Malta receives 16 offers for first utility-scale battery storage
Minister Dalli said the government received 16 offers for approximately 40 megawatts of energy storage capacity. “This shows the level of international interest in this
Malta, December 2023: The price of electricity for households is EUR 0.134 per kWh or USD 0.146 per kWh. The electricity price for businesses is EUR 0.149 kWh or USD 0.162 per kWh. This includes all components of the electricity bill such as the cost of power, distribution and taxes.
Since 2015, the Malta–Sicily interconnector allows Malta to be connected to the European power grid and import a significant share of its electricity. At 4.9%, Malta had the lowest share of renewables as part of gross inland energy consumption in the EU in 2017.
Energy in Malta describes energy production, consumption and import in Malta. Malta has no domestic resource of fossil fuels and no gas distribution network, and relies overwhelmingly on imports of fossil fuels and electricity to cover its energy needs.
Malta has four electricity plants operational and the total combined nominal installed capacity is 537.8 MW. The Malta–Sicily Interconnector, which has been in operation since April 2015, allows for an electricity link between the Maltese Islands and the Italian electricity market has bidirectional flow capacity of 200 MW.
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