In 2023, Denmark led European gross heat production of electricity with a production of 130.01 thousand tonnes of oil equivalent, showing a significant increase of 38.28% from 2022. Conversely, Norway and Ukraine saw slight decreases in production, with Norway down by 0.13% and Ukraine by 0.48%. Kosovo, following Denmark, posted strong growth at 9.04%. Iceland maintained a steady increase of 0.3%. Austria's production grew substantially by 16.53%, while France and the Czech Republic observed moderate increases of 2.94% and 3.29%, respectively. Finland also had a modest increase of 3.3%, while Hungary remained stable.
- Future trends to watch in European gross heat production of electricity by country include the potential impact of renewable energy policies aiming to reduce carbon emissions, which could alter the energy mix in these countries. Government investments in sustainable energy may encourage continued growth in countries like Denmark and Austria, while geopolitical developments could influence production in regions such as Ukraine and Norway.
Top countries in Gross Heat Production of Electricity by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 130.01 | 2023 | +21.86% | +38.28% | View data |
| 2 | 2 Norway | 64.24 | 2023 | +0.23% | -0.13% | View data |
| 3 | 3 Ukraine | 31.64 | 2023 | +5.62% | -0.48% | View data |
| 4 | 4 Kosovo | 28.99 | 2023 | +6.78% | +9.04% | View data |
| 5 | 5 Iceland | 21.51 | 2023 | +1.32% | +0.3% | View data |
| 6 | 6 Sweden | 19.44 | 2021 | -35.19% | -1.02% | View data |
| 7 | 7 Hungary | 1.9 | 2023 | +2.87% | View data | |
| 8 | 8 Finland | 1.85 | 2023 | +13.6% | +3.3% | View data |
| 9 | 9 Slovakia | 1.47 | 2023 | -1.21% | -1.37% | View data |
| 10 | 10 Austria | 0.56 | 2023 | 0% | +16.53% | View data |
