Germany leads Europe's renewable and biofuel electricity production in 2024, maintaining a growth rate of 2.47% from the previous year. Norway and the United Kingdom follow, with noteworthy 1.1% and 5.29% increases respectively. The Netherlands exhibits the most substantial growth at 24.3%, alongside strong upsurges in Poland (9.63%) and Hungary (19.2%). Conversely, Ukraine and Albania see reductions in their output. Over five years, the compound annual growth rate reveals expanding renewable sectors, notably in Belgium, Malta, and Moldova.
Future trends to observe include accelerated adoption and technological advancements propelled by EU green policies. Particular attention should be given to emerging markets like Poland and Hungary, along with significant capacity increases in smaller states like Cyprus and Kosovo. Structural shifts in energy storage and grid enhancements will also play pivotal roles in shaping the continent's renewable landscape.
Top countries in Renewables and Biofuels Gross Electricity Production by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22,170 | 2023 | +1.04% | +2.47% | View data |
| 2 | 2 Norway | 13,080 | 2023 | +1.14% | +1.1% | View data |
| 3 | 3 United Kingdom | 12,520 | 2023 | +4.38% | +5.29% | View data |
| 4 | 4 France | 11,660 | 2023 | +2.9% | +2.66% | View data |
| 5 | 5 Spain | 11,060 | 2023 | +2.25% | +3.88% | View data |
| 6 | 6 Italy | 10,510 | 2023 | +1.57% | +1.03% | View data |
| 7 | 7 Sweden | 9,650 | 2023 | +2.48% | +4.24% | View data |
| 8 | 8 Austria | 4,950 | 2023 | +1.04% | +1.41% | View data |
| 9 | 9 Netherlands | 4,820 | 2023 | +16.07% | +24.3% | View data |
| 10 | 10 Finland | 3,330 | 2023 | +3.63% | +3.82% | View data |
