Cyprus’s electricity regulator has approved plans to install 400MWh of battery energy storage system (BESS) projects in the Mediterranean island country. Cyprus Energy Regulatory Authority (CERA) announced the approval earlier this week (18 June) of three projects which will be owned and operated by the Cyprus Transmission System Operator (TSOC).
Image: Cyprus government / MECI. Cyprus’s electricity regulator has approved plans to install 400MWh of battery energy storage system (BESS) projects in the Mediterranean island country.
The use of vanadium in the battery energy storage sector is expected to experience disruptive growth this decade on the back of unprecedented vanadium redox flow battery (VRFB) deployments.
The country is also seeking to develop pumped hydro energy storage (PHES) capacity with technical assistance from the European Commission (EC) and is formulating a National Hydrogen Strategy. Cyprus''s electricity regulator has approved plans to install 400MWh of battery energy storage system (BESS) projects.
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