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
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
The EuroAsia interconnection project must move forward. The future of energy worldwide, and in Cyprus, is green energy and renewable energy sources (RES). We cannot increase the penetration of RES by more
A clean-energy start-up, ready by 2030, aims to become the world’s longest subsea interconnector, supplying Britain with about 10.5 gigawatts of electricity, enough for 7 million households, or about 8% of the
Israel’s prime minister has floated the idea of building infrastructure projects such as fibre optic and electricity cables linking countries in Asia and the Arabian Peninsula with Europe through Israel and Cyprus.
Households have seen their power bills more than double since 2020, as Cyprus has become the seventh most expensive in the European Union for electricity. Based on official data from the Cyprus
Energy Minister George Papanastasiou said the energy sector in Cyprus “is currently facing significant challenges” with the high cost of power generation. He told the diaspora conference that addressing these challenges was
The Cyprus Consumer Association is demanding the government reinstates two subsidy schemes for fuel and electricity, scrapped in July, as the cost-of-living spirals. The association’s chair Marios Drousiotis is warning that higher
Jordan is interested in collaborating with Cyprus to establish electricity connectivity with the European Union, said Energy Minister George Papanastasiou. It was discussed on the sidelines of the official visit of President Nikos
Despite a 15% drop in electricity prices since last year, power bills are twice as big as in the summer of 2020, a few months before Russia’s invasion of Ukraine. For July
