In 2023, Germany leads in renewable energy supply with 48.6 MTOE, followed by France at 31.97 MTOE, and Italy at 31.14 MTOE. Key year-on-year growth rates indicate significant increases in the Netherlands (17.39%), Slovakia (9.65%), and Malta (7.84%). Overall trends show a robust commitment to increasing renewable energy with notable growth areas in Northern and Western Europe. However, decreases are noted in countries like Iceland (-0.55%) and Albania (-3.3%), suggesting potential challenges in sustaining growth.
Looking forward, Europe is expected to continue its transition towards cleaner energy, driven by policies like the European Green Deal and increased investment in renewable technologies. Watch for advancements in offshore wind, solar energy in Southern Europe, and biofuels in agricultural regions. Cross-border energy cooperation within the EU will also play a crucial role in balancing supply and demand across the continent.
Top countries in Energy Supply of Renewables and Biofuels by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 48,600 | 2023 | +1.86% | +2.24% | View data |
| 2 | 2 France | 31,970 | 2023 | +2.91% | +2.75% | View data |
| 3 | 3 Italy | 31,140 | 2023 | +2.13% | +1.27% | View data |
| 4 | 4 United Kingdom | 25,940 | 2023 | +4.19% | +5.09% | View data |
| 5 | 5 Sweden | 24,530 | 2023 | +2.19% | +3.95% | View data |
| 6 | 6 Spain | 21,400 | 2023 | +2.65% | +3.33% | View data |
| 7 | 7 Norway | 15,850 | 2023 | +1.55% | +1.57% | View data |
| 8 | 8 Finland | 14,020 | 2023 | +3.38% | +3.07% | View data |
| 9 | 9 Poland | 13,510 | 2023 | +1.6% | +1.92% | View data |
| 10 | 10 Austria | 10,990 | 2023 | +1.36% | +1.89% | View data |
