Electricity in Malta in 2024

In 2024, electricity consumption in Malta is largely dependent on fossil fuels, with more than half of its electricity, approximately 58%, being derived from gas sources. This reliance on fossil fuels highlights the urgent need for a transition towards more sustainable energy solutions to reduce carbon emissions and mitigate the effects of climate change. Additionally, almost a third of Malta's electricity is from net imports, emphasizing the country's dependency on external sources, which might raise concerns about energy security. In contrast, low-carbon or clean energy sources make up a relatively small portion of Malta's electricity matrix, with only about 12% derived from such technologies. Notably, solar energy contributes nearly all of this low-carbon segment, showing some progress but still leaving substantial room for expansion.

Suggestions

To increase the share of low-carbon electricity generation, Malta can focus on expanding its existing solar capabilities. Given the country's abundant sunlight, it is well-positioned to harness more solar energy. Furthermore, Malta can learn from other countries with successful low-carbon energy policies. For example, Lebanon's substantial solar energy generation of 31% highlights the potential benefits of amplifying solar projects. Additionally, countries like Uruguay, Denmark, and Ireland have tapped significantly into wind energy, forming almost a third of their electricity generation. While these countries have diversified their energy portfolios by harnessing low-carbon sources like wind, Malta can adopt and adapt these clean energy strategies, considering their geographical and economic contexts, to steadily phase out fossil fuel dependence. Although Malta lacks nuclear energy expertise, looking at European nuclear success stories like France and Slovakia might spark further interest in exploring this avenue for clean energy.

History

Historically, Malta's efforts in low-carbon electricity generation, particularly in the realm of solar energy, have been gradual and mostly stagnant for over a decade. From 2010 to 2024, there has been no increase in solar electricity generation, which indicates a missed opportunity to capitalize on the advancements in solar technology. Additionally, attempts in biofuels during 2011-2015 also did not see any increase in generation. The lack of progress can be seen as a call to action for Malta to embrace a more proactive approach in transitioning its electricity system by prioritizing investment in solar infrastructure and exploring collaborations in nuclear technology. As Malta looks forward, steering its energy policies towards clean, sustainable sources will be crucial to meeting both environmental and economic challenges while ensuring energy independence and security.

Electricity Imports and Exports

Balance of Trade

Data Sources