Cyprus, along with Malta, have the highest energy demand to keep buildings cool among EU states, while since 1979, the two countries recorded the highest yearly average of cooling degree days. According
One of the priorities of the new administration is to reduce the cost of electricity, to help industry and the economy reach the potential “they deserve”, said new Energy Minister George Papanastasiou.
The Cabinet on Wednesday decided to extend a series of measures previously introduced to alleviate pressure on households from the hike in fuel prices and electricity. As the government’s acting spokesperson Niovi
Mild winter and a slow start to 2023 have eased energy prices in Europe, at least for now, with persisting tight oil and gas supplies. China’s economy is on the way to
International oil companies (IOCs) are maintaining their output plans, despite increasing demand and output of electric vehicles and emission targets that should match zero-carbon ambitions over the next two decades. ExxonMobil is
The government will continue to subsidise the installation of solar panels in homes, despite warnings the system can’t absorb additional Renewable Energy Sources (RES), said Energy Minister Natasa Pilides. A joint letter
The Russia-Ukraine war continues to destabilise energy markets in 2023, as tight oil and gas supplies will persist and economic recovery, driven by China, leads to increased energy demand, impacting prices upwards.
In Cyprus, the share of gross final energy consumption from renewable sources improved to 18.4% in 2021 but is still below the European average of 21.8%. However, it has increased steadily since 2004
Electricity generated from renewable energy sources in Cyprus could eventually make up as much as half of all power conveyed to other countries through an electricity cable linking the island’s power grids
Energy Minister Natasa Pilides has assuaged stakeholders’ and MPs’ concerns over serious delays in constructing a liquefied natural gas (LNG) terminal. The project, which has seen its cost rise from €290 mln
