Economy category powered by

Theopemptou: Wide scope for Cyprus' renewable energy sector development

There is a wide scope for the development of the renewable energy sector in Cyprus, the Chairman of the Parliamentary Environment Committee Charalambos Theopemptou has said.

He was speaking during the 23rd Interparliamentary Meeting of the European Forum for Renewable Energy Sources (EUFORES) held on 27 October in Stockholm, on the climate and energy crisis and the faster transition to renewable energy sources (RES) and energy efficiency.

According to a House press release, Theopemptou chaired a panel on energy transition in the heating and cooling sector, ways to transition to renewables and the phasing out of fossil energy sources.

As stated, during his introductory remarks, the MP said that Cyprus has a wide scope for development in the field of RES and in particular for the further exploitation of sunlight , noting at the same time the exploitation of sunshine in Cyprus for many years through solar thermal systems placed on the roofs of buildings as an alternative green method of heating water, a practice which has started to be used to extensively in recent years in the other EU member states.

Moreover, during the discussion on the use of waste as another form of renewable energy, Theopemptou noted the importance of the alternative way of producing energy from organic waste, such as food waste, as it offers maximum potential for energy production compared to other renewable energy sources, the press release said.

(Source: CNA)

Read More

CBN Young Dragon Awards: Meet the candidates in the Shipping category
CBN Young Dragon Awards: Meet the candidates in the Financial Services category
Siarhei Kostevitch: Cyprus has been ideal as a base for ASBIS's operations
EIB President in Cyprus for inauguration of Bank’s Nicosia office
CBN Young Dragon Awards: Meet the candidates in the Services category
Cyprus supports strengthening of transatlantic ties through positive trade agenda
RoC can become a reliable EU energy arm in East Med, says Energy Minister
Finance Minister and Dutch Ambassador discuss bilateral ties and economy
Cyprus a net recipient of EU funds in '23 says European Court of Auditors member
CySEC chief stresses the need for a Capital Markets Union