
The landmark event in Cyprus’ energy sector, the annual Cyprus Energy Symposium will be held for the tenth time on November 15, 2024, at the Royal Hall Hotel in Nicosia, jointly organized by the Institute of Energy for SE Europe (IENE) and FMW Financial Media Way. Once again, the Symposium will bring together senior government officials, energy professionals, executives of energy companies, officials, decisionmakers and academics from Cyprus, Greece, SE Europe but also the Middle East. The President of the Republic of Cyprus, H.E. Mr. Nikos Christodoulides will be the keynote speaker at the 12th Cyprus Energy Symposium.
The Chairman of the Parliament of the Republic of Cyprus, Ms. Annita Dimitriou, the Minister of Energy, Trade and Industry, Mr. George Papanastasiou, foreign ambassadors, representatives of foreign companies involved in hydrocarbon research in Cyprus’ Exclusive Economic Zone, senior executives of international energy companies, academics and distinguished personalities from politics and business from Cyprus, Greece and abroad are among the confirmed speakers of the 12th Cyprus Energy Symposium.
This year’s symposium will cover on regulatory and energy issues, hydrocarbon exploration and production, the structure and operation of the European and domestic electricity market, the electricity interconnection of Greece, Cyprus and Israel, the introduction of natural gas into the Cyprus energy system, the further development of RES and the Government’s plans for improving energy efficiency in buildings, businesses and industry. Also, the annual Symposium will examine the fast-changing geopolitical environment in the region and the implications for energy supply and fuel prices.
Energy connectivity, especially electricity and gas, will come into sharp focus in this one-day high level event. As plans by the EU and the government of Cyprus are currently unfolding for the electricity interconnection between Cyprus and Crete and Cyprus with Israel, in a major effort to put an end to the island’s energy isolation, there are high expectations on energy market transformation and compliance with European norms. Also, the anticipated change of role of Cyprus from a net importer to a net energy exporter, on account of increased renewables capacity and low-cost gas, will be hotly debated.