The new CyCEM online platform – Insights, developed to improve information on Cyprus’ Competitive Electricity Market, was presented yesterday, Wednesday, by the Cyprus Institute.

According to a statement released today by the Institute, the platform’s purpose is to collect, organize, and present electricity market data in a coherent and user-friendly environment.

The platform fills an important gap by bringing together publicly available data on all electricity markets: the Forward Market, the Day-Ahead Market, as well as the balancing markets—namely, the Integrated Scheduling Process and the Real-Time Balancing Market.

As noted, the platform’s design facilitates understanding of the electricity market while supporting visual analysis across different time scales, including hourly, daily, and monthly views.

According to the announcement, users can explore electricity prices, trading volumes, generation mix, renewable energy share, and indicators related to system balancing. They can also export selected data to facilitate further analysis.

On the occasion of the public launch of CyCEM – Insights, Professor Theodoros Zachariades of the Cyprus Institute stated that “Our open platform, which includes all officially available data from the Cypriot Competitive Electricity Market, fills a significant gap.”

“It serves as a practical information hub that enhances transparency and facilitates energy analysis based on real data. It was created by people with in-depth knowledge of how energy markets operate, with the aim of ensuring the appropriate participation of stakeholders in Cyprus’s evolving electricity market and fostering an informed public dialogue,” he said.

The platform is available free of charge on the website cycem-insights.cyi.ac.cy.

Source: CNA