Cyprus approves electricity grid storage projects to boost energy
Under the decision, TSOC will install battery storage facilities at three substations: Athalassa (40MW/80MWh), Free Industrial Zone (40MW/160MWh), and Eastern
It also advises the Cyprus Government on developing national strategies for pumped-storage plants and renewable offshore energy. To this end, the project is drafting contract templates and technical specifications in order to implement corresponding projects.
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.
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.”
Cyprus has significant potential to harness green energy at sea - for example, offshore wind energy, meaning through wind power plants at sea, or ocean energy. However, projects using these technologies have not yet been implemented in Cyprus.
The conditions for using floating photovoltaic plants, energy storage and renewable offshore energy in Cyprus have improved. The project examines the feasibility and potential of floating photovoltaic plants in Cyprus. It also advises the Cyprus Government on developing national strategies for pumped-storage plants and renewable offshore energy.
With its Cypriot partners, it identifies obstacles and drafts recommendations for developing floating photovoltaics, pumped-storage plants and offshore renewable energy. In this way, it contributes to protecting the climate and expanding green energy in Cyprus.

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