Share of renewables in transport increases in EU, remains at same levels in Cyprus

07:48 - 11 February 2025

Economy Reporter

The share of renewable energy sources used in transport in the EU increased in 2023 compared to 2022, while remaining essentially unchanging in Cyprus, according to data released by Eurostat.

In 2023, the share of renewable energy sources in transport reached 10.8% at EU level, a 1.2 percentage points increase from 2022 (9.6%).

Meanwhile in Cyprus, there was an insignificant increase from 7.2% in 2022 to 7.3% in 2023. For several years the share in Cyprus stood at around 2.6%, before increasing to 3.3% in 2019, and increasing again to 7.4% in 2020, before dropping to 7.2% in 2021.

The EU’s share was 18.2 percentage points lower than the 29% target for 2030 on the use of energy from renewable sources in transport. This means that to meet this target, the share would have to increase on average by 2.6 pp between 2024 and 2030. Eurostat points out that the actual average annual increase registered over the years 2014 to 2023 was 0.43 pp.

Sweden was the EU country with the highest share of renewables in transport and the only country already having achieved the 2030 target (33.7%). Ranking second was Finland (20.7%), followed by the Netherlands (13.4%) and Austria (13.2%). By contrast, the lowest shares were registered in Croatia (0.9%), Latvia (1.4%), and Greece (3.9%).

The largest increases in the use of energy from renewables in transport between 2022 and 2023 were recorded in Sweden (+4.9 pp), Austria and Portugal (both +2.5 pp), while the largest decreases were registered in Latvia (-1.7 pp), Croatia (-1.5 pp) and Romania (-0.9 pp).

(Source: CNA)

Share of renewables in transport increases in EU, remains at same levels in Cyprus

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