In 2023, France led Europe's electricity, gas, steam, and air conditioning supply sector with an output of 375.02 billion euros, showing a significant increase of 24.62% from the previous year. Austria and Estonia also saw notable growths of 22.28% and 23.65% respectively. Meanwhile, Italy had a modest increase of 3.56%, and Ireland grew by 2.72%. Smaller European countries like Latvia and Greece displayed strong year-on-year growth at 25.22% and 22.02%, respectively. The last five-year trend shows consistent growth across most countries with notable expansions in Latvia and Estonia.
Future trends to watch in the European energy sector include:
- Increasing investments in renewable energy sources, contributing to a greener supply mix.
- Enhanced cross-border energy integrations among European nations, boosting resilience and efficiency.
- Growing focus on innovative technologies for energy management and efficiency improvements.
- Emerging policy-driven incentives to reduce carbon emissions and rely on local energy sources.
Top countries in Electricity, Gas, Steam and Air Conditioning Supply Output by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 375,020 | 2023 | +41.07% | +24.62% | View data |
| 2 | 2 Italy | 103,790 | 2023 | +1.97% | +3.56% | View data |
| 3 | 3 Austria | 85,880 | 2023 | +40.55% | +22.28% | View data |
| 4 | 4 Greece | 27,220 | 2023 | +32.72% | +22.02% | View data |
| 5 | 5 Slovakia | 17,780 | 2023 | +2.63% | +11.33% | View data |
| 6 | 6 Ireland | 7,910 | 2023 | +1.99% | +2.72% | View data |
| 7 | 7 Latvia | 6,120 | 2023 | +35.49% | +25.22% | View data |
| 8 | 8 Estonia | 4,680 | 2023 | +43.17% | +23.65% | View data |
| 9 | 9 Croatia | 4,450 | 2023 | +2.67% | +6.11% | View data |
| 10 | 10 Slovenia | 2,070 | 2023 | +0.92% | +1.75% | View data |
