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Next Previous Ch. Papadopoulou: There is no green transition without the EAC HOME • INSIDER • CYPRUS • Ch. Papadopoulou: There is no green transition without the EAC
& nbsp & nbspΧρύσανθος Μανώλη & nbsp; & nbsp;
The transition from conventional production (with fossil fuels) to green energy is a top challenge for Cyprus and from this great effort it is not conceivable that the country's largest energy organization, the EAC, which has the necessary experience and know-how “.
This is the answer given to “Phileleftheros” by the EAC spokesperson Christina Papadopoulou, when she was asked to comment on the draft decision of CERA not to grant it other RES installation permits at this stage.
According to Ms. Papadopoulou, another important goal is to reduce the cost of electricity production. And as he explains, “according to the pricing methodology, as approved by CERA, any reduction in energy costs, it is passed on to the benefit of the consumer. The more RES projects are included in the EAC production mix, the greater will be the reduction in the price of electricity “, as, he reminds, the EAC aims to achieve the minimum profit regulated by CERA.
SEE ALSO: & nbsp; Development of € 70 million by EAC and Archdiocese
He also explains that given the jump in production costs to unprecedented levels “the integration of RES in the production capacity of the EAC is a necessary condition to reduce on the one hand our country's dependence on conventional fuels and on the other to enable stabilization and further reduction of prices electricity at lower levels “.
We called on Ms. Papadopoulou to respond to the position of CERA that the EAC should first implement the licenses for 60 megawatts granted to it and then to discuss the granting of other licenses and she replied that these licenses will be implemented when the wider arduous and time consuming is completed. licensing process by other services. However, he emphasizes that “in the whole of the conventional production, the energy that will be produced by the already licensed RES units of the EAC will be of very low power. Therefore, based on current data, the benefits to the consumer will not be substantial. The EAC “, he added,” responding to its role and mission, has the will and ability to substantially increase its participation in renewable energy sources. ” He added meaningfully: “The organization anticipates that it will not be hindered in an effort with a very significant social benefit.”
The weak player
Elsewhere in her replies to “F”, the EAC spokeswoman said that the energy produced by photovoltaic systems in Cyprus is mainly produced by private producers, while the percentage of the EAC is very small. Therefore, in the current environment of the competitive RES market, the weak player is the EAC and in no case can & nbsp; the issue of obstructing any private initiative be raised “.
Then we asked Ms. Papadopoulou about the problem liquidity faced by the organization due to the huge increases in production costs, about which “F” wrote on Thursday. He confirmed the existence of a liquidity problem, which, according to her, “was estimated to reach marginal levels in a short period of time, in the event that the existing tariffs and the existing fuel clause rates remained in force, so it was deemed necessary to inform the competent bodies. “After the recent decisions of CERA”, the EAC representative concluded, “with which the new prices and the new fuel clause rates will be adjusted soon, it is expected that with the current data there will be no further deterioration of the organization's liquidity”. This, of course, provided that there will be no further increases in fuel prices and greenhouse gas emission rights.
