Renewable Energy describes energy that is produced from replenishable, natural resources such as the sun (Solar Energy), wind (Wind Energy), water (Hydroelectric Power), waves (Tidal / Wave Energy), biomass (Biofuels, Biomass Energy) and energy stored in the earth (Geothermal Energy).
Renewable energy replaces conventional sources - i.e. fossil or nuclear - in the area of power generation, heating and transport fuels.
Renewable Energy Sources (RES) in Cyprus
Fig: Timeline of legislation for the support and promotion of renewable energy sources in Cyprus (source: IRENA)
The Government, in line with European Union Directives and national targets, has set up relevant legislation for the promotion and use of renewable energies.
The target, as set out in the National Action plan, is to have a 13% share of gross energy consumption from RES by the year 2020. The complete text of the National Renewable Action Plan can be viewed here.
For the achievement of these targets, the Republic of Cyprus established a grant scheme for the period 2005 - 2010 which provided for grants for energy conservation and the utilisation of RES, totalling to some 67m€. Subsequent grant schemes were set up and approved by the Council of Ministers.
The Grant Scheme 2013 and the application forms can be downloaded from the website of the Cyprus Institute of Energy of the Ministry of Commerce, Industry and Tourism.
As for the RES power generation in Cyprus, mainly wind and solar energy offer a huge potential and to a smaller degree also biomass.
For more information on the national legislation and the related bodies, please refer to our links.
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