In 2023, Germany led the global total support on end-use electricity for producers, valued at $85.59 million USD, despite experiencing a 12.09% decrease. Argentina faced the most significant decline with a 27.43% drop to $13.5 million USD. Spain also showed a substantial decrease of 20.78%, reaching $8.89 million USD. Belarus and Colombia remained relatively stable, with minor changes of 1.03% increase and 1.77% decrease respectively, standing at $1.95 and $1.82 million USD.
Looking ahead, watch for shifts influenced by technological advancements, policy reforms promoting sustainable energy, and economic factors affecting global energy markets. These elements could reshape producer support and allocation patterns.
Top countries in Total Support on End-Use Electricity for Producers Share by Country (Million US Dollars)
| # | 5 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 85.59 | 2023 | -13.83% | -12.09% | View data |
| 2 | 2 Argentina | 13.5 | 2023 | -41.64% | -27.43% | View data |
| 3 | 3 Spain | 8.89 | 2023 | -33.81% | -20.78% | View data |
| 4 | 4 Belarus | 1.95 | 2023 | +2.66% | +1.03% | View data |
| 5 | 5 Colombia | 1.82 | 2023 | +3.81% | -1.77% | View data |
