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        • The Transmission and Distribution Rules
           
          1. Address the technical requirements and constraints that will be applied by licensees whenever they wish to be connected to the transmission system and / or to the distribution system or to use the transmission system or distribution system for the transportation of electricity;
          2. Ensure that the technical conditions which are applied to licensees wishing to connect or use the transmission system or distribution system do not create unjustified discrimination against licensees;
          3. Promote efficiency, reliability and economy in the use and development of the transmission system and distribution system.

          The provisions of the Transmission and Distribution Rules are complied with by all license holders or exempted persons to the extent required by the permits or exemptions, respectively.

          The Transmission and Distribution Rules can be found in the Legislation section, in the Rules / Electricity category.
        • Transmission System is the system consisting mainly of high voltage power lines and used for the transmission of electricity from a plant to a substation or another plant or between substations.

          The Cyprus Energy Regulatory Authority (CERA) approves and revises the process and charging policy of the Transmission System as well as network usage fees. Also, CERA's responsibility is to approve, issue instructions and request a review whenever it deems necessary to the Transmission Rules.

          The Cyprus Transmission System Operator (CTSO) is the Management Unit of the Transmission System, that was established pursuant to Article 58 and is responsible for the Transmission System as provided in Articles 62 and 63 of the Electricity Market Regulation Act.

          The Transmission System Owner (TSO) is the EAC as the owner of the transmission system.

          For more information on the Transmission System, please visit the Cyprus Transmission System Operator (CTSO)
        • Distribution system is the system consisting mainly of medium and low voltage power lines and used to distribute electricity from production units or other entry points up to the point of delivery to customers or other users. Also, the Distribution System includes any electrical equipment belonging to the 
          Distribution System Operator.

          The Cyprus Energy Regulatory Authority (CERA) approves and reviews the process and the charging policy with the Distribution System as well as the network usage fees. Also, CERA is responsible for approving, giving instructions and requesting a review, whenever it deems necessary, by the Distribution Rules.

          The Distribution System Operator (DSO) is designated by the EAC and is responsible for the operation, maintenance and development of the distribution system.

          Distributor System Owner (IMS) means the EAC as its owner of the distribution system.

          For more information on the Distribution System visit the Electricity Authority of Cyprus (EAC) website.
        • Producers with a connection power requirement of more than 8 MW or Customers (Consumers) with a connection power demand of more than 12 MVA

          Under the applicable Transmission and Distribution Rules, Generators with a requested connection power greater than 8 MW or Customers (Consumers) with a requested connection power greater than 12 MVA, interested in connecting to the Transmission/Distribution System, need to submit a Connection Request to the Cyprus Transmission System Operator (CTSO).

          Cyprus Energy Regulatory Authority (CERA) in its decision 821/2012 dated at 30/11/2012, approved the "Procedure for the Connection Agreement between the TSO and the Applicant (Producer / Customer)" and the "Basic Principles of Billing Policy for Connections to the System of Transmission and Distribution of RES Producers, Conventional Producers and Customers ", with effect from 01/01/2013. These texts include several elements concerning the Capital
          Expenditure of the Connection, as well as other financial obligations of the Applicant.

          For more information on New Connections in the Transmission System , please visit the Cyprus Transmission System Operator (CTSO).

          Producers with a requested connection power of up to 8 MW or Customers (Consumers) with a requested connection power of up to 12 MVA

          Under the applicable Transmission and Distribution Rules, Producers with a requested connection power of up to 8 MW or Customers (Consumers) with a requested connection power of up to 12 MVA, interested in connecting to the Transmission/Distribution System, need to submit a Connection Request to the Distribution System Operator (EAC).

          CERA, through the Regulatory Decision 03/2013, decided to approve the new EAC Charge Policy for Connection to the Distribution System. This regulatory decision can be found in the Legislation section.

          For more information on New Connections in the Distribution System visit the Cyprus Electricity Authority (EAC) website
        • Tariffs for the use of the Transmission System, use of the Medium Voltage Distribution System, use of the Low Voltage Distribution System, the Tariff for the Recovery of the Costs of the Cyprus Transmission System Operator and the Tariff for the Provision of Ancillary Services and Long-Term Reserve

          CERA, with the Regulatory Decision no. 02/2015 Statement of Regulatory Practice and Methodology of Electricity Tariffs, Κ.Δ.Π. 208/2015, issued the Calculation Methodology of the tariffs related to the use of the Transmission and Distribution Network, the recovery of the expenses of the CTSO and the provision of ancillary services and long-term reserve. By Decision No. 97/2017, CERA approved the amount of these tariffs, which are part of the final Supply Tariff, and approved their recovery through energy pricing. By Decision No. 15/2021, CERA approved the amount of these tariffs for the year 2021.

          The Regulatory Decision No. 02/2015 can be found under Legislation.

          Decision No. 97/2017 can be found in the Decisions section.

          For the complete table of tariffs related to the Transmission and Distribution System, with effect from 1st January 2021, please click on the link below.
          Cost of Use Table
          Show More...
        • In order to participate in the Electricity Market a prerequisite is the possession of a permit in accordance with articles 34 and 35 of the Electricity Market Regulations and the associated licensing Regulations. More information about licensing can be found in the Licensing section.

          The following parties are currently participating in the Electricity Market:
          • Manufacturers with Thermal Units
          • Producers with RES Stations
          • Retailers

          According to the Regulatory Decision "The Detailed Planning of Diversification of the Framework for Regulating the Operation of the Electricity Market of Cyprus", the following parts will contribute to the new Electricity Market regulation:
          • The Cyprus Transmission System Operator (CTSO)
          • The Market Officer
          • The Distribution System Operator (DSO)
          • Producers with:
            • Thermal units connected to the Transmission System or
            • Thermal units connected to the Distribution System with a rated installed capacity of more than 5 MW or
            • RES stations operating outside of National Sponsoring Plans
          • Aggregators for RES stations operating outside National Grant Schemes (with a maximum limit of 20MW in the total RES size they can serve)
          • Retailers
          • Wholesalers
          • Resolving Imbalances
          • Officers
          In addition to the CTSO, the Market Operator and the DSO, all other parties are collectively referred to as market participants.
          • The Electricity Market Rules
            1. Govern the mechanisms, pricing and other terms and conditions that apply when license holders purchase or sell electricity in accordance with the arrangements made by the CTSO;
            2. Ensure that license holders who are required to participate in the purchase and sale of electricity on the basis of these arrangements will not be subjected to discrimination;
            3. Promote efficiency and economy and facilitate competition in the market and sale of electricity on the basis of these arrangements.The Electricity Market

            Rules shall be complied with by all license holders or exempted persons, to the extent that is required by their permits or exclusions.

            The Electricity Market Rules are in the Legislation section, in the Rules / Electricity category
          • The members of the Cyprus Energy Regulatory Authority (CERA) decided to adopt a relevant study, prepared by an external consultant of CERA with the title "The new regulations in the electricity market of Cyprus" for the detailed planning of diversification of the framework for regulating the operation of the electricity market of Cyprus, and issue this regulatory decision.
             
            The Regulatory Decision is referred to as "the Detailed Planning of Diversification of the Framework for Regulating the Operation of the Electricity Market of Cyprus", which has been posted on the CERA website and, among others, it has also been published in the Official Newspaper of the Republic of Cyprus as RAA 164/2015, dated at 15 May 2015.
             
            Also, according to the above regulation, CERA has instructed the CTSO to proceed as soon as possible to the preparation of the specification for the supply of the required systems and other arrangements necessary for the orderly functioning of the electricity market as soon as possible. It has also instructed the CTSO to activate the actions required by law to develop new electricity market rules and to review, where appropriate, the transmission and distribution rules to fully implement this regulatory decision.
          • Producers is any natural or legal person who produces electricity in accordance with the ordinances of the Electricity Market Regulation.

            At this stage there are licensed producers with Thermal Units and with RES Stations. A list of licensed producers can be found in the Licensing Archive.

            The obligations of the producers are defined, inter alia, by the Electricity Market Regulations, the Licensing Regulations, the Electricity Market Rules, the Transmission and Distribution Rules and the conditions under their licenses are granted.
          • Procurement means the sale and resale of electricity to customers and Supplier is the person who holds a license in accordance with Article 34 of the Electricity Market Regulation. 

            Currently the licensed supplier is the Electricity Authority of Cyprus (EAC). 

            The obligations of the suppliers are defined, inter alia, by the Regulations of Electricity Market Law, the Licensing Regulations, the Electricity Market Rules and the conditions under which they are licensed. More information can be found for the following obligations:
             
            • Pricing 
            • Revelation of the Energy Mixture 
            • Performance Indicators 
            The EAC is the ultimate supplier according to the Article 106 of the Electricity Market Regulation. 
          • According to the Regulations of the Electricity Market Law, all tariffs and charges for the services provided by the Law reflect the cost of providing these services, and the Cyprus Energy Regulatory Authority (CERA) sets out the principles and procedures for setting tariffs and connection chargers and for the use of the transmission and distribution system. 
             
            On 19/06/2015 the Regulatory Decision 02/2015 Regulatory Practice Statement and Methodology of Electricity Tariffs was published, KDP. 208/2015. This regulatory decision can be found in the Legislation section. The aim of revising the Regulatory Practice Statement and Methodology of Electricity Tariffs is to harmonize it with the best / optimal practices in Europe, and the most rational way of calculating allowable revenues and, therefore, electricity market pricing. The purpose of the Regulatory Practice Statement and Methodology of Electricity Tariffs is to regulate: 
             
            • how CERA will determine the permitted revenue for each regulated activity, and 
            • how to set the regulated pricings. 
            The primary objectives of the regulation of pricing are to maximize the long-term competitiveness of the Cypriot economy, to protect consumer interests in the short and long term against monopolistic prices, to serve public benefit obligations, to secure energy supplies and to promote energy efficient and quality services provided by licensees. Tariffs are determined on the basis of a methodical and consistent application of the principles contained in the methodology and the price proposals and decisions are based on substantiated data and formed after thorough stakeholder consultation. 
             
            EAC, with instructions from CERA, is in the process of revising its pricing on the basis of the revised Methodology of Electricity Tariffs, aiming at the introduction of new tariffs in March 2017. 
          • Energy Sources Contribution to Total Fuel Mixture 

            The Revelation of the Energy Mixture is necessary in accordance with Article 91 (1) (d) of the Regulation of Electricity Market Laws. According to the Law, consumers have the right to provide information from suppliers on the contribution of each energy source to the overall fuel mix. 

            According to the Decision of the Cyprus Energy Regulatory Authority (CERA) 1279/2015, suppliers are obliged to make the energy mix public in their consumer accounts and other informational material they distribute to consumers. Through the disclosure of the energy mix, consumers have the ability to choose the supplier that best meets their environmental sensitivities. The period for the publication of these data shall begin from 1 July of the year X + 1 until 30 June of year X + 2. 

            Additionally, suppliers should publish the environmental impacts of their electricity production to consumers. 

            CERA, by its decision dated May 28, 2015, approved a Methodology for Computing the Cyprus Electric Energy Mixtures and Suppliers Mixture as well as a Technical Manual relevant to the process of Computing the Energy Mixture of the Electricity of Cyprus and the Suppliers, and the Disclosure of the Supplier’s Energy Mixture of Electricity. 

            According to the procedure, the only evidence of the origin of the electricity is the Guarantees of Origin. The disclosure process is under the supervision of CERA, to which suppliers are entitled to apply in case of disagreements with the CTSO in terms of calculating their energy mix. 

            For more information regarding the Disclosure of the Supplier’s Energy Mixture Methodology, visit the Cyprus Transmission System Operator (CTSO) website. 
          • Article 95 of the Regulation of the Electricity Market Laws and Rules (Performance Indicators) govern the establishment and definition of performance indicators and the procedures under which Suppliers and the Distribution System Operator (DSO) comply with the performance indices. 
             
            The Suppliers and the DSO propose to the Cyprus Energy Regulatory Authority (CERA) performance indicators which will be included in the Regulations (Performance Indicators) and after they have been approved by CERA, they will be included in the Consumer Charter, which will be issued by the Suppliers and the DSO and will outline the performance indicators to inform consumers. 
             
            Performance indicators prepared by Suppliers and the DSO and which are approved by CERA are non-discriminatory but may vary for different categories of consumers. 
             
            The Regulations (Performance Indicators) may impose obligations on licensees, relevant but not limited to: 
            • Procedures for submission or resubmission of performance indicators; 
            • The timetable for the implementation of performance indicators; 
            • Procedures for periodic review of performance indicators; 
            • Some key performance indices that must be complied with by suppliers and the DSO; 
            • Keeping and publishing a performance registry; 
            • Administrative fines for failure to comply with performance indicators related to the preparation or implementation or revision of performance indicators; 
            • Compensation or other treatments for consumers for failure to comply with the performance indices set out in the Performance Indicators Regulations; 
            • Provision of information to CERA by licensees related to actual performance in relation to approved performance indices; 
            • Notification to consumers of performance indicators and any treatments available to them; 
            • Revision and approval or rejection of Performance Indicators submitted by Suppliers and the DSO, including the timetable; and 
            • Providences governing compliance with performance indicators. 
        • Renewable Energy Sources means renewable non-fossil energy sources, which are wind, solar, geothermal, wave, tidal, hydroelectric, from biomass, from landfill gas, from the gases produced in sewage treatment plants and in biogas. 
           
          The aim of the Cyprus Energy Regulatory Authority (CERA) is to promote the use of renewable energy sources and to ensure the protection of the environment. 
           
          The Renewable Energy Sources systems used in Cyprus are: 
          • Photovoltaic Systems, 
          • Wind Systems, 
          • Biomass, and 
          • Solar Thermal Systems 
          The promotion and operation of Renewable Energy Sources is determined by the European Directive 2009/28 / EK regarding the Laws for Promotion and Encouragement of the Use of Renewable Energy Sources. These legislative frameworks can be found in the Legislation section.
        • Article 4 of Directive 2009/28/EC requires a national renewable energy action plan to be adopted by each Member State. These Action Plans define Member States' national targets for the share of energy from renewable sources to be consumed in transport, power generation and heating and cooling in the year 2020, taking into account the impact of other energy efficiency policy measures on the final Energy consumption, as well as the appropriate measures to achieve these national overall targets.

          Based on the National Action Plan, the share of renewable energy sources in power generation is 16%. In the categories of heating/cooling and transport it stands at 23.5% and 10%, respectively.

          More information on Cyprus national targets and the measures to be reached can be found in the National Action Plan 2010 - 2020 on the website of the Energy Department of the Ministry of Energy, Commerce, Industry and Tourism.
        • According to the laws regarding the Promotion and Encouragement of the Use of Renewable Energy Sources and the Promotion of Cogeneration of Electricity and Heat, a requirement is the creation and operation of an electronic registry through which the Guarantees of Origin of Production from Renewable Energy Sources (RES) and Cogeneration Electric Energy (CHP) will be issued, transferred and canceled. 

          The Cyprus Energy Regulatory Authority (CERA), by its Decision No 857/2013, published in the Official Newspaper of the Republic of Cyprus on 15 March 2013, sets the Cyprus Transmission System Operator (CTSO) as the Authorized Issuer for the purpose of issuing Certificates of Guarantee of Origin for Electricity which is produced from RES for production facilities connected to both the Transmission System and the Distribution System. 

          Under legislation, the CTSO is also the authorized issuer for all high-efficiency cogeneration plants. 

          In order to ensure the objectivity, transparency and impartiality of the procedure for issuing, modifying, revoking, transferring and canceling guarantees for the origin of electricity from renewable energy sources, CERA regulates, observes, monitors, controls, oversees the functioning of the origin guarantee system and determines the necessary measures to this end. 

          For more information on the rules for the issuing of Guarantees of Origin and the Charging Fees, please visit the CTSO website and the Electronic Registry for Guarantees of Origin 
        • The cost paid by the EAC for energy produced from Renewable Energy Sources is published on the EAC website each month. 

          The cost of purchasing electricity from RES is calculated using the current EAC Fuel Cost of the month. In order to calculate the purchase price of the kilowatt-hour, the fuel price readjustment is consider (the calculation of which can be found in Frequently Asked Questions - "Rates, Invoices - Fuel Price Adjustment") in the basic purchase price of RES. The basic purchase price is equal to the fuel cost of EAC, plus a variable maintenance cost for the EAC. 

          For the purpose of calculating the cost of purchasing electricity from RES, the fuel clause is differentiated from the clause applicable to consumers to take into account the losses of the system to which the RES producer is connected. 

          The basic purchase price, as well as the fuel clause, are determined using methodologies approved by the Cyprus Regulatory Authority for Energy (CERA). 

          For more information regarding the Energy Market Pricing Methodology from RES-Electricity, click on the link below. 
          Energy Market Pricing Methodology
          Show More...
        • The following link provides statistical data on the installed capacity of biomass / biogas, photovoltaic systems and wind farms, as well as their production.
           
          Production of Electricity using RES
          Show More...
          • Licensing of activities related to electricity is regulated by the Electricity Market Regulation Laws and Licensed Regulations. This law and regulation can be found in the Legislation section.

            According to paragraph (1) of article 34 of the Electricity Market Law, any person to carry out any of the following activities related to electricity must be first licensed by the Cyprus Energy Regulatory Authority (CERA) :
             
            • Construct a power station or generate electricity
            • To supply electricity to eligible customers
            • To supply electricity to non-eligible customers
            • To carry out any of the responsibilities of the Transmission System Operator in accordance with Article 60
            • Perform any of the responsibilities of the Distribution System Operator in accordance with Article 53
            • Perform any of the functions of the Transmission System Owner in accordance with Article 46; or
            • Perform any of the responsibilities of the Distribution System Owner in accordance with Article 51.

            According to paragraph (2) of Article 35, CERA may grant an Exemption from License for the activities referred to in paragraphs (a) and (b) of subsection (1) of Article 34, under such terms and conditions determined by CERA. An exception may be granted for:
             
            • Production of electricity for own use up to 1MW
            • Production of electricity from renewable energy sources up to 5MW, or
            • Electricity supply by a specific person, the total power of which does not exceed 0,5MW for each plant.
            According to paragraph (1) of Article 37, any Application for Submission shall be submitted to CERA in accordance with the rules provided in the Licensing Regulations.
          • Licence Fees are paid by the electricity companies in accordance with Articles 16 and 36(2)(b) of the Laws on Regulation of the Electricity Market and the Regulation (Licence Fees). These legislative and regulatory frameworks can be found in the Legislation section.

            A relevant table with the Application Fees / annual fee / modification / transfer / exemption fee for each type of licence can be found at the following link.
            License fees
            Show More...
          • Amendment of Application for License Exemption

            According to the Decision of the Cyprus Energy Regulatory Authority (CERA) 280/2008, each applicant is entitled to request an amendment of his application for granting an Exemption from the Construction or Operation License of a Power Station within two (2) months from the filing date of his application. New data and documents required must be submitted by the applicant together with the request for amendment.
             
            CERA may request from the applicant, within two (2) months from the date of the request for modification, to provide any additional information.
             
            The fee for changing the License Exit Request is € 170.86.
          • The Cyprus Regulatory Authority for Energy (CERA) may: 
             
            • In accordance with article 12 of the Licensing Regulation, in response to information received or for any other reason, make a proposal amending any particular license or type of license and
            • In accordance with article 13, amend the permit in cases where the licensee has given his / her consent to the amendments.

            CERA with Desision 264/2019 published "Guidelines for the amendment of Licenses and Exemptions from License for Construction and Operation of power stations"
             
            Amendment of License Procedure
             
            New data and documents which are required must be submitted by the licensee together with the request for amendment and the change fees, which amount to € 170.86.
             
            Prior to any amendment of a permit in accordance with the provisions of the Regulation (Licensing), CERA issues a notice:
            • Indicating that a proposal to modify will be issued and defining the result of the amendment procedure.
            • Indicating the reasons why for the amendment proposal.
            • Setting the time, which must be no less than thirty (30) days from the date of publication of the notice, within which representations or objections may be made to the proposed amendment by anyone affected by it.
            • Takes into account any representation or objection that has taken place within the above-specified time limit and has not been withdrawn.
             
            The notice shall be published in the Official Newspaper of the Republic and, at the discretion of CERA, shall be published in a daily released newspaper in the Republic and a copy shall be sent to each interested licensee.
          • The Cyprus Energy Regulatory Authority (CERA) may:
             
            • Modify the License Exemption in agreement with the Exclusion Holder.
            • Responding to information received or for any other reason it deems, modify any Exemption from a license by first informing the licensee. It is provided that the fee for the amendment of the Concession Exemption shall be paid only when the responsibility for the modification falls within the scope of control of the Exempted Licensee.
            CERA with Desision 264/2019 published "Guidelines for the amendment of Licenses and Exemptions from License for Construction and Operation of power stations"

            Amendment of Exclusion from License

            New data and documents required must be submitted by the licensee together with the request for amendment and the change fees, which is the amount of € 170.86.

            CERA may request the Licensee to provide any additional information within two (2) months of the date of submission of the Exclusion from License Amendment request.

            Changes to the License Exemptions are published through the CERA website.
          • Guidelines for the amendment of licences and exemptions from a construction and operation licence for power stations

            The Cyprus Energy Regulatory Authority shall issue the following guidelines with regard to the framework for the amendment of licences and exemptions from a construction and operation licence for power stations:
             

            Increase in installed capacity

            • An increase in the installed capacity of the licence / Exemption from a construction licence may be allowed.
            • An increase in installed capacity for licence-Exemption is not allowed if the total licensed capacity of the station upon modification exceeds the maximum capacity for which a licence-Exemption may be granted.
            • In order to increase the installed capacity of a licence / Exemption from an operating licence, the existing licence / Exemption from a construction licence must be amended first, followed by the amendment of the licence / Exemption from an operating licence. If there is no valid licence / Exemption from a construction licence, a new licence / Exemption from a construction licence application must be submitted with a capacity equal to the requested installed capacity increase, followed by the amendment of the licence / Exemption from an operating licence.


            Changes in technology

            • Changes regarding the power station's technology are not allowed (a power station operating on conventional fuels cannot be modified to produce power using any RES or vice versa).
            • Changes regarding the power plant’s type of technology are not allowed (a power station using any RES technology cannot be modified to use any other RES technology).
            • Changes regarding the manufacturer and the model are allowed (e.g. different type of wind turbine or photovoltaic panel or combined cycle unit).
            • Changes regarding the photovoltaic systems support technology are allowed according to CERA Decision No 695/2012.


            Change of parcels

            • Expansion of a project to adjacent parcels may be allowed. Any modifications/replacement of parcels will be assessed on a case by case basis and will only be allowed if the amendment does not change the nature of the licence / Exemption from licence.
            • All parcels of the original licence / licence-Exemption may not be amended/replaced.


            Operating regime

            • No change to the operating regime of a licence may be allowed (e.g. from commercial use to self-consumption and vice versa).


            Notes:

            Each amendment request shall be accompanied by the amendment fee as well as all necessary documents regarding the type amendment requested and the type of licence / licence exemption.

            Interested holders of a licence / licence-exemption are encouraged to write to the CERA Offices stating their interest in an amendment before submitting an amendment request in order to be properly informed.

            When the requested amendment concerns the increase of installed capacity of a construction and operation licence, no amendment fee will be paid, but rather the fee that should have been paid if the additional capacity had been requested via an application for a new licence / licence exemption.

            All amendment requests, both those falling under the above guidelines, and those that do not, will be assessed on a case‑by‑case basis.

            In any case, an amendment request cannot change the nature of the licence / licence exemption.
          • Each licensee is entitled to request an extension of the validity of the License he holds by submitting a request to CERA (in the form of a letter) at least three (3) months before the expiry date of the license. The request for extension is justified and is accompanied by the fee provided in the Regulations.

            According to Decision 95/2017, dated May 24, 2017, CERA will not accept and examine any license extension requests submitted after the expiry of the License for which an extension request is made.
             
          • As per Article 18 of the Licensing Regulation, each Licensee is entitled to request the transfer of the License he holds to another person by submitting a request to CERA (in the form of a letter) at least three (3) months before the date of the proposed transfer, including the proposed person for the transfer of the license and the reason for the transfer.

            License Transfer Procedure
             
            • The person to whom the authorization will be transferred follows the procedures for submitting an application.
            • Licensee, who applies for a transfer of his license, pays the transfer fee amount of € 170.86.
            • The licensee's application for transfer of his license and the application of the person to whom the license will be transferred shall be published.
            • All applications together with all the necessary documents are available from CERA for inspection by any interested party for the period mentioned in the above publication.
          • Each Licensee is entitled to request a transfer of the Exemptions from a license he holds to another person by submitting a request to CERA (in form of as letter) at least three months before the date of the proposed transfer, including the proposed person for the transfer of the license and the reason for the transfer.

            Transfer Procedure Exclusion from License

            The person to whom the exemption will be transferred:
            • Submits a request for a transfer of this exemption (Application for Exclusion of RES or Conventional Fuels License).
            • Submits the required data and documents (where applicable).
            • If it is:
            1.  Natural Person Submits → Identity Card Number
            2.  Legal person, submits → Company Articles (Registration Number, Tax Registry, Recent Registration Certificates, Shareholders and Directors).
            • Provides details of its technical and financial capabilities (where appropriate).
            • Pays the transfer fee amount of € 170.86.
            • Attaches an Audit Certificate (where applicable).
             
            CERA examines the transfer request submitted and follows the procedure as if it were an exemption from a license.

            Transfers of Exceptions from Licenses are published through the CERA website.
          • As of Article 15 of the Regulations (Licensing), the Cyprus Energy Regulatory Authority (CERA) may revoke the license in progress, if:
             
            • The revocation of the license has been requested in writing by the holder and CERA agrees with the revocation request;
            • CERA noted that the license was granted based on substantially incorrect or misleading information;
            • There is a change in the ownership of the license holder and CERA does not approve such change under the terms of the license;
            • Any fee, payable in accordance with the applicable license fees regulations, has not been paid within thirty (30) days of the date it became payable;
            • CERA discovers that the licensee violates any of the terms or any modified terms or any license requirements and, where CERA has issued a regulatory decision, the licensee fails to remedy the breach within a time limit;
            • The licensee fails to comply with any decision issued by CERA or by the Minister in relation to the licensed activities;
            • CERA has reasons to believe that the licensee intends to stop permanently from carrying out the licensed activities;
            • The licensee has been declared bankrupt.
             
            License Revocation Process

            If any of the above conditions apply, CERA may, in accordance with articles 27 and 40 of the Electricity Market Law, give notice to the licensee, stipulating that the license will be revoked unless the breach is corrected within the time Determined by CERA.

            In the event that an infringement cannot be rectified or where the licensee has failed to remedy the breach for which a notice has been served, CERA shall, by decision, determine the effective date of the revocation and notify the licensee in writing.  
Related Links
Electricity Market Participants Transmission and Distribution Rules
Related Forms
License Application Form Electricity Supply License Application Form Application for Exemption from License / RES Application for Exemption from License / Conventional Fuels Cost of Use Energy Market Price Methodology
Cyprus Energy Regulatory Authority
Agias Paraskevis 20,
2002, Strovolos, Nicosia

Postal Address
P.O. Box: 24936
1305 Nicosia

Tel: 00357 22 666363
Fax: 00357 22 667763
Email: regulator.cy@cera.org.cy

Newsletter
 
Consultations
12/02/2021 - 13/04/2021
Προσχέδιο Ρυθμιστικής Απόφασης με θέμα «Δήλωση Ρυθμιστικής Πρακτικής και Μεθοδολογία Διατιμήσεων Ηλεκτρισμού»
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