Renewable use below EU average

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

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Cyprus surpasses renewable energy targets

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 plays down LNG delays

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

Block 6 development to be speeded up

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

Energy-for-peace potential

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

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Energy efficiency in real estate investment

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

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Energy grid held to ransom

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

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Electricity bills deflate slightly

Cypriot consumers will see their electricity bills deflate slightly as a 2.2% reduction is expected on their December fees, as fuel prices drop internationally. In statements, the Electricity Authority’s (EAC) spokesperson Christina

President pulls out energy card in Germany

The Eastern Mediterranean, including Cyprus, can be an alternative energy source for Europe’s growing needs, President Nicos Anastasiades said in Berlin. Europe’s energy crisis was discussed when Anastasiades met the President of

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