Germany leads the European fossil energy transformation output with a value of 6.6717 million terajoules, followed by the Netherlands and Italy. While Germany shows a slight -1.62% year-on-year decline, the Netherlands and Belgium have upward trends of 1.21% and 1.31%, respectively. Countries like France, Norway, and Ukraine are experiencing steeper declines. Over the last five years, the CAGR shows stabilization with modest declines or growth in major contributors, highlighting the transition towards more sustainable energy sources.
Future trends to watch involve increased investment in renewable energies across Europe, potentially reducing reliance on fossil energy. Countries like Germany, Spain, and Italy might lead in adopting new technologies, while eastern European countries could see significant growth due to their expansion initiatives. The integration of innovative energy solutions will be pivotal in reshaping the landscape over the next decade, pushing the fossil energy output downwards in favor of greener alternatives.
Top countries in Fossil Energy Transformation Output by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 6,671,700 | 2023 | -1.27% | -1.62% | View data |
| 2 | 2 Netherlands | 5,005,400 | 2023 | +3.76% | +1.21% | View data |
| 3 | 3 Italy | 4,303,400 | 2023 | +3.18% | +0.76% | View data |
| 4 | 4 Spain | 3,917,900 | 2023 | +4.2% | -0.24% | View data |
| 5 | 5 United Kingdom | 3,290,800 | 2023 | -2.45% | -2.17% | View data |
| 6 | 6 France | 2,661,200 | 2023 | +1.21% | -2.34% | View data |
| 7 | 7 Poland | 2,355,600 | 2023 | -0.55% | -1.02% | View data |
| 8 | 8 Belgium | 2,056,700 | 2023 | +4.37% | +1.31% | View data |
| 9 | 9 Greece | 1,585,100 | 2023 | +1.25% | -0.97% | View data |
| 10 | 10 Norway | 1,446,800 | 2023 | +0.62% | -4.61% | View data |
