President Nicos Anastasiades and his energy minister are pushing to raise awareness and support in the urgency for energy security as part of the EU’s desire to diversify supplies, especially within the
DThe war in Ukraine and sanctions on invading Russia have been feeding an already brewing energy crisis, in ways that could not have been foreseen. However, environmentalists and consumer associations argue that
Cyprus will be looking to upgrade its role as an alternative energy hub and supplier to the EU, making the most of its untapped natural gas reserves and upcoming electricity interconnectors with
Consumers should prepare for more hikes in their electricity bills, as the Cyprus Electricity Authority (EAC) is liable to pay €183 mln for greenhouse gas emission rights in 2022, 150% over the
Renewable energy sources were 37% of gross electricity consumption in the EU, but Cyprus had the second-lowest share in the bloc with only 12%. The EU average in 2020 went up from
EuroAsia Interconnector, the Israel-Cyprus-Greece electricity cable that gets underway this year, has secured nearly two thirds of the European Commission’s €1.037 bln funding for key energy infrastructure projects that will drive the EU’s
A State Department spokesperson said that Washington continues to support regional stability and energy cooperation between Cyprus, Greece, Israel through electricity interconnectors like EuroAsia. The comments follow the publication in Greek media
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
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
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
