As of September 2023, the Spanish company Iberdrola was the leading electric utility in Europe based on market capitalization, with a value of over ** billion euros. Enel, headquartered in Italy, ranked second at the time, with a market capitalization of around ** billion euros.

The Report Covers the Top Renewable Energy Companies in North Europe and the market is segmented by Type (Wind, Hydro, Solar, and Others) and Geography (Sweden, Norway, UK, and the Rest of North Europe). The market size and forecasts are provided in installed capacity (GW).

Revenue generated by water utilities is largely determined by the water supply needs of commercial, residential and public customers, which are dictated by weather conditions and production volumes. Revenue in the Water Utilities industry is anticipated to inch upwards at a compound annual rate of 0.3% over the five years through 2025 to €115.9 billion, including a projected 0.1% growth in 2025. With customers across Europe striving to consume less water and using smart meters to track water use, revenue has remained relatively stable. A sizeable drop in revenue in the two years through 2020 can be attributed to the COVID-19 outbreak hitting manufacturers’ production and leading to a decline in demand for water suppliers. Extreme weather and high inflation levels have pushed up operating costs, constraining profit growth. At the same time, growth in the number of data centres across Europe in recent years has contributed to growing water demands as data centres require vast amounts of water for cooling systems. Revenue is expected to edge upwards at a compound annual rate of 2.6% over the five years through 2030 to €131.9 billion. The rising water supply needs of private and commercial customers due to escalating average annual temperatures, increasingly frequent heat and drought periods and mounting production volumes among manufacturers will boost revenue. Water consumption levels are set to remain high, even outweighing supply, which will boost demand for water utilities but put pressure on water supply networks. Leakage control is moving from an operational issue to a regulatory obligation. From 2028, the EU will set binding leakage rate thresholds. Utilities failing to meet these benchmarks will have a two-year window to develop and implement corrective action plans, directly linking technical performance to regulatory compliance and potential penalties. Many companies across Europe, like ACEA Spa, are heavily investing in digitising their water networks and modernising pipelines to improve leakage rates and increase supply capacity.

The electricity generation market value in Europe is forecast to grow at a compound annual growth rate of approximately *** percent between 2024 and 2031. This figure will increase from ***** billion U.S. dollars in 2023 to ***** billion U.S. dollars by 2031. Europe's share of the global electricity generation market value is projected to decrease over the next decade. More information on the global electricity generation market value can be found here.

This statistic shows the number of Internet of Things (IoT) active connections in the utilities market in the European Union (EU) in 2016, 2019, 2022 and 2025. The number of IoT active connections was expected to increase through the years. It was at **** million connections in 2016, and it was expected to reach ****** million connections by 2025.

The Europe renewable energy market size reached around 2455.00 Gigawatt in 2024. The market is projected to grow at a CAGR of 7.60% between 2025 and 2034 to reach nearly 5107.10 Gigawatt by 2034.

East Europe Renewable Energy Market is segmented by Type (Hydropower, Solar, and Others) and Geography (Russia, Poland, Ukraine, and Others). The report offers the market size and forecasts in installed capacity (GW).

Italy-based Enel is among the leading European electric utilities based on power sales. In 2023, it sold more than *** terawatt-hours of electricity. Iberdrola sold around *** terawatt-hours’ worth of electricity that year, while EDF's electricity sales amounted to ***** terawatt-hours. Industry’s merges and acquisitions Since 2016, electricity sales of Uniper, E.ON, and RWE varied greatly due to several separations and merges among these companies. E.ON separated its fossil fuels’ power generation and energy trading operations into Uniper, with operations starting on January 1, 2016. The same year, RWE split its renewables, network, and retail businesses, creating Innogy SE. As part of an assets swap deal between E.ON and RWE, E.ON acquired Innogy SE in September 2019. Global comparisons Headquartered in Rome, Enel has operations worldwide, and as of May 2023 was one of the world’s largest electric utilities based on sales, at more than *** billion U.S. dollars. It was only surpassed by French EDF, with sales of ***** billion U.S. dollars. Of the 10 largest electric utilities in the world based on sales, more than half were based in Europe. Enel was the largest European utility based on market capitalization in 2021.

The Europe energy management system market is projected to grow from USD 14.9 billion in 2024 to USD 37.6 billion by 2032, at a CAGR of 12.4% (2025–2032).

The Europe Renewable Energy Market size was valued at USD 120 Billion in 2024 and is projected to reach USD 225 Billion by 2032, growing at a CAGR of 8.1% from 2025 to 2032.

Strong Government Support and Policy Framework: The European Union’s Green Deal and Renewable Energy Directive (RED II) aim to increase renewable energy’s share in the EU’s total energy consumption to 32% by 2030. Renewable energy accounted for 22% of total EU energy consumption in 2020.

Technological Advancements and Cost Reduction: Renewable energy generation, particularly wind and solar power, has seen significant cost reductions over the past decade. Since 2010, solar photovoltaics and onshore wind electricity costs have dropped by 82% and 39%, respectively, according to the International Renewable Energy Agency (IRENA). This makes renewable energy more competitive with traditional fossil fuels, making it easier for European countries to transition to cleaner energy sources.

In 2021, utilities companies from Italy are forecast to spend around 22 thousand U.S. dollars on cloud services. Companies from France take the second place with an estimated 14 thousand U.S. dollars of spending in cloud services.

Europe Energy ESO market USD 97.77 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.0% from 2024 to 2031. Innovations in energy management technologies is expected to aid the sales to USD 341.4 million by 2031

Europe's Solar Energy market USD 28635.4 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031. Europe has seen significant investment in solar energy projects, including large-scale solar farms and residential solar installations, expected to aid sales to USD 42125.9 million by 2031.

South Europe Renewable Energy Market is segmented by Type (Hydropower, Solar, Wind, and Others) and Geography (Italy, Spain, Portugal, and Others). The report offers the market size and forecasts for the renewable energy market in Installed Capacity (in GW) in all the above segments.

The Europe waste to energy market size was approximately USD 11.99 Billion in 2024. The market is assessed to grow at a CAGR of 7.20% between 2025 and 2034, reaching a value of USD 24.03 Billion by 2034.

The Europe AI In Energy Market would witness market growth of 29.0% CAGR during the forecast period (2024-2031). The Germany market dominated the Europe AI In Energy Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,093.7 milli

Utility infrastructure construction contractors rely on public investment in maintaining and expanding European electricity and telecommunications networks. European governments are funnelling billions into upgrading ageing electricity infrastructure, with efforts to slash carbon emissions racking up a significant bill. Utility infrastructure contractors have been among the biggest beneficiaries of this investment, with ample tender opportunities being created by European governments looking to transition to a clean energy system. Revenue is forecast to rise at a compound annual rate of 0.6% over the five years through 2025, reaching €130.6 billion. Investment in renewables and related infrastructure required to connect these generating assets to the existing grid has been the main driver of infrastructure construction demand in recent years. The construction of wind power generation assets has been the main area of focus, with major European economies such as the UK and Germany rapidly increasing wind generating capacity as the cost of renewable technologies tumbles. Large-scale multidisciplined contractors have reaped the rewards of major investment packages to increase Trans-European connectivity through the construction of interconnectors. At the same time, the EU has sought to increase digital connectivity across the trade bloc through increased 5G coverage, creating even more work opportunities. Maintenance work on Europe’s ageing electricity grid has also boosted workflows for smaller contractors. However, the industry has faced challenges from volatility in material and energy prices, leading to cost overruns and project delays. Revenue is slated to inch up by 0.2% in the current year. Looking ahead, the coming years appear ripe with opportunity. Renewable generation capacity will continue to be scaled up as European governments strive to reach binding decarbonisation targets set for 2030. Required upgrades and expansion to the electricity grid will ensure a steady stream of high-value tender opportunities, while funding commitments made through the European Commission’s Connecting Europe Facility will ensure ongoing investment in boosting digital connectivity across the trade bloc. Revenue is anticipated to climb at a compound annual rate of 3.9% over the five years through 2030 to €157.8 billion.

The statistic shows the projected waste-to-energy market size in Europe in 2018 and 2023, broken down by application. In 2018, the transport fuels market from waste energy was forecast to amount to 5.99 billion U.S. dollars and grow to 8.25 billion U.S. dollars by 2023.

The report covers European Energy Market Overview and it is segmented by power generation (thermal, hydroelectric, renewables, and other types), power transmission and distribution, and geography (Norway, Germany, the Netherlands, the United Kingdom, Italy, and the Rest of Europe). The market size and forecast in installed capacity (GW) for all the above segments.

The electricity delivery process has experienced a major shift in recent years, driven by a push to reduce emissions. Governments across Europe are actively moving away from conventional sources of electricity generation, leading to a decline in the continent's dependency on fossil fuels. According to the International Energy Agency (IEA), renewables accounted for 41.7% of electricity generation in Europe in 2022, up from 32.9% in 2017. The rise of renewables has spurred an influx of renewable generators and necessitated increased investment in electricity networks. This has lifted revenue for transmission and distribution network operators. Revenue is forecast to rise at a compound annual rate of 8.7% over the five years through 2025, reaching €2.8 billion. Falling wholesale prices and a reduction in overall electricity consumption spurred a drop in revenue during the pandemic. Excess demand for natural gas as economies loosened pandemic-related restrictions spurred a strong rebound in wholesale electricity prices in 2021, translating to a jump in revenue. Wholesale prices recorded a renewed spike following Russia’s invasion of Ukraine, spurring a surge in revenue generated by electricity producers and suppliers. Renewable generators were able to rake in extra profit from electricity sold to wholesale markets at inflated prices, counterbalancing a significant rise in costs for fossil fuel generators and electricity suppliers. Wholesale prices have since come down as Europe has diversified its fuel mix away from Russian gas. Revenue is forecast to decline by 5.1% in the current year. Revenue is forecast to increase at a compound annual rate of 0.3% over the five years through 2030 to €2.9 billion. The revised Renewable Energy Directive of the EU has set a goal for 69% of electricity to be generated from renewables by 2030. Electricity generators will continue expanding their renewables capacity, while investment in upgrading the electricity network to accommodate the rapid shift to renewables will boost income for transmission and distribution network operators. Rising renewable electricity generation will place downward pressure on wholesale prices, though the electrification of heat and transport is set to spur an uptick in demand for electricity across the continent.