In 2023, Germany led in Global Total Support on End-Use Electricity for Producers, with $941.03 million, despite experiencing a 10.01% decline. Spain ranked second with $135.64 million, seeing a 13.21% decrease. Argentina saw the steepest drop of 27.96%, reaching $106.52 million. Belarus and Colombia both experienced slight increases of 0.13% and 0.94%, standing at $18.2 million and $17.21 million, respectively.
Future trends to watch include:
- Increase in renewable energy sources and green policies, potentially affecting values.
- Impact of geopolitical developments on energy policies and support.
- Technological advancements changing electricity supply dynamics.
- Economic recovery post-pandemic influencing financial allocations.
Top countries in Total Support on End-Use Electricity for Producers by Country
# | 5 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 941.03 | 2023 | -11.73% | -10.01% | View data |
2 | 2 Spain | 135.64 | 2023 | -20.97% | -13.21% | View data |
3 | 3 Argentina | 106.52 | 2023 | -40.16% | -27.96% | View data |
4 | 4 Belarus | 18.2 | 2023 | -0.077% | +0.13% | View data |
5 | 5 Colombia | 17.21 | 2023 | +2.29% | +0.94% | View data |