Renewable Energy – New Zealand crowned the country with 7th highest supply of renewable energy

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Source: Utility Bidder
A new study has revealed that 41.02% of New Zealand’s energy supply comes from renewable sources – 7th most of any OECD country!

As part of a new study into renewable energy across OECD countries, the team at Utility Bidder have revealed the countries with the highest (& lowest) supply of renewable energy, as well as the locations with the biggest increase in renewable energy supply, and the energy products with the highest percentage of worldwide energy consumption.

You can view the full research here – https://www.utilitybidder.co.uk/blog/powering-the-world-2023/

Countries with the highest supply of renewable energy 

Rank

Country

Total Renewable Energy Supply (PJ)

Total Overall Energy Supply (PJ)

% of Renewable Energy Supply

1

Iceland

221

247

89.47%

2

Norway

625

1150

54.35%

3

Costa Rica

108

200

54.00%

4

Sweden

960

1877

51.15%

5

Latvia

78

179

43.58%

6

Denmark

264

638

41.38%

7

New Zealand

338

824

41.02%

8

Finland

492

1329

37.02%

9

Austria

451

1320

34.17%

10

Estonia

56

187

29.95%

Further findings from the study:

Oil products make up over 44% of the total energy consumption worldwide – more than any other product. This is followed by electricity (23.01%) and natural gas (21.36%).

Renewable energy sources made up 41.38% of Denmark’s energy supply in 2020, as compared with 21.99% in 2010 – the biggest change of any OECD country.

With only 3.36% of its total energy supply coming from renewable sources, Korea is the country with the lowest supply of renewable energy.

You can review the research by clicking here:  https://www.utilitybidder.co.uk/blog/powering-the-world-2023/

MIL OSI

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