A month after completing all licensing procedures in Cyprus for the EuroAsia Interconnector subsea electricity cable, licenses for the second ‘electricity highway’, the EuroAfrica Interconnector have been issued. Daily Phileleftheros reported that
Good news for consumers, the Cyprus Electricity Authority (EAC) is to continue applying a 10% reduction on its electricity bills until September. In an announcement it issued on Wednesday, the EAC said
The disruption to energy markets and enduring behaviour changes caused by the coronavirus crisis, may deliver lasting change to energy consumption, Moody’s Investors Service said in a report, with the oil and
EuroAsia Interconnector, the Cyprus-Greece subsea electricity cable, got the go-ahead this week when energy ministers of both countries co-signed the project’s application for grants from the ‘Connecting Europe Facility’ (CEF), the EU’s
Industrial giant Siemens AG has been chosen as the preferred bidder to build the Cyprus-Greece electricity connection, with regulators discussing issues of interoperability to ensure linking their national grids goes ahead smoothly.
Cyprus’ lockdown has caused a big drop in air pollution due to the significant reduction in traffic congestion and a decrease in electricity demand. This highlights the need for sustainable public transport
Cyprus Electricity Authority (EAC) customer service centres will remain closed to the public until April 16 while moving all services provided by the power utility online. EAC’s announcement follows the government decision
Cyprus’ Electricity Authority said it will apply a 10% discount on energy bills for two months, to help households and businesses hit by COVID-19. The discount was approved by the Cyprus Energy
Cyprus is failing its green credentials by staying at the bottom end of Europe for electricity generated from renewable sources, consumption of alternative energy and using RES in transport. The share of
Despite a 2.9% reduction in electricity transmission and production costs, consumers in Cyprus will not see any dent in their energy bills due to the electricity authority paying for the right to
