News

Cyprus has role in energy supply to European Union

Published

January 12, 2016

Comments

comments icon

0

Share

Published:

January 12, 2016

Comments:

comments icon

0

Share

This is the year for delivering the Energy Union and Cyprus can play an important regional part, said Maroš Šefčovič vice president of the European Commission, responsible for the Energy Union. “We need a better energy community, we need to look at energy in a different way,” Šefčovič stressed at a press conference in Nicosia at the end of his two-day working visit, portal In-Cyprus reported. Cyprus might be an island, but it doesn’t have to be an energy island, he said.

He said the Eastern Mediterranean is seen as very important for energy security of the block and that the island country will participate in its development. Šefčovič said the government is dedicated to enlarging the share of renewable energy to meet targets for 2020. He underscored sunny countries like Cyprus and Europe in general can lead in energy from sun and wind, and that innovations are crucial to promote „smart financing for smart buildings.”

Šefčovič met president Nicos Anastasiades, responsible ministers and representatives of parliamentary groups for energy, trade, industry, foreign and European affairs.

Related Articles

croatia star energy enna geo geothermal projects

British Star Energy sells three geothermal projects in Croatia

30 April 2026 - The transaction releases EUR 5.2 million of restricted cash and removes future capital commitments arising from licences, the company said

Energy transition as systemic transformation Siemens Energy Lazar Mijic interview

Energy transition as systemic transformation

30 April 2026 - We spoke with Lazar Mijić, Head of Global Business Strategy in the business area Transformation of Industries at Siemens Energy, about where the region currently stands on the map of global energy transition

Greek government sees PV losses from zero prices as informal support for consumers

Greece frames solar power’s zero prices as informal consumer support

30 April 2026 - The Greek government is reluctant to remunerate photovoltaic producers for their high losses from zero or negative hourly wholesale prices

bih croatia south interconnection pipeline intergovernmental agreement three seas kristo plenkovic

BiH, Croatia sign agreement on Southern Gas Interconnection

29 April 2026 - Bosnia and Herzegovina and Croatia have signed an intergovernmental agreement on the construction of the Southern Gas Interconnection