Belarus energy report
This analysis includes a comprehensive Belarus energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2018 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.
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Institutions & Energy Policy
The Ministry of Energy (Minenergo) is in charge of the country's energy policy, including the security of supply.
The Ministry of Natural Resources and Environmental Protection is in charge of regulating the power generation from renewable energy sources.
Belenergo is the national vertically integrated electricity company, created in 1994. It is controlled by the Ministry of Energy.
Belarus is very poor in conventional energy resources. Gas and oil resources are very limited, with proven reserves estimated at around 33 Mt for oil and 0.5 bcm for gas (end-2018). Hydroelectric resources are around 1 TWh.
Electricity prices are regulated. Electricity prices for residential consumers decreased significantly between 2007 and 2012, from US6.8c/kWh to US3.5c/kWh (-15%/year). In 2013 the Government decided to reduce subsidies for households and to introduce a three-stage payment system depending on consumer consumption.
Per capita energy consumption stands at 2.8 toe (2018), including approximately 3 400 kWh of electricity.
Total energy consumption remained roughly stable between 2015 and 2017 (around 25 Mtoe) and rebounded in 2018 by 4% to reach 26.6 Mtoe.
Issues & Prospects
The main goal of the state energy policy until 2020 is to introduce energy-efficient technologies and reduce the country's dependence on Russia.
- GENERAL OVERVIEW
- INSTITUTIONS AND ENERGY POLICY
- ENERGY COMPANIES
- ENERGY SUPPLY
- ENERGY PRICES
- ENERGY CONSUMPTION
- ISSUES AND PROSPECTS
- DATA TABLES
Below is a list of the Belarus energy market report graphs:
- GRAPH 1: CO2-energy emissions (MtCO2)
- GRAPH 2: Installed electric capacity by source (2017, %)
- GRAPH 3: Gross power production by source (TWh)
- GRAPH 4: Power generation by source (2017, %)
- GRAPH 5: Gasoline & diesel prices (US$/l)
- GRAPH 6: Electricity prices for households (US$c/kWh)
- GRAPH 7: Consumption trends by energy source (Mtoe)
- GRAPH 8: Total consumption market share by energy (2017, %)
- GRAPH 9: Final consumption market share by sector (2017, %)
In the Belarus energy market report you will find the following tables:
- Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
- Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
- Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
- Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
The Belarus energy market data since 1990 and up to 2018 is included in the Excel file accompanying the Belarus country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
- Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
- Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
- Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
- Energy Balance: total and per energy.
- Belarus Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Belarus energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).
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