The 2023 data reveals that Norway leads in fossil fuel extraction within Europe, holding a dominant share despite a slight increase of 0.97%. Germany, although significant, showed a notable decline of 5.1%. The Netherlands experienced the largest decrease at over 20%, reflecting a shift from traditional energy sources. Poland and the UK also reduced extraction levels, aligning with broader decarbonization efforts.
Countries like Belgium, Serbia, and Albania exhibited small increases, albeit from a smaller base. Greece witnessed a sharp drop of over 35%, potentially due to policy shifts or resource depletion.
Future trends may see further declines in fossil fuel extraction as European nations emphasize renewable energy sources. Regulatory policies, technological advancements, and international climate commitments will likely accelerate this transition, reshaping the energy landscape.
Top countries in Fossil Fuels Energy Domestic Extraction Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 28.36 | 2023 | -0.24% | +0.97% | View data |
| 2 | 2 Germany | 18.36 | 2023 | -1.24% | -5.1% | View data |
| 3 | 3 Poland | 14.8 | 2023 | -1.89% | -2.81% | View data |
| 4 | 4 United Kingdom | 9.85 | 2023 | -4.94% | -4.39% | View data |
| 5 | 5 Serbia | 5.22 | 2023 | -0.19% | +0.19% | View data |
| 6 | 6 Czech Republic | 4.41 | 2023 | -5.06% | -5.29% | View data |
| 7 | 7 Bulgaria | 4.09 | 2023 | -13.6% | +0.29% | View data |
| 8 | 8 Romania | 3.6 | 2023 | -4.59% | -4.78% | View data |
| 9 | 9 Bosnia and Herzegovina | 1.61 | 2023 | -3.07% | -2.51% | View data |
| 10 | 10 Netherlands | 1.35 | 2023 | -30.58% | -20.26% | View data |
