In 2024, Austria leads European solar thermal final consumption in commercial and public services, followed by Spain and Portugal. While Austria displays modest annual growth, Spain shows a slight decline from the previous year. Notably, the UK and Croatia experienced significant growth, with strong year-on-year increases. Conversely, countries like Poland and the Netherlands observed a decrease. Over the past five years, the compounded annual growth rate (CAGR) signifies diverse trajectories, with some smaller markets like Bulgaria and Slovakia displaying potential for rapid expansion.
Future trends to watch include potential growth in underdeveloped solar markets due to advancing technologies and supportive policies. Increased investments in solar infrastructure could drive higher adoption rates, especially in Eastern Europe and regions with emerging solar capabilities.
Top countries in Solar Thermal Final Consumption in Commercial and Public Services by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 67.68 | 2023 | +2.65% | +0.43% | View data |
| 2 | 2 Spain | 47.22 | 2023 | -1.14% | -0.81% | View data |
| 3 | 3 Portugal | 45.01 | 2023 | +3.11% | +3.98% | View data |
| 4 | 4 Italy | 44.1 | 2023 | -0.2% | +0.19% | View data |
| 5 | 5 Germany | 31.45 | 2023 | +1.91% | -0.27% | View data |
| 6 | 6 United Kingdom | 22.56 | 2023 | +5.81% | +6.12% | View data |
| 7 | 7 Bulgaria | 18.25 | 2023 | +3.8% | +4.77% | View data |
| 8 | 8 France | 14.65 | 2023 | +1.2% | +2.17% | View data |
| 9 | 9 Cyprus | 11.95 | 2023 | +2.84% | +2.15% | View data |
| 10 | 10 Greece | 11.59 | 2023 | +2.21% | +2.5% | View data |
