By Theodoros Zachariadis,Costas Hadjikyriakou
This e-book offers an financial cost-benefit evaluate of the penetration of renewable energy iteration in Cyprus as much as 2030. not like a only monetary appraisal, we hire a social cost-benefit research that's mostly suitable for coverage makers, bearing in mind – except direct monetary charges – exterior expenses and merits from the diffusion of renewable electrical energy. The publication provides a accomplished but hassle-free case examine, most likely the 1st one carried out for Cyprus.
Electricity produced via renewable assets elevated worldwide
at its quickest expense to this point in 2014. pushed by means of guidelines to mitigate climate
change, increase strength defense and decrease pollution, and through declining costs
of significant applied sciences, renewables account for the majority web new power
generating ability within the built global. during this context, Cyprus is
increasingly adopting renewable energy new release besides. as well as its
energy and environmental commitments as a member of the eu Union, the
country needs to diversify its power provide on the way to force down
electricity charges and decrease power provide dangers. an important deployment of
renewable electrical energy is foreseen within the coming a long time. Is it economically
justified for a small nation with an remoted electrical method like Cyprus.