In 2023, Germany, France, and the United Kingdom remained the leaders in European electricity transformation output, although with slight declines of -1.67%, -1.29%, and -1.22% respectively. Italy and Spain also saw minor declines of -0.23% and -0.15%. Notable increases were observed in Poland (0.31%), Sweden (0.54%), and Norway (1.14%). Significant growth occurred in the Netherlands (1.8%), Belgium (5.79%), Austria (1.53%), and Hungary (2.73%). Conversely, Ukraine (-2.8%), Romania (-2.13%), and Portugal (-2.26%) saw substantial declines. Estonia experienced a drastic decrease of -11.21%. Smaller countries like Kosovo (3.41%) and Moldova (5.1%) showed marked increases.
Looking ahead, the landscape of European electricity transformation is expected to be shaped by the adoption of renewable energy sources, advancements in energy storage technologies, and cross-border energy trading facilitated by infrastructure improvements. Countries with positive CAGR trends such as Belgium and the Netherlands may continue to see growth, while those shifting towards renewable energy could see significant changes in their output shares.
Top countries in Electricity Transformation Output Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16.36 | 2023 | +0.09% | -1.67% | View data |
| 2 | 2 France | 15.15 | 2023 | -0.61% | -1.29% | View data |
| 3 | 3 United Kingdom | 8.71 | 2023 | -0.95% | -1.22% | View data |
| 4 | 4 Italy | 7.96 | 2023 | -0.18% | -0.23% | View data |
| 5 | 5 Spain | 7.57 | 2023 | +0.39% | -0.15% | View data |
| 6 | 6 Poland | 4.8 | 2023 | +0.59% | +0.31% | View data |
| 7 | 7 Sweden | 4.67 | 2023 | +0.41% | +0.54% | View data |
| 8 | 8 Norway | 4.33 | 2023 | +1.14% | +1.14% | View data |
| 9 | 9 Ukraine | 3.86 | 2023 | -2.13% | -2.8% | View data |
| 10 | 10 Netherlands | 3.47 | 2023 | +1.12% | +1.8% | View data |
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