Despite the reality that the Grand Duchy comes second to last in Europe in terms of renewable energy share, it is making strides and has huge intentions in this area. The European Commission proposes raising the EU’s renewable energy objective to 45 percent by 2030, up from 40 percent declared last year, in order to speed up the EU’s withdrawal from Russian-supplied fossil fuels following the Ukraine invasion.
In 2020, renewable energy sources like solar, wind, and biomass contributed approximately 22% of the EU’s total final energy consumption. This number varies widely by country, as per the most current Eurostat statistics, ranging from over 60.1 percent in Sweden to barely 11.7 percent in Luxembourg. In Europe, the Grand Duchy is second to last, ahead of Malta.
The poor carbon footprint of Luxembourg can be linked to several causes, including ‘fuel tourism.’ The government, on the other hand, is moving in the right direction, and its integrated national energy and climate strategy (PNEC) has set lofty goals. With ongoing wind, solar, and biomass growth, it plans to boost the share of renewables in gross final energy usage from 11% to 25% by 2030.
In recent years, renewable energy has gained favor in Luxembourg. In the last decade, their share of electricity (from 3.3 percent in 2007 to 8.1 percent in 2017) and heating (from 3.3 percent in 2007 to 8.1 percent in 2017) has more than doubled (from 4.4 percent in 2007 to 8.1 percent in 2017). The transportation sector grew at a substantially faster rate, from 2.2 percent in 2007 to 6.4 percent in 2017.
With an aggregate of 6,990 photovoltaic systems, Luxembourg is presently placed 6th in the EU (European Union) in terms of deployed solar capacity per inhabitant (2018). The government wants to be number one in this rating by 2030.
The amount of electricity generated by wind turbines located in Luxembourg increased by almost 200 percent between 2013 and 2018. Wind power already provides a considerable amount of Luxembourg’s renewable energy (installed output in the year 2018: 123 MW for 69 wind turbines).
Luxembourg’s electricity is also green, which is a positive development. Solar and wind installations combined provided over 10% of the globe’s electricity for the very first time in 2021, according to a report published by the think tank ‘Ember.’ Luxembourg is among the few nations that receive more than 40 percent of its power from these two main sources, with Denmark getting 52%, Uruguay 47%, and Luxembourg 43%.
The only disadvantage is that Luxembourg imports a considerable amount of its electricity. In reality, the Grand Duchy is among Europe’s most energy-dependent nations. While the European Union imported 60.6 percent of its energy in 2019, Luxembourg consumes 95.1 percent of its energy from abroad.