This study uses a New Keynesian model with a detailed energy block to estimate the macroeconomic impact that the fixed energy price policy, adopted by the Maltese
Malta''s innovative long-duration energy storage technology stores electricity as thermal energy from eight hours to eight days or longer, later returning it to the grid to meet
Preparations are in hand for the country to have its first large battery plant that will store electric energy by means of Interconnect Malta in collaboration with Enemalta and the subsidiary company International
Malta has the lowest electricity prices for domestic consumers in the European Union when measured in terms of purchasing power standards (PPS). This is according to
To explore the application potential of energy storage and promote its integrated application promotion in the power grid, this paper studies the comprehensive application and
Malta has the lowest electricity prices for domestic consumers in the European Union when measured in terms of purchasing power standards (PPS). This is according to
Preparations are in hand for the country to have its first large battery plant that will store electric energy by means of Interconnect Malta in collaboration with Enemalta and the
Malta''s innovative long-duration energy storage technology stores electricity as thermal energy from eight hours to eight days or longer, later returning it to the grid to meet hourly,...
During 2024, a total of 970.4 GWh were imported through the interconnector, registering an increase of 49.7 per cent when compared to the previous year (Table 5). The
"We''re basically trying to catch sunlight in a cardboard box," said Dr. Elena Marquez, Malta Project''s lead engineer, at the 2025 Global Energy Storage Summit. "Our solution? Turn
The Delimara BESS, located at the power station in the area, is expected to cost €35 million and if its funding bid is successful, up to a maximum of 60% of that cost will be
This project is in alignment with Malta''s energy and climate strategies, as it emphasises the integration of energy emanating from renewable sources and the mitigation of energy

Malta’s innovative long-duration energy storage technology stores electricity as thermal energy from eight hours to eight days or longer, later returning it to the grid to meet hourly, daily, and weekly needs.
All-in-all, the fixed energy price strategy currently enacted by Government has been successful at smoothing out the efects of the energy price spikes by supporting aggregate demand in Malta, while controlling consumer inflation and thus preserving the purchasing power of consumers.
While Malta has the third-lowest nominal electricity price for domestic consumers in the EU at €0.131 per unit, when adjusted for PPS – a method used to compare costs between countries based on their cost of living – the burden on Maltese families is the lowest in the EU, at 14.33 PPS per 100kWh.
Christian Bruch, President and CEO of Siemens Energy, said, “ Malta’s innovative thermoelectric energy storage system offers a flexible, cost-effective and scalable solution for the storage of energy over long periods of time. With our support, Malta is well positioned to be the first company to commercialize such a solution globally.
This project is in alignment with Malta’s energy and climate strategies, as it emphasises the integration of energy emanating from renewable sources and the mitigation of energy curtailment, thus enhancing energy security and reducing carbon emissions.
This study uses a New Keynesian model with a detailed energy block to estimate the macroeconomic impact that the fixed energy price policy, adopted by the Maltese Government, have had on the Maltese economy.
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