The change in energy intensity of gross value added in Cyprus stood at -23.2% over the period 2014–2023, according to data published by the European Statistical Office (Eurostat).
According to the data, in 2023 the EU economy’s net domestic energy use amounted to 56.1 million terajoules, marking a decrease of 4.1% compared with 2022. Businesses and governments consumed 72.3% of the energy for production activities, while the remaining 27.7% was consumed directly by households.
In terms of economic activities, manufacturing accounted for the largest share of net domestic energy use, with 14.3 million terajoules or 25.5% of the total. It was followed by electricity, gas, steam and air conditioning supply with 10.1 million terajoules (17.9%) and transport and storage with 6.9 million terajoules (12.3%).
Compared with 2022, electricity, gas, steam and air conditioning supply recorded the sharpest decrease in energy use (-8.7%), followed by manufacturing (-5.5%). By contrast, transport and storage was the only economic activity to register an increase in energy use in 2023, rising by 8.1%.
Regarding the period 2014–2023, the picture across the EU in terms of energy efficiency in production activities was mixed. The largest declines in the energy intensity of gross value added were recorded in Estonia (-43.1%), Ireland (-42.8%) and the Netherlands (-37.2%). An increase was observed only in Malta (+22.9%) and Lithuania (+9.3%).
(Source: CNA)
