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Cyprus Renewable Power Share Falls To 29.98% In July After Topping 36% In June, Eurostat Says

Cyprus saw the share of renewable energy in its net electricity generation rise to 36.8% in June 2026 before easing to 29.98% in July, according to data released Friday by Eurostat. The monthly figures show a steady climb through spring, with renewables accounting for 34.66% in April and 36.84% in May, followed by a marginally unchanged 36.80% in June and a sharp decline the next month.

European Union Renewables Hold Above 54%

Across the European Union, renewable sources supplied 54.1% of electricity generation in the second quarter of 2026. That was slightly below the 54.3% recorded in the same period of 2025, underscoring both the resilience of the bloc’s clean-energy mix and the variability that remains tied to weather, seasonality and system demand.

Solar Leads The EU’s Clean Power Mix

Solar power was the largest renewable source in the EU during the second quarter, responsible for 41.6% of total renewable electricity output, up from 37% a year earlier. Wind followed with a 27.7% share, while hydropower contributed 22.6%.

Renewable fuels accounted for 7.7% of generation from renewables, while geothermal and other renewable sources made up the remaining 0.4%.

Wide Gaps Across Member States

The data also highlighted substantial differences among member states. Latvia posted the highest share of electricity generated from renewables at 97.7%, driven mainly by hydropower and solar. Denmark followed with 94.3%, led by wind power, while Croatia reached 92.2%, largely on the back of hydropower.

At the other end of the scale, Slovakia recorded the lowest share at 19.8%, followed by Czechia at 20.9% and Malta at 24.5%.

How Eurostat Measures Renewable Electricity

Eurostat noted that the figures refer to the share of renewables in net electricity generation. They should not be confused with the share of renewables in gross final electricity consumption, which is used to monitor progress toward the EU Renewable Energy Directive targets and is calculated using a different methodology.

Cyprus Business Electricity Prices Rank Among The EU’s Highest

Electricity prices for a defined group of non-household consumers in Cyprus reached €0.23 per kilowatt-hour in the first half of 2026, placing the country among the most expensive in the EU, according to Eurostat.

The rate matched Italy and exceeded the EU average of €0.18. Ireland recorded the highest price at €0.27 per kilowatt-hour.

The figures cover non-household consumers with annual electricity consumption of between 500 and 2,000 megawatt-hours, rather than all businesses or households.

EU Electricity Prices Continued To Fall

Across the EU, average prices for this consumer group declined by 2% compared with the second half of 2025 and were 5.4% lower year on year.

The lowest rates were recorded in Finland (€0.09 per kWh) and Sweden (€0.12), followed by Denmark, Spain and Portugal, all at €0.13.

Prices Fell In Most Member States

Electricity prices declined year on year in 19 EU countries during the first half of 2026. Luxembourg recorded the largest fall, at 23.8%, followed by Czechia (11.9%) and Greece (11.8%).

Prices increased in eight member states, led by Sweden (18.8%), Finland (18.7%) and Bulgaria (14.2%). Despite the sharp increases, Finland and Sweden continued to have the lowest electricity prices in the bloc.

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