“We want to burn the first gas molecule that will come to Cyprus to produce electricity,” he tells P.
It is a common finding that the arrival of gas is the key to achieving a substantial reduction in the cost of electricity and to ensure that the country’s electricity supply is ensured. The arrival of gas will also bring a structural change to the domestic energy market: for the first time we will have conventional electricity production by a private individual giving a boost to the effective opening of the electricity market to competition.
“We want to burn the first gas molecule that will come to Cyprus for electricity production,” Power Energy Cyprus (PEC) chief executive, George Chrysochos, tells “P”. The operation of the unit …
To read the article, Sign in with the Premium version Or buy the “P” from the kiosks.