Key Market Indicators
Iceland is projected to reach a total energy consumption of 230 petajoules by 2026, a 0.6% increase from 2021. That year, Iceland ranked 73rd, after Lithuania with its consumption of 210 petajoules. The United States, India and Russia, respectively, were the 2nd, 3rd and 4th highest-ranking countries in this ranking. Iceland is expected to reach 6.55 million tonnes of oil equivalent in energy supply by 2026, a 1.2% compound annual growth rate since 2021. Since 1965, Icelandic supply has grown by 2.8% year-on-year. In 2021, the country was 103rd, with Laos ahead at 6.07 million tonnes of oil equivalent. The United States, India and Russia respectively were the 2nd, 3rd and 4th highest-ranking countries in this ranking.
Iceland Energy Market Data and Forecasts
How much will Iceland Energy Market grow to 2026?
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