The European Liquefied Petroleum Gases (LPG) Gross Electricity Production Share in 2023 revealed significant diversity among countries. Germany leads with a substantial share, followed by Greece, whose growth is particularly noteworthy with over 50% increase from the prior year. Smaller markets like Finland show significant percentage growth, highlighting potential emerging players. Conversely, Italy and Denmark experienced declines, suggesting shifts in energy portfolios or efficiencies. Overall, the five-year compound annual growth rate (CAGR) suggests a stable increase in LPG utilization for gross electricity production.
Looking forward, future trends to monitor include potential policy shifts supporting renewable energy, possibly affecting LPG utilization. Market fluctuations in countries like Finland and Greece may continue, and innovations in LPG technology could impact production efficiencies and environmental impacts.
Top countries in Liquefied Petroleum Gases Gross Electricity Production Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 59.48 | 2023 | +10.44% | +0.57% | View data |
| 2 | 2 Greece | 14.66 | 2023 | +0.42% | +51.01% | View data |
| 3 | 3 Czech Republic | 7.87 | 2023 | +2.75% | +2.48% | View data |
| 4 | 4 Belgium | 4.98 | 2023 | +27.86% | +10.97% | View data |
| 5 | 5 Italy | 4.33 | 2023 | +1.9% | -7.19% | View data |
| 6 | 6 Sweden | 4.16 | 2023 | +1.68% | +5.84% | View data |
| 7 | 7 Slovenia | 1.76 | 2023 | +6.62% | -0.76% | View data |
| 8 | 8 Ireland | 1.32 | 2023 | +9.8% | +1.41% | View data |
| 9 | 9 Finland | 0.76 | 2023 | +0.53% | +16.93% | View data |
| 10 | 10 Spain | 0.51 | 2023 | +24.75% | View data |
