Germany leads European countries in renewables and biofuels consumption in 2023, followed by France and Italy. Fastest growth in 2023 was noted in Luxembourg, Netherlands, and Malta. Countries like Iceland, Bosnia and Herzegovina, Albania, Moldova, and Montenegro experienced slight contractions or negligible growth. Medium-sized economies such as Poland and Austria showed steady gains, while Scandinavian countries, despite high per capita consumption, reflected modest growth rates.
Looking ahead, the focus will likely shift towards countries like the Netherlands and Malta, due to rapid growth, along with continued investment in decarbonization and increased implementation of green policies to meet climate goals. Monitoring technological advancements and policy changes across Europe will be critical in assessing future trends in the renewables and biofuels sector.
Top countries in Renewables and Biofuels Gross Inland Consumption by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 564,660 | 2023 | +1.9% | +2.22% | View data |
| 2 | 2 France | 371,950 | 2023 | +2.97% | +2.78% | View data |
| 3 | 3 Italy | 362,760 | 2023 | +2.13% | +1.27% | View data |
| 4 | 4 United Kingdom | 301,680 | 2023 | +4.19% | +5.09% | View data |
| 5 | 5 Sweden | 285,240 | 2023 | +2.19% | +3.95% | View data |
| 6 | 6 Spain | 249,330 | 2023 | +2.68% | +3.37% | View data |
| 7 | 7 Norway | 184,320 | 2023 | +1.55% | +1.57% | View data |
| 8 | 8 Finland | 163,080 | 2023 | +3.38% | +3.07% | View data |
| 9 | 9 Poland | 157,110 | 2023 | +1.6% | +1.92% | View data |
| 10 | 10 Austria | 126,590 | 2023 | +0.87% | +1.69% | View data |
