MINISTRY OF ENERGY, COMMERCE INDUSTRY AND TOURISM

Name

MINISTRY OF ENERGY, COMMERCE INDUSTRY AND TOURISM

Legal name

Ministry of Energy, Commerce, Industry and Tourism

Website

https://meci.gov.cy

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Government Energy Regulation and Licensing

NAICS

Regulation and Administration of Communications, Electric, Gas, and Other Utilities (92613), Administration of Environmental Quality Programs (924), Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (92615)

SIC

Electric, Gas & Sanitary Services (4900), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Energy, Utilities & Natural Resources Regulators (BPAIAOAJ)

akta.pro secondary industry

State/Provincial Environmental Protection & Natural Resources Administration (BPAIABAL)

Keywords

• Renewable energy licensing
• Government energy regulation
• Building energy certification
• Energy storage grants
• Professional installer registry

Headquarters

HQ city

Άγιοι Ομολογητές, Nicosia Lefkosia

HQ country

Cyprus

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Distribution channels3 records

Marketing channels6 records

Core offering

The Ministry of Energy, Commerce, Industry and Tourism of the Republic of Cyprus is the government authority responsible for formulating and implementing state policy in energy, trade, industry, and tourism. It provides regulatory and licensing services for renewable energy projects (RES), operates the Digital One Stop Shop platform for electronic submission of RES project licensing applications, issues Energy Performance Certificates for buildings, maintains official professional registries of certified installers and energy auditors, and manages EU co-funded sponsorship schemes for energy storage and renewable energy projects.

Product overview

The Ministry of Energy, Commerce, Industry and Tourism operates the Digital One Stop Shop (Digital OSS) as its primary digital service platform, enabling electronic submission of RES project licensing applications. Supporting systems include the Energy Performance Certification System (EPC-Cy) for building energy ratings, multiple professional registries (Technical Systems Installers, Solar PV Installers, Energy Auditors, Inspectors), a RES Dimensioning Optimization Software tool, and a Research Projects platform. The Digital OSS is part of Cyprus's Recovery and Resilience Plan and serves as the single point of contact for investors throughout the RES project licensing process, coordinating with multiple government agencies including the Regulatory Energy Authority of Cyprus (RAEK), Distribution System Operator, and Planning authorities.

Differentiator

Problem solved

Functional benefit

Products and services

• Digital One Stop Shop An online digital platform for the electronic submission and processing of Renewable Energy Sources (RES) project licensing applications, serving as the single point of contact for investors throughout the licensing process. Part of the Recovery and Resilience Plan 'Cyprus – Tomorrow'.
• Energy Performance Certification System for Buildings (EPC-Cy) A certification system for issuing Energy Performance Certificates (EPCs) for buildings, classifying them into energy categories A to H and providing recommendations for energy efficiency improvements. Used for building owners, managers, and occupants seeking energy certification.
• Register of Technical Systems Installers Official registry of certified installers for technical building systems including heating, cooling, and energy efficiency equipment, used for verification of professional credentials.
• Register of Solar Photovoltaic Installers Official registry of certified installers for small-scale solar photovoltaic systems in Cyprus, used for verification of RES installation credentials.
• Register of Energy Auditors Official registry of qualified energy auditors for building energy performance assessments, used for verification of auditor credentials.
• RES Dimensioning Optimization Software Software tool for sizing renewable energy systems and energy storage, including net metering and net billing calculations with templates and technical manual. Used by installers and project developers.
• e-Kalathi Price Observatory Price monitoring system for supermarkets and shops, enabling consumers to compare prices across retail outlets in Cyprus.
• Professionals Registry (Multiple Categories) Comprehensive registry system including Technical Systems Installers, Qualified Experts, Air Conditioning System Inspectors, Heating Systems Inspectors, Solar Photovoltaic Installers, and Energy Auditors. Used for verification of professional credentials across RES and building energy sectors.
• Sponsorship Scheme for Energy Storage Systems with RES Government grant scheme providing co-funding for energy storage systems combined with renewable energy installations, with a total budget of €35 million. Part of the EU Just Transition Fund and Cyprus Recovery and Resilience Plan.
• Unified Service (One-Stop-Shop) for RES Licensing Single point of contact service for investors throughout the RES project licensing process, operationalizing the centralized approach for renewable energy project licensing in Cyprus.

Quantifiable outcome

• €35 million in grants available for energy storage systems combined with RES projects
• +1 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• European CommissioncoreStrategic or Co-development Partner · 17 July 2023Technical assistance from the European Commission for simplification of RES project licensing procedures. Includes mapping of existing procedures and legislation between various competent authorities, with recommendations for process improvements.
• Recovery and Resilience Plan 'Cyprus – Tomorrow'coreStrategic or Co-development PartnerThe Digital One Stop Shop platform is an action under the Recovery and Resilience Plan 'Cyprus – Tomorrow', providing €35 million in total budget for energy storage sponsorship schemes.
• Cyprus Energy Regulatory Authority (RAEK)coreTechnology or IntegrationRAEK is the regulatory authority for electricity market and issues construction and operating licenses for power plants. The BFU coordinates licensing procedures with RAEK.
• Distribution System Operator (DSO) and Transmission System Operator (TSO)coreTechnology or IntegrationGrid connection procedures for RES projects are handled through coordination with DSO and TSO. The BFU facilitates the connection process as part of integrated licensing.
• Ministry of Interior (Department of Planning and Housing)coreStrategic or Co-development PartnerCoordinates on urban planning, zoning, and building permits. Issued Order 1/2024 on RES Licensing Framework, replacing Order 2/2006.
• World Bank (via Global Bank)minorStrategic or Co-development PartnerCyprus and Lebanon agreed on Terms of Reference for evaluation of potential electricity interconnection with support from the World Bank.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• European Commission DG ENER (Directorate-General for Energy): The pan-EU policy and regulatory authority for energy that shapes member-state RES frameworks and co-funds ministry programs — comparable as the broader supra-national incumbent with overlapping capabilities in EU energy-policy design and Cypriot RES project technical assistance.

Direct peers

• Federal Ministry for Economic Affairs and Climate Action (Germany, BMWK): Germany's federal ministry overseeing energy policy, renewables licensing frameworks, and climate — directly comparable as a federal-level energy regulator managing subsidy schemes and RES licensing in an EU member state.
• Ministry of the Environment and Energy Security (Italy, MASE): Italy's ministry overseeing ecological transition and energy security — directly comparable as an EU member-state regulator responsible for RES licensing, energy storage incentives, and EU Recovery Plan deployment.
• Ministry for the Ecological Transition (France): France's national ministry handling energy transition, renewable deployment, and environmental regulation — directly comparable as another EU member-state energy/environmental regulator managing RES permitting and subsidy schemes.
• UK Department for Energy Security and Net Zero: United Kingdom's national ministry responsible for energy policy, renewables deployment, and net-zero strategy — directly comparable to Cyprus's ministry as a sovereign-level energy regulator and RES policy setter.
• Ministry of Environment and Energy (Greece): Greece's national ministry for environment and energy policy — directly comparable as a neighbouring EU member state with shared Mediterranean energy-market dynamics, RES subsidy frameworks, and regulatory authority for renewable licensing.
• Ministry for Ecological Transition and the Demographic Challenge (Spain): Spain's national ministry for ecological transition — directly comparable as another EU member-state authority administering RES licensing, energy efficiency certification for buildings, and EU-funded green-transition programs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/cyMECI
• LinkedInlinkedin.com/company/ministry-of-energy-commerce-industry-and-tourism

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MINISTRY OF ENERGY, COMMERCE INDUSTRY AND TOURISM