The European electric power generation, transmission, and distribution sector showed varied growth trends in 2023. Germany led with a dominant turnover share, growing modestly at 2.07%. Italy increased by 2.45%, while the UK experienced a slight uptick of 0.75%. Notably, Denmark improved significantly at 8.45%. In contrast, Belgium and the Netherlands witnessed declines at -3.91% and -7.14%, respectively. Smaller countries like Lithuania and Iceland recorded decent growth, whereas Croatia and Bosnia faced declines.
Future trends to watch include:
- Potential increase in renewable energy adoption across Europe.
- Energy policy shifts affecting investment and infrastructure.
- Technological advancements driving efficiency in power distribution.
- Impact of geopolitical factors on energy markets and distribution networks.
Top countries in Electric Power Generation, Transmission and Distribution Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 39.57 | 2023 | +2.9% | +2.07% | View data |
| 2 | 2 Italy | 14.06 | 2023 | +12.29% | +2.45% | View data |
| 3 | 3 United Kingdom | 7.56 | 2023 | +0.94% | +0.75% | View data |
| 4 | 4 France | 5.85 | 2023 | +1.32% | +1.06% | View data |
| 5 | 5 Spain | 5.76 | 2023 | +4.73% | +1.5% | View data |
| 6 | 6 Denmark | 3.65 | 2023 | +17.41% | +8.45% | View data |
| 7 | 7 Czech Republic | 3.04 | 2023 | +3.68% | +2.49% | View data |
| 8 | 8 Poland | 2.8 | 2023 | +0.92% | +5.17% | View data |
| 9 | 9 Switzerland | 2.72 | 2023 | +2.92% | +3.44% | View data |
| 10 | 10 Austria | 1.83 | 2023 | +0.78% | +1.78% | View data |
