In 2023, Germany leads the European renewables and biofuels market with the highest energy share, followed by France, Italy, and the United Kingdom. Notably, the Netherlands experienced the largest year-on-year increase, while Iceland saw a slight decrease. The region shows a diversified pace of growth, with Southern and Central European nations like Serbia and Slovakia showing significant gains. Luxurious and smaller nations like Luxembourg show significant relative growth, albeit from smaller bases.
Future trends to watch include the continued expansion of renewable energy capacity in the UK and Netherlands due to supportive policies, and potential growth in Eastern Europe due to infrastructure investments. Additionally, initiatives and technological advancements are likely to play a crucial role in shaping the future landscape of renewables across Europe.
Top countries in Renewables and Biofuels Gross Available Energy Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 15 | 2023 | +1.9% | +2.22% | View data |
| 2 | 2 France | 9.88 | 2023 | +2.97% | +2.78% | View data |
| 3 | 3 Italy | 9.64 | 2023 | +2.13% | +1.27% | View data |
| 4 | 4 United Kingdom | 8.02 | 2023 | +4.19% | +5.09% | View data |
| 5 | 5 Sweden | 7.58 | 2023 | +2.19% | +3.95% | View data |
| 6 | 6 Spain | 6.63 | 2023 | +2.68% | +3.37% | 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 | 3.36 | 2023 | +0.87% | +1.69% | View data |
