Key Market Indicators
Luxembourg's hydropower consumption is projected to reach approximately 378 terajoules by 2028, up from around 377 terajoules in 2023. This represents a flat growth rate of 0% year on year. Historically, the nation's demand has grown by an average of 2.5% annually since 1995. In 2023, Luxembourg ranked 32nd globally in hydropower consumption, just behind Hungary, which also recorded about 377 terajoules. Leading the ranking were Sweden, France, and Italy at the second, third, and fourth positions, respectively. On the supply side, Luxembourg's hydropower generation is expected to reach 377 terajoules by 2028, up slightly from nearly 377 terajoules in 2023, maintaining an annual growth rate of 0%. Since 1995, the country's hydropower supply has also increased by an average of 2.5% per year. Luxembourg held the 32nd position in global rankings for hydropower generation in 2023, with Hungary surpassing it at almost 377 terajoules. Sweden, France, and Italy were the top three countries in this category.
