The European gross heat production from solar thermal energy presents diverse growth trends by country in 2023. Denmark leads significantly with a value of 965.95 GWh, showing a robust year-on-year increase of 10.02%. Germany and Italy display encouraging growth rates of 12.07% and 14.21%, respectively, despite smaller production volumes. Latvia remains steady with no change. Meanwhile, Austria and Slovakia exhibit a downward trend, with Austria experiencing a slight decline of 0.72% and Slovakia rising negligibly by 1.09%. Luxembourg, although minimal in volume, shows a positive variation of 4.32%. The compound annual growth rate over the past five years could indicate either rising adoption in certain countries or plateauing in others.
Future trends to monitor include advancements in solar thermal technologies, policy changes impacting renewable energy investment, and the economic viability of large-scale solar installations, particularly in countries with lower current outputs. Cross-country collaborations and EU policies favoring sustainable energy could also drive growth and diversification of energy sources.
Top countries in Gross Heat Production from Solar Thermal by Country
| # | 7 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 965.95 | 2023 | +8.47% | +10.02% | View data |
| 2 | 2 Latvia | 41.81 | 2023 | +32.21% | View data | |
| 3 | 3 Austria | 25.02 | 2023 | -0.27% | -0.72% | View data |
| 4 | 4 Germany | 3.93 | 2023 | +2.77% | +12.07% | View data |
| 5 | 5 Italy | 3.17 | 2023 | +12.12% | +14.21% | View data |
| 6 | 6 Slovakia | 0.59 | 2023 | +2.98% | +1.09% | View data |
| 7 | 7 Luxembourg | 0.021 | 2023 | +5% | +4.32% | View data |