Russian energy corporation Inter RAO has recorded a 4% decline in total electricity exports as of mid-June 2025. The drop is primarily attributed to a sharp decrease in electricity deliveries to China, reports Baltimore Chronicle with reference to Reuters.
According to the company’s Chief Executive Officer, Sergey Dregval, Kazakhstan and Mongolia remain the main destinations for Russian electricity exports, with consistently high volumes expected to continue. By the end of the year, the total export volume is projected to remain approximately at the same level — down 4%.
Dregval noted that electricity exports to China have plummeted by 44% since the beginning of the year. This decline, he explained, is the result of export restrictions imposed amid a surge in electricity demand within Russia’s Far Eastern power grid, combined with low hydrological reserves at hydroelectric reservoirs in the eastern regions of the country.
In 2024, Inter RAO already reduced its electricity exports by 17.6%, bringing the total to 8.53 billion kilowatt-hours. Approximately 54% of those exports were directed to Kazakhstan, which since 2023 has become the largest foreign market for Russian electricity.
Earlier we wrote that Russia’s steel sector in decline.