Electricity production capacities by main fuel groups and operator in Iceland
Iceland: Electricity production capacities by main fuel groups and operator was 3,003 Megawatt in 2024. ▲ Rising
Electricity production capacities by main fuel groups and operator in Iceland, 1990–2024
Source: Eurostat. Measured in Megawatt.
Analysis
In 2024, electricity production capacities by main fuel groups and operator in Iceland stood at 3,003 Megawatt.
The figure is down 0.3% on the previous year and up 8.6% over ten years.
Over the whole period, electricity production capacities by main fuel groups and operator in Iceland peaked at 3,012 Megawatt in 2023 and was at its lowest, 944 Megawatt, in 1990.
That places Iceland 39th out of 47 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Electricity production capacities by main fuel groups and operator in Iceland, year by year
| Year | Megawatt | Change |
|---|---|---|
| 1990 | 944 Megawatt | — |
| 1991 | 969 Megawatt | +2.6% |
| 1992 | 1,068 Megawatt | +10.2% |
| 1993 | 1,076 Megawatt | +0.7% |
| 1994 | 1,083 Megawatt | +0.7% |
| 1995 | 1,081 Megawatt | -0.2% |
| 1996 | 1,081 Megawatt | +0.0% |
| 1997 | 1,150 Megawatt | +6.4% |
| 1998 | 1,244 Megawatt | +8.2% |
| 1999 | 1,335 Megawatt | +7.3% |
| 2000 | 1,383 Megawatt | +3.6% |
| 2001 | 1,460 Megawatt | +5.6% |
| 2002 | 1,506 Megawatt | +3.2% |
| 2003 | 1,507 Megawatt | +0.1% |
| 2004 | 1,508 Megawatt | +0.1% |
| 2005 | 1,538 Megawatt | +2.0% |
| 2006 | 1,725 Megawatt | +12.2% |
| 2007 | 2,363 Megawatt | +37.0% |
| 2008 | 2,574 Megawatt | +8.9% |
| 2009 | 2,571 Megawatt | -0.1% |
| 2010 | 2,579 Megawatt | +0.3% |
| 2011 | 2,669 Megawatt | +3.5% |
| 2012 | 2,656 Megawatt | -0.5% |
| 2013 | 2,765 Megawatt | +4.1% |
| 2014 | 2,766 Megawatt | +0.0% |
| 2015 | 2,772 Megawatt | +0.2% |
| 2016 | 2,772 Megawatt | +0.0% |
| 2017 | 2,823 Megawatt | +1.9% |
| 2018 | 2,973 Megawatt | +5.3% |
| 2019 | 2,979 Megawatt | +0.2% |
| 2020 | 2,989 Megawatt | +0.3% |
| 2021 | 2,999 Megawatt | +0.3% |
| 2022 | 3,006 Megawatt | +0.3% |
| 2023 | 3,012 Megawatt | +0.2% |
| 2024 | 3,003 Megawatt | -0.3% |
Iceland compared with similar countries
- Iceland's 3,003 Megawatt is below the median for Europe & Central Asia, which is 13,772 Megawatt, 22% of the median. (36 countries reporting)
- Iceland's 3,003 Megawatt is below the median for high income countries, which is 19,899 Megawatt, 15% of the median. (30 countries reporting)
Biggest year-on-year movements
Years where Electricity production capacities by main fuel groups and operator in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +37.0% | 1,725 Megawatt | 2,363 Megawatt |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,103 Megawatt | 944 Megawatt | 1,335 Megawatt | 10 |
| 2000s | 1,814 Megawatt | 1,383 Megawatt | 2,574 Megawatt | 10 |
| 2010s | 2,775 Megawatt | 2,579 Megawatt | 2,979 Megawatt | 10 |
| 2020s | 3,002 Megawatt | 2,989 Megawatt | 3,012 Megawatt | 5 |
Countries ranked near Iceland
More energy & mining data for Iceland
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate -4.9 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0.0002 terawatt-hours per person (2025)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 9.0% (2025)
Frequently asked questions
- What is electricity production capacities by main fuel groups and operator in Iceland?
- Electricity production capacities by main fuel groups and operator in Iceland was 3,003 Megawatt in 2024, according to Eurostat.
- What is the highest electricity production capacities by main fuel groups and operator recorded in Iceland?
- The highest recorded value was 3,012 Megawatt in 2023.
- What is the lowest electricity production capacities by main fuel groups and operator recorded in Iceland?
- The lowest recorded value was 944 Megawatt in 1990.
- How does Iceland rank for electricity production capacities by main fuel groups and operator?
- Iceland ranks 39th out of 47 countries with data for 2024.
- Is electricity production capacities by main fuel groups and operator rising or falling in Iceland?
- Over the last ten years it is up 8.6%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Electricity production capacities by main fuel groups and operator. Statizoid updates them automatically from the source API.
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