Report
Patricia FLOREZ CABRA

Overview of the energy consumption in the EU

We evaluate in this report the current state and trends of energy consumption in the European Union (EU) , with a focus on the main consumer countries: Germany, France, Italy, and Spain. The adoption of the first energy efficiency directive in 2012 has encouraged efforts to enhance energy efficiency across the region. The EU saw a 1 0 % reduction in its primary e nergy c onsumption from 2012 to 2022 . However, despite these improvements, primary energy consumption in 2022 was 27 % above the E uropean Union (EU) ambitious target of 99 3 million tons of oil equivalent (Mtoe) for 2030. In 2022, E U primary energy consumption reached 1 , 259 Mtoe. A critical aspect of the E U energy profile is the dependency on imports, with Italy showing the highest reliance at 79%, while France maintained a lower rate of 52%.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patricia FLOREZ CABRA

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