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China and Russia in talks after halt to power supplies
Russia's electricity export prices rose 42% above China's domestic rates, halting imports that supplied about 4 billion kWh annually under contracts valid until 2037.
- On Jan. 1, China halted electricity imports from Russia and declined the minimum contracted volume, Kommersant reported; the Russian Energy Ministry told Reuters on Friday it is negotiating with Beijing for possible resumption.
- Russian electricity prices rose 42% year-on-year, while China's domestic power price remains around 350 yuan per MWh, Kommersant reported.
- Inter RAO says it exports an estimated 4 billion kilowatt-hours per year to China's State Grid Corporation, with supply contracts valid until 2037 and ongoing talks to explore electricity-trade opportunities.
- Kommersant reported that exports are unlikely to resume in 2026, as Russia prioritizes meeting growing electricity demand in Russia's Far East regions.
- Beyond the immediate halt, China-Russia energy ties remain strategic and bilateral trade still totalled $234 billion in 2024, while Power of Siberia 2 pipeline talks stall over Gazprom's delivery price.
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China's stoppage of imports of Russian electricity creates tensions. High prices and supply bottlenecks put a strain on relations.
·Berlin, Germany
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As of January 2026, China will stop imports of electricity from Russia. The reason is increased export prices.
China halts Russian electricity imports as prices exceed domestic rates
China has suspended purchases of Russian electricity after export prices, starting in January 2026, exceeded domestic rates in China for the first time. Since the start of 2026, China has completely stopped importing electricity from Russia and isn’t buying even the minimum contractual volume - about 12 MW, Russian media reported. Sources say Russian electricity exports to China are unlikely to resume this year because the delivery price since J…
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Total News Sources22
Leaning Left8Leaning Right2Center3Last UpdatedBias Distribution62% Left
Bias Distribution
- 62% of the sources lean Left
62% Left
L 62%
C 23%
15%
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