In 2023, Germany led Europe in the consumption of renewables and biofuels, followed by France and Italy. Notably, the Netherlands showed remarkable growth with a 17.39% increase, while smaller markets like Luxembourg also saw significant growth. Belgium and Slovakia experienced strong growth, while Iceland and Bosnia and Herzegovina saw declines. Malta registered the highest growth rate at 7.84% among the lower-tier countries.
Looking ahead, key trends in the European renewables and biofuels market include further integration of sustainable energy sources, anticipated growth in offshore wind capacity, and increasing investments in green technologies driven by EU policies and member state initiatives.
Top countries in Gross Inland Consumption of Renewables and Biofuels Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 15.01 | 2023 | +1.9% | +2.22% | View data |
| 2 | 2 France | 9.89 | 2023 | +2.97% | +2.78% | View data |
| 3 | 3 Italy | 9.64 | 2023 | +2.13% | +1.27% | View data |
| 4 | 4 United Kingdom | 8.02 | 2023 | +4.19% | +5.09% | View data |
| 5 | 5 Sweden | 7.58 | 2023 | +2.19% | +3.95% | View data |
| 6 | 6 Spain | 6.63 | 2023 | +2.68% | +3.37% | View data |
| 7 | 7 Norway | 4.9 | 2023 | +1.54% | +1.55% | View data |
| 8 | 8 Finland | 4.33 | 2023 | +3.38% | +3.07% | View data |
| 9 | 9 Poland | 4.18 | 2023 | +1.6% | +1.92% | View data |
| 10 | 10 Austria | 3.36 | 2023 | +0.87% | +1.69% | View data |
