5th
highest electricity consumption per capita in Europe
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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 2021 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.
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Highlights
5th
highest electricity consumption per capita in Europe
~80%
consumption of road fuels by foreign vehicles
~90%
electricity import dependence in 2021
Abstract
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 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 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 2.5 Mt in 2021.
Energy Prices
Gas:
Gas prices follow international prices. After a 32% decline between 2013 and 2017, residential gas prices increased to 4.3 €c/kWh in 2019. They decreased to 3.8€c/kWh in 2020 before slightly rising to 3.9€c/kWh in 2021. Industrial prices decreased by 42% between 2012 and 2020 before surging by 33% up to 3.89€c/kWh in 2021.
Energy Consumption
The country's consumption per capita reached 5.7 toe in 2021, of which electricity accounts for about 10.1 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.
Below is a list of the Luxembourg energy market report graphs:
In the Luxembourg energy market report you will find the following tables:
The Luxembourg energy market data since 1990 and up to 2021 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:
The Luxembourg country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.
Data included in the excelsheet:
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