In 2023, Italy led in global support for natural gas in electricity generation, followed by Greece and Ukraine. While Italy saw a 6.2% increase, Ukraine showed stability. Other countries like Finland and Poland saw significant declines, with Latvia and Estonia experiencing the most substantial reductions. Lithuania, however, demonstrated notable growth.
Future trends to watch include potential shifts influenced by geopolitical dynamics, technological advancements in renewable energy, and policy changes affecting energy support frameworks. Countries with declining support will need strategies to balance energy needs with sustainability goals. The evolving energy landscape might see further changes in these support patterns.
Top countries in Total Support on Natural Gas for Electricity Generation Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 75.94 | 2023 | +10.73% | +6.2% | View data |
| 2 | 2 Greece | 10.29 | 2023 | -1.05% | -1.95% | View data |
| 3 | 3 Ukraine | 10 | 2023 | -5.27% | View data | |
| 4 | 4 Slovenia | 2.07 | 2023 | +0.98% | -0.16% | View data |
| 5 | 5 Finland | 1.39 | 2023 | -8.72% | -12.07% | View data |
| 6 | 6 Latvia | 1.23 | 2023 | -34.34% | -22.65% | View data |
| 7 | 7 Czech Republic | 0.99 | 2023 | +3.42% | +2.58% | View data |
| 8 | 8 Slovakia | 0.49 | 2023 | -0.76% | -2.77% | View data |
| 9 | 9 Lithuania | 0.32 | 2023 | +27.21% | +29.51% | View data |
| 10 | 10 Armenia | 0.17 | 2023 | +3.33% | +4.8% | View data |
