The R&D expenditure in Electricity, Gas, Steam, and Air Conditioning Supply; Water Collection, Treatment, and Supply shows variations across European countries. Germany leads with substantial investment, reaching €169.14 million, having seen a slight increase of 0.55% in 2023. Spain follows closely with €157.44 million, benefitting from a 5.41% growth. Estonia, Slovenia, and Lithuania demonstrate smaller investments but marked growth rates; Estonia notably increased by 21.12%, Slovenia by 13.51%, and Lithuania by a remarkable 44.39% in 2023.
Future trends to watch for in European R&D expenditure in these sectors include:
- Continued growth in green energy initiatives, potentially boosting R&D spending further.
- Increased collaboration between European countries on renewable energy projects.
- Technological advancements driving efficiency in resource management and distribution sectors.
- The influence of policy changes and EU funding on R&D activities.
- Impact of global energy prices and demand on investment priorities.
Top countries in Business Enterprise R&D Expenditure in Electricity, Gas, Steam and Air Conditioning Supply; Water Collection, Treatment and Supply by Country
| # | 5 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 169.14 | 2023 | +0.37% | +0.55% | View data |
| 2 | 2 Spain | 157.44 | 2023 | +0.47% | +5.41% | View data |
| 3 | 3 Estonia | 15.38 | 2023 | +11.89% | +21.12% | View data |
| 4 | 4 Slovenia | 2.66 | 2023 | +3.98% | +13.51% | View data |
| 5 | 5 Lithuania | 0.43 | 2023 | -5.66% | +44.39% | View data |
