Cyprus Energy Regulatory Authority (CERA) announced the approval earlier this week (18 June) of three projects which will be owned and operated by the Cyprus
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Get PriceCyprus’s electricity regulator has approved plans to install 400MWh of battery energy storage system (BESS) projects in the Mediterranean island country. Cyprus Energy Regulatory Authority (CERA) announced the approval earlier this week (18 June) of three projects which will be owned and operated by the Cyprus Transmission System Operator (TSOC).
Image: Cyprus government / MECI. Cyprus’s electricity regulator has approved plans to install 400MWh of battery energy storage system (BESS) projects in the Mediterranean island country.
The country is also seeking to develop pumped hydro energy storage (PHES) capacity with technical assistance from the European Commission (EC) and is formulating a National Hydrogen Strategy. Cyprus's electricity regulator has approved plans to install 400MWh of battery energy storage system (BESS) projects.
In a keynote address to open a conference on energy storage and hydrogen in March, George Papanastasiou of the Ministry of Energy, Commerce and Industry (MECI) noted that Cyprus faces a “unique set of energy challenges, which require tailored solutions.”
The strategy is built on three pillars aimed at transforming Cyprus into an energy hub. The first pillar is the rapid establishment of a liquefied natural gas (LNG) import terminal for power generation.
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