electricity Archives - Financial Mirror

Government introduces €35 mln support package

Following criticism for pulling the plug on an 8 cent fuel subsidy, the government announced a €35 mln package, including an extension to the electricity subsidy until the end of June. The

29th March 2024

Cyprus/Economy

RRF funds in jeopardy as EAC-CyTA deal goes sour

A deal by one state-owned company to supply electricity smart meters to another state utility has been challenged by a special court that ruled the contract as unlawful, with €35 mln in

28th March 2024

Cyprus/Energy

Setting up energy communities in the EU and Cyprus

By Anna Artemi The adoption of the Clean Energy for all Europeans Package (CEP) in 2019 was the cornerstone for the regulation of the Energy Communities in European Union (EU) law. The

25th February 2024

Comment/Cyprus/Energy/Guests

€80 mln for RES energy battery storage

Energy is an area of potential cooperation that was discussed during the state visit to the island of Germany’s President Frank-Walter Steinmeier. Talking to the press, Cyprus President Nikos Christodoulides said that

13th February 2024

Cyprus/Energy

Energy as a path towards peace

By Angeliki Ktoridi While the world faces numerous pressing issues, one that requires better understanding is the energy crisis and division in Cyprus, a Mediterranean island just below Turkey, and nestled between

3rd February 2024

Comment/Cyprus/Energy/Guests

Solar panels and cheaper electricity

The way the electricity cost is going up and is ever increasing in Cyprus, the reduction of the cost of electricity is becoming a major issue. To this end the government is

28th January 2024

Columnists/Comment/Cyprus/Energy/Property

‘Photovoltaics for all’ gets final OK

The Cabinet has greenlighted the implementation of the ‘Photovoltaics for All’ scheme, subsidising up to 6,000 homeowners to install solar systems on their roofs, which will be up and running from the

26th January 2024

Cyprus/Energy

Public PV projects boost RES contribution

Some 405 schools saw their energy consumption drop by a third thanks to a groundbreaking collaboration between the Ministry of Education and the Electricity Authority of Cyprus, adding to the public sector’s

24th January 2024

Companies/Cyprus/Energy

EuroAsia project quickly went from unviable to doable

Strange developments on the EuroAsia electricity cable project after the Energy Minister declared that despite its criticism, the Cyprus government will participate after all. This was done by redirecting the €100 mln

12th November 2023

Editorial/Energy

EAC appeals veto on 25% electricity bills hike

The Electricity Authority of Cyprus (EAC) is at odds with the Energy Regulatory Authority (CERA), which blocked its move to increase electricity bills by a whopping 25%, fearing consumer outrage. According to

18th October 2023

Cyprus/Energy