are doable, unlike many ideas, strategies and declarations churned out from Brussels in the past. The difference this time is that
The Council of the European Union approved the allocation of a €100 mln grant to the EuroAsia Interconnector electricity interconnection as part of the Recovery and Resilience Plan (RRP) for Cyprus to
By Nicole K. Phinopoulou On July 21, Finance Minister Constantinos Petrides addressed an online conference and presented the long-term strategy for sustainable economic growth (Cyprus 2035 “Vision”), embracing the scope of the
