The European renewables and biofuels energy supply sector shows varied performance across countries. Germany leads with a supply of 2.0328 million terajoules, followed by France and Italy. The United Kingdom, Sweden, and Spain also contribute significantly. Noteworthy growth was observed in the Netherlands at 17.39%, Belgium at 6.16%, and Serbia at 7.43% in 2023. Iceland and some Balkan countries such as Bosnia and Herzegovina, Macedonia, and Montenegro saw declines or negligible growth. Over the past five years, the sector generally demonstrated a positive trend, with a few exceptions reflecting geopolitical and economic factors.
Future trends to watch include:
- Technological advancements driving increased efficiency and capacity.
- Policies promoting green energy and shifting away from fossil fuels.
- Investments in infrastructure for better integration of renewable sources.
- Potential volatility due to political and economic uncertainties impacting energy policies and investments.
Top countries in Renewables and Biofuels Energy Supply by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,032,800 | 2023 | +1.9% | +2.22% | View data |
| 2 | 2 France | 1,339,000 | 2023 | +2.97% | +2.78% | View data |
| 3 | 3 Italy | 1,305,900 | 2023 | +2.13% | +1.27% | View data |
| 4 | 4 United Kingdom | 1,086,000 | 2023 | +4.19% | +5.09% | View data |
| 5 | 5 Sweden | 1,026,900 | 2023 | +2.19% | +3.95% | View data |
| 6 | 6 Spain | 897,580 | 2023 | +2.68% | +3.37% | View data |
| 7 | 7 Norway | 663,550 | 2023 | +1.55% | +1.57% | View data |
| 8 | 8 Finland | 587,100 | 2023 | +3.38% | +3.07% | View data |
| 9 | 9 Poland | 565,600 | 2023 | +1.6% | +1.92% | View data |
| 10 | 10 Austria | 455,720 | 2023 | +0.87% | +1.69% | View data |
