Electricity

Smart energy solutions on the agenda at Cyprus conference

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March 11, 2015

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March 11, 2015

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Experts discussed smart solutions to energy challenges in Cyprus on March 10, at a high-level conference in Nicosia, European Bank for Reconstruction and Development (EBRD) said. The conference – Smart sustainable energy: International experience and Cyprus – was organised by the Cypriot Ministry of Energy and Industry, the European Commission (through the Support Group for Cyprus), and the EBRD.

The EBRD said it had presented examples of its investments in energy service companies that provide sustainable solutions. It also made a presentation on its small-scale financing for energy efficiency and renewable energy projects for firms and buildings. The bank shared its experience in smart metering, which enhances the efficient use of energy.

The conference included the presentation of Italian smart grids in relation to concrete business opportunities for small and medium enterprises. The Dutch experts talked about smart project experience: local authoritiesʹ efforts, available technology, and experience on implementation. German experts presented smart wind integration in distributed generation, while the participants from Sweden showed how the energy efficiency fund works in their country. The Technical Chamber of Cyprus (ETEK), which also supported the conference, presented its proposals for upgrading the energy efficiency of households.

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