Cyprus Renewable Energy Law
Cypress creek renewables is powering a sustainable future one project at a time.
Cyprus renewable energy law. Cyprus investments the natural gas resources recently discovered in cyprus are expected to make a substantial contribution to the energy security and development of the region. As the roadmap clearly shows renewable energy could form a major part of the country s future power generation mix. Access of electricity from renewable energy sources to the grid shall be granted according to the principle of non discrimination. It was established in 1945 and today with its popular and widely read website the cyprus mail is among the most.
With feed in tariff for large wind power plants the cypriot national renewable energy action plan targets 6 8 of renewable electricity share from wind power by 2020. All applicants must during the 5 years for which they are obligated to keep. Mete feridun of. The council of ministers during its assembly on the 31 7 2020 has made changes to the current cyprus investment programme affecting applicants as per the 17 18 8 2020.
If you wish to enquire as to whether this country chapter is available in a previous edition of energy in print or pdf format contact us here check availability. Cyprus chapter to energy 2020 does not exists. The discovery of hydrocarbons in cyprus exclusive economic zone has transformed cyprus to an energy hub in the eastern mediterranean. In 2005 there was no wind energy in 2010 3 5 of electricity.
In cyprus electricity from renewable sources is promoted through subsidy combined with a net metering net biling scheme. Cyprus adopted the law on the promotion of renewable energy and energy efficiency in the early 2010s which creates a fund that finances the premium tariff and other costs related to renewable electricity generation. The cyprus mail is the only english language daily newspaper published in cyprus. A recent scientific article published in renewable and sustainable energy reviews in 2014 by prof.
In general the main new terms are as follows. The eu countries average target by 2020 is 14. With regard to the use of the grid renewable energy shall be given priority. Led by an experienced management team we develop finance operate and own utility scale and distributed power plants across the country.