In 2023, Norway led European renewables and biofuels final consumption within the chemical and petrochemical sectors, with France, Germany, and the UK following. The year-on-year variation points to significant growth in Norway and Serbia, with Sweden and Ukraine also seeing notable increases. France and the UK showed positive trends, whereas Austria, Italy, Portugal, and the Netherlands experienced declines. Noteworthy is Macedonia's exceptional growth, contrasting with Greece's decline.
Future trends to watch include continued investments in sustainable energy, boosting consumption. Enhanced innovations in biofuels and renewables may drive further growth, with potential contributions from newer policies and cross-country collaborations.
Top countries in Renewables and Biofuels Final Consumption in Chemical and Petrochemical Sectors Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 26.33 | 2023 | +9.54% | +29.6% | View data |
| 2 | 2 France | 17.66 | 2023 | +3.23% | +10.45% | View data |
| 3 | 3 Germany | 12.38 | 2023 | +2.53% | +3.69% | View data |
| 4 | 4 United Kingdom | 10.04 | 2023 | +6.35% | +12.28% | View data |
| 5 | 5 Austria | 7.15 | 2023 | +4.32% | -1.42% | View data |
| 6 | 6 Sweden | 5.93 | 2023 | -0.035% | +24.51% | View data |
| 7 | 7 Slovenia | 3 | 2023 | +2.83% | +2.79% | View data |
| 8 | 8 Serbia | 2.99 | 2023 | +23% | +29.49% | View data |
| 9 | 9 Denmark | 2.66 | 2023 | +13.36% | +19.89% | View data |
| 10 | 10 Lithuania | 2.24 | 2023 | +2.79% | +2.44% | View data |
