The European fishing sector's final consumption of renewables and biofuels shows significant country-specific variations. In 2023, the most substantial consumption increases were noted in Iceland (23.33%) and the Czech Republic (61.75%), highlighting their commitment to renewable energy adoption. Italy, France, Spain, Sweden, Portugal, and Latvia exhibited modest growth, while Finland, Malta, Poland, and Norway showed no change. Hungary and Greece experienced declines in renewable energy consumption.
Future trends to watch include:
- The potential for increased renewable energy use driven by policy changes and sustainability commitments.
- Technological advancements in biofuels that could improve efficiency and reduce costs.
- The impact of geopolitical factors on energy supply chains and resource availability.
Top countries in Fishing Sector Final Consumption of Renewables and Biofuels Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 38.1 | 2023 | +1.64% | +23.33% | View data |
| 2 | 2 Italy | 35.54 | 2023 | +5.66% | +0.9% | View data |
| 3 | 3 France | 8.79 | 2023 | +2.52% | +1.06% | View data |
| 4 | 4 Spain | 7.9 | 2023 | +35.68% | +4.24% | View data |
| 5 | 5 Sweden | 7.81 | 2023 | +18.9% | +0.39% | View data |
| 6 | 6 Portugal | 1.06 | 2023 | +2.08% | +9.06% | View data |
| 7 | 7 Czech Republic | 0.45 | 2023 | +29.53% | +61.75% | View data |
| 8 | 8 Finland | 0.13 | 2023 | +4.22% | View data | |
| 9 | 9 Latvia | 0.11 | 2023 | +0.066% | +4.57% | View data |
| 10 | 10 Malta | 0.062 | 2023 | +4.16% | View data |