Electricity

Largest power producers lose market share in almost all European countries

market share largest electricity producers europe

Photo: David Mark from Pixabay

Published

March 29, 2021

Country

Comments

0

Share

Published:

March 29, 2021

Country:

Comments:

0

Share

Greece and Slovenia recorded some of the biggest declines in Europe in the market share of the largest electricity producers from 2007 until 2019. Only two countries have reported an increase – Romania and Latvia, while the level remained stable only in Cyprus.

Market shares of the largest electricity producers in Europe have mostly been in decline since 2007, according to Eurostat’s latest data.

The decline in the market share ranged from 62.6 percentage points in Malta to one point in Hungary

The European Statistical Office has published complete data for 24 countries.

The decline in market share ranged from 62.6 percentage points in Malta to one point in Hungary. Among the countries monitored by Balkan Green Energy News, the drop was the highest in Greece, 40.4 points, and Slovenia was next, with 29.

Greece has recorded the highest decrease among the countries monitored by Balkan Green Energy News

Croatia recorded a drop of only four percentage points, while the largest electricity producer in Cyprus retained its 100% share. It was the only country where the level remained stable from 2007.

In contrast, the shares increased in Romania and Latvia (4.3 and 0.3 points, respectively).

market share largest electricity producers eu

Market share of the largest power producers varied across EU

In 2019, the shares of the largest generators in the electricity market varied across European Union member states. The highest level was recorded in Cyprus (100%), where a single electricity company dominated national electricity production, followed by Latvia (86%) and Croatia (80%), Eurostat said.

Among the countries monitored by Balkan Green Energy News, Slovenia reported a share of 53%, compared to 51.2% in Greece, and 31.8% in Romania.

At the other end of the scale, the level was lower than 20% in three member states: Luxembourg (18%), Finland (16%) and Poland (12%).

market share largest electricity producers eurostat

The shares in the Western Balkans are very high. Kosovo* has 100% while 93.6% was measured in Serbia. The level in Montenegro was 85.3%, and the largest producer in North Macedonia controlled 70.8% of the market. The shares are above 70% in only four European countries out of 25.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

dusan zivkovic eps general manager elektroprivreda srbije

Dušan Živković appointed as general manager of Elektroprivreda Srbije

15 June 2024 - The Supervisory Board of the joint stock company Elektroprivreda Srbije has appointed Dušan Živković as the general manager

Rezolv secures EUR 191 million loan for Vifor wind farm in Romania

Rezolv secures EUR 291 million loan for Vifor wind farm in Romania

14 June 2024 - The beneficiary of the loans is First Looks Solutions S.R.L., project subsidiary of Rezolv Energy and Low Carbon

eps transformation plan djerdap 1

Serbia’s power utility EPS adopts Transformation Plan

14 June 2024 - By adopting the Transformation Plan, Serbia has met an important structural benchmark within the framework of the arrangement with the IMF

bulgaria NEK pumped storage hydropower batak dospat

Bulgaria’s NEK gets help to prepare construction of two large pumped storage hydropower plants

14 June 2024 - The pair of new renewable energy sources, named Batak and Dospat, will each add generation capacity of approximately 800 MW