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The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expressed in this paper are entirely those of the authors. They do not necessarily represent the views of the International Bank for Reconstruction and Development/World Bank and its affiliated organizations, or those of the Executive Directors of the World Bank or the governments they represent.

Decarbonisation of national economies to mitigate climate change requires transformation of the entire energy system. Investments in renewable energy technologies in the electricity supply system are increasing, but substantial effort is called for in other sectors, such as transport. While European Union member states have submitted their integrated National Energy and Climate Plans, this paper focuses on partial electrification of the transport sector as a measure to reduce carbon dioxide emissions in the isolated grid system of Cyprus in a cost-effective manner. The present work assesses the impact of electric vehicle deployment on the share of renewable electricity generation, electricity costs and carbon dioxide emissions. Quantification of these aspects is provided with an outlook until 2035. A cost-optimisation model (OSeMOSYS) is used that takes into account the electricity supply, road transport, and heating and cooling sectors. Smart charging option is also evaluated as a possibility.

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