Last update February 2021
Changes in energy consumption and value added of services
- Since 2014, the value added of services has been growing almost at the same pace than before 2008 (+2.1%/year). In contrast, the energy consumption of services has been growing 2.3 times slower than before 2008 (+1.1%/year compared to +2.6%/year) and electricity consumption 3 times slower than before 2008.
- During the post crisis period (2008-2014), strong contraction of total energy consumption (-1.2%/year) and a decrease in electricity consumption (-0.4%/year), despite a limited growth of value added (+0.7%/year).
- Before 2008, strong progression of the energy consumption (of which electricity) at the same rate as value added.
Energy consumption and VA growth (EU)
Note: Energy consumption at normal climate (i.e. with climatic corrections)