Key Market Indicators
Luxembourg's electricity generation is projected to reach approximately 2.3 terawatt-hours by 2028, marking a slight increase from around 2.2 terawatt-hours in 2023. This represents an annual growth rate of about 0.4%. Since 1990, the country's electricity supply has been increasing at an average yearly rate of 0.3%. In the global ranking for 2023, Luxembourg held the 77th position, just behind Lithuania, which recorded similar figures of around 2.2 terawatt-hours. The leading nations in electricity generation were the United States, India, and Russia, occupying the second, third, and fourth spots, respectively.
