In 2023, France led with 17.2 GWh, followed by Germany at 15.83 GWh. Significant year-on-year growth was noted in Cyprus (25.01%) and Montenegro (19.87%), while Serbia experienced a decline of -6.61%. On average, the Compound Annual Growth Rate (CAGR) over the past five years highlights substantial increases, particularly in the Netherlands (10.12%), Belgium (12.56%), and Finland (11.09%). Conversely, Bulgaria and Bosnia and Herzegovina observed negative trends.
Future trends to observe include the acceleration of renewable energy adoption in countries with emerging markets for biofuels, as well as initiatives to enhance energy efficiency in established markets. Technological advancements and policy shifts towards cleaner energy are likely to influence continued growth.
Top countries in Transformation Output of Renewables and Biofuels Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 17.2 | 2023 | +5.45% | +1.23% | View data |
| 2 | 2 Germany | 15.83 | 2023 | +0.88% | +2.67% | View data |
| 3 | 3 United Kingdom | 8.63 | 2023 | +4.01% | +7.07% | View data |
| 4 | 4 Spain | 8.3 | 2023 | +6.11% | +0.61% | View data |
| 5 | 5 Italy | 7.11 | 2023 | +2.4% | +3.5% | View data |
| 6 | 6 Sweden | 7.08 | 2023 | +5.12% | +2.39% | View data |
| 7 | 7 Poland | 4.92 | 2023 | +3.42% | +3.84% | View data |
| 8 | 8 Netherlands | 4.87 | 2023 | +4.18% | +10.12% | View data |
| 9 | 9 Belgium | 4.12 | 2023 | +5.66% | +12.56% | View data |
| 10 | 10 Finland | 2.99 | 2023 | +6.62% | +11.09% | View data |
