The analysis of Global Total Support on End-Use Electricity for Producers reveals noticeable variations with Germany leading at $834.98 million in 2024. However, Germany experienced a decrease of 12.09% in 2023. Argentina stands at $131.71 million, showing a significant reduction of 27.43% in 2023. Spain follows at $86.73 million, with a 20.78% decline. Belarus is the only country with a positive change, increasing by 1.03%, bringing its total to $19.05 million. Colombia’s support is at $17.8 million, decreasing 1.77%. Over the last five years, the Compound Annual Growth Rate (CAGR) illustrates varied country's adjustments.
Future trends to watch include:
- Global economic conditions that may impact energy support policies and funding allocations.
- Investment in renewable energy technology and infrastructure could influence national support measures.
- Climate change policies and international agreements may drive adjustments in support allocation for sustainable electricity production.
Top countries in Total Support on End-Use Electricity for Producers by Country
| # | 5 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 834.98 | 2023 | -13.83% | -12.09% | View data |
| 2 | 2 Argentina | 131.71 | 2023 | -41.64% | -27.43% | View data |
| 3 | 3 Spain | 86.73 | 2023 | -33.81% | -20.78% | View data |
| 4 | 4 Belarus | 19.05 | 2023 | +2.66% | +1.03% | View data |
| 5 | 5 Colombia | 17.8 | 2023 | +3.81% | -1.77% | View data |
