Valletta: The annual Eurostat read on energy import dependency landed quietly in March and has now worked through the policy seminars and into the Commission’s drafts for the next REPowerEU progress check. The headline number is unchanged in shape and uncomfortable in substance. The EU imported 57 percent of the energy it consumed in 2024, and produced 43 percent at home. The figure is stable against the 2023 reading, which itself was the post-2022 floor, and it suggests that the wartime push to lower the import share has more or less stalled.
Country dispersion remains the part of the dataset that matters most for policy. Malta still sits at the top of the dependency table at 98 percent, with Luxembourg at 91 percent and Cyprus at 88 percent close behind. At the other end, Estonia reads 5 percent, the lowest in the bloc, anchored by shale oil and a generation mix that has shifted faster than its peers. Sweden, Romania, the Czech Republic and Bulgaria fill out the lower band, while the Mediterranean and Baltic small states cluster at the top. The dispersion has narrowed slightly since 2022 but the structural shape is intact.
Composition of imports is where the read sharpens. Oil and petroleum products accounted for 67 percent of the EU’s energy import bill in 2024, with natural gas at 24 percent, solid fossil fuels at 4 percent, electricity at 3 percent and renewable energy at 2 percent. The oil share is the durable part of the dependency story and the part that the Clean Industrial Deal narrative has the hardest time addressing in the short run. Gas has fallen against its mid-2022 high but the absolute share is still material, and the share of renewable imports has held flat rather than rising, which the Commission had been quietly hoping to see lift.
Supplier concentration moved in 2024 in ways that reshape the political reading. The United States supplied 16 percent of EU oil and petroleum product imports, the largest single share, while Norway delivered roughly 30 percent of natural gas imports and held the top supplier position by some distance. Solid fossil fuels, mostly coal, came largely from Australia, which carried 31 percent of that bucket. The Russia share continued its glide downward in oil and gas, even as the volumes that move through grey channels and third-country reprocessing remain a problem the trade defence teams are still wrestling with.
For the Maltese economy, the 98 percent reading is not new but it is foundational. The island’s grid runs almost entirely on imported fuels, and the LNG terminal at Delimara remains the operational backbone of the system. The 2027 interconnector upgrade with Sicily and the third interconnector option that has been on the Commission’s project of common interest list since 2022 are the only structural moves with a near-term effect on the dependency share. Until either comes online, Maltese dependency stays in the high nineties, with the policy room limited to demand-side levers and procurement choices.
Inside the Commission, the dataset feeds into three separate workstreams. The REPowerEU progress check expected in the autumn will reference the figures as the most recent verified read. The draft 2040 climate framework reuses the import share line as one of its baseline indicators. And the energy union state-of-play report owed to the European Council in December will lean on the Eurostat run to triangulate progress against the 2030 markers. The fact that the share is flat will make all three documents harder to write with the upbeat tone the political timetable would prefer.




