Key Market Indicators
Luxembourger Renewable Generation is projected to hit 2.3 Terawatt-hours by 2028, up from 1.4 Terawatt-hours in 2023. This marks an average annual growth rate of 7.5%. Since 1982, the nation's renewable energy supply has seen a significant year-on-year increase of 19.3%. In the 2023 rankings, Luxembourg stood at 29th place, with Slovakia narrowly ahead, also at 1.4 Terawatt-hours. Leading the rankings were the United Kingdom, Spain, and France, securing the 2nd, 3rd, and 4th positions, respectively.
