Renewable energy in the EU: Share of renewables in energy consumption in the EU reached 17% in 2016

January 25, 2018

The statistical office of Europe (Eurostat) on 25 Jan 2018 has reported that eleven member state has already achieved their 20/20 target, regarding the  portion of their energy consumption that derives from renewables. For 2016, the portion of energy consumption that was sourced from renewable alternative reached 17% of gross final consumption in the European Union (EU).  This represent a 100% increase from 2004s (8.5%). The EU’s target is to obtain 20% of energy in gross final consumption of energy from renewable sources by 20/20 and at least 27% by 2030. Each individual country has their own target.

The share of renewable sources in gross final consumption of energy grew significantly in all Member States compared with 2015. A breakdown of the figures by country reveals that Sweden had by far the highest share in 2016 (53.8%), ahead of Finland (38.7%), Latvia (37.2%), Austria (33.5%) and Denmark (32.2%). At the other end of the spectrum, the lowest proportions of renewables were registered in Luxembourg (5.4%), Malta and the Netherlands (both 6.0%).

The chart below shows member states and the portion of their energy consumption that comes from renewable.

More Stories from the Market
MIL
December 16, 2025 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for December 12, 2025, was J$8.17. MJE’…
MIL
December 16, 2025 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for December 11, 2025, was J$8.20. MJE’…
shutterstock_148562033
December 16, 2025   IronRock Insurance Company Limited (ROC) has advised that a connected party purchased 989,548 ROC shares on December 15…
shutterstock_148562033
December 16, 2025   Wisynco Group Limited (WISYNCO) has advised that 519,629 WISYNCO shares were purchased by eligible employees of the Com…
shutterstock_453968572
December 16, 2025   Sagicor Group Jamaica Limited (SJ) has advised that the Company has entered into an agreement with Sagicor Financial Co…
shutterstock_453968572
December 16, 2025   Scotia Group Jamaica Limited (SGJ) has advised of the resignation of Gary-Vaughn White, Snr.  Vice President, Collatera…
shutterstock_537598660
December 16, 2025 Weekly Pick 12.16.2025 GK Disclaimer: Analyst Certification – The views expressed in this research report accurately re…
shutterstock_316932977-700x441
December 16, 2025 The Statistical Institute of Jamaica (STATIN) reported that as of November 2025, the point-to-point inflation rate was +4.4%; 1.5…