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

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Published:

March 29, 2021

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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.

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