The global electricity generation landscape in 2023 shows China leading with 9.28 thousand terawatt-hours, followed by the United States at 4.5 and India at 1.94. Over the last two years, China has exhibited strong growth at 5.3%, driven by industrial expansion. The United States showed slight growth at 0.18%, while India increased by 4.16%, indicating robust development in its power sector. Other significant contributors include Russia, Japan, and Brazil. Japan and Germany showed slight declines at -0.46% and -2.09% respectively. Forecasts show consistent growth in emerging markets such as Vietnam, with a 5.49% increase, and Bangladesh at 4.98%.
Looking ahead, key trends to watch in global electricity generation include:
- Continued expansion of renewable energy sources in China, India, and the United States.
- Transition away from fossil fuels in developed markets like Germany and France, influencing their production levels.
- Emerging markets such as Vietnam and Bangladesh continue to drive significant growth.
- Integration of advanced technologies and smart grids to enhance efficiency and sustainability.
Top countries in Electricity Generation by Country
| # | 10 Countries | Terawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 9,280 | 2023 | +4.86% | +5.3% | View data |
| 2 | 2 United States | 4,500 | 2023 | -0.95% | +0.18% | View data |
| 3 | 3 India | 1,940 | 2023 | +4.2% | +4.16% | View data |
| 4 | 4 Russia | 1,190 | 2023 | +1.72% | +1.36% | View data |
| 5 | 5 Japan | 1,030 | 2023 | -0.44% | -0.46% | View data |
| 6 | 6 Brazil | 688.59 | 2023 | +1.69% | +2.74% | View data |
| 7 | 7 Canada | 669.04 | 2023 | +1.42% | +0.23% | View data |
| 8 | 8 South Korea | 633.94 | 2023 | +2.2% | +1.35% | View data |
| 9 | 9 Germany | 578.94 | 2023 | +0.28% | -2.09% | View data |
| 10 | 10 France | 483.38 | 2023 | +3.36% | -3.38% | View data |