About the Cyprus TSO
The Transmission System Operator (TSO) was established under the decision of the Government of the Republic of Cyprus for harmonization with Directive 96/92/EC of the European Parliament and of the Council of the 19th December 1996, concerning the common rules for the internal electricity market, and at a following stage the compliance with the EU Directive 2003/54/EC.
On the 25th July 2003, the Cyprus House of Representatives passed the “Law Regulating the Electricity Market”, N.122(I)/2003, for the purpose of harmonization with the above Directives and regulating the electricity market in Cyprus.
The main functions and responsibilities of the TSO are to secure the operation of the Electricity Transmission System and to manage the electricity market on an objective, non-discriminatory basis in a competitive environment, while at the same time supporting and promoting electricity generation from renewable energy sources. The TSO ensures access to the Transmission System of all producers and suppliers of electricity. The TSO also coordinates the actions taken for the repair and clearing of faults occurring in the Generation or Transmission Systems, in order for them to operate in an efficient co-ordinated, secure, reliable, and economical way, ensuring unhindered and uninterrupted supply of electricity to all consumers.
The two principal documents that the Transmission System Operator manages within the legal framework are the Transmission and Distribution Rules that primarily govern the technical aspects of planning and operating the transmission and distribution systems and the Trading and Settlement Rules that primarily govern the commercial interactions of all parties using the transmission and distribution systems.
