In 2023, Sweden leads in the renewable and biofuel consumption in the industry with 55.76 TWh, showing a 2.44% increase over the previous year. Finland and Germany follow at 49.34 TWh and 35.36 TWh, having 0.49% and 2.01% growth respectively. Notable growth is observed in countries like Hungary (11.0%) and Ukraine (22.35%), reflecting strong movements towards renewable energy. Conversely, countries such as Iceland (-18.83%) and Luxembourg (-2.82%) show declining trends.
Looking towards future trends, many European nations are increasingly prioritizing energy transition strategies, enhancing policy support for clean energy, and investing in technology to boost efficiency. This indicates a likely increase in the consumption of renewables and biofuels in the industrial sectors across Europe, driven by regulatory frameworks, technology advancements, and heightened environmental awareness.
Top countries in Renewables and Biofuels Final Consumption in Industry by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 55,760 | 2023 | +1.1% | +2.44% | View data |
| 2 | 2 Finland | 49,340 | 2023 | +1.61% | +0.49% | View data |
| 3 | 3 Germany | 35,360 | 2023 | +1.88% | +2.01% | View data |
| 4 | 4 Spain | 23,570 | 2023 | +0.86% | +0.84% | View data |
| 5 | 5 Poland | 20,950 | 2023 | +2.62% | +0.95% | View data |
| 6 | 6 United Kingdom | 16,910 | 2023 | +4.28% | +4.29% | View data |
| 7 | 7 France | 16,760 | 2023 | -0.081% | -0.57% | View data |
| 8 | 8 Austria | 14,710 | 2023 | +1.26% | +1.24% | View data |
| 9 | 9 Portugal | 11,700 | 2023 | -0.24% | -0.25% | View data |
| 10 | 10 Belgium | 8,580 | 2023 | +1.83% | +0.42% | View data |
