https://knews.kathimerini.com.cy/en/news/us-to-pay-nearly-$1-billion-to-kill-wind-project-just-as-oil-prices-skyrocket
In an almost too ironic twist, the Trump administration announced it will pay French energy giant TotalEnergies nearly $1 billion to scrap plans for offshore wind farms on the US East Coast, just as global oil and gas prices spike due to the conflict in Iran....
https://knews.kathimerini.com.cy/en/news/panic-buying-hits-supermarkets-as-middle-east-tensions-continue
Panic buying swept through Cyprus’ retail market at the start of the week, as anxious consumers rushed to supermarkets amid growing tensions in the Middle East and reports of attacks near the British bases at RAF Akrotiri....
https://knews.kathimerini.com.cy/en/news/unions-warn-cyprus-faces-power-and-water-shortfalls-without-urgent-action
Cyprus could face serious shortages of both electricity and water, including possible power outages, if authorities do not act quickly, trade unions at the Electricity Authority of Cyprus (EAC) have warned....
https://knews.kathimerini.com.cy/en/news/lawmaker-sounds-alarm-over-harmful-smokestack-emissions-at-dhekelia-plant
Toxic emissions that can harm human health are still billowing from the smokestacks of Cyprus’ Dhekelia power station after years of missed deadlines and repeated grace periods, a lawmaker warned Thursday, accusing authorities of letting the problem drag on while nearby residents pay the price....
https://knews.kathimerini.com.cy/en/news/new-generators-for-dhekelia-now-expected-in-2030
Plans to upgrade the Dhekelia power station have been pushed back again, with the Electricity Authority of Cyprus (EAC) now saying the three new generation units intended for the site are unlikely to arrive before 2030....
https://knews.kathimerini.com.cy/en/business/the-electricity-market-is-open-so-why-are-cypriots-still-paying-so-much
Cyprus has officially opened its electricity market to competition. On paper, that should mean more choice, more transparency, and, eventually, lower prices. In reality? Consumers are still waiting to feel any real relief in their bills, and the system itself is under growing strain....
https://knews.kathimerini.com.cy/en/business/a-new-player-in-cyprus-electricity-market
The Association of Electricity Supplier Representatives (SEPIE) officially launched today, stepping onto Cyprus’ energy stage at a pivotal moment as the island moves toward a modern, competitive electricity market....
https://knews.kathimerini.com.cy/en/news/byd-grabs-one-third-of-cyprus-ev-market-in-just-five-months
Cyprus’ shift to electric cars is picking up speed, with new data showing more drivers making the switch. ...
https://knews.kathimerini.com.cy/en/news/smart-meter-rollout-speeds-up-across-cyprus
Cyprus’ smart-meter upgrade is moving into high gear this month, as the Electricity Authority (EAC) pushes ahead with mass installations across all districts, the next major phase in a nationwide rollout Knews first reported earlier this year....
https://knews.kathimerini.com.cy/en/news/cyprus-pushes-for-electricity-links-to-strengthen-regional-influence
Cyprus is taking bold steps to establish itself as a key player in the Eastern Mediterranean energy scene, President Nikos Christodoulides said Tuesday at the 13th Energy Symposium. ...
https://knews.kathimerini.com.cy/en/news/u-s-eyes-role-in-reviving-cyprus-greece-electricity-link
New developments suggest that U.S. investors may play a bigger role in the stalled electricity interconnection between Cyprus and Greece, known as the Great Sea Interconnector (GSI), potentially reshaping the project’s economic and geopolitical landscape....
https://knews.kathimerini.com.cy/en/business/low-demand-and-lack-of-storage-forcing-cyprus-to-cut-solar-power-output
As Cyprus heads into winter, some households have already begun experiencing cuts to their photovoltaic (PV) system output....
https://knews.kathimerini.com.cy/en/news/eu-tells-turkey-respect-cyprus-or-forget-progress
The European Commission has again urged Turkey to meet its long-ignored obligations toward Cyprus, warning that Ankara’s push for a “two-state solution” only undermines UN efforts for reunification....
https://knews.kathimerini.com.cy/en/business/pollution-costs-push-power-prices-over-€200-million
The cost of carbon emissions tied to electricity generation has already surpassed €200 million this year, a figure that continues to climb as carbon prices remain higher than in 2024....
https://knews.kathimerini.com.cy/en/news/christodoulides-he-clearly-doesn-t-know-who-he-s-dealing-with
A new round of tension has erupted between Athens and Nicosia over the ambitious undersea electricity cable meant to connect Greece, Cyprus, and Israel, known as the GSI Interconnector, after a report suggested Greece’s power grid operator had challenged a funding decision by Cyprus’s energy regulator....
https://knews.kathimerini.com.cy/en/business/the-energy-market-has-opened-but-power-prices-haven-t-budged
A study by The Cyprus Institute, commissioned by the Ministry of Energy, suggests that electricity bills could be up to 20% lower if natural gas were used today for power generation....
https://knews.kathimerini.com.cy/en/business/inside-cyprus-new-power-market-who-s-in-and-how-prices-will-be-set
Cyprus formally opened its competitive electricity market Wednesday, a milestone in the country’s effort to liberalize the energy sector and give consumers more freedom to choose how they buy power....
https://knews.kathimerini.com.cy/en/news/net-metering-applications-open-through-year-end-energy-minister-says
Applications for Cyprus’ net metering program for rooftop solar panels will be accepted until the end of the year, said Energy Minister George Papanastasiou....
https://knews.kathimerini.com.cy/en/news/von-der-leyen-vows-to-end-cyprus-s-electricity-isolation
European Commission President Ursula von der Leyen announced plans to address critical energy bottlenecks, including Cyprus’s limited electricity links to continental Europe....
https://knews.kathimerini.com.cy/en/business/cyprus-launches-competitive-electricity-market-on-october-1
The Cypriot government will open a competitive electricity market on October 1, 2025, aiming to provide citizens and businesses with more affordable and reliable power while accelerating the island’s shift toward renewable energy....
https://knews.kathimerini.com.cy/en/news/greece-to-cyprus-make-up-your-mind-on-energy-link
Greece is pressing Cyprus to make up its mind about a major electricity project linking the island to Greece and Israel, after Cypriot Finance Minister Makis Keravnos publicly questioned whether the multibillion-euro plan is financially viable....
https://knews.kathimerini.com.cy/en/news/cyprus-minister-calls-power-cable-‘unsustainable-sparking-pushback-from-athens
Cyprus’ finance minister set off a storm this week after questioning whether a long-delayed electricity link between Cyprus, Greece, and Israel can actually work under current terms....
https://knews.kathimerini.com.cy/en/business/cyprus-sets-record-for-wasted-solar-energy-in-2025
Cyprus is wasting record levels of solar energy this year, even as rolling blackouts last week left homes and businesses without power during a heatwave....
https://knews.kathimerini.com.cy/en/business/lawmakers-demand-faster-action-on-energy-storage-as-costs-and-uncertainty-persist
Last week’s electricity outages have put the government under intense scrutiny, with critics blaming poor management of the country’s power system....
https://knews.kathimerini.com.cy/en/news/cyprus-in-the-dark-as-power-cuts-expose-decades-of-delayed-planning
Residents across Cyprus experienced micro power cuts this week, highlighting the long-standing issues in the island’s electricity system and the urgent need for long-term planning, energy experts say....
https://knews.kathimerini.com.cy/en/business/government-cuts-out-locals-in-€35m-energy-deal-ahead-of-electricity-market-opening
Just months before Cyprus opens up its electricity market to real competition, a government decision to hand a €35 million energy storage project to the state has sparked a fierce backlash from private investors, many of whom have been stuck in limbo for years....
https://knews.kathimerini.com.cy/en/news/eac-expands-smart-meter-installation-across-cyprus
The Electricity Authority of Cyprus (EAC) announced that beginning Wednesday, July 9, it will continue its large-scale rollout of smart electricity meters across several regions of the island, a move aimed at modernizing the country’s power grid....
https://knews.kathimerini.com.cy/en/business/cyprus-considers-electricity-bill-surcharge-to-fund-€25-million-energy-project-payment
Cyprus is preparing to impose a temporary surcharge on electricity bills to fund a €25 million payment requested by Greece’s Independent Power Transmission Operator (ADMIE) for the Cyprus-Greece electricity interconnection project, energy officials told Parliament on Tuesday....
https://knews.kathimerini.com.cy/en/business/cyprus-hits-highest-power-use-of-the-year-and-it-s-still-climbing
Electricity use across Cyprus hit a new high for this year during the lunchtime hours on Monday, as homes and businesses cranked up air conditioning to cope with the summer heat....
https://knews.kathimerini.com.cy/en/news/cyprus-pressured-to-pay-for-stalled-power-cable-project
Cyprus is under growing pressure from both Greece and Brussels to commit funds to the delayed Cyprus-Crete electricity cable project, despite serious concerns over its viability and geopolitical risks in the region....
