Electricity exports from Russia may fall by 4% in 2025

Electricity exports from Russia by the end of 2025 may decrease by 4% compared to the same period last year, said Sergei Dregval, CEO of the operator of Russian export supplies, Inter RAO.

“We expect approximately minus 4% for the year, the final figure will depend on the influence of various factors,” he told journalists at the SPIEF.

According to him, this is a preliminary forecast, and the final volume will depend, among other things, on the availability of free capacity for export, the performance of networks and the needs of counterparties.

He said electricity exports had fallen by about 4% year-to-date as of mid-June compared to the same period last year, driven by a 44% drop in supplies to China due to rising demand in Russia's Far East and export restrictions. The decline was offset by strong exports to Kazakhstan and Mongolia.

In 2024, Inter RAO reduced electricity exports by 17.6%, to 8.53 billion kWh, more than half of which went to Kazakhstan.