Andreas Poullikkas said the Cyprus Energy Regulatory Authority (CERA) has already approved permits for the generation of 600 megawatts of power from renewable energy sources.
Of these, 300 megawatts have been listed as being eligible for state subsidisation schemes.
What is left now, he added, is for the various government agencies – such as town planning – to quickly process and issue the permits for solar and wind parks.
“Unless some of these projects are implemented, the goal will not be achieved,” the official cautioned.
Cyprus has set a target for 2020 of generating 13% of electricity from renewable energy.
Breaking this down, 2% of the 13% would come from transport, 6% from heating and cooling, and 5% from electricity production.
Regarding the opening up of the electricity market, Poullikkas said CERA has granted licences to 13 suppliers.
The official was in parliament discussing CERA’s budget for 2020, which provides for expenditures of €3.2 million.
Source: Cyprus Mail