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2. Cyprus making progress towards renewable energy goals with innovative long duration energy storage systems
3. Cyprus aiming for 100% renewable energy by 2030 with the help of underwater compressed air energy storage technology.
Progress towards carbon neutrality in renewable energy is being made in unexpected places like Cyprus. The country has been increasing its renewable energy capacity, with a new long-duration compressed air energy storage system being trialed to leverage ocean water pressure. In the EU, Cyprus is among the nations showing big gains in renewable energy, despite still falling behind leaders like Sweden and Denmark. Long duration energy storage systems are crucial for scaling up renewable energy by providing stability that intermittent sources like wind and solar energy lack.
Different technologies for long duration energy storage, such as compressed air systems, are being explored to improve energy storage efficiency. One innovative approach is using water pressure for energy storage, like an underwater tank-based compressed air system, which is being piloted in Cyprus. This system aims to help Cyprus achieve its goal of running on 100% renewable energy by 2030. Challenges remain in terms of regulatory and engineering requirements, but progress is being made towards a more sustainable energy future.