Electricity production capacities for renewables and wastes in Iceland

Iceland: Electricity production capacities for renewables and wastes was 2,132 Megawatt in 2024. ▲ Rising

Latest (2024)
2,132 Megawatt
Change on year
down 0.7%
World rank
26th
of 51 countries
All-time high
2,147 Megawatt
in 2023
All-time low
756 Megawatt
in 1990
Years of data
35
1990–2024

Electricity production capacities for renewables and wastes in Iceland, 1990–2024

05001.0k1.5k2.0k1990200720241990: 756 Megawatt1991: 779 Megawatt1992: 879 Megawatt1993: 879 Megawatt1994: 884 Megawatt1995: 884 Megawatt1996: 884 Megawatt1997: 923 Megawatt1998: 956 Megawatt1999: 1.0k Megawatt2000: 1.1k Megawatt2001: 1.1k Megawatt2002: 1.2k Megawatt2003: 1.2k Megawatt2004: 1.2k Megawatt2005: 1.2k Megawatt2006: 1.2k Megawatt2007: 1.8k Megawatt2008: 1.9k Megawatt2009: 1.9k Megawatt2010: 1.9k Megawatt2011: 1.9k Megawatt2012: 1.9k Megawatt2013: 2.0k Megawatt2014: 2.0k Megawatt2015: 2.0k Megawatt2016: 2.0k Megawatt2017: 2.0k Megawatt2018: 2.1k Megawatt2019: 2.1k Megawatt2020: 2.1k Megawatt2021: 2.1k Megawatt2022: 2.1k Megawatt2023: 2.1k Megawatt2024: 2.1k Megawatt

Source: Eurostat. Measured in Megawatt.

Analysis

In 2024, electricity production capacities for renewables and wastes in Iceland stood at 2,132 Megawatt.

Compared with earlier readings it is down 0.7% on the previous year and up 7.5% over ten years.

Over the whole period, electricity production capacities for renewables and wastes in Iceland peaked at 2,147 Megawatt in 2023 and was at its lowest, 756 Megawatt, in 1990.

Iceland ranks 26th of 51 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 35 years of available data.

Electricity production capacities for renewables and wastes in Iceland, year by year

Annual values for Electricity production capacities for renewables and wastes in Iceland, 1990 to 2024.
Year Megawatt Change
1990 756 Megawatt —
1991 779 Megawatt +3.0%
1992 879 Megawatt +12.8%
1993 879 Megawatt +0.0%
1994 884 Megawatt +0.6%
1995 884 Megawatt +0.0%
1996 884 Megawatt +0.0%
1997 923 Megawatt +4.4%
1998 956 Megawatt +3.6%
1999 1,016 Megawatt +6.3%
2000 1,064 Megawatt +4.7%
2001 1,109 Megawatt +4.2%
2002 1,155 Megawatt +4.1%
2003 1,155 Megawatt +0.0%
2004 1,163 Megawatt +0.7%
2005 1,163 Megawatt +0.0%
2006 1,163 Megawatt +0.0%
2007 1,758 Megawatt +51.2%
2008 1,879 Megawatt +6.9%
2009 1,875 Megawatt -0.2%
2010 1,883 Megawatt +0.4%
2011 1,884 Megawatt +0.1%
2012 1,877 Megawatt -0.4%
2013 1,984 Megawatt +5.7%
2014 1,984 Megawatt +0.0%
2015 1,987 Megawatt +0.2%
2016 1,987 Megawatt +0.0%
2017 1,995 Megawatt +0.4%
2018 2,099 Megawatt +5.2%
2019 2,104 Megawatt +0.3%
2020 2,114 Megawatt +0.5%
2021 2,114 Megawatt +0.0%
2022 2,105 Megawatt -0.4%
2023 2,147 Megawatt +2.0%
2024 2,132 Megawatt -0.7%

Iceland compared with similar countries

  • Iceland's 2,132 Megawatt is below the median for Europe & Central Asia, which is 2,294 Megawatt, 93% of the median. (38 countries reporting)
  • Iceland's 2,132 Megawatt is below the median for high income countries, which is 2,276 Megawatt, 94% of the median. (31 countries reporting)

Biggest year-on-year movements

Years where Electricity production capacities for renewables and wastes 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.

YearChange FromTo
2007 +51.2% 1,163 Megawatt 1,758 Megawatt

Averages by decade

DecadeAverage LowestHighest Years
1990s 884 Megawatt 756 Megawatt 1,016 Megawatt 10
2000s 1,348 Megawatt 1,064 Megawatt 1,879 Megawatt 10
2010s 1,978 Megawatt 1,877 Megawatt 2,104 Megawatt 10
2020s 2,123 Megawatt 2,105 Megawatt 2,147 Megawatt 5

Countries ranked near Iceland

  1. 23 Czechia 2,290 Megawatt compare
  2. 24 Poland 2,276 Megawatt compare
  3. 24 Poland 2,276 Megawatt compare
  4. 27 Latvia 1,588 Megawatt compare
  5. 27 Latvia 1,588 Megawatt compare
  6. 29 Belgium 1,431 Megawatt compare

See the full ranking of 54 places →

More environment data for Iceland

All data for Iceland →

Frequently asked questions

What is electricity production capacities for renewables and wastes in Iceland?
Electricity production capacities for renewables and wastes in Iceland was 2,132 Megawatt in 2024, according to Eurostat.
What is the highest electricity production capacities for renewables and wastes recorded in Iceland?
The highest recorded value was 2,147 Megawatt in 2023.
What is the lowest electricity production capacities for renewables and wastes recorded in Iceland?
The lowest recorded value was 756 Megawatt in 1990.
How does Iceland rank for electricity production capacities for renewables and wastes?
Iceland ranks 26th out of 51 countries with data for 2024.
Is electricity production capacities for renewables and wastes rising or falling in Iceland?
Over the last ten years it is up 7.5%. 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 for renewables and wastes. Statizoid updates them automatically from the source API.

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Electricity production capacities for renewables and wastes in Iceland. Statizoid, drawing on Eurostat. Retrieved 02 October 2026, from https://environment.statizoid.com/stat/electricity-production-capacities-for-renewables-and-wastes/iceland/

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About this data

Indicator
Electricity production capacities for renewables and wastes
Unit
Megawatt
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
54 places, 1,740 data points, 1990–2024
Last refreshed