How does electricity work in Cyprus?

Electricity in Cyprus is managed by the Electricity Authority of Cyprus. Power is primarily generated at three fuel oil-burning stations but the use of distributed renewable energy is expanding. About 97% of the primary energy use was imported in 2008.

How many photovoltaic systems are there in Cyprus?

The number of photovoltaic systems in Cyprus rose by 66% in the year to July 2023, to over 45,000, with a capacity of 256 MW, the systems being used by each customer, including commercial, to reduce their electricity bill through an agreement of net-metering.

How can photovoltaics be developed in Cyprus?

In 2011 the Cypriot Energy Regulatory Authority (CERA) announced a number of steps aimed at facilitating development of photovoltaics in Cyprus. Among them is the large-scale application of net metering. CERA aims to reduce electricity prices for the households where net metering is applied, via fuel saving and carbon dioxide reduction.

How much does a photovoltaic system cost in Cyprus?

The United Nations Development Programme (UNDP) in Cyprus installed a 15 KW photovoltaic system at its offices. The park cost US$30,000 and is now connected to the grid. In 2011 the Cypriot Energy Regulatory Authority (CERA) announced a number of steps aimed at facilitating development of photovoltaics in Cyprus.