The Republic of Cyprus has secured €40 million from the Just Transition Fund for energy storage facilities, addressing the inflexibility of its electricity system in storing excess energy from
The Cyprus Energy Regulatory Authority (CERA), in cooperation with the Transmission System Operator (TSO) and other energy stakeholders, is working to alleviate competition
The Republic of Cyprus has secured 40 million euros from the Just Transition Fund for energy storage facilities, addressing the inflexibility of its electricity system in storing
By June 2026 at the latest, the distributed energy storage system with a total capacity of 120 MW, which is currently being implemented, will be operational and will function with full
The initiative aims to reduce electricity costs for citizens whilst supporting the country''s green energy transition. Benefits include reduced
Cyprus to Launch First Large-Scale Energy Storage Cyprus will install its first large-scale energy storage system within 16 months to integrate renewables, stabilize the grid, and reduce electricity prices.
As a key country-specific recommendation of the European Semester, it is highly advised that investments from the JTF be directed towards bolstering the energy transmission and distribution
Discover how the innovative energy storage project in Northern Cyprus addresses renewable energy challenges while creating new opportunities for regional growth.
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 storage solutions across
The network of central energy storage systems will be installed “by the State”, MECI said, and they will be owned by the national energy supplier
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