Legislation

MINISTRY OF ENERGY, COMMERCE AND INDUSTRY

The Ministry of Energy, Commerce and Industry is the competent body for the transposition of European Directives into National Legislation. It is responsible for the management of the RES and ES Fund and for all relevant Support Projects for the Participants.

Legislation

CYPRUS ENERGY REGULATORY AUTHORITY (CERA)

The Cyprus Energy Regulatory Authority (CERA) is the national Independent Energy Regulatory Authority of the Republic of Cyprus, which is entrusted with the regulatory control of the proper functioning of the internal market for electricity and natural gas in accordance with the provisions of Directives (EU) 2019/944 and (EU) 2009/73/EC. CERA was initially established by the Electricity Market Regulation Law of 2003 (L.122(I)2003), which was repealed by the Electricity Market Regulation Law of 2021 (L.130(I)/2021). Simultaneously with the repeal of Law 122(I)/2003, a new Law was passed that provides for the establishment of CERA, the Establishment and Operation of the Cyprus Energy Regulatory Authority Law of 2021 (L.129(I)/2021). CERA is legally distinct and functionally independent from any other public or private entity. It takes autonomous decisions independently of any political organization and has an annual revenue and expenditure budget which it executes with autonomy. CERA is governed by the Senior Administration, which consists of three (3) members, appointed by decision of the Council of Ministers, after consultation with the Parliamentary Committee on Energy, Commerce, Industry and Tourism. The members of the Senior Management and the staff of CERA act independently of any market interest and do not seek or take direct instructions from any government authority or other public or private entity in the exercise of regulatory duties. CERA is accountable for the performance of its duties, responsibilities and powers to the President of the Republic and, for this purpose, submits an annual activity report to the President of the Republic. The operation of CERA and the way of decision-making is regulated by Regulations, which are issued in accordance with the Establishment and Operation of the Regulatory Authority for Energy Law of 2021.

Legislation

CYPRUS TRANSPORT SYSTEM OPERATOR (TSO)

The establishment of the Cyprus Transmission System Operator was the result of the State’s decision to harmonize with Directive 96/92/EC of the European Parliament and of the Council of 19 December 1996 concerning common rules for the internal electricity market and the regulation of the Electricity Market in Cyprus. The year 2004 marked the commencement of the operations of the Cyprus Transmission System Operator (“TSO”) and the organization exercised its responsibilities under the Electricity Market Regulation Law of 2003 (L.122 (I)/2003) of 25 July 2003 and all subsequent amendments thereto. According to the Electricity Market Regulation Amending Law of 2012 (Law 211(I)/2012) of 13 December 2012, the Transmission System Operator was renamed the Cyprus Transmission System Operator and was designated as a legal entity under public law. In October 2021, the Electricity Market Regulation Law of 2021 (L.130(I)/2021) was passed. With the entry into force of Law 130(I)/2021, the Electricity Market Regulation Laws of 2003 to 2018 are repealed. Article 70 of Law 130(I)/2021 defines the exclusive responsibilities of the TSO and article 71 defines the TSO as the Electricity Market Operator. The responsibilities of the Electricity Market Operator are defined in Article 72 of the Law.

Legislation

DISTRIBUTION SYSTEM OPERATOR (DSO)

The Distribution System Operator (DSO) aims at the development and operation of a reliable and efficient electricity distribution network, the development and maintenance of a record of meters and the reliable recording and management of measurements (entrenched part), the management (use and access) of the distribution network, the management (use and access) of the distribution network, the management and operation of the distribution network. compliance with the applicable legislation on the control, connection and supply of electricity from renewable energy sources, the formulation of the conditions of access and use of the distribution network and the Market Rules regarding the distribution network and the valid and complete information to users for effective access to the distribution network. The DSO is also the neutral market operator and catalyst for the application of new technologies, such as smart grids, which through its infrastructure effectively serves all market participants (producers, suppliers, consumers, producer / consumer, giving in a transparent, non-discriminatory, fair, and non-discriminatory way access to the network. DSOs ensure the continuous, reliable and quality supply of electricity at the lowest possible cost in the use of the grid, the economical and efficient integration of scattered RES into the grid, contributing to the electrification of energy and the achievement of sustainable, carbon-free economic growth and the service beyond their expectations of all market players and users of our network.

Legislation

TRANSPORT SYSTEM OWNER

The Basic Regulated Transmission Activity, and specifically the Transmission System Owner Division, is one of the three Divisions of the Network Business Unit and deals with the studies, specifications, technology, constructions, operation and maintenance related to the Transmission Network in order to meet the ever-increasing needs in electricity and maintain the reliability of the Transmission System. The Transmission Network is the backbone of EAC’s Electrical System since it interconnects the Power Stations with the Distribution Network. According to the Transmission and Distribution Rules, the Transmission starts from the busbars of the Transmission Substations located within the Power Stations and through the air or underground network at a voltage of 132 kV or 66 kV extends up to the 11kV or 22 kV Medium Voltage scales of all other Transmission Substations that are usually located in the centers of the loads. For smoother operation, the Transmission System Owner Directorate is divided into the following activities: Transmission Substations, Overhead and Underground Transmission Network, Protection and Technology, System Studies, Transportation – Regional Offices.

Legislation

DISTRIBUTION SYSTEMOWNERS (ISS)

The isd Directorate aims at the construction and maintenance of the distribution network and the installation of meters to consumers and producers. The general obligations of the ISS Directorate are to develop and maintain an economical, efficient, coordinated, safe and reliable distribution system that ensures that it meets reasonable electricity needs, demonstrating the necessary attention and care for environmental protection. Management responsibilities include construction works related to the expansion, strengthening and maintenance of the Electrical Distribution Network as well as the Telecommunications Network. Planning, monitoring and carrying out the maintenance works of the Distribution Network. Monitoring of the technological developments of the electrical, electronic and telecommunications equipment of the distribution network. Maintain stocks of materials and equipment, for satisfaction of the needs for expansion, upgrade and maintenance of the Distribution Network. The calibration of the meters by the Cash Control and Repair Center (KEEM). The main activities of the ISS Directorate are

Construction, specifications and technology, network maintenance and support, telecommunications andelectronics, as well as purchases where necessary to support the above activities.