Skip to main content

Luxembourg energy report

Luxembourg energy report
Update
Format
3 files (PDF report, 2 Excel files)
Pages
27 (Report only)
Delivery
Immediate by e-mail
Table of Contents
  • GENERAL OVERVIEW
  • INSTITUTIONS AND ENERGY POLICY
  • ENERGY COMPANIES
  • ENERGY SUPPLY
  • ENERGY PRICES
  • ENERGY CONSUMPTION
  • DATA TABLES
  • ABBREVIATIONS
  • GLOSSARY

Download the Table of Contents

Buy Luxembourg energy report

Price without VAT. Depending on your statute and location, VAT might be applicable. Get in touch with us for more information.

After validation, you will immediately receive 3 files by email (one pdf report and 2 excel files containing the datasets).

Price
890 €

Overview

This analysis includes a comprehensive Luxembourg energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.

Highlights

  • Luxembourg aims to reach a share of 25% of renewables in its final energy consumption in 2030 and to reduce its GHG emissions by 55%.
  • Encevo is the dominant energy company.
  • SEO operates the largest power plant.
  • About 90% of the electricity consumed is imported.
  • Gasoline and diesel prices have increased by over 20%/year since 2020.
  • Electricity prices in industry surged by over 70% in 2022 and remained stable for households.
  • The country's energy consumption per capita is high due to steel production and fuel tourism.
  • The energy consumption decreased sharply in 2022, after a temporary rebound in 2021.
  • Luxembourg plans to develop electricity interconnections with Belgium, Germany, and France.
5th
highest electricity consumption per capita in Europe
~80%
consumption of road fuels by foreign vehicles
~80%
electricity import dependence in 2022
  • Institutions & Energy Policy

    The Ministry of Energy and Spatial Planning, through its Department of Energy, is responsible for the energy sector.

    The Ministry of Environment, Climate and Biodiversity 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 and LEO, the main energy retailers, and controls Creos, the grid operator.

  • Energy Supply

    Oil:

    Oil products are mainly imported from Belgium and amounted to 2.3 Mt in 2022.

  • Energy Prices

    Electricity:

    After a period of decrease between 2015 and 2017 (-9%), residential electricity prices rose by 24% from 2017 to 2020 before plateauing around 19 €c/kWh. Industrial prices surged by 74% in 2022 to reach 16.3 €c/kWh after a 26% rise in 2021. They remained rather stable before.

  • Energy Consumption

    The country's consumption per capita was 4.9 toe in 2022, of which electricity accounts for about 0.9 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.

  • GRAPH 1: CO2-energy Emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2022, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2022, %)
  • 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 (2022, %)
  • GRAPH 10: Final consumption market share by sector (2022, %)
  • 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 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).