A Media event developed and organized by Cypronetwork
At the initiative of the Cypronetwork consultancy group, a meeting with Cyprus Media was successfully held on behalf of a client, in the center of Nicosia for a complete update of the Energy developments in Cyprus.
The Minister of Energy, Commerce and Industry, Mr. George Papanastasiou, welcomed the meeting and proceeded to update the latest developments of the Ministry’s Energy strategy. Mr. Papanastasiou mentioned, among other things, that the energy system of Cyprus is currently in a process of complete restructuring and reformation, with the focus being to operate a competitive electricity market.
The minister continued to mention about the developments in the important technological field of photovoltaic systems, in combination with the energy crisis, but also with the improved Grant Schemes of the Ministry for production from RES for private consumption, through net-metering and net-billing, as well as virtual net -metering and net-billing, encouraging more and more consumers to proceed with the installation of a photovoltaic system.
Then, the CEO of the Green Energy Group, Mr. George Georgiou, presented Cyprus’ facts regarding the achievement of the 2030 energy goals and the challenges the sector is facing. He highlighted the need for all stakeholders to contribute and work together to achieve the 2030 goals.
Of particular concern are the RES cuts and the percentage of pollutants for which the consumer is indirectly asked to pay a fine.
In closing, Mr. Georgiou emphasized that without the appropriate infrastructures for energy storage and readjustment of the energy targets, RES investments are at risk, which will significantly affect the non-achievement of the energy targets with serious economic consequences for all the citizens of our country.
The COO of the Group, Mr. Charalambos Kyriakou, presented the solutions that exist to address the challenges. With many years of experience in RES issues and vice-president of SEAPEK, Mr. Kyriakou pointed out the benefits of the smart grid, self-consumption through energy storage and the increase in capacity of regional substations. He emphasized the importance of support from third parties such as the state, EAC and financial institutions.
Mr. Thanasis Sakkas, commercial director of the GOODWE company in Europe and Africa, informed the media representatives about the current energy storage practices and challenges in Greece and Europe. Mr. Sakkas provided important information on how storage issues are handled in Europe as well as the outlook for further development.
The presentations were completed with the one of Mrs Rupina Louka Asimenou, Marketing Director of the Green Energy Group. Mrs Asimenou presented the integrated solutions offered by the Green Energy group to private, commercial consumers and for photovoltaic parks. Mrs. Asimenou also presented the new corporate identity and parameters of the Group’s strategy, which indicates the commitment to integrated solutions in the Cypriot market in the Energy sector.
The constructive dialogue has contributed to the reliable information received by the media and the communication of messages of solutions for further penetration and development of RES in Cyprus.