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Market update 2 October 2026 — Energy, Copper, Cyprus

What moved recently in Energy, Copper, Cyprus — every item with source and date. Researched and checked by Zeynah.

The news

What happened

Energy

Bundesnetzagentur adopts MiSpeL rules for storage and bidirectional charging

Storage systems may now mix solar and grid power without losing EEG support for the stored solar power; grid and metering operators must implement this by the end of September 2027.

Source: pv magazine Deutschland · dated

Energy

Vattenfall takes over marketing of a 285 MW German battery storage portfolio

Four storage sites in different control zones have reached financial close, three are under construction, and the first is due to start commercial operation from January 2027.

Source: pv magazine Deutschland · dated

Energy

Türkiye and North Rhine-Westphalia sign eight energy memorandums of understanding

Energy Minister Alparslan Bayraktar named joint projects ranging from natural gas and green hydrogen to modern power grids and critical minerals, and announced higher grid investment for COP31 in Antalya.

Source: Anadolu Agency · dated

Copper

Second Greece–Italy power link (GRITA 2) moves forward

IPTO and TERNA plan 1 GW of additional transmission capacity; seabed surveys in early 2027, procurement tenders at the end of 2027, contract awards in 2028, operation in 2033.

Source: energypress · dated

Cyprus

IPTO chief: Great Sea Interconnector to end Cyprus's energy isolation

Manousakis called the agreement with Meridiam historic; Nexans manufactures the cables, and Cyprus is so far the only EU state not connected.

Source: OT.gr · dated

Cyprus

Cyprus opens €20m home energy upgrade scheme on 20 October

Funding covers insulation, windows, heat pumps, photovoltaics and battery storage among others; applications run from 20 October to 30 December 2026 or until the budget is exhausted.

Source: Cyprus Mail · dated

Context

What this means for procurement and projects

Derived from the items above — not a forecast.

Depending on the method, the rule requires additional meters and changes at grid and metering operators, which may create demand for metering equipment and storage projects.

Three large storage plants under construction with commissioning from 2027 point to ongoing demand for grid connection, transformer equipment and installation in Germany.

The memorandums open German-Turkish points of contact in grids, hydrogen and critical minerals; no specific projects are named in the source yet.

The timeline indicates future demand for submarine cable, surveying and converter services, with tenders from the end of 2027.

The project remains the central grid component for Cyprus; the source gives no completion date.

The scheme creates near-term demand for PV systems, storage and heat pumps in Cypriot homes.

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