Featured in Embracing change – 02-2024

Upstart vs. incumbent

Electricity market liberalization and private sector development of solar and energy storage in Cyprus continue to be delayed. pv magazine’s Ilias Tsagas looks at why independent power producers are frustrated by electricity curtailment and a lack of market reform.

By

Ilias Tsagas

08 Feb 2024

The 3 MW Tseri PV project was completed in 2014. Cypriot energy regulator CERA has licensed 1.9 GW of new projects to be built but there are doubts as to whether many can be constructed due to network congestion and regulatory issues. | Photo: EAC

In December 2023, the head of the Cyprus Energy Regulatory Authority (CERA), Andreas Poullikkas, presented an overview of the country’s energy mix at a local conference. The island’s electricity generation fleet comprised 1.5 GW of conventional facilities (mainly diesel and gas) and 776 MW of renewable energy plants. The country’s state-owned utility, the Electricity Authority …

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