Electricity in Luxembourg in 2023/2024

Over the past year, from November 2023 to October 2024, Luxembourg's electricity consumption landscape has been quite distinct. An overwhelming 73% of the nation's electricity has come from net imports, indicating heavy reliance on electricity generated beyond its borders. Low-carbon or clean energy sources provide approximately 25% of the electricity, with wind energy contributing the largest share of about 10.5%. Biofuels, solar, and hydropower contribute 6.6%, 6.1%, and 2.3% respectively, illustrating a commitment to diverse low-carbon technologies. However, fossil fuels form a minimal and declining part of the energy scene, with gas making up only around 1.4% of the electricity generation pie.

Suggestions

Luxembourg has potential opportunities to further boost its low-carbon electricity generation by expanding existing wind power capabilities, which already constitute a significant share of the country's low-carbon energy mix. Drawing insights from other countries, Luxembourg can learn from Denmark, which generates 59% of its electricity from wind power, thereby demonstrating an effective model that the country can emulate. Additionally, the development of nuclear energy infrastructure, seen in countries like France and Slovakia, with nuclear contributing 67% and 60% of their electricity respectively, could provide a stable, reliable, and clean foundation for enhancing Luxembourg's energy independence and reducing greenhouse gas emissions.

History

Looking back at the history of low-carbon electricity in Luxembourg reveals a journey of gradual developments and adaptations. In the 1990s, hydropower was the focal point with various ups and downs, including notable increases like the 0.8 TWh in 1990 and minor declines in other years such as 1999 when it decreased by 0.3 TWh. The early 2000s witnessed further fluctuation in hydropower generation, including a downturn in 2009 with a decrease of 0.9 TWh. The 2010s have been marked by a more diverse low-carbon electricity landscape, with wind energy and biofuels making modest entries in the later years, alongside recent developments such as the 0.2 TWh increase in wind power by 2023. These strides indicate Luxembourg's gradual, though steady, progression towards a more sustainable and low-carbon electricity future.

Electricity Imports and Exports

Balance of Trade

Maximum Imports

Data Sources