powered_by-logo reporter-logo inbusiness-news-logo GOLD-DIGITAL-EDITIONS

Cyprus Institute launches online platform for Cyprus' competitive electricity market

The Cyprus Institute has launched CyCEM – Insights, a new online platform designed to improve public access to data on Cyprus' competitive electricity market and enhance market transparency.

According to the Institute, the platform brings together publicly available data from all segments of the competitive electricity market, including the Forward Market, the Day-Ahead Market and the balancing markets – the Integrated Scheduling Process and the Real-Time Balancing Market.

The platform provides users with visualisations, summary indicators and structured datasets on electricity prices, trading volumes, the electricity generation mix, the share of renewable energy sources and market balancing. It also allows users to export selected datasets for further analysis.

Speaking at the platform's launch on 24 June, Cyprus Institute Professor Theodoros Zachariadis said CyCEM – Insights addresses a gap in access to official market data and aims to support transparency, data-driven energy analysis and informed public discussion on the development of Cyprus's electricity market.

You can visit the platfrom at https://cycem-insights.cyi.ac.cy/ 

(Source: CNA) 

;