Germany leads European renewables and biofuels electricity production with a 16.87% share, displaying a steady growth trend of 2.47% year-on-year. Norway (9.96%) and the United Kingdom (9.53%) follow, with the UK seeing a significant 5.29% growth. France and Spain also show considerable shares of 8.88% and 8.42% respectively. Noteworthy growths include the Netherlands with a remarkable 24.3% increase and Hungary with a 19.15% spike.
Future trends to watch include the rapid acceleration in the Netherlands and emerging growth in Eastern European countries like Poland and Hungary. Significant growth rates in smaller markets like Cyprus also indicate a promising expansion in diverse regions. Continued technological advancements and supportive policies will likely drive Europe's renewable energy landscape further.
Top countries in Renewables and Biofuels Gross Electricity Production Share by Country (Gigawatthours)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 16.87 | 2023 | +1.04% | +2.47% | View data |
2 | 2 Norway | 9.96 | 2023 | +1.15% | +1.14% | View data |
3 | 3 United Kingdom | 9.53 | 2023 | +4.38% | +5.29% | View data |
4 | 4 France | 8.88 | 2023 | +2.9% | +2.66% | View data |
5 | 5 Spain | 8.42 | 2023 | +2.23% | +3.89% | View data |
6 | 6 Italy | 7.96 | 2023 | +1.73% | +1.1% | View data |
7 | 7 Sweden | 7.34 | 2023 | +2.48% | +4.24% | View data |
8 | 8 Austria | 3.73 | 2023 | +1.02% | +1.22% | View data |
9 | 9 Netherlands | 3.67 | 2023 | +16.07% | +24.3% | View data |
10 | 10 Finland | 2.54 | 2023 | +3.63% | +3.82% | View data |