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EU energy: market shares of largest producers decreasing

Since July 2004, small business consumers in the EU have been free to switch their gas or electricity supplier, and in July 2007 this option was extended to all consumers

EU energy: market shares of largest producers decreasing

Brussels, March 23 - Neftegaz.RU. According to figures from Eurostat published today, the market shares of the largest electricity and gas producers in the European Union (EU) have been in general decreasing since 2007.

In 2019, the market share of the largest generator in the electricity market varied across EU Member States.
The highest share was recorded:
  • in Cyprus (100%), where a single electricity company dominated national electricity production
  • followed by Latvia (86%)
  • and Croatia (80%)
At the other end of the scale, the market share of the largest generator in the electricity market was less than 20% in 3 Member States:
  • Luxembourg (18%)
  • Finland (16%)
  • Poland (12%)
Compared with 2007, the 2019 market share of the largest generator in the electricity market was lower in the majority of EU Member States.
The decline in the market share ranged from -62.6 percentage points (pp) in Malta to -1.0 pp in Hungary.
In contrast, the share remained stable in Cyprus, while it increased in Romania and Latvia (4.3 pp and 0.3 pp respectively).

For natural gas import and production, the largest market share in 2019 (measured as a share of national indigenous EU production) was 100% in Estonia, Finland and Sweden, where only one entity dominated national production and imports.

Compared with 2007, the market share of the largest natural gas import and production company decreased in 13 Member States in 2019.
Meanwhile, the share remained stable:
  • in Finland and Sweden (at 100%)
whereas it increased:
  • in Ireland (1.8 pp)
  • Lithuania (19.6 pp)
  • Estonia (21.0 pp)
In contrast, the largest natural gas import and production company had the lowest level of market penetration in Ireland (30%) and Belgium (31%).

Source : Neftegaz.RU


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