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
Cyprus takes advantage of a €38.6 mln injection from the EU Recovery plan to increase electric vehicles on the road and charging points in towns across the island. On Friday, Transport Minister
By Charles Ellinas Following the OPEC+ (OPEC plus Russia) agreement on Sunday to raise crude oil production by 400,000 barrels/day each month, starting from August, Cypriots should see a fall in fuel
Last year, the Covid-19 pandemic dramatically impacted global energy markets, with primary energy and carbon emissions falling at their fastest rates since the end of WWII, according to BP’s annual Statistical Review
EuroAsia Interconnector is placed at the top of the list of priority projects included in the Commission’s impact assessment report, reviewing the proposal for European green bonds that will fund clean energy
The importance of the East Mediterranean Gas Forum was highlighted during a virtual fifth Ministerial Meeting to launch its official website in a bid for global reach. Members of the Forum are
