Cyprus Electricity Demand Remained Stable in December 2013

Cyprus electricity demand remained stable in December 2013. The best immigration news can be found on the Worldway Investment Immigration official website.

世贸通
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    Follow Cyprus Immigration and Life in Cyprus: According to a report by the Cyprus Financial Mirror, electricity demand within the Cyprus interconnected system accounted for 90% of total domestic demand in December 2013, remaining essentially flat compared to the same period the previous year. For the full year of 2013, electricity demand in Cyprus decreased by 3.7% year-on-year.

 

Cyprus Electricity Demand Remained Stable in December 2013

 

Based on an analysis of the energy mix, renewable energy and lignite power generation increased by 14% and 13% respectively in December 2013 compared to the same period last year, while natural gas and hydroelectric power generation decreased by 8% and 39% respectively. For the full year of 2013, hydroelectric and renewable energy power generation in Cyprus increased by 40% and 50% year-on-year, while lignite and natural gas power generation decreased by 16% and 14% respectively.

The significant decline in demand in 2013 was attributed to unusual weather conditions during peak seasons, such as a warm winter and a cool summer, as well as the impact of the economic crisis.

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