...

EU 3Q2024 gas demand - TOP-10 countries show mixed trends

Economy Materials 22 December 2024 11:15 (UTC +04:00)
EU 3Q2024 gas demand - TOP-10 countries show mixed trends
Maryana Ahmadova
Maryana Ahmadova
Read more

BAKU, Azerbaijan, December 22. In 3Q2024, the top 10 gas-consuming countries in the EU accounted for the bulk of the bloc’s gas demand. These nations' trends highlighted growth and decline, reflecting national energy policies, economic conditions, and seasonal factors.

As such, according to the data obtained by Trend from the European Commission, the breakdown of the top 10 gas consumers in the EU is as follows:

1. Germany

Consumption: +7% year-on-year (688 mcm increase in volume)

Germany remains the EU’s largest gas consumer, with demand driven by industrial activities and energy needs for heating and manufacturing.

2. Italy

Consumption: +6% year-on-year (356 mcm increase in volume)

Italy experienced growth as industries recovered and economic activity rebounded.

3. Poland

Consumption: +10% year-on-year (454 mcm increase in volume)

Poland saw robust growth in gas consumption, reflecting increased usage in the energy sector and residential heating.

4. France

Consumption: -20% quarter-on-quarter

France showed a notable quarter-on-quarter decline, aligning with seasonal patterns and increased reliance on renewable energy.

5. The Netherlands

Consumption: -8% year-on-year

Gas demand in the Netherlands continued its downward trend due to significant investments in renewables and energy efficiency.

6. Spain

Consumption: -11% year-on-year

Spain’s reduced demand is attributed to warmer weather and lower energy needs for residential heating.

7. Belgium

Consumption: +4% year-on-year

Belgium showed modest growth in demand, driven by industrial activities.

8. Sweden

Consumption: +7% year-on-year

Sweden experienced growth due to increased usage in industrial applications and a rebound in gas-fired electricity generation.

9. Austria

Consumption: +6% year-on-year

Austria’s demand rose, largely due to colder weather conditions compared to the previous year.

10. Hungary

Consumption: +12% quarter-on-quarter

Hungary’s quarterly increase reflected a seasonal uptick in gas use, coupled with rising industrial needs.

The contrasting trends across the EU’s member states underline the region’s ongoing energy transition. While some countries are increasing gas consumption to meet economic and industrial demands, others are rapidly cutting back as renewable energy adoption accelerates. This divergence reflects the complex and evolving nature of the EU’s energy landscape.

Tags:
Latest

Latest