Page 7 - CASA TIMES
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National Progress Toward Clean
Energy
Cyprus is moving steadily toward a
greener and more sustainable future,
supported by major national energy
initiatives and the increasing
environmental awareness of
communities across the island. During
the presentation of the Electricity efficient management of resources.
Authority of Cyprus’ (EAC) 2024
annual report, Energy Minister Giorgos A central focus for 2026 is the Clean
Papanastasiou announced that the Industrial Deal, supported by the
country’s new 120 MW energy storage Affordable Energy Action Plan. These
system will be fully operational by initiatives are designed to speed up
June 2026. He explained that the Europe’s transition to clean, affordable
system will operate transparently green energy, making renewable energy,
under the competitive electricity electrification, and energy efficiency
market and will support the island as it central to future jobs and industries. For
integrates more renewable energy into students preparing for careers in
the grid. engineering, environmental science,
business, or policy, this is a glimpse of
Looking ahead, Papanastasiou the modern, sustainable workplaces they
highlighted that Cyprus will need at will enter—workplaces designed to be
least 600 MW of storage by 2030 to innovative, safe, and environmentally
meet rising energy demands. Because responsible.
Cyprus is an isolated energy system
unable to export excess renewable EAC’s Strategic Focus on Sustainability
power, the need for storage has
become increasingly urgent. At the EAC Chairman George Petrou expanded
same time, he pointed to a worrying on this message, outlining the four main
rise in energy poverty, with 66,700 priorities: tackling climate change,
households — 17.5% of all homes — keeping electricity affordable, ensuring
struggling to pay their bills in 2023, energy security, and delivering high-
compared to 15.1% in 2022. This quality customer service. He stressed
reinforces the importance of long-term that energy storage is essential for
planning, affordable energy, and Cyprus’ future, as it prevents renewable
energy from being wasted and
strengthens the stability of the electricity
network. The EAC is already investing in
major storage projects, while the
Transmission System Operator is
installing three storage systems at key
substations to enhance grid reliability.
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