The analysis of European Solar Thermal Gross Available Energy Share reveals Spain as a dominant player with significant energy contributions, while countries like Germany and Greece maintain moderate shares. Emerging markets such as Poland and Finland have demonstrated impressive growth rates with double-digit increases in 2023. Meanwhile, traditional leaders such as Austria and Denmark show minor declines, indicating market saturation. Smaller markets including Romania and Croatia are also experiencing notable growth, suggesting potential for further expansion.
Future trends to watch for include technological advancements and policy supports driving higher adoption rates. The focus on renewable energy across Europe could enhance solar thermal energy’s contribution, particularly in underrepresented markets, fostering cross-border collaborations and innovations.
Top countries in Solar Thermal Gross Available Energy Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 53.66 | 2023 | +5.63% | +4.3% | View data |
| 2 | 2 Germany | 14.92 | 2023 | +0.3% | -0.11% | View data |
| 3 | 3 Greece | 6.21 | 2023 | +1.93% | +2.65% | View data |
| 4 | 4 Italy | 5.21 | 2023 | +3.64% | +3.94% | View data |
| 5 | 5 France | 4.22 | 2023 | +2.95% | +3.44% | View data |
| 6 | 6 Austria | 3.44 | 2023 | -0.52% | -0.65% | View data |
| 7 | 7 Portugal | 2.24 | 2023 | +3.59% | +3.8% | View data |
| 8 | 8 Poland | 1.95 | 2023 | +7.45% | +11.7% | View data |
| 9 | 9 Cyprus | 1.56 | 2023 | +1.25% | +1.5% | View data |
| 10 | 10 Denmark | 1.24 | 2023 | -6.13% | -0.82% | View data |