European Gross Heat Production of Electricity in 2023 showed notable country-specific variations. Denmark experienced a significant increase of 38.17%, while Norway was relatively stable with minor changes. Ukraine, Sweden, and Slovakia saw slight declines. Eastern European nations like Kosovo and Austria recorded substantial rises, 8.94% and 16.52% respectively. Iceland, Czech Republic, France, and Finland saw modest growth, whereas Hungary and Lithuania remained unchanged. Latvia faced a marginal decrease of 0.22%. Over the past five years, the trend varied, with some countries showing growth and others decrease outright.
Future trends to watch:
- Potential increase in green initiatives across Europe could influence heat production methods.
- Fluctuations in political and economic conditions may impact growth in Eastern Europe.
- Progress in technological advancements might streamline production processes.
Top countries in Gross Heat Production of Electricity by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 5,420 | 2023 | +21.64% | +38.17% | View data |
| 2 | 2 Norway | 2,750 | 2023 | +0.53% | +0.16% | View data |
| 3 | 3 Ukraine | 1,300 | 2023 | +5.19% | -0.92% | View data |
| 4 | 4 Kosovo | 1,210 | 2023 | +6.46% | +8.94% | View data |
| 5 | 5 Iceland | 900.74 | 2023 | +1.24% | +0.3% | View data |
| 6 | 6 Sweden | 671 | 2023 | -6.68% | -0.61% | View data |
| 7 | 7 Hungary | 79.5 | 2023 | +2.85% | View data | |
| 8 | 8 Finland | 78 | 2023 | +13.24% | +3.13% | View data |
| 9 | 9 Slovakia | 62 | 2023 | 0% | -1.24% | View data |
| 10 | 10 Austria | 23.59 | 2023 | +0.013% | +16.52% | View data |
