MOSCOW: Russia’s “Inter RAO,” the sole operator for electricity exports and imports in the country, has reported a notable shift in its energy trade patterns, with a 33.5% decrease in electricity exports and a 12.7% increase in imports during the first three quarters of 2024.

According to Azeri-Press News Agency, the company exported 5.546 billion kWh of electricity from January to September 2024, marking a significant drop compared to previous years. In contrast, imports rose to 1.603 billion kWh, driven by increased electricity flows from Kazakhstan, Georgia, and Azerbaijan. This shift highlights a strategic reorientation in Russia’s energy trade amidst evolving regional dynamics.

The reduction in electricity exports is attributed to a decrease in supply to China, primarily due to restrictions within the Far East energy system. Meanwhile, export deliveries to countries like Kazakhstan, Kyrgyzstan, and Mongolia witnessed an uptick, reflecting a nuanced approach in Russia’s energy partnerships.

“Inter RAO”
plays a pivotal role in managing energy assets not only within Russia but also across Europe and the Commonwealth of Independent States (CIS). The company’s operations are integral to the broader energy strategies of the Russian Federation as it adapts to changing geopolitical and economic landscapes.