• Thu. Jul 2nd, 2026

Famagusta Gazette

News From Cyprus

Energy

  • Home
  • Cyprus Electricity Authority Seeks 9% Price Hike Amid Regulatory Concerns

Cyprus Electricity Authority Seeks 9% Price Hike Amid Regulatory Concerns

FAMAGUSTA GAZETTE – The Cyprus Electricity Authority (AHK) has requested approval from the Cyprus Energy Regulatory Authority (RAEK) for a 7.5% increase in electricity prices, plus VAT, bringing the total…

Croatia advances plans for small modular nuclear reactors

Croatia is moving forward with plans to build small modular reactors to address its electricity shortage, Economy Minister Ante Susnjar has confirmed. Susnjar noted that the Nuclear Energy Working Group,…

Türkiye negotiating with foreign companies on nuclear partnership

Türkiye is in discussions with multiple foreign companies as part of the plan to construct its second and third nuclear power plants, according to its energy minister on Wednesday. “We…

Cyprus unprepared for summer energy needs, union official warns

FAMAGUSTA GAZETTE – Cyprus will be “completely unprepared” for energy sufficiency this summer, Marios Papoutis, head of the Electricity Authority of Cyprus’ (EAC) technical employees’ union, warned Monday. Speaking on…

Suez Canal Offers Shipping Discount Amid Industry Uncertainty

FAMAGUSTA GAZETTE- The Suez Canal Authority has introduced a 15% discount for large container ships for 90 days, aiming to restore confidence in the world’s busiest shipping lane after a…

Cyprus Continues Smart Meter Installation in Larnaca Region

FAMAGUSTA GAZETTE – The Electricity Authority of Cyprus (EAC) announced Monday that the mass installation of smart single-phase meters will continue in the Larnaca region until mid-June. Work is underway…

Is the UK’s energy storage growing fast enough?

Victor Becerra, University of Portsmouth Britain’s booming green energy generation has a costly side-effect: the national electricity system operator has had to compensate wind turbine operators that could have produced…

Denmark Begins Construction on CO2 Transit Terminal at Port Esbjerg

FAMAGUSTA GAZETTE – Denmark marked a milestone in its carbon capture and storage efforts this week with the groundbreaking of a new carbon dioxide transit terminal at Port Esbjerg. The…

New roadmap to end EU’s reliance on Russian gas

The European Commission has unveiled a new roadmap to end the European Union’s (EU) reliance on Russian gas by 2027. The REPowerEU Roadmap sets out a phased and coordinated plan…

Israel, Cyprus to Finalize Electricity Cable Deal Under IMEC Plan

FAMAGUSTA GAZETTE – Israel and Cyprus will finalize a deal this year to build an electricity cable linking the two countries as part of the India-Middle East-Europe Economic Corridor (IMEC).…

Famagusta Gazette