Electricity in Malta in 2023/2024

Over the 12-month period from July 2023 to June 2024, the electricity consumption in Malta has been predominantly based on fossil fuels, with close to all of it, around 86%, being generated from fossil energy, predominantly natural gas. Meanwhile, the contribution of low-carbon electricity generation is reported at approximately 14%, signifying a crucial but relatively small share in the electricity mix. Within this, solar power is the main contributor, making up nearly the entire portion of the low-carbon segment, or close to 14%. There appears to be minimal, if any, contribution from other low-carbon sources like wind or nuclear. This indicates that while Malta is making strides in clean energy, it is currently overly reliant on fossil fuels for its electricity, which poses significant implications for sustainability and climate change.

Suggestions

To boost low-carbon electricity generation, Malta could enhance its existing solar infrastructure given its significant solar potential as evidenced by the current contributions. Additionally, Malta might consider diversifying its clean energy portfolio by investing in nuclear power, considering its remarkable performance in countries like Slovakia, where nuclear energy constitutes 60% of electricity generation. Nuclear power can provide a stable and substantial energy supply, supplementing solar in Malta. Furthermore, Malta could also look into developing wind energy, as seen in Denmark where wind accounts for more than half of the electricity generated. Drawing lessons from these countries could facilitate a more robust clean energy transition for Malta.

History

Examining Malta's history in low-carbon electricity, significant advancements have been sparse. From 2010 to 2020, solar energy did not contribute meaningfully, maintaining a steady state of close to none. A positive shift was observed in 2023 with an increase in solar generation by 0.2 TWh, although immediately followed by a decline of the same amount into 2024. It appears that expeditions into biofuels have similarly seen no progress. This stagnation in diversified low-carbon electricity initiatives, particularly the absence of those such as nuclear power which proved transformative in other nations, underscores an untapped potential that could pave the way for a cleaner, more sustainable electricity future in Malta. Such a shift is essential to combat the impacts of climate change and secure energy independence.

Electricity Imports and Exports

Balance of Trade

Data Sources