VAT cut on electricity bills in limbo

A bill approved by opposition parties to cut VAT on electricity bills indefinitely from 19% to 9% across the board is in limbo after MPs rejected President Nicos Anastasiades veto. Parliament, including

EAC to add 40 EV charging stations

The Electricity Authority of Cyprus plans to add another 40 electric vehicle (EV) charging stations by the end of the year, in addition to the 33 it already operates islandwide. A senior

Government supplying north with electricity

The Cyprus government will continue to supply the Turkish-occupied north with electricity until 4 January to prevent power outages. CNA said that a request was made on Wednesday after the previous agreement between

Wishing for a green Christmas

There was no surprise the government’s car scrappage scheme was oversubscribed tenfold, with more than 3,000 motorists jumping at the opportunity for a state grant to replace their old banger with an

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Cyprus second largest dip in energy use

During the pandemic, Cyprus was among the top countries in the EU with the largest reduction in both primary and final energy consumption, according to Eurostat. Compared with the 2017-2019 average, primary

Cyprus resumes energy search

Cyprus has resumed searching for oil and gas after more than a year due to coronavirus with US energy giant ExxonMobil conducting appraisal drilling in block 10 of its Exclusive Economic Zone

Car scrappage scheme oversubscribed 10-fold

More than 3,000 motorists jumped at the opportunity for a state grant to replace their old banger with an eco-friendlier vehicle in a scrappage incentive scheme. The first phase of a €15

EAC energy inefficiency

An article in the FT pointed out that in the UK, one recent study estimated that 54% of electricity supply is lost before power reaches the consumer because of the inadequacies of

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Energean ramps up Egypt natural gas

Greek energy firm Energean’s plans to increase natural gas production from its concessions in Egypt were discussed in Cairo with Petroleum Minister Tarek El Molla and company CEO Mathios Rigas. A company

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