Tuesday, 02 January 2024 12:17 GMT

Russian electricity exports to China decrease 44 percent


(MENAFN) Russia’s electricity exports to China dropped sharply by 44% in the first half of 2025, according to Inter RAO, the state-owned energy exporter. The decline is attributed to restrictions imposed to prioritize rising energy demand within Russia’s Far East, alongside reduced hydroelectric capacity due to low water levels in reservoirs.

China, the world’s largest energy consumer, accounted for a third of global electricity demand in 2024, according to energy research group Ember Energy. Despite this, Russia’s electricity deliveries to China fell significantly, Inter RAO CEO Sergey Drevgal told Vedomosti. Russia’s total electricity exports also dropped 17.6% in 2024 to 8.53 billion kilowatt-hours.

During the St. Petersburg International Economic Forum (SPIEF), Drevgal explained that these export restrictions will likely lead to even lower electricity volumes supplied to China in 2025 compared to last year. In 2024, Russia exported only 0.9 billion kilowatt-hours to China, a sharp decrease from 3.1 billion kilowatt-hours in 2023.

Drevgal noted that electricity exports to Kazakhstan — Russia’s largest electricity importer — and Mongolia are expected to remain stable in 2025. Exports to Kyrgyzstan, however, will depend on Kazakhstan’s grid transmission capacity.

He declined to predict Russia’s total electricity export volumes for the year, citing uncertainties such as consumption patterns at home and abroad, price fluctuations in energy markets, exchange rate changes, and other influencing factors.

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