European Fossil Energy Energy Supply Share by Country (Thousand Tonnes Of Oil Equivalent)

In 2023, Germany led the European fossil energy supply with 18.7 thousand tonnes of oil equivalent, experiencing a year-on-year decrease of 2.09%. The United Kingdom and Italy followed with 10.47 and 9.94 thousand tonnes, respectively. Notably, countries like Norway and Denmark saw significant reductions of 2.85% and 3.13%, whereas Kosovo and Macedonia had increases of 3.27% and 1.81%. Over the past five years, the compound annual growth rate (CAGR) has shown a general decline in fossil energy consumption across most European nations, reflecting a transition towards renewable energy sources.

Future trends to watch in European fossil energy supply include an anticipated accelerated decline due to strengthened environmental policies and a push towards net-zero targets. The expansion of renewable energy infrastructure may continue to reduce the fossil energy share in the coming years, while geopolitical factors could influence energy security and sourcing strategies across the continent.