Cyprus will begin implementing renewable energy storage systems in 2026 at the earliest, Energy Minister George Papanastasiou announced during parliamentary discussions
The Cyprus Department of the Environment has approved the construction and operation of a modern energy storage facility with a capacity of 59 MW and a storage capacity
Cyprus'' Ministry of Energy, Commerce and Industry has launched a subsidy scheme for energy storage systems paired with existing renewable energy plants.
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A C& I (Commercial and Industrial) energy storage system is an energy storage solution designed for commercial and industrial applications, such as factories, office buildings,
Cyprus is set to build its first large-scale electricity storage system within the next 16 months, according to Energy Minister George Papanastasiou. This move is key to
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CERA said there is further scope for private investment into energy storage systems which would operate on a commercial basis. The facilities are scheduled to be in

Cyprus’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 Cyprus Energy Regulatory Authority (CERA) representatives reported establishing a regulatory framework for energy storage in 2019, followed by market rules approval in 2021. The Cyprus Transmission System Operator has received 13 storage applications totaling 224 megawatts capacity, with eight applications processed and five under review.
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.
AKEL MP Costas Costa characterised Cyprus as “the only country in the world where thousands of megawatt-hours go unused due to lack of centralised green energy storage systems,” adding: “During the day we waste megawatt-hours because we lack storage, and at night we are one step away from blackouts.”
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.”
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