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
Development of natural gas deposits in Block 6 licensed to consortium Eni-Total in Cyprus’ exclusive economic zone will proceed faster, Energy Minister Natasa Pilides said. Pilides accompanied France’s Total vice president Laurent
As the energy crisis deepens and the omens for 2023 are not good on the supply front, much soul-searching is now taking place among politicians, Eurocrats and energy analysts. In the aftermath
Despite the election rhetoric about energy being a catalyst towards resolving the Cyprus problem, recent developments, especially during the past year, suggest that perhaps it is the only key to finding a
The European Insurance and Occupational Pensions Authority (EIOPA) has released a discussion paper on proactively managing sustainability risks, focusing on the real estate sector. The paper highlights the crucial role that real
Union-led workers at the Electricity Authority of Cyprus do not seem to have understood the free-market concept of competition. Instead, they are again manipulating the pre-election period to push through selfish demands
