In 2024, Spain leads the European solar thermal energy supply with 53.66 Terajoules, representing a solid growth with a 4.3% increase from the previous year. Germany follows, albeit with a slight decline of -0.11%, reflecting 14.92 Terajoules. Greece and Italy have shown positive trends, growing by 2.65% and 3.94% respectively. France, with 4.24 Terajoules, observed a 3.55% increase. Austria and Denmark are unique in that they both witnessed slight declines in supply. Poland recorded the highest growth of 11.7%, whereas smaller markets like Sweden indicated negative growth.
Future trends to watch for in the European solar thermal energy sector include the sustained growth in Eastern Europe, particularly Poland and Romania, the resilience of major markets amidst economic changes, and potential declines in traditionally strong markets like Germany. It's also crucial to monitor technological advancements and policy changes that could impact the supply landscape.
Top countries in Solar Thermal Energy Supply 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 | 4.24 | 2023 | +3.24% | +3.55% | 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 | 1.53 | 2023 | +1.25% | +1.5% | View data |
| 10 | 10 Denmark | 1.24 | 2023 | -6.13% | -0.82% | View data |
