Luxembourg energy report

• Luxembourg aims to reach in 2030 a share of 25% of renewables in its final energy consumption and a reduction of 55% of its GHG emissions.
• Encevo is the dominant energy company through its subsidiaries Enovos and Creos.
• SEO operates the largest power plant.
• More than 80% of the electricity consumed is imported.
• Around 80% of gasoline and diesel sales is made to non-residents because of lower prices than in neighbour countries.
• Electricity and gas prices are well below the EU averages due to low taxation.
• The country's energy consumption per capita is high due to steel production and fuel tourism.
• Energy consumption has been increasing since 2016.
• Luxembourg plans to develop electricity and gas interconnections with Belgium, Germany and France.

• Institutions & Energy Policy

  The Ministry of Energy and Territory Planning, through its Directorate General for Energy, is responsible for the energy sector.

  The Ministry of Environment, Climate and Sustainable Development, also established in 2018, oversees greenhouse gas (GHG) emission reduction policies.

  The Luxembourg Institute of Regulation (ILR) regulates the electricity and gas markets.

• Energy Companies

  Electricity:

  Encevo is the main energy company in Luxembourg as it holds Enovos, the country's largest energy retailer, and controls Creos, the grid operator.

• Energy Supply

  Oil:

  Oil products are mainly imported from Belgium (and amounted to 2.9 Mt in 2019.

• Energy Prices

  Oil:

  Gasoline and diesel prices follow international oil prices. The average gasoline price stood at €1.27/l in 2019, whereas diesel prices are at €1.08/l. In 2020, taxes account for 52% of the price of gasoline and 47% for diesel.

• Energy Consumption

  The country's consumption per capita reached 6.4 toe in 2019, which is almost twice as high as the EU average; electricity accounts for about 10.2 MWh, which is around twice the EU average. Part of this high consumption is linked to steel production and to fuel tourism for motor fuels.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY COMPANIES
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

Download the Table of Contents

Below is a list of the Luxembourg energy market report graphs:

• GRAPH 1: CO₂-energy Emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2019, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2019, %)
• GRAPH 5: Gasoline & diesel prices (€/l)
• GRAPH 6: Electricity prices for industry and households (€c/kWh)
• GRAPH 7: Gas prices for industry and households (€c/kWh GCV)
• GRAPH 8: Consumption trends by energy source (Mtoe)
• GRAPH 9: Total consumption market share by energy (2019, %)
• GRAPH 10: Final consumption market share by sector (2019, %)

In the Luxembourg energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
• Infrastructure Projects: Covers power plant projects by energy, technology, status and operator.

The Luxembourg energy market data since 1990 and up to 2018 is included in the Excel file accompanying the Luxembourg country report.
It showcases the historical evolution, allowing users to easily work with the data.

Key Data included in the excelsheet:

• Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO₂ emissions.
• Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
• Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
• Energy Balance: total and per energy.
• Luxembourg Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Luxembourg energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO₂ emissions (from fuel combustion).