Electricity in Maldives in 2022

In 2022, electricity consumption in the Maldives was overwhelmingly dependent on fossil fuels, with over 90% of the electricity derived from these non-sustainable sources. Only a small fraction, around 7%, came from low-carbon energy, specifically solar power. This significant reliance on fossil fuels highlights a critical need for the Maldives to diversify its energy mix to include more clean energy sources. Increasing reliance on solar power forms the entirety of their low-carbon energy share, indicating a starting point for their transition to more sustainable energy sources. Yet, there remains a vast potential for expanding clean energy initiatives to lessen the environmental impact and contribute to global climate goals.

Suggestions

To increase low-carbon electricity generation, the Maldives can learn from countries adept at harnessing various types of low-carbon energy. For island nations similar to the Maldives, such as Uruguay and Denmark, wind power significantly contributes to their electricity supply, accounting for about a third and more than half respectively. These countries serve as model examples for integrating wind energy efficiently. By following these examples, the Maldives might consider exploring both solar and wind energy, capitalizing on its geographical advantage with abundant sunlight and coastal winds. Moreover, the expansion of nuclear power across various countries, led by France with almost 70% of its electricity from nuclear sources, demonstrates the potential of nuclear energy as a reliable and substantial share of low-carbon electricity.

History

Looking back at the history of low-carbon electricity in the Maldives, there has been no recorded increase in solar power generation over the past decade, from 2014 to 2022. This stagnation indicates a period without notable development in solar energy infrastructure or policy changes to foster growth in this sector. The lack of progress presents an urgency for the Maldives to re-evaluate its energy strategies and make substantial investments in clean energy technologies to keep pace with global efforts for a cleaner future. By addressing this stagnation, the Maldives can pave the way for a sustainable energy landscape that prioritizes environmental responsibility and economic resilience.

Electricity Imports and Exports

Balance of Trade

Data Sources