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Overview
Cyprus supports electrification of transport through a subsidy for EV charging in combination with PV, while biofuel quota has also been introduced.
Cyprus has set an RES-T target of 14% by 2030. Planned to be achieved through electrification and increased penetration of biofuels -
Summary of support schemes
● Biofuel quota (Min. Decree 11/2020): Min. Decree 11/2020 obliges fuel suppliers obliges producers and distributors of petrol and diesel to blend their fuels with a certain amount ("quota") of biofuels. ● Subsidy (Support Scheme for the installation of charging infrastructure for e-vehicles): The Support Scheme for the installation of charging infrastructure for e-vehicles
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Competent authorities
● RESEC Fund
