In 2023, Germany led the European Transformation Output of Electricity Share with 16.36%, followed by France at 15.16%, and the United Kingdom at 8.71%. Germany and France observed slight year-on-year declines of -1.61% and -1.29%, respectively, while Belgium experienced a significant increase of 5.79%. Eastern European countries like Poland and Slovakia recorded moderate growth at 0.31% and 2.41%, respectively. On the contrary, several smaller countries including Estonia (-11.21%) and Albania (-3.68%) saw notable declines.
Trends to watch for:
- Germany and France may continue to see a gradual reduction in their shares.
- Resilience in Belgium's and Hungary's electricity output with continued growth trends.
- Southern and Eastern Europe, particularly Poland, Slovakia, and Moldova, might see further expansions in their share of electricity output.
- Monitoring Norway and Austria for sustained growth stemming from renewable energy investments.
Top countries in Transformation Output of Electricity Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16.36 | 2023 | +0.25% | -1.61% | View data |
| 2 | 2 France | 15.16 | 2023 | -0.61% | -1.29% | View data |
| 3 | 3 United Kingdom | 8.71 | 2023 | -0.95% | -1.22% | View data |
| 4 | 4 Italy | 7.96 | 2023 | -0.18% | -0.23% | View data |
| 5 | 5 Spain | 7.57 | 2023 | +0.39% | -0.15% | View data |
| 6 | 6 Poland | 4.8 | 2023 | +0.59% | +0.31% | View data |
| 7 | 7 Sweden | 4.67 | 2023 | +0.41% | +0.54% | View data |
| 8 | 8 Norway | 4.33 | 2023 | +1.14% | +1.14% | View data |
| 9 | 9 Ukraine | 3.86 | 2023 | -2.13% | -2.8% | View data |
| 10 | 10 Netherlands | 3.47 | 2023 | +1.12% | +1.8% | View data |
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