In 2023, Denmark led the European transformation output in natural gas, while France saw the most significant year-on-year increase at 64.16%. Belgium followed with a notable rise of 235.68%. Major producers like the United Kingdom and Italy showed moderate increases of 7.62% and 60.14%, respectively. Germany remained static. Over five years, the compound annual growth rate varied significantly, highlighting shifts in national energy policies and market dynamics.
Future trends to watch in the European transformation output of natural gas include:
- The transition to renewable energy might decrease dependency on natural gas over the long term.
- Governmental policies and international agreements could influence the pace and extent of natural gas use in energy transformation.
- Technological advancements operationalizing eco-friendly alternatives could reshape energy portfolios across countries.
Top countries in Transformation Output of Natural Gas Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 29.07 | 2023 | +20.69% | +33.57% | View data |
| 2 | 2 France | 26.7 | 2023 | +32.32% | +64.16% | View data |
| 3 | 3 United Kingdom | 19.5 | 2023 | +6.15% | +7.62% | View data |
| 4 | 4 Italy | 9.88 | 2023 | +28.03% | +60.14% | View data |
| 5 | 5 Netherlands | 9.29 | 2023 | +7.26% | +15.57% | View data |
| 6 | 6 Germany | 2.87 | 2023 | +2.6% | View data | |
| 7 | 7 Belgium | 0.72 | 2023 | +44.84% | +235.68% | View data |
| 8 | 8 Finland | 0.55 | 2023 | +8.31% | +9.05% | View data |
| 9 | 9 Austria | 0.45 | 2023 | +2.7% | View data | |
| 10 | 10 Spain | 0.33 | 2023 | +2.72% | +2.42% | View data |
