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Russian electricity exports may decrease by 25% in 2024

According to the statement, the total volume of supplies last year was 10.3 bln kWh and there will be a decrease to about 8 bln kWh excluding China

ST. PETERSBURG, June 6. /TASS/. Electricity exports from Russia in 2024 could reach around 8 bln kWh compared to 10.7 bln kWh in 2024 due to a decrease in supplies to China, member of the board of Inter RAO (the only operator of import and export of electricity in Russia) Alexandra Panina said on the sidelines of the St. Petersburg International Economic Forum (SPIEF).

At the same time, exports to China may decrease to 1 bln kWh.

"In a realistic scenario, [electricity supplies to China will reach] around 1 bln kWh. The total volume of supplies last year was 10.3 bln kWh and there will be a decrease to about 8 bln kWh excluding China [this year]," she said.

The St. Petersburg International Economic Forum (SPIEF) is held on June 5-8. This year’s theme will be "The Formation of New Areas of Growth as the Cornerstone of a Multipolar World." Scheduled events include meetings for small and medium-sized businesses, creative industries, the SPIEF Youth Day, as well as the Drug Security, SPIEF Academy and SPIEF Junior forums. SPIEF is organized by the Roscongress Foundation. TASS is the information partner of the event.

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