Industry Statistics and Trends
Electric Utilities in Europe key trends
The energy crisis has shaken the industry.
Russian aggression in Ukraine rocketed gas prices in 2022, causing a spike in wholesale electricity prices and impacting revenue and profitability across the energy value chain.
Europe is shifting towards renewable energy sources.
Efforts across Europe to push for net-zero carbon emissions have spurred significant changes in dynamics in the industry.
Access all insights and trends with purchase. View purchase options.
Electric Utilities in Europe
Industry Revenue
Total value and annual change from 2011-2029. Includes 5-year outlook.
Access the 5-year outlook with purchase. View purchase options
Electric Utilities in Europe market size (2019-2024)
Industry revenue has grown at a CAGR of 7.1 % over the past five years, to reach an estimated €3.2tr in 2024.
Trends and Insights
Europe’s net-zero goals have spurred a shift in the electricity delivery process
- Across Europe, governments are seeking to move away from conventional sources of electricity generation, with significant growth in wind and solar generating capacity driving a decline in the continent’s reliance on fossil fuel.
Access all 10 market size insights and trends with purchase. View purchase options.
Electric Utilities in Europe outlook (2024-2029)
Market size is projected to grow over the next five years.
Decarbonisation objectives will continue to shape the industry’s development
- The industry will continue to be characterised by a shift to renewables in the coming years, with government support for a cleaner energy system spurring an ongoing influx of renewable generators.
Access all 5 forward-looking insights and industry data forecasts with purchase. View purchase options.
Revenue
€3.2tr
Employees
2m
Wages
€XX.Xbn
European Leaders & Laggards
* CAGR values are for the years 2019-2024.
Explore all 37 country performance rankings and data sheets with your membership purchase.
Biggest companies in the Electric Utilities in Europe
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Enel SpA | 20,535.6 | 5,562.8 | 27.1 | |
E.ON SE | 102,217.3 | 5,622.0 | 5.5 | |
Uniper SE | 195,044.7 | 3,546.3 | 1.8 |
Access statistics and analysis on all 8 companies with purchase. View purchase options.
Electric Utilities in Europe
Products & Services Segmentation
Industry revenue broken down by key product and services lines.
Access all segmentation data and analysis with purchase. View purchase options.
Top Questions Answered in this Report
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Electric Utilities industry in Europe in 2024?
The market size of the Electric Utilities industry in Europe is €3.2tr in 2024.
How many businesses are there in the Electric Utilities in Europe industry in 2024?
There are 112k businesses in the Electric Utilities industry in Europe, which has declined at a CAGR of 0.9 % between 2019 and 2024.
Has the Electric Utilities industry in Europe grown or declined over the past 5 years?
The market size of the Electric Utilities industry in Europe has been growing at a CAGR of 7.1 % between 2019 and 2024.
What is the forecast growth of the Electric Utilities industry in Europe over the next 5 years?
Over the next five years, the Electric Utilities industry in Europe is expected to grow.
What does the Electric Utilities in Europe include?
Electricity production and Electricity transmission are part of the Electric Utilities industry.
Which countries have the most businesses in the Electric Utilities industry in Europe?
The European country with the most businesses in the Electric Utilities industry is France.
How competitive is the Electric Utilities industry in Europe?
The level of competition is moderate and increasing in the Electric Utilities industry in Europe.
Related Industries
This industry is covered in 37 countries
- Electric Utilities in Austria
- Electric Utilities in France
- Electric Utilities in Lithuania
- Electric Utilities in the Netherlands
- Electric Utilities in Hungary
- Electric Utilities in Switzerland
- Electric Utilities in Denmark
- Electric Utilities in Malta
- Electric Utilities in Slovenia
- Electric Utilities in Greece
- Electric Utilities in Romania
- Electric Utilities in Norway
- Electric Utilities in Poland
- Electric Utilities in Cyprus
- Electric Utilities in Finland
- Electric Utilities in North Macedonia
- Electric Utilities in Bulgaria
- Electric Utilities in Luxembourg
- Electric Utilities in Russia
- Electric Utilities in Slovakia
- Electric Utilities in Turkey
- Electric Utilities in Estonia
- Electric Utilities in Bosnia & Herzegovina
- Electric Utilities in Iceland
- Electric Utilities in Europe
- Electric Utilities in Spain
- Electric Utilities in Portugal
- Electric Utilities in Serbia
- Electric Utilities in Belgium
- Electric Utilities in Italy
- Electric Utilities in Czechia
- Electric Utilities in Sweden
- Electric Utilities in Latvia
- Electric Utilities in Croatia
Table of Contents
About this industry
Industry definition
The industry generates electric power and is responsible for its transmission from generating facilities to distribution centres, which deliver electricity to end users.
Related Terms
Electricity TransmissionElectricity DistributionWholesale Electricity PricesWhat's included in this industry?
Electricity productionElectricity transmissionElectricity distributionElectricity supplyCompanies
Enel SpAE.ON SEUniper SEIndustry Code
351 - Electric power generation, transmission and distribution in Europe
View up to 8 companies with purchase. View purchase options.
Performance
Key Takeaways
Europe’s net-zero goals have spurred a shift in the electricity delivery process
View more insights with purchase. View purchase options.
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue in the Electric Utilities in Europe industry (2011 -2029)
- Employees in the Electric Utilities in Europe industry (2011 -2029)
- Business in the Electric Utilities in Europe industry (2011 -2029)
- Profit in the Electric Utilities in Europe industry (2011 -2029)
Analysis
What's driving current industry performance in the Electric Utilities in Europe industry?
Outlook
Analysis
What's driving the Electric Utilities in Europe industry outlook?
Volatility
Analysis
What influences volatility in the Electric Utilities in Europe industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Electric Utilities in Europe industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Decarbonisation objectives have spurred a major shift among electricity producers. Electricity generation has increasingly shifted towards renewables as European governments pursue net-zero goals.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Electric Utilities in Europe industry's products and services performing?
Analysis
What are innovations in the Electric Utilities in Europe industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Electric Utilities in Europe industry?
International Trade
Highlights
- Largest Importer
- Smallest Importer
- Total Imports into Europe
- Largest Exporter
- Smallest Importer
- Total Exports into Europe
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Revenue by Region (2024)
- Share of Total Industry Enterprises by Region (2024)
- Share of Total Industry Employment by Region (2024)
- Share of Total Industry Wages by Region (2024)
Industry Geographic Breakdown
Data Tables
Values and annual change provided for 37 European countries:
- Revenue (2024)
- IVA (2024)
- Enterprises (2024)
- Employment (2024)
- Exports (2024)
- Imports (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Market concentration varies throughout the electricity value chain. Efforts to promote competition and the shift to renewables have decreased competition in electricity supply and generation, though distribution and transmission remain dominated by a small number of highly regulated companies.
Supply Chain
Charts
Buyer and supply industries
Companies
Market Share
Charts
- Industry Market Share by Company (2019-2024)
Companies
Data Tables
Top 8 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit Margin (2024)
Data Tables
- Countries of operation for Enel SpA
- Countries of operation for E.ON SE
- Countries of operation for Uniper SE
- Countries of operation for RWE AG
- Countries of operation for Iberdola SA
- Countries of operation for EnBW Energie Baden-Württemberg AG
- Countries of operation for National Grid plc
- Countries of operation for Eni SpA
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
European utilities are highly regulated to protect consumers and promote sustainability. Mandates on renewable energy, emissions reductions, and consumer protections ensure a balance between environmental goals and market stability.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Electric Utilities in Europe industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Soaring prices have had a mixed impact on profitability. Suppliers have had to shoulder whole price increases since the start of the energy crisis, while renewable generators have collected higher profits from electricity sold to the wholesale market.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Electric Utilities in Europe industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
