European Fuel Oil Gross Electricity Production in 2024 showcases significant differences among countries. Spain leads with 668.37 thousand tonnes of oil equivalent (ktoe), despite a year-on-year decline of 2.28%. France follows with 329.32 ktoe, showing a slight increase of 1.13%. Greece, Cyprus, and Poland contribute 324.71 ktoe, 275.33 ktoe, and 151.27 ktoe, respectively, with Poland registering a notable 3.49% increase. Ireland shows the most significant growth, surging nearly 68.87% to 117.16 ktoe. Germany, Italy, and other countries display mixed trends, with notable declines in countries like Portugal (-26.37%), Ukraine (-27.51%), and the United Kingdom (-52.4%).
Future trends to monitor include:
- The sustainability of rapid growth in Ireland and potential saturation levels.
- The effectiveness of policy changes in countries showing declines, such as the United Kingdom and Finland.
- The impact of ongoing technological advancements and renewable energy adoption on overall fuel oil dependency.
- Economic and geopolitical developments influencing energy production and consumption patterns across Europe.
Top countries in Fuel Oil Gross Electricity Production by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 668.37 | 2023 | +2.81% | -2.28% | View data |
| 2 | 2 France | 329.32 | 2023 | +2.74% | +1.13% | View data |
| 3 | 3 Greece | 324.71 | 2023 | +3% | -0.087% | View data |
| 4 | 4 Cyprus | 275.33 | 2023 | +5.62% | -0.28% | View data |
| 5 | 5 Poland | 151.27 | 2023 | +0.13% | +3.49% | View data |
| 6 | 6 Ireland | 117.16 | 2023 | +1.13% | +68.87% | View data |
| 7 | 7 Germany | 83.86 | 2023 | +1.38% | -1.8% | View data |
| 8 | 8 Italy | 58.09 | 2023 | -44.41% | -6.79% | View data |
| 9 | 9 Slovakia | 40.53 | 2023 | +2.75% | +1.86% | View data |
| 10 | 10 Austria | 31.29 | 2023 | -4.99% | +1.49% | View data |