European Mining and Quarrying Sector Final Consumption of Renewables and Biofuels by Country

In 2023, Sweden led in the consumption of renewables and biofuels in the European mining and quarrying sector, with significant growth observed at 24.14% year-on-year. Finland and Denmark also showed notable increases, while France and Germany experienced declines of 3.45% and 8.77%, respectively. Southern and Eastern European countries like Greece, Ukraine, and Poland witnessed reductions in consumption, whereas Hungary and Macedonia saw slight improvements. Over the last five years, a general trend indicates fluctuations in consumption, with some countries advancing in renewable energy adoption, while others stagnate or even decrease.

Future trends to watch for include:

• Continued growth in Northern Europe with potential expansion in Sweden, Denmark, and Finland as they reinforce their renewable energy strategies.
• A possible resurgence in Germany and France as they may revisit policies to curb declines in renewable consumption.
• The opportunity for Eastern and Southern European countries to capitalize on renewable investments to enhance their consumption levels.
• The influence of European Union regulations and incentives on stabilizing or increasing the use of renewables in the mining sector across the continent.