Key Market Indicators
Luxembourg's solar energy consumption is projected to hit zero exajoules by 2028, maintaining its current level from 2023. This forecast reflects an annual compound growth rate of 8.5%. Since 2018, the demand for solar energy in Luxembourg has climbed significantly, with an annual increase of nearly 15%. In 2023, Luxembourg ranked 28th globally in solar energy consumption. Norway led the rankings with zero exajoules, while Spain, Italy, and France secured the second, third, and fourth positions, respectively.
