In 2023, Germany led Europe in renewable energy supply with a significant share of 15.01 thousand tonnes of oil equivalent, followed by France and Italy with 9.87 and 9.62 respectively. The Netherlands saw a notable increase with a 17.39% rise, driven by strong investments. Other countries, such as Sweden and the United Kingdom, also experienced modest growth, further strengthening the regional inclination towards renewables.
Key trends to monitor for 2024 and beyond include:
- Emerging technologies and innovations, particularly in wind and solar energy, driving increased adoption across Europe.
- Enhanced cross-border cooperation and energy policies supporting shared renewable initiatives and infrastructure projects.
- Increased investments in biofuel research and development, aiming for diversified and sustainable energy portfolios.
- Continued policy-driven growth, particularly with favorable legislation and subsidies, promoting green energy advancement across the EU.
Top countries in Energy Supply of Renewables and Biofuels Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 15.01 | 2023 | +1.86% | +2.24% | View data |
| 2 | 2 France | 9.87 | 2023 | +2.91% | +2.75% | View data |
| 3 | 3 Italy | 9.62 | 2023 | +2.13% | +1.27% | View data |
| 4 | 4 United Kingdom | 8.01 | 2023 | +4.19% | +5.09% | View data |
| 5 | 5 Sweden | 7.58 | 2023 | +2.19% | +3.95% | View data |
| 6 | 6 Spain | 6.61 | 2023 | +2.65% | +3.33% | View data |
| 7 | 7 Norway | 4.9 | 2023 | +1.55% | +1.57% | View data |
| 8 | 8 Finland | 4.33 | 2023 | +3.38% | +3.07% | View data |
| 9 | 9 Poland | 4.17 | 2023 | +1.6% | +1.92% | View data |
| 10 | 10 Austria | 3.4 | 2023 | +1.36% | +1.89% | View data |
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