The European fuel oil electricity production landscape varies significantly by country, with Spain leading, followed by France and Greece. Recent trends show Spain decreasing by 2.31%, whereas Ireland saw a significant increase of 71.06%. Poland and Macedonia also experienced positive growth, at 3.65% and 23.03% respectively. Conversely, countries such as Ukraine, Finland, and the United Kingdom faced notable declines, reflecting shifts towards other energy sources.
Future trends to watch include the continued growth in renewable energy adoption, which could further decrease reliance on fuel oil. Focus on EU climate goals may accelerate this transition, impacting countries with currently higher fuel-related production.
Top countries in Fuel Oil Gross Electricity Production by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 7,850 | 2023 | +3.18% | -2.31% | View data |
| 2 | 2 France | 3,820 | 2023 | +2.65% | +1.08% | View data |
| 3 | 3 Greece | 3,640 | 2023 | +1.62% | -0.62% | View data |
| 4 | 4 Cyprus | 3,270 | 2023 | +6.64% | +0.11% | View data |
| 5 | 5 Poland | 1,770 | 2023 | +0.59% | +3.65% | View data |
| 6 | 6 Ireland | 1,450 | 2023 | +6.21% | +71.06% | View data |
| 7 | 7 Germany | 1,010 | 2023 | +3.06% | -1.09% | View data |
| 8 | 8 Italy | 965.08 | 2023 | -30.72% | +0.1% | View data |
| 9 | 9 Portugal | 379.64 | 2023 | -31.97% | -17.48% | View data |
| 10 | 10 Slovakia | 375 | 2023 | +0.54% | -2.7% | View data |