As of 2021 there is little use of solar power in Belarus but much potential as part of the expansion of renewable energy in Belarus, as the country has few fossil fuel resources and imports much of its energy. At the end of 2019 there was just over 150MW produced by solar power. In June 2016, a solar farm in the area with a capacity of 5.7-5.8 MW was launched - more than any of the previous ones, not only in Belarus, but also in •.
Why is solar power important in Belarus?
In the last decade, solar power capacity has grown tremendously to become the fastest-growing source of renewable energy in the world. Solar power directly contributes to the Belarus's energy security and independence, as well as helping to meet rising electricity demand and CO2 emission reduction goals.
Belarus does not have a single independent energy regulatory authority. The Ministry of Antimonopoly Regulation and Trade is responsible for regulating electricity and heat tariffs for industrial customers, independent suppliers and all categories other than residential consumers, based on the 2011 Decree on Price Tariffs.
What does the republican unitary enterprise Belarusian nuclear power plant do?
In accordance with Presidential Decree No. 583 of December 2013, the Republican Unitary Enterprise Belarusian Nuclear Power Plant performs the functions of holder and operating organisation for commissioning, operations, performance control, lifetime extension and decommissioning of the Belarusian NPP.
Will ENTSO-E improve the reliability of Belarus's energy system?
The strategic plans of the Baltic States' and Ukraine's energy systems to join the European Network of Transmission System Operators for Electricity (ENTSO-E) energy system have reduced the external connections – and thus the reliability – of Belarus's energy system.
Belarus transits gas from Russia to Ukraine, Poland, Lithuania and Russia's Kaliningrad region (through Lithuania). Gazprom-TransGaz operates the Yamal-Europe transmission pipeline that provides gas to Germany and is owned by Gazprom.
How does dbrb finance projects in Belarus?
The Development Bank of the Republic of Belarus (the DBRB) can finance long-term projects of major social and economic importance through direct lending or financing by leasing, or can act as an intermediary to attract borrowed funds from the financial market. Other Belarusian commercial banks can finance projects through the securities market.