Energy storage is a key tool for reducing electricity costs and making better use of renewable energy generation, the Electricity Market Association said on Monday, expressing concern over delays in the issuance of Grid Connection Terms by the Distribution System Operator (DSO).
In a statement, the association said one of the most significant challenges facing Cyprus’ electricity system today is the curtailment of renewable energy production, particularly from solar power.
Large-scale solar output continues to be curtailed
According to the association, curtailments at large photovoltaic parks reached 66% in April alone.
It also said that between 1 January and 31 May this year, the amount of electricity lost from residential solar systems would have been enough to supply around 7,500 households for an entire year.
The association explained that curtailments occur because electricity generated by photovoltaic systems exceeds either demand or the capacity of the electricity grid to absorb it.
“As a result, clean and affordable energy is effectively wasted. This is precisely where the value of energy storage becomes evident,” the statement said.
Benefits extend to households and businesses
The Electricity Market Association stressed that the benefits of energy storage go beyond improving the operation of the electricity system.
It said combining photovoltaic systems with battery storage allows households and businesses to use a greater share of the electricity they generate themselves, reducing reliance on the grid and helping lower electricity bills.
Delays discourage investment
The association argued that progress on energy storage in Cyprus remains slow due to lengthy procedures and bureaucracy.
It specifically raised concerns over delays in the issuance of Grid Connection Terms by the Distribution System Operator, which operates under the Electricity Authority of Cyprus (EAC).
According to the statement, these delays raise legitimate concerns about the transparency and efficiency of the approval process.
The association warned that prolonged delays discourage investments worth millions of euros, limit the use of more affordable renewable energy, perpetuate market distortions and ultimately increase costs for consumers.
Source: CNA
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