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PHAETHON Research and Innovation Centre of Excellence for Intelligent, Efficient and Sustainable Energy Solutions

Project description

Creating a centre of excellence for sustainable energy solutions in Cyprus

To mitigate climate change, the EU has taken a proactive approach: setting ambitious goals to reduce greenhouse gas emissions, and promoting renewable energy sources through numerous initiatives and policies. Meeting these goals requires involvement and cooperation across the scientific community, industries and governments. The EU-funded PHAETHON project is supporting this effort by establishing new state-of-the-art research and innovation facilities at the University of Cyprus. The project intends to revitalise the existing FOSS Research Centre for Sustainable Energy, turning it into a world-class Centre of Excellence for Intelligent, Efficient and Sustainable Energy Solutions that will host extensive research and educational activities and foster networks of international collaboration.

Objective

The aim of the Teaming project is to upgrade the highly successful FOSS Research Centre for Sustainable Energy of the University of Cyprus (UCY) to an autonomous and self-sustaining Centre of Excellence (CoE). The PHAETHON CoE for Intelligent, Efficient and Sustainable Energy Solutions aims to have a direct impact on the energy research and innovation (R&I) cycle in Cyprus, the surrounding region and globally. The research focus of the proposed CoE is a key area of significant growth potential and a high priority of the European Union (EU) (EU Climate Action, European Green Deal and REPowerEU initiatives) and Cyprus (green and digital energy transition are completely aligned with the Smart Specialisation Strategy of Cyprus).
The transformation will be pursued through the partnership of UCY-FOSS with the Technical University of Denmark (DTU), University of Groningen (UG) and Cyprus Seeds (CS). PHAETHON CoE will target timely, multi-faceted research themes in the field of energy that encompass technological, socio-economic, multi-level governance and environmental sustainability aspects, thus significantly increasing its research capacity, reputation and ability to attract funding.
Institutional autonomy and effective management reforms, as well as innovation aspects that will lead to the successful exploitation of the research outcomes, will spearhead this transformation towards a sustainable centre at the heart of the Eastern Mediterranean, Middle East and North Africa (EMMENA) region energy ecosystem.
The track record of UCY-FOSS in attracting significant EU, national and industrial funding, as well as the complementary funding already committed by the Government of Cyprus, the private sector (EuroAsia Interconnector PLC) and the University of Cyprus, provide evidence for the sustainability of PHAETHON CoE in the longer term, ensuring long-lasting impacts on Europe’s economy and society at large.

Coordinator

UNIVERSITY OF CYPRUS
Net EU contribution
€ 10 696 593,75
Address
AVENUE PANEPISTIMIOU 2109 AGLANTZI
1678 Nicosia
Cyprus

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Region
Κύπρος Κύπρος Κύπρος
Activity type
Higher or Secondary Education Establishments
Links
Total cost
€ 10 696 593,75

Participants (3)