Cyprus to deploy renewable energy storage systems starting
Cyprus will begin implementing renewable energy storage systems in 2026 at the earliest, Energy Minister George Papanastasiou announced during parliamentary discussions
Cyprus will begin implementing renewable energy storage systems in 2026 at the earliest, Energy Minister George Papanastasiou announced during parliamentary discussions
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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
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The US-based Pomega Energy Storage Technologies, specialising in lithium iron phosphate battery production, will install a 62-megawatt (MW)/104-megawatt-hour (MWh) battery energy
The US-based Pomega Energy Storage Technologies, specialising in lithium iron phosphate battery production, will install a 62-megawatt (MW)/104-megawatt-hour (MWh) battery energy
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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.