The Cyprus Energy Regulatory Authority (CERA) representatives reported establishing a regulatory framework for energy storage in 2019, followed by market rules approval in 2021. The Cyprus Transmission System Operator has received 13 storage applications totaling 224 megawatts capacity, with eight applications processed and five under review.
AKEL MP Costas Costa characterised Cyprus as “the only country in the world where thousands of megawatt-hours go unused due to lack of centralised green energy storage systems,” adding: “During the day we waste megawatt-hours because we lack storage, and at night we are one step away from blackouts.”
Electricity Authority of Cyprus (EAC) Chairman George Petrou announced ongoing tender processes for installing storage systems at the Dhekelia power station, with company proposals expected by month-end. Industry representatives raised concerns about existing programs.
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The government plans to complete a new energy storage system, along with storage installations at two Electricity Authority of Cyprus (EAC) power plants, by June 2026, …
The government said the three battery energy storage systems are planned to be commissioned by June. EAC’s two power stations are also planned to be equipped with BESS …
The scheme has a competitive character, offering EUR 35 million ($36 million) for the purchase and installation of energy storage units alongside existing PV, wind and biomass …
The scheme has a competitive character, offering EUR 35 million ($36 million) for the purchase and installation of energy storage units alongside existing PV, wind and biomass power plants. …
The Council of Ministers, the executive branch of the Cypriot government, has approved the nation’s funding plan for energy storage systems installed in conjunction with …
Cyprus is facing an unusual energy situation where solar systems are being disconnected during daytime hours due to excess electricity production, despite potential …
Cyprus introduces energy storage subsidy scheme Cyprus’ Ministry of Energy, Commerce and Industry has launched a subsidy scheme for energy storage systems paired …
Cyprus is set to build its first large-scale electricity storage system within the next 16 months, according to Energy Minister George Papanastasiou. This move is key to …
The Ministry of Energy has today published guidelines for its €35 million energy storage scheme, previously approved by the Council of Ministers, aimed at promoting energy …
Cyprus’ Ministry of Energy, Commerce and Industry has launched a subsidy scheme for energy storage systems that can be added alongside existing renewable energy …
Cyprus to launch new energy storage grants for businesses and households in 2025, alongside solar incentives and natural gas projects to cut electricity costs.
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