In 2022, the electricity supplied amounted to 2,880.9 GWh, an increase of 7.8 per cent when compared to previous year. During 2022, the electricity supply in Malta comprised of net generation from power plants (67.5 per cent), supply from net imports (22.2 per cent) and renewable sources (10.3 per cent) (Table 1 and Chart 1).
Imports In 2022, Malta imported $189M in Electricity, becoming the 52nd largest importer of Electricity in the world. At the same year, Electricity was the 9th most imported product in Malta. Malta imports Electricity primarily from: Italy ($189M). The fastest growing import markets in Electricity for Malta between 2021 and 2022 were Italy ($110M).
Annual data on oil products, electricity, and renewable energy covers the full spectrum of the energy balances positions from supply through transformation to final energy consumption by sector and fuel type.
The industry generates electric power and is responsible for its transmission from generating facilities to distribution centres, which deliver electricity to end users.
Decarbonisation objectives have spurred a major shift among electricity producers. Electricity generation has increasingly shifted towards renewables as European governments pursue net-zero goals.
Market concentration varies throughout the electricity value chain. Efforts to promote competition and the shift to renewables have decreased competition in electricity supply and generation, though distribution and transmission remain dominated by a small number of highly regulated companies.
European utilities are highly regulated to protect consumers and promote sustainability. Mandates on renewable energy, emissions reductions, and consumer protections ensure a balance between environmental goals and market stability.
Soaring prices have had a mixed impact on profitability. Suppliers have had to shoulder whole price increases since the start of the energy crisis, while renewable generators have collected higher profits from electricity sold to the wholesale market.
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