Cyprus Energy Regulatory Authority Annual Report 2021

60 Cyprus Energy Regulatory Authority Renewable Energy Sources and Energy Efficiency (RES WG) The Renewable Energy Sources and Energy Efficiency Working Group (RES WG) focuses on the legislative and regulatory mechanisms used to promote renewable electricity generation, energy efficiency and RES deployment in the Mediterranean area, with attention to off-grid solutions and independent power producers (IPPs). Deliverables 2021: • Energy efficiency programmes CERA participated in the 30th online RES WG meeting. Natural Gas Working Group (GAS WG) The Natural Gas Working Group assesses the current status of natural gas and liquefied natural gas markets in Mediterranean countries, their relevant regulatory frameworks and possible evolutions. The Group prepares the Guidelines of Good Practice (GGP) and recommendations for the development of an integrated, competitive, secure and effective gas market in the MEDREG countries. Deliverables 2021: • Analysis of gas infrastructure to improve flexibility and interoperability of energy systems CERA participated in the 29th and 30th online GAS WG meeting. Electricity Working Group (ELE WG) The Electricity Working Group (ELE WG) is responsible for assessing the current status of electricity markets and regulatory frameworks in MEDREG countries and their possible developments. The mission of the Working Group is to identify and propose basic requirements that will lead to the compatibility of electricity regulation in the MEDREG region, by developing a competitive, strengthened and functional regional electricity market in the region. Deliverables 2021: • Security of supply CERA participated in the 30th and 31st online ELE WG meeting. Energy Community (European Community) The Energy Community (European Community) (https://www.energy-community.org) was established by the International Treaty signed in Athens in 2005. The Treaty establishing the Energy Community unites the European Union and the countries of the region of Southeastern Europe and the Black Sea. Main objectives of the Energy Community are to attract investments in energy generation and networks, to ensure a stable and sustainable energy supply, to contribute to the integration of the energy market, to enhance security of supply, to promote environmental protection and to strengthen the regional competition.

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