In 2023, Germany led European electricity production from renewables and biofuels, with forecasted 2024 production significantly ahead of other countries, followed by Norway, UK, and France. The Netherlands showed remarkable growth with a year-on-year variation of 27.14%. High growth rates were also observed in Belgium, Finland, and Ireland. While some countries like Romania and Serbia experienced declines, overall the trend was positive. Over the recent five years, the compounded growth rate was robust, indicating a strong shift towards renewable energy across Europe.
Looking ahead, expect accelerated adoption of renewables, driven by EU policy, technological advances, and further infrastructure investment. Close attention to emerging technologies and policy shifts will be crucial in shaping future growth patterns.
Top countries in Gross Electricity Production from Renewables and Biofuels by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25,590 | 2023 | +4.56% | +5.45% | View data |
| 2 | 2 Norway | 12,870 | 2023 | +0.96% | +0.83% | View data |
| 3 | 3 United Kingdom | 12,520 | 2023 | +4.38% | +5.29% | View data |
| 4 | 4 France | 11,830 | 2023 | +3.1% | +2.96% | View data |
| 5 | 5 Italy | 10,790 | 2023 | +1.76% | +1.56% | View data |
| 6 | 6 Spain | 10,310 | 2023 | +2.04% | +2.43% | View data |
| 7 | 7 Sweden | 9,290 | 2023 | +2.01% | +3.46% | View data |
| 8 | 8 Netherlands | 5,400 | 2023 | +18.59% | +27.14% | View data |
| 9 | 9 Austria | 4,940 | 2023 | +1.04% | +1.39% | View data |
| 10 | 10 Finland | 3,140 | 2023 | +2.8% | +2.57% | View data |
