In 2023, Norway led Europe with a remarkable 113.69% share of renewable energy sources in electricity, indicating a surplus due to its extensive hydropower resources. Iceland and Albania followed closely with shares of 98.71% and 97.24%, respectively, owing to their utilization of geothermal and hydroelectric power. Countries like Austria (78.25%) and Sweden (77.37%) also showcased strong performances driven by a mix of hydro, wind, and bioenergy.
Portugal (60.95%) and Denmark (59.1%) saw significant contributions from wind and solar power. Other notable performers included Croatia (55.51%) and Latvia (51.99%). Conversely, Eastern European countries like Hungary (14.93%), Czech Republic (14.64%), and Kosovo (6.45%) lagged, reflecting slower integration of renewable sources.
Future trends to watch include increased investments in offshore wind farms in the North Sea, expanded solar capacity in Southern Europe, and the integration of energy storage solutions to enhance grid stability. Additionally, policy shifts favoring green energy and technological advancements are expected to accelerate renewable adoption across Europe.
Top countries in Share of Renewable Energy Sources in Electricity by Country
| # | 10 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Norway | 113.69 | 2023 | View data |
| 2 | 2 Iceland | 98.71 | 2023 | View data |
| 3 | 3 Albania | 97.24 | 2023 | View data |
| 4 | 4 Austria | 78.25 | 2023 | View data |
| 5 | 5 Sweden | 77.37 | 2023 | View data |
| 6 | 6 Montenegro | 60.99 | 2023 | View data |
| 7 | 7 Portugal | 60.95 | 2023 | View data |
| 8 | 8 Denmark | 59.1 | 2023 | View data |
| 9 | 9 Croatia | 55.51 | 2023 | View data |
| 10 | 10 Latvia | 51.99 | 2023 | View data |
Latest reports
US Renewable Energy Market Report- Q4 2024
The US renewable energy sector continued to exhibit robust growth in the fourth quarter of 2024, propelled by significant advancements and strategic investments...
China Renewable Energy Market Report- Q4 2024
The fourth quarter of 2024 marked a significant period for the renewable energy sector in China, characterized by substantial advancements in solar and...
Japan Renewable Energy Market Report- Q4 2024
In the fourth quarter of 2024, Japan's renewable energy market experienced significant growth, primarily driven by robust government policies and technological advancements across...
Germany Renewable Energy Market Report- Q4 2024
The fourth quarter of 2024 has been a transformative period for Germany's renewable energy market, marked by dynamic shifts in energy production, strategic...
India Renewable Energy Market Report- Q4 2024
In the fourth quarter of 2024, India's renewable energy market continued to demonstrate robust growth and dynamic developments across various segments, reflecting the...
UK Renewable Energy Market Report- Q4 2024
The UK renewable energy sector in Q4 2024 showcased significant advancements and challenges, reflecting its crucial role in the country's energy transition. This...
Canada Renewable Energy Market Report- Q4 2024
The Canadian renewable energy market in Q4 2024 continues to exhibit remarkable growth and resilience, driven by strategic investments, technological innovations, and supportive...
Brazil Renewable Energy Market Report- Q4 2024
The renewable energy market in Brazil continues to experience dynamic growth, driven by advancements in solar and wind energy sectors. In Q4 2024,...
Italy Renewable Energy Market Report- Q4 2024
The fourth quarter of 2024 saw significant developments in Italy's renewable energy landscape, marked by strategic investments, technological advancements, and increased international interest....
South Korea Renewable Energy Market Report- Q1 2025
In the first quarter of 2025, South Korea's Renewable Energy sector experienced significant advancements and challenges, reflecting broader economic and geopolitical dynamics. The...