On 11 July 2011 the main power station of Cyprus producing 60% of electricity was damaged in an explosion of stored 98 gunpowder containers at a naval base. The power station needs repair before full operation.
Mtoe = 11.63 TWh. Prim. energy includes energy losses
About 97% of the primary energy use was imported in 2008. However, the European Union RES target (2020) for Cypus is 13% giving Cyprus an opportunity to promote its own energy production and increase its energy independence of export in the near future. According to the national action plan Cyprus expects it will also meet this target.
According to the IEA key ststistics 2010 the Cypriotic energy import in 2008 was 5 TWh higher than the primary energy use. If correct, this corresponds about 18% storage capacity of the annual energy use. There was equal imbalance in 2007.
With feed-in tariff for large wind power plants the Cypriot National Renewable Energy Action Plan targets the largest renewable electricity share from wind power by 2020. Development has been fast: In 2005 there was no wind energy, in 2010 3.4% of electricity. The national target is 6.8% of electricity by 2020. The EU countries average target by 2020 is 14%. A recent scientific article published in Renewable and Sustainable Energy Reviews in 2014 by Prof. Mete Feridun of University of Greenwich in London and his colleagues investigates the long-run equilibrium relationship among international tourism, energy consumption, and carbon dioxide emissions (CO2), and the direction of causality among these variables in. The authors reports evidence that international tourism is a catalyst for energy consumption and for an increase in the level of carbon dioxide emissions in Cyprus.
Solar heating is the usage of solar energy to provide space or water heating. Solar heating per capita in 2010 was the highest in Cyprus of all European countries: 611 W per capita. Corresponding value was in other top EU countries: Austria 385, Greece 253 and Germany 120. In 2010 this capacity was the lowest in the EU, with high unused domestic energy opportunities, in Finland 4, Latvia 3, Estonia 1 and Lithuania 1. Correspondingly the value was in a Scandinavian country Denmark 68.
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. Cyprus introduced net metering as pilot program in 2012. The program concerns selected governmental buildings and a few communities only. Its goal was to gain significant experience and knowledge on how to run the electricity grid using net metering.
The University of Cyprus has announced plans for a second, 10 to 13 MW, solar park and revealed it will lead a €1.3 million research program into the adoption of net metering across the European Union. The UoC will also lead an EU-funded European research program on promoting net metering policies. The university has signed a memorandum of co-operation with the Bishopric of Tamasos and Orini of the Church of Cyprus, to develop a photovoltaic park in the Cypriot capital of Nicosia.
^Katircioglu, Salih Turan, Feridun, Mete and Kilinc, Ceyhun (2014) Estimating tourism-induced energy consumption and CO2 emissions: The case of Cyprus. Renewable and Sustainable Energy Reviews, 29. pp. 634-640. ISSN 1364-0321 (doi:10.1016/j.rser.2013.09.004)