In 2023, Germany led the European renewables and biofuels market with a share of 15.01 thousand tonnes of oil equivalent, marking a 2.24% year-on-year increase. France, Italy, and the United Kingdom followed with shares of 9.86, 9.62, and 8.01, respectively. Notably, the Netherlands experienced the highest year-on-year growth of 17.52%, attributed to substantial investments in renewable energy infrastructure.
Other countries like Slovakia (9.65%), Luxembourg (10.25%), and Malta (7.84%) also recorded significant increases. Conversely, Iceland (-0.55%), Albania (-3.29%), and Moldova (-3.11%) saw declines, reflecting possible economic or policy challenges.
Future trends to watch include the impact of evolving EU policies on renewable energy targets, advancements in biofuel technologies, and the role of emerging markets in contributing to Europe's overall renewable energy mix. Special attention should be paid to the developments in the Netherlands and existing challenges in underperforming countries.
Top countries in Renewables and Biofuels Gross Available Energy Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 15.01 | 2023 | +1.86% | +2.24% | View data |
| 2 | 2 France | 9.86 | 2023 | +2.93% | +2.77% | View data |
| 3 | 3 Italy | 9.62 | 2023 | +2.06% | +1.24% | View data |
| 4 | 4 United Kingdom | 8.01 | 2023 | +4.19% | +5.09% | View data |
| 5 | 5 Sweden | 7.57 | 2023 | +2.19% | +3.95% | View data |
| 6 | 6 Spain | 6.61 | 2023 | +2.65% | +3.33% | View data |
| 7 | 7 Norway | 4.89 | 2023 | +1.55% | +1.57% | View data |
| 8 | 8 Finland | 4.33 | 2023 | +3.38% | +3.07% | View data |
| 9 | 9 Poland | 4.17 | 2023 | +2.15% | +2.15% | View data |
| 10 | 10 Austria | 3.4 | 2023 | +1.36% | +1.89% | View data |
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