In 2023, Sweden led in European Renewable and Biofuels Gross Heat Production with 44.28 thousand gigawatthours, showing a modest growth of 1.95%. Notably, Malta, Serbia, and Luxembourg had significant year-on-year increases of 42.47%, 41.02%, and 29.94% respectively, while countries like Bulgaria (17.85%) showed strong potential. In contrast, Italy, Moldova, and Cyprus faced minor declines. France, Germany, and other key players displayed steady growth. Future trends highlight a focus on increased investment in renewable technologies across Europe, with expected leadership shifts as countries like the Netherlands and Poland continue rapid growth in biofuels and renewables sector.
Top countries in Renewables and Biofuels Gross Heat Production by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 44,280 | 2023 | +1.76% | +1.95% | View data |
| 2 | 2 Denmark | 28,590 | 2023 | +5.29% | +5.88% | View data |
| 3 | 3 Finland | 27,610 | 2023 | +2.41% | +4.71% | View data |
| 4 | 4 France | 24,830 | 2023 | +4.43% | +4.63% | View data |
| 5 | 5 Germany | 22,820 | 2023 | +2.2% | +1.34% | View data |
| 6 | 6 Austria | 15,170 | 2023 | +6.76% | +5.85% | View data |
| 7 | 7 Iceland | 10,850 | 2023 | +3.32% | +3.54% | View data |
| 8 | 8 Italy | 10,730 | 2023 | +2.13% | -0.61% | View data |
| 9 | 9 Ukraine | 9,270 | 2023 | +0.34% | +0.84% | View data |
| 10 | 10 Netherlands | 8,340 | 2023 | +10.15% | +16.34% | View data |
