Energy Storage Projects in Belarus Key Players and Market Insights
Belarus is emerging as a strategic hub for energy storage solutions in Eastern Europe. This article explores active companies driving battery storage innovation and renewable energy
Belarus's energy sector is dominated by state-owned companies operating under supervision of the Ministry of Energy in electricity, gas and part of the heat sector, and under BelNefteKhim (Belarus State Concern for Oil and Chemistry) in the oil, refining and petrochemicals sector.
Total energy consumption (measured by total primary energy supply) in Belarus was 27.0 Mtoe in 2018, comparable with consumption in Norway and Hungary. The industry sector is the largest final energy consumer with a 36% share (7.3 Mtoe in 2018); it is also the greatest consumer of electricity and heat.
Despite having the world's third-largest production of peat (544 kilotonnes of oil equivalent [ktoe] or 2354 kt in 2018), and small amounts of crude oil (1 678 ktoe in 2018) and natural gas production (128 ktoe in 2018), Belarus depends heavily on imports to cover its energy demand.
Belarus is a large oil refiner (36th in the world, at 19 Mt of oil products in 2018). Belarus depends heavily on imports for all types of fossil fuels, supplied mainly by Russia.
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