Spain leads the European solar thermal energy supply with 114.28 thousand terajoules, reflecting a steady growth of 4.3% from last year. Germany, while second, saw a slight decline of 0.11% at 31.78 thousand terajoules. Greece, Italy, and France feature strong positive growth rates at 2.65%, 3.94%, and 3.55% respectively. Poland's supply surged by 11.7%, continuing its high growth trend observed over the recent years. Conversely, Denmark and Austria showed minor declines in supply, suggesting potential challenges. Overall, the region showcases diversified growth patterns.
Future trends to observe include:
- The potential impact of policy shifts and technological advancements on Germany's market position.
- Continued expansion opportunities in Poland and Finland, driven by robust growth figures.
- Monitoring Spain's capacity to sustain its leading market share amidst increasing regional competition.
- The influence of EU sustainability goals on smaller markets like Romania and Slovakia, which are showing promising growth dynamics.
Top countries in Solar Thermal Energy Supply by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 114,280 | 2023 | +5.63% | +4.3% | View data |
| 2 | 2 Germany | 31,780 | 2023 | +0.3% | -0.11% | View data |
| 3 | 3 Greece | 13,230 | 2023 | +1.93% | +2.65% | View data |
| 4 | 4 Italy | 11,100 | 2023 | +3.64% | +3.94% | View data |
| 5 | 5 France | 9,030 | 2023 | +3.24% | +3.55% | View data |
| 6 | 6 Austria | 7,330 | 2023 | -0.52% | -0.65% | View data |
| 7 | 7 Portugal | 4,760 | 2023 | +3.59% | +3.8% | View data |
| 8 | 8 Poland | 4,140 | 2023 | +7.45% | +11.7% | View data |
| 9 | 9 Cyprus | 3,250 | 2023 | +1.25% | +1.5% | View data |
| 10 | 10 Denmark | 2,650 | 2023 | -6.13% | -0.82% | View data |
