European Production of Electricity, Gas, Steam and Air Conditioning Supply by Country

In 2023, Germany led the European production of electricity, gas, steam, and air conditioning supply with a value of 159.27 billion Euros. Italy followed with 97.97 billion Euros, and Spain held the third position at 60.02 billion Euros. Austria, Netherlands, and Portugal also demonstrated significant production values, while countries like Lithuania, Latvia, Slovenia, Estonia, and Luxembourg were on the lower end. Year-on-year variations showed a modest growth in most countries, with Ireland (2.59%) and Portugal (2.09%) experiencing notable increases. Germany, being the largest producer, had a steady growth of 0.91%.

Over the last five years, the sector's average annual growth (CAGR) remained consistent, suggesting a stable trend. However, countries such as Estonia and Ireland showed higher growth rates, indicating potential areas for further development and investment in these fields.

Future trends to watch include advancements in renewable energy technologies, policy changes regarding carbon emissions, and investment in sustainable energy infrastructure. Additionally, the impact of geopolitical factors on gas supply and the continuing shift towards decarbonization will be crucial in shaping the industry landscape.

Top countries in Production of Electricity, Gas, Steam and Air Conditioning Supply by Country

# 10 Countries Million Euros Last Year YoY 5-years CAGR
1 1 Germany 159,270 2023 +1.6% +0.91% View data
2 2 Italy 97,970 2023 +1.55% +2.37% View data
3 3 Spain 60,020 2023 +0.087% +0.39% View data
4 4 Austria 35,320 2023 +1.8% +1.26% View data
5 5 Netherlands 18,000 2023 +0.49% +0.19% View data
6 6 Portugal 17,840 2023 +1.97% +2.09% View data
7 7 Belgium 14,130 2023 +0.95% +1.82% View data
8 8 Greece 11,240 2023 +1.67% +1.4% View data
9 9 Finland 10,220 2023 +1.74% +1.69% View data
10 10 Ireland 9,340 2023 +2.46% +2.59% View data