Electricity storage solution within 24 months

The government aims to solve energy storage within the next 18-24 months so the grid does not reject green energy,  said Energy, Commerce and Industry Minister George Papanastasiou. Addressing a press conference

Israel eyes Cyprus’ electricity

Due to estimated shortages in electricity generation capacity, Israel wants to fast-track its cable interconnection with Cyprus, said Energy Minister George Papanastasiou. Confirming media reports, Papanastasiou said the issue was discussed at a


Cheaper electricity should be priority

The Cyprus Chamber of Commerce and Industry (CCCI) backs the government’s priority to import natural gas to produce cheap electricity, which has become unaffordable. CCCI President Christodoulos Angastiniotis discussed cheaper energy in a Tuesday


Electricity prices rise above EU average

In the second half of 2022, average household electricity prices in Cyprus rose sharper than the EU average, from €23 per 100 kWh to €32.6 per 100 kWh, while Europe went from €23.5

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