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

zenobe uk blackhillock stability services battery bess storage

First battery in world to provide stability services to TSO, largest battery in Europe is now online

07 March 2025 - United Kingdom-based Zenobē has announced that its battery site, in Blackhillock, Scotland, Europe’s largest, consists of two phases

IEA Battery manufacturing capacity set to triple within five years

IEA: Battery manufacturing capacity set to triple within five years

07 March 2025 - The battery industry is entering a new phase, the International Energy Agency said, pointing to demand surge and the constant price decline

north macedonia guarantees of origin memo rules bozinovska

North Macedonia to start issuing guarantees of origin in April

06 March 2025 - MEMO has adopted the rules for administering guarantees of origin for electricity in line with the Law on Energy

Axpo signs first long term corporate PPA Croatia

Axpo signs its first long-term corporate PPA in Croatia

06 March 2025 - Through its first long-term corporate PPA in Croatia, Axpo will meet the entire electricity demand of Klimaoprema