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/