Cyprus

Index rank 63

Balance Score

BCD

Energy Sustainability Index Rankings and Balance Score

 2011  2012  2013  Trend Score
Energy Performance  78  79  79   
Energy Security  109  109  104  D
Energy Equity  30  27  36  B
Environmental Sustainability  88  84  80  C
         
Contextual Performance  28  22  34   
Political Strength  31  28  27   
Societal Strength  25  20  20   
Economic Strength  34  32  60   
         
Overall Rank  61  59  63  BCD
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Fossil Fuel Reserves

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Key Metrics

Industrial sector (% of GDP) 16.7
TPEP / TPEC  (net energy importer) 0.01
Emission intensity (kg CO2 per USD) 0.33
Energy affordability (USD per kWh) n.a.
GDP / capita (PPP, USD); GDP Group 27,581 (II)
Energy intensity (million BTU per USD) 0.11
CO2 emissions (metric tons CO2 per capita) 7.86
Population Access to Electricity (%) 100.0
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Index Commentary

Cyprus drops four spots in this year’s Index, mostly due to deteriorations in energy equity and economic strength. Cyprus continues to struggle with balancing the energy trilemma, as its continually-strong energy equity ranking is offset by weaker performances on the energy security and environmental sustainability dimensions. Energy security remains the weakest of the three energy dimensions because the country is highly reliant on fuel imports and struggles to diversify its electricity generation portfolio away from fossil fuels. Energy equity remains Cyprus’s strongest energy dimension, but sees increased household expenditures on electricity. Reduction of energy and emission intensity, as well as cutting CO2 emissions from electricity generation, leads to a better environmental sustainability performance. Indicators of contextual societal and political strength are good, and education improves notably this year. However, economic strength slides as macroeconomic stability decreases.