Key Market Indicators
Belgium's electricity generation is anticipated to hit approximately 97 terawatt-hours by the year 2028, marking a modest increase from around 96 terawatt-hours in 2023. This growth translates to an average annual increase of 0.1%. Historically, Belgium has experienced a 5% annual growth in electricity supply since 1990. In the 2023 global rankings for electricity generation, Belgium secured the 37th position. Just ahead of Belgium, Bangladesh also generated around 96 terawatt-hours. The leading nations in electricity generation for 2023 were the United States, India, and Russia, occupying the second, third, and fourth positions, respectively.
