Cyprus Faces Energy Strain As Cold Wave Hits: Authorities Call For Power Conservation

by THEFUTURE.TEAM

February 20, 2025

A cold wave sweeping across Cyprus threatens to test the island’s energy infrastructure in the coming days. Chará Kousiappa, spokesperson for the Cyprus Transmission System Operator (TSOC), warned that the country could face serious challenges as energy demand surges.

“It will be a tough situation,” Kousiappa told the Cyprus News Agency. “We’re already seeing very high demand, and we’re continuously assessing the situation. We hope things will go smoothly, but we’re ready to act if necessary.”

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The cold front is expected to hit shortly, with the most critical period for electricity demand falling between 6:00 PM and 9:00 PM—when renewable energy production drops off. During these peak hours, the power supply will be under significant pressure, as several key power units are offline due to scheduled maintenance or technical issues.

TSOC is closely monitoring the situation, and Kousiappa hopes that some of the power units currently under repair at the Dhekelia and Vasilikos stations can be brought back online before temperatures fall. She also emphasized the importance of energy conservation, urging the public to reduce electricity usage during peak hours and shift high-energy tasks, like laundry and dishwashing, to the day when solar power is at its peak.

As Cyprus braces for a difficult few days, authorities are calling on citizens to play their part in ensuring the stability of the island’s power grid.

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EU Goods Trade With Canada Grows In 2025 As Imports Rise Faster Than Exports

by THEFUTURE.TEAM

October 14, 2026

European Union goods exports to Canada increased by 1.2% in 2025 to €48.8 billion, while imports grew by 18% to €33 billion, narrowing the bloc’s trade surplus to €15.8 billion, according to Eurostat.

Despite the faster growth in imports, the EU continued to export substantially more goods to Canada than it imported. The figures point to expanding bilateral trade, with imports gaining ground more quickly than exports.

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Trade Expands Under CETA

EU exports to Canada rose from €48.2 billion in 2024, while imports increased from €28 billion. Overall, bilateral goods trade reached €81.8 billion in 2025.

The growth follows the provisional entry into force of the Comprehensive Economic and Trade Agreement (CETA) in September 2017. Between 2015 and 2017, EU-Canada goods trade grew by an average of 4.7% annually. From 2018 to 2025, its total value increased from €54.2 billion to €81.8 billion, equivalent to average annual growth of 6.1%.

Machinery And Pharmaceuticals Lead EU Exports

Industrial and high-value manufactured goods dominated EU exports to Canada in 2025. Machinery and mechanical appliances topped the list at €9.4 billion, accounting for 19.3% of total exports.

Pharmaceutical products ranked second at €5.5 billion, or 11.2%, closely followed by vehicles, cars, motorcycles and parts at €5.4 billion, representing 11.1%. Electrical machinery and equipment contributed €3.3 billion, or 6.7%, while optical, photographic and medical instruments accounted for €2 billion, equivalent to 4.1%.

Raw Materials And Industrial Goods Drive Canadian Imports

Canada’s exports to the EU were led by raw materials and industrial inputs. Ores, slag and ash formed the largest category, valued at €4 billion and accounting for 12.2% of EU imports from Canada.

Machinery and mechanical appliances followed at €3.8 billion, representing 11.4%. Mineral fuels, oils and distillation products reached €3.1 billion, or 9.4%, while aircraft, spacecraft and parts totalled €2.9 billion, accounting for 8.9%. Pharmaceutical products completed the top five at €1.9 billion, or 5.9%.

A Growing Trade Relationship

Eurostat’s figures show that EU-Canada goods trade continues to expand, although the balance is shifting as imports grow faster than exports. The EU remains a net exporter, while Canada supplies a mix of raw materials, energy-related products and manufactured goods.

The narrowing surplus highlights a more dynamic bilateral trade relationship, with both sides increasing their role in the exchange of industrial products and strategically important goods.

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