The European Solar Thermal Energy Supply in 2023 highlights Spain as the leading country, contributing significantly more than others. Spain's growth rate is 4.3%, while Germany, despite its size, saw a slight decrease at -0.13%. Noteworthy growth is observed in countries like Poland at 11.75% and Romania at 11.24%, indicating potential emerging markets. In contrast, Austria and Denmark experienced slight declines. Overall, a diverse performance signifies varied national approaches and market maturity levels across Europe.
Looking forward, expect continued investment in solar thermal energy driven by technology advancements and policy support. Germany, despite its current dip, is likely to strengthen its position, while Spain is expected to maintain its leadership. Emerging markets in Eastern Europe might see more significant expansions as they transition towards sustainable energy solutions. Monitoring policy changes and technological innovations will be crucial for projections in this sector.
Top countries in Solar Thermal Energy Supply by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 2,730 | 2023 | +5.63% | +4.3% | View data |
| 2 | 2 Germany | 758.22 | 2023 | +0.28% | -0.13% | View data |
| 3 | 3 Greece | 318.6 | 2023 | +2.35% | +2.82% | View data |
| 4 | 4 Italy | 263.03 | 2023 | +3.18% | +3.77% | View data |
| 5 | 5 France | 213.14 | 2023 | +2.6% | +3.31% | View data |
| 6 | 6 Austria | 174.48 | 2023 | -0.77% | -0.73% | View data |
| 7 | 7 Portugal | 113.74 | 2023 | +3.59% | +3.8% | View data |
| 8 | 8 Poland | 99.2 | 2023 | +7.58% | +11.75% | View data |
| 9 | 9 Cyprus | 78.41 | 2023 | +1.74% | +1.71% | View data |
| 10 | 10 Denmark | 63.55 | 2023 | -5.21% | -0.74% | View data |
