In 2023, Iceland and Italy led European countries in final consumption of renewables and biofuels in the fishing sector, with significant amounts recorded. Iceland showed a substantial year-on-year growth of over 23%, indicating strong momentum in sustainable energy usage. The Czech Republic experienced the highest year-on-year increase at about 62%, albeit from a lower base, reflecting an ongoing shift toward renewables. In contrast, countries like Hungary and Greece saw reductions in consumption by around 10% and 8% respectively. Overall, renewable energy consumption in this sector is gradually expanding across various nations.
Future trends to watch include continued growth in renewable energy integration, driven by escalating environmental concerns and policy initiatives aiming for carbon neutrality. Key markets such as Iceland may explore innovations in biofuels, potentially influencing sector dynamics across Europe. Additionally, investment in technology for energy efficiency in fisheries could become a focal point, especially in countries witnessing increased adoption.
Top countries in Renewables and Biofuels Final Consumption in Fishing Sector Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 37.81 | 2023 | +1.64% | +23.33% | View data |
| 2 | 2 Italy | 35.74 | 2023 | +5.9% | +1% | View data |
| 3 | 3 France | 8.85 | 2023 | +2.83% | +1.19% | View data |
| 4 | 4 Spain | 7.9 | 2023 | +35.68% | +4.24% | View data |
| 5 | 5 Sweden | 7.83 | 2023 | +18.97% | +0.43% | View data |
| 6 | 6 Portugal | 1.06 | 2023 | +2.08% | +9.06% | View data |
| 7 | 7 Czech Republic | 0.45 | 2023 | +29.5% | +61.75% | View data |
| 8 | 8 Finland | 0.13 | 2023 | +4.24% | View data | |
| 9 | 9 Latvia | 0.11 | 2023 | +0.08% | +4.58% | View data |
| 10 | 10 Malta | 0.062 | 2023 | +4.22% | View data |
