87 Annual Report 2021 Adequacy of Electricity Supply Pursuant to the Law Regulating the Electricity Market of 2021, CERA is responsible for the adequacy of electricity in Cyprus, the reliability and security of the generation, transmission and distribution systems, as well as the quality of electricity supply. CERA systematically monitors the adequacy, quality and reliability of the electricity supply and, whenever it detects any shortfalls, it informs the Minister of Energy, Commerce and Industry, who, after consulting with CERA and TSOC, takes all indicated corrective measures pursuant to the Law Regulating the Electricity Market of 2021. As presented in Figure 23, provided all the generation plants are available, adequacy is at satisfactory levels. Figure 23 - Adequacy of Electricity Supply Year 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 200 400 600 800 1000 1200 1400 1600 1800 Installed operational capacity (MWe) CSP with 6h storage Biomass PVs Wind Vasilikos combined cycles Vasilikos gas turbines Moni gas turbines Dhekelia ICE Vasilikos steam plant Dhekelia steam plant Gross peak demand forecast
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