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Newly Updated Report

Monthly highlight featuring one of our recently updated reports.

Belarus energy report

Highlights:
  • Belarus aims to reach a share of 9% of renewables in the energy mix by 2035.
  • In its updated NDC, the country committed to reduce its GHG emissions by 35% below the 1990 level in 2030.
  • The energy sector is dominated by 3 monopolies: Belenergo for power, Belorusneft for oil, and Gazprom for natural gas.
  • Belarus imports most of its oil and gas from Russia at discounted prices.
  • Gas dominates the power mix (78%), followed by nuclear (14%).
  • Oil prices are amongst the lowest in the region. Prices increased by around 8%/year since 2020.
  • Electricity prices fluctuate with the gas price.
  • Gas supplies 60% of the energy mix, followed by oil (26%). The residential sector absorbs 45% of the final energy consumption.
  • The country's second nuclear unit will be commissioned in 2023.
9%
of renewables in the energy mix in 2035
45%
of final energy used in the residential sector
35%
reduction in GHG emissions by 2030
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