The Cyprus Electricity Authority (EAC) is currently managing projects worth a total of €92 million, co-financed by the EU. These initiatives are part of the “THALEIA 2021-2027” Political Cohesion Program, with the EU covering 70% of the funding.

Major Projects Overview

• Transmission Infrastructure Upgrades (€43 million): This involves the installation and enhancement of transmission substations and other electrical equipment to ensure more reliable power delivery.
• Geographic Information System Expansion (€5 million): The development and expansion of GIS capabilities to improve the management and planning of the electrical network.
• Optical Fiber Network Implementation (€17 million): Integration of optical fiber within the distribution system to enhance communication and data transfer efficiency.
• Distribution System Automation (€27 million): The installation of SCADA/ADMS systems to automate and optimize the distribution network, improving response times and reliability.
• Transmission Line Upgrades (€10 million): Utilizing the reconductoring method to enhance the capacity and efficiency of existing transmission lines.

Strategic Goals

These projects aim to modernize Cyprus’s electrical infrastructure, increase efficiency, and enhance the overall reliability of the power grid. The emphasis on automation and advanced technology integration aligns with broader EU objectives of creating a more resilient and sustainable energy network.

The successful execution of these projects is expected to have a significant positive impact on Cyprus’s energy sector, fostering economic growth and ensuring a more stable power supply. This initiative reflects a strategic commitment to leveraging EU funds to bolster national infrastructure, thereby supporting long-term development goals.