In 2023, Germany led the European Transformation Output of Electricity with 50.77 Mtoe but faced a slight decline of -1.69% year-on-year. France followed with 46.88 Mtoe, also experiencing a -1.29% drop. The United Kingdom and Italy both had modest decreases, while Spain's production was relatively stable. Notably, Poland and Sweden saw minor increases, with the Netherlands and Belgium showing more substantial growth. Eastern European countries like Ukraine, Romania, and Albania experienced more significant reductions, reflecting potential economic or operational challenges.
For future trends, expect substantial growth in renewable energies across Europe as nations strive to meet net-zero targets. Watch for advancements in grid infrastructure and storage solutions to support the intermittent nature of renewables. Additionally, geopolitical shifts and policy changes could influence the electricity output dramatically, especially in nations currently facing economic and political instability.
Top countries in Transformation Output of Electricity by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 50,770 | 2023 | +0.058% | -1.69% | View data |
| 2 | 2 France | 46,880 | 2023 | -0.61% | -1.29% | View data |
| 3 | 3 United Kingdom | 26,940 | 2023 | -0.95% | -1.22% | View data |
| 4 | 4 Italy | 24,630 | 2023 | -0.18% | -0.23% | View data |
| 5 | 5 Spain | 23,310 | 2023 | +0.15% | -0.24% | View data |
| 6 | 6 Poland | 14,870 | 2023 | +0.59% | +0.33% | View data |
| 7 | 7 Sweden | 14,380 | 2023 | +0.34% | +0.47% | View data |
| 8 | 8 Norway | 13,390 | 2023 | +1.14% | +1.14% | View data |
| 9 | 9 Ukraine | 11,670 | 2023 | -3.05% | -3.22% | View data |
| 10 | 10 Netherlands | 10,740 | 2023 | +1.12% | +1.8% | View data |