In 2023, Sweden led the European industry sector's consumption of renewables and biofuels, followed closely by Finland and Germany. Notably, Hungary and the Czech Republic displayed significant year-on-year increases of over 10%. In contrast, the Netherlands, Greece, and Belgium saw declines. Noteworthy trends include consistent growth in Scandinavian countries, while Western Europe shows mixed results. Russia's influence on energy markets and continued policy shifts towards sustainable practices will shape future consumption. Central and Eastern European countries may show increasing reliance on renewables, spurred by EU support and investments in green technologies.
Future trends to watch include:
- Transition towards greater renewable energy sources in Southern and Eastern Europe.
- Impact of technological innovations and cross-border collaborations.
- Potential shifts in policy, particularly regarding sustainability goals and geopolitical dynamics.
- The growing significance of hydrogen as an alternative fuel source.
Top countries in Industry Sector Final Consumption of Renewables and Biofuels Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 18.11 | 2023 | +0.6% | +2.19% | View data |
| 2 | 2 Finland | 16.14 | 2023 | +1.39% | +0.39% | View data |
| 3 | 3 Germany | 11.62 | 2023 | +1.87% | +1.99% | View data |
| 4 | 4 Spain | 7.72 | 2023 | +0.62% | +0.75% | View data |
| 5 | 5 Poland | 6.85 | 2023 | +2.42% | +0.83% | View data |
| 6 | 6 United Kingdom | 5.56 | 2023 | +4.28% | +4.29% | View data |
| 7 | 7 France | 5.52 | 2023 | -0.045% | -0.53% | View data |
| 8 | 8 Austria | 4.82 | 2023 | +1.35% | +1.23% | View data |
| 9 | 9 Portugal | 3.84 | 2023 | -0.56% | -0.39% | View data |
| 10 | 10 Belgium | 2.64 | 2023 | -0.21% | -0.92% | View data |
