In 2023, Sweden led the European Industry Sector in the final consumption of renewables and biofuels, with significant contributors including Finland and Germany. Countries like Norway and Hungary showed notable year-on-year growth, while others such as Iceland and Luxembourg experienced declines. Five-year trends indicate overall positive growth in countries like Lithuania and Cyprus, but negative trends in Iceland and Kosovo. Although France saw a slight decrease in renewable energy consumption, the UK displayed robust growth.
Future trends to watch include the potential for increased consumption in countries with emerging renewable initiatives, the impact of economic factors on growth in established markets, and the influence of EU policies on harmonizing green energy adoption across Europe.
Top countries in Industry Sector Final Consumption of Renewables and Biofuels Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 18.18 | 2023 | +1.1% | +2.44% | View data |
| 2 | 2 Finland | 16.09 | 2023 | +1.61% | +0.49% | View data |
| 3 | 3 Germany | 11.53 | 2023 | +1.88% | +2.01% | View data |
| 4 | 4 Spain | 7.68 | 2023 | +0.86% | +0.84% | View data |
| 5 | 5 Poland | 6.83 | 2023 | +2.62% | +0.95% | View data |
| 6 | 6 France | 5.55 | 2023 | +0.55% | -0.25% | View data |
| 7 | 7 United Kingdom | 5.51 | 2023 | +4.28% | +4.29% | View data |
| 8 | 8 Austria | 4.76 | 2023 | +0.93% | +1.1% | View data |
| 9 | 9 Portugal | 3.88 | 2023 | +0.82% | +0.2% | View data |
| 10 | 10 Belgium | 2.79 | 2023 | +1.76% | +0.38% | View data |
