In 2023, Italy led in global direct transfer for natural gas in electricity generation with $1.13 billion, showcasing a 4.29% increase. Ukraine remained stable with $0.173 billion and no growth. Slovenia experienced a slight decrease of 0.16% at $0.033 billion, while Latvia saw a sharp decline of 26.07% at $0.015 billion. Hungary increased modestly by 1.93%, sitting at $0.006 billion, whereas Poland declined by 22.37% to $0.002 billion.
Future trends to watch include:
- Italy's continued dominance and potential for growth as it invests in energy security.
- Potential stabilization or recovery in Latvia and Poland.
- Monitoring geopolitical impacts on Ukraine's consistency.
- Hungary's and Slovenia’s efforts to boost natural gas contributions.
Top countries in Direct Transfer on Natural Gas for Electricity Generation by Country
| # | 6 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,130 | 2023 | +11.13% | +4.29% | View data |
| 2 | 2 Ukraine | 173.33 | 2023 | -3.99% | View data | |
| 3 | 3 Slovenia | 33.74 | 2023 | +0.98% | -0.16% | View data |
| 4 | 4 Latvia | 15 | 2023 | -41.99% | -26.07% | View data |
| 5 | 5 Hungary | 6.73 | 2023 | +2.64% | +1.93% | View data |
| 6 | 6 Poland | 2.42 | 2023 | -39.2% | -22.37% | View data |
