In 2023, Italy leads in the final consumption of renewables and biofuels in the European commercial and public services sector, followed closely by Germany, with notable increases in both countries. The United Kingdom, France, and Spain show robust growth, particularly Spain with a double-digit rise. Smaller countries like Bosnia and Herzegovina experienced significant growth, while Sweden saw a decrease. Year-on-year variations illustrate dynamic sector activity with overall positive trends, apart from Sweden, Denmark, Kosovo, Slovenia, Macedonia, and Iceland, which experienced slight declines.
Future trends to watch include increased investments in renewables across Europe, particularly inspired by the European Green Deal initiatives. A focus on technological innovation, policy support, and infrastructure development will be vital. Countries with emerging markets like Bosnia and Herzegovina are expected to maintain rapid growth, whereas established markets like Sweden and Denmark may seek stabilization and efficiency improvements.
Top countries in Commercial and Public Services Final Consumption of Renewables and Biofuels Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 21.25 | 2023 | +2.26% | +0.25% | View data |
| 2 | 2 Germany | 18.52 | 2023 | +2.36% | +2.55% | View data |
| 3 | 3 United Kingdom | 11.34 | 2023 | +5.01% | +5.2% | View data |
| 4 | 4 France | 8.53 | 2023 | +3.54% | +4.46% | View data |
| 5 | 5 Spain | 7.79 | 2023 | +7.98% | +10.55% | View data |
| 6 | 6 Portugal | 4.55 | 2023 | +2.87% | +3.67% | View data |
| 7 | 7 Greece | 3.42 | 2023 | +7.47% | +8.18% | View data |
| 8 | 8 Netherlands | 3.17 | 2023 | +5.74% | +7.25% | View data |
| 9 | 9 Austria | 2.94 | 2023 | +9.38% | +4.06% | View data |
| 10 | 10 Bulgaria | 2.63 | 2023 | +5.73% | +6.95% | View data |
