In 2023, Germany led European production volumes in electricity, gas, steam, and air conditioning supply with 138.5 billion euros, followed by France at 122.59 billion euros and Italy at 85.91 billion euros. Notably, Austria saw a positive trend with a 1.39% increase, while Latvia experienced a decline of 1.71%. Germany saw a slight decrease of 0.21%, while France's production volumes grew by 0.91%. The compound annual growth rate over the last five years shows a diversification of growth, with smaller economies like Slovenia and Estonia indicating promising future trends.
Looking ahead, increasing energy efficiency, the transition to renewable energy, and decarbonization efforts will likely drive growth. Efforts to ensure energy security and sustainability, along with innovations in green technology, are crucial trends to watch. Political and economic shifts within Europe may also impact these production volumes. Strategic investments in infrastructure and cross-border collaborations are also anticipated to shape future dynamics.
Top countries in Production Volumes of Electricity, Gas, Steam and Air Conditioning Supply by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 138,500 | 2023 | +0.69% | -0.21% | View data |
| 2 | 2 France | 122,590 | 2023 | +1.2% | +0.91% | View data |
| 3 | 3 Italy | 85,910 | 2023 | -0.14% | +0.19% | View data |
| 4 | 4 Austria | 36,240 | 2023 | +1.86% | +1.39% | View data |
| 5 | 5 Netherlands | 18,070 | 2023 | +0.47% | +0.5% | View data |
| 6 | 6 Belgium | 12,440 | 2023 | +0.061% | +0.66% | View data |
| 7 | 7 Greece | 11,210 | 2023 | +0.74% | -0.076% | View data |
| 8 | 8 Finland | 8,910 | 2023 | +0.6% | +0.63% | View data |
| 9 | 9 Slovenia | 2,080 | 2023 | +0.78% | +1.02% | View data |
| 10 | 10 Latvia | 1,820 | 2023 | -1.63% | -1.71% | View data |
