Analysis of the European Share of Renewables and Biofuels in All Energy Sectors Final Consumption by country in 2023 shows Latvia leading with 52.05%, followed by Sweden and Finland at 42.88% and 38.9% respectively. Cyprus, Portugal, and Austria also have significant share values over 16%. Countries such as Bosnia and Herzegovina, Netherlands, Moldova, Iceland, and Ukraine report much lower shares, with values below 2%. These figures are reflective of 2024 forecasts where Latvia maintains a substantial lead.
Future trends to watch include technological advancements in renewable energy projects and policy integration throughout Europe that could shift share values. Particular emphasis will be towards increasing cross-border renewable energy grid connections and improving energy storage solutions. Watch for emerging market trends influenced by regulatory frameworks aiming for Net Zero targets across the EU. Continued innovation in biofuels could also influence share proportions in lower-ranking countries.
Top countries in Share of Renewables and Biofuels in All Energy Sectors Final Consumption by Country
| # | 10 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Latvia | 52.05 | 2023 | View data |
| 2 | 2 Sweden | 42.88 | 2023 | View data |
| 3 | 3 Finland | 38.9 | 2023 | View data |
| 4 | 4 Cyprus | 23.06 | 2023 | View data |
| 5 | 5 Portugal | 22.26 | 2023 | View data |
| 6 | 6 Austria | 16.56 | 2023 | View data |
| 7 | 7 Lithuania | 12.6 | 2023 | View data |
| 8 | 8 Slovakia | 12.06 | 2023 | View data |
| 9 | 9 Poland | 11.8 | 2023 | View data |
| 10 | 10 Spain | 9.99 | 2023 | View data |
