The analysis of European Gross Heat Production of Electricity Share by Country in 2024 reveals Denmark leading with the highest share, bolstered by a remarkable year-on-year increase of 38.17%. Conversely, Sweden experienced a dramatic decline of 33.06%. Other countries, like Kosovo and Austria, also showed notable growth with increases of 9.04% and 16.52%, respectively. Latvia saw a slight downturn by 0.23%. Over the past five years, volatility characterized the sector, with varied performance across countries like Norway, Ukraine, and Slovakia showing marginal increases or declines.
Future trends to watch include:
- The potential impact of renewable energy transitions on traditional heat production.
- Technological advancements in electricity production efficiency.
- Policy changes in response to environmental concerns and carbon footprint reduction.
- The possible entry of new markets and players in the energy sector.
Top countries in Gross Heat Production of Electricity Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 45.42 | 2023 | +21.64% | +38.17% | View data |
| 2 | 2 Norway | 22.89 | 2023 | +0.54% | +0.18% | View data |
| 3 | 3 Ukraine | 10.79 | 2023 | +4.8% | -1.06% | View data |
| 4 | 4 Kosovo | 10.17 | 2023 | +6.77% | +9.04% | View data |
| 5 | 5 Iceland | 7.54 | 2023 | +1.32% | +0.3% | View data |
| 6 | 6 Sweden | 0.78 | 2023 | -61.11% | -33.06% | View data |
| 7 | 7 Hungary | 0.67 | 2023 | +2.82% | View data | |
| 8 | 8 Finland | 0.65 | 2023 | +13.61% | +3.3% | View data |
| 9 | 9 Slovakia | 0.52 | 2023 | -1.24% | -1.38% | View data |
| 10 | 10 Austria | 0.2 | 2023 | +0.015% | +16.52% | View data |
