Talking on Wednesday night at an occasion of HELLENiQ ENERGY for the announcement of the opening of the EKO Vitality Cyprus firm, the President of the Republic averted taking a place on the essence of the impasses he inherited from the earlier Authorities however which proceed throughout his personal Presidency, concerning notably severe points power, content material with normal positions.
Though he acknowledged that “coping with the challenges that come up via power is in the present day for the Republic of Cyprus the primary downside we’ve to face in relation to the way forward for the nation and our nice purpose of strengthening resilience and of the competitiveness of the Cypriot economic system”, the President averted taking a place on the continual delays within the import of pure gasoline, on the seen chance of shedding tens of hundreds of thousands from the EU's sponsorship for the development of the pure gasoline dehydration infrastructure in Vasiliko, the intense divergence of positions with the Greek Authorities and the ADMIE for the Cyprus-Crete electrical interconnection, the massive share of rejection of inexperienced power as a result of absence of storage methods, the a whole lot of hundreds of thousands paid by taxpayers to buy rights to emit greenhouse gases, but additionally the issues prompted to 1000’s of households and companies excessive power prices.
Relating to the massive fiasco of the LNG terminal, Mr. Christodoulidis mentioned that “within the area of standard fuels, as a transitional resolution, we intention to finish the mandatory infrastructure for the arrival of pure gasoline”.
Relating to {the electrical} interconnection, he mentioned that “the Republic of Cyprus is the one EU member state that’s power remoted. So, it's one other enormous power problem that we're working to handle.”
On renewable power, he mentioned that “the promotion, specifically, of renewable power and power effectivity is a central strategic pursuit of our administration,” with none reference to the more and more severe issues of harnessing the power that may be produced from present industrial photo voltaic and wind farms. Throughout March and April, this 12 months, the charges of electrical energy cuts from RES, attributable to low consumption and lack of storage infrastructure, for a lot of days exceeded 70% of the inexperienced power produced by the industrial methods.
