Germany remains the largest contributor to fossil energy electricity production in Europe for 2023. However, it witnessed a significant decline of 5.18% in comparison to last year. The UK and Ukraine also experienced notable decreases of 6.23% and 5.92%, respectively. Conversely, Austria and Slovakia saw increases, with year-on-year variations of 2% and 3.79%. Although Lithuania's production skyrocketed by 20.6%, it remains a minor player overall. Over the last five years, a growing transition towards renewable sources is evident, given the negative compound annual growth rate in many countries.
Looking ahead, continued policy focus on sustainability, decarbonization, and energy security could further diminish the fossil energy share, anticipating renewable energy to capture an increased portion of the market. Monitoring regulatory changes, investments in renewable technologies, and geopolitical factors will be crucial.
Top countries in Fossil Energy Gross Electricity Production Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 20.47 | 2023 | -3.9% | -5.18% | View data |
| 2 | 2 Italy | 12.73 | 2023 | -1.16% | -0.84% | View data |
| 3 | 3 Poland | 10.99 | 2023 | +0.26% | -0.64% | View data |
| 4 | 4 Spain | 9.06 | 2023 | +7.32% | +1.02% | View data |
| 5 | 5 United Kingdom | 8.61 | 2023 | -6.68% | -6.23% | View data |
| 6 | 6 Netherlands | 5.74 | 2023 | -1.47% | -3.87% | View data |
| 7 | 7 France | 4.15 | 2023 | +2.42% | +1.88% | View data |
| 8 | 8 Czech Republic | 3.5 | 2023 | +2.55% | -0.85% | View data |
| 9 | 9 Ukraine | 3.44 | 2023 | -6.65% | -5.92% | View data |
| 10 | 10 Greece | 2.35 | 2023 | -3% | -3.78% | View data |
