Renewables account for 24.5% of EU energy use in 2023

Dec 27, 2024

In 2023, 24.5% of gross final energy consumption in the EU came from renewable sources, up by 1.4 percentage points compared with 2022. This share is 18 percentage points (pp) short of meeting the 2030 target (42.5%), which would require an annual average increase of 2.6 pp from 2024 to 2030.

 

Sweden ranked first among EU countries, with two-thirds (66.4%) of its gross final energy consumption coming from renewable sources in 2023. Sweden primarily relied on solid biofuels, hydro and wind. Finland followed with 50.8%, also relying on solid biofuels, wind and hydro, while Denmark came in third with 44.9%, with most of its renewable energy sourced from solid biofuels and wind. 

 

The lowest shares of renewables were recorded in Luxembourg (11.6%), Belgium (14.7%) and Malta (15.1%).  

 

Share of energy from renewable sources in 2023, %. Chart. See link to full dataset below.

Source dataset: nrg_ind_ren

 

This information comes from data on energy from renewable sources published recently by Eurostat. The article presents a handful of findings from the more detailed Statistics Explained article on renewable energy.

Latest

Azerbaijan, Latvia explore prospects for tax cooperation

News

Orkhan Nazarli, Head of the State Tax Service under Azerbaijan’s Ministry of Economy, President of the Intra-European Organisation of Tax Administrations (IOTA), held a virtual meeting with Baiba Šmite-Roķe, Director General of the State Revenue Service of Latvia.

IFC issues manat bonds to boost Azerbaijan’s climate and social projects

News

The International Finance Corporation (IFC), a key member of the World Bank Group, has issued bonds denominated in Azerbaijani manat (AZN) to expand access to loans for small, micro, and medium enterprises in Azerbaijan.

Renewables account for 24.5% of EU energy use in 2023

News

In 2023, 24.5% of gross final energy consumption in the EU came from renewable sources, up by 1.4 percentage points compared with 2022.

Azerbaijan to digitise public administration with €43 million loan from EIB Global

News

The European Investment Bank’s global arm (EIB Global) has signed a €43 million loan agreement to develop a digital infrastructure for governmental services.

"Green Future" knowledge competition

News

If you are ready to transform your green ideas into powerful and tangible solutions, join the European Union's "Green Future" knowledge competition!

EBRD invests in Azerbaijan’s solar power expansion at COP29

News

The European Bank for Reconstruction and Development (EBRD) has unveiled a significant investment in Azerbaijan's renewable energy sector during COP29 in Baku, Trend reports.

EBRD, EU and Bank Respublika to support Azerbaijani MSMEs

News

The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to US$ 7.5 million (€7 million) in local currency to Bank Respublika, one of Azerbaijan’s leading commercial banks.

Boosting Green: Polish-Azerbaijani Business Forum in Baku

News

On November 18, 2024, the Boosting Green: Polish-Azerbaijani Business Forum took place in Baku, organized by the Ministry of Climate and Environment of the Republic of Poland and the Polish Embassy in Baku as a side event of the COP29 climate summit held in the capital of Azerbaijan.

European Union at COP29

News

Join us on the ground at the EU Pavilion and discover how the European Union is leading the way to a sustainable future!

The European Union-Türkiye Azerbaijan Investment Meet, 2024

News

The event is titled the European Union-Türkiye Azerbaijan Investment Meet, 2024 and will take place at the Lankaran Springs Hotel in Lankaran, Azerbaijan, on October 30-31, 2024. 

"NORDIC TALKS" Initiative Ahead of COP29 in Baku

News

Nordic Embassies Launch the "NORDIC TALKS" Initiative Ahead of COP29 in Baku

EU4Digital selects Eastern partner clusters for ESCA benchmarking and quality labelling

News

EU4Digital Facility is pleased to announce that five innovation cluster management organisations from Eastern partner countries have been chosen to receive support to participate in the European Secretariat for Cluster Analysis (ESCA) benchmarking and quality labelling process.