Investments and Compliance Costs for Cyprus' Energy Goals
October 26, 2024
Significant investments of €21.6 billion are needed for Cyprus to achieve its energy goals by 2030. The compliance costs will burden taxpayers, as the national reduction targets have been increased. New measures include increasing biofuels, aiming at reducing greenhouse gas emissions. However, the total cost to citizens is expected to be around €25.8 million by 2030.