The energy future of Cyprus and the wider Eastern Mediterranean region, the green transition, as well as regional cooperation on energy issues were some of the main topics developed during the "1st Cyprus-Greece workshop on energy regulatory issues", which took place on Wednesday 29 June 2022 at the Radisson Blu Hotel in Larnaca.
According to today's announcement by RAEK, the workshop was organised by the Cyprus Energy Regulatory Authority (RAEK) in the context of the renewal of cooperation between the Independent Regulatory Authorities of Cyprus and Greece, based on the Memorandum of Understanding signed between the two countries for the first time in 2012.
The meeting was attended by the Minister of Energy, Trade and Industry, Mrs. Natasha Pilidou, and was attended by the Members of RAEK and RAE, representatives from the Mediterranean Energy Regulators (Egypt and Israel) as well as representatives from the Cyprus Transmission System Operator (TSO) and the Distribution System Operator (DSO). Also present were academics, technocrats, representatives of national organizations and other stakeholders related to the energy sector, who had the opportunity to learn about Cyprus' energy future.
In his opening welcome speech, the President of RAEK Dr. Andreas Poullikkas stressed that Cyprus is a key point on the international energy map and given its geostrategic energy position, it becomes a key pillar in the energy security of Europe. He also mentioned that Cyprus is called upon to play a catalytic role in the energy events in the wider Eastern Mediterranean region and therefore it is necessary to upgrade and intensify its initiatives for cooperation on energy regulatory issues and to implement the important agreements with the neighbouring countries of Greece, Egypt and Israel.
In his turn, the President of RAE Greece, Associate Professor Athanasios Dagoumas, welcomed the participants and underlined the strategic role of Greece as the "energy gateway" of the Balkans, especially in the current context, where we are experiencing the Russian invasion of Ukraine.
In this context, he highlighted the energy interconnection projects to be built in the Eastern Mediterranean region.
Source: CNA
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