The positions of the Republic of Cyprus on issues related to electricity interconnections, Cyprus’ energy strategy, the EU’s energy independence through the use of national energy sources, and the encouragement of investments in the sector were highlighted by Marios Panagides, Permanent Secretary of the Minister of Energy, Commerce, and Industry, during the recent Informal Council of EU Energy Ministers held in Copenhagen.
According to a press release issued by the Ministry of Energy, in light of the recent energy crisis, geopolitical developments, and the challenges facing the European Union (EU) and its member states, Panagides had the opportunity to exchange views on the design of the EU’s energy system after 2030, the achievement of the EU’s decarbonisation goals, the role of the energy sector in shaping Europe’s digital future, and the existing gaps in energy infrastructure for achieving a unified energy market.
In the context of the 4 and 5 September discussions on the newly established Energy Union Task Force, Panagides focused on system security with regard to critical infrastructure, especially in relation to the supply of components for Renewable Energy Sources (RES) technologies, batteries, and electrolytes. Panagides called for strengthening supply chains by mapping vulnerabilities, diversifying suppliers, and boosting domestic production of critical components.
Finally, according to the Ministry of Energy, during the working lunch, participants discussed the challenges that digitalisation brings to the energy system, as well as the system’s role as a driver of digitalisation. Panagides called for immediate action to address shortages of specialised personnel in both fields, the creation and use of security protocols for the exchange of energy data, and the need for transparency in digital tools (e.g., artificial intelligence tools).
(Source: CNA)
