Energy storage cabinet of nicosia electric group

When was the first energy storage system installed in Nicosia?

The first energy storage system, 30 kW/50 kWh, was connected to the electricity system in Nicosia in 2018. Cyprus became the testing ground for an innovative community project delivered by a German electric utility company Autarsys, where 30 kW/50 kWh was connected to a conventional distribution substation in Nicosia.

What is a 'powerbank' in Nicosia?

There is a drive to increase use of battery systems, to store excess energy and create a ‘powerbank’. The first energy storage system, 30 kW/50 kWh, was connected to the electricity system in Nicosia in 2018.

Is Cyprus ready for full electricity market liberalisation?

Currently, Cyprus is in a transitional step before full electricity market liberalisation, which is being driven by the binding timetable of the Cyprus Energy Regulatory Authority (CERA) to ensure the full opening up of the energy market and granting consumers the right to choose their own supplier.

What is electricity storage facility?

Electricity Storage Facility is defined as the facility where energy is stored and it is connected to the Transmission or Distribution System located in-front- of-the-meter, which can receive operation orders derived from the TSO in case it is registered.

What is energy storage?

‘energy storage’ as the electricity system, deferring the final use of electricity to a moment later than when it was generated, or the conversion of electrical energy into a form of energy which can be stored, the storing of such energy, and the subsequent reconversion of such energy into electrical energy or use as another energy carrier.

Can I install an electricity storage facility without a license?

The installation and/or operation of an electricity storage facility without obtaining a licence from CERA is prohibited, except for electricity storage facilities that operate exclusively for own use. A person who installs and/or operates an energy storage facility, without a license, is guilty of a criminal offense.