Cyprus approves energy storage subsidy scheme
Applications for participation in the scheme will be accepted from January 15, 2025.
Attica-Crete leg of Mediterranean super grid due mid 2025
Greece has grand plans for an interconnector network that runs from the Middle East through to the heart of Europe. pv magazine examines the latest developments on the road to a Mediterranean super grid and what it might mean for the regions involved.
Weekend Read: Upstart vs. incumbent
Electricity market liberalization and private sector development of solar and energy storage in Cyprus continue to be delayed. pv magazine’s Ilias Tsagas looks at why independent power producers are frustrated by electricity curtailment and a lack of market reform.
UK researchers identify optimal heat pump design minimizing system transition costs
Researchers led by the Imperial College London have analyzed the effects different kinds of air-to-water heat pumps will have on the UK energy system, based on their coefficient of performance and price. They also identified a point of diminishing returns, after which it is more cost-effective to invest in centralized energy generation and storage.
Cyprus set to curtail 28% of renewable electricity in 2024
The Transmission System Operator of Cyprus (TSOC) predicts that transmission and distribution grid operators will need to curtail 28% of the nation’s annual green energy production in 2024.
Cyprus launches rebate scheme for rooftop solar
The scheme is expected to help around 6,000 homes install solar panels and will open for applications in February.
TAQA mulls shareholder status in 900 km Greece-Cyprus interconnector
TAQA, an Abu Dhabi-based energy company, has signed a memorandum of understanding to explore the possibility of becoming a shareholder in the €1.9 billion ($3.08 billion) Greece and Cyprus high-voltage direct current (HVDC) electricity interconnection.
Cyprus embraces residential solar, awaits competition
Cyprus has announced a new scheme to increase residential solar deployment and help about 6,000 households to lower their electricity bills. Constant delays in the opening of the national retail electricity market to competition, meanwhile, are costing households millions.
Cyprus starts first nanogrid project
The University of Cyprus and energy developer Ecotricity Holdings have jointly installed a nanogrid system for a single building in Cyprus. The aim is to minimize the site’s energy consumption costs and eliminate the power system’s carbon footprint.
Weekend Read: Curtailment crisis in Cyprus
The typical volume of excess clean power wasted daily on the island has rocketed since last year. With a fossil fuel industry veteran heading the energy department after February’s presidential election, what prospect is there of a green transition?
