유럽의 재생에너지 시장 : 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the Europe renewable energy market size in terms of installed base is expected to grow from 1.11 Terawatt in 2025 to 1.20 Terawatt in 2026 and is forecast to reach 1.81 Terawatt by 2031 at 8.51% CAGR over 2026-2031.

This report is Segmented by Technology (Solar Energy, Wind Energy, Hydropower, Bioenergy, Geothermal, and Ocean Energy), End-User (Utilities, Commercial and Industrial, and Residential), and Geography (Germany, United Kingdom, Spain, France, Italy, Netherlands, Denmark, Sweden, and Rest of Europe). The Market Sizes and Forecasts are Provided in Terms of Installed Capacity (GW).

Europe Renewable Energy Market Trends and Insights

Fit-for-55 & REPowerEU 45% Target

The REPowerEU plan elevates the 2030 renewables target to 45% of final energy, with Germany pledging 80% renewable electricity and the Netherlands aiming for 21 GW offshore wind by 2030. Fast-track permitting in designated "go-to" areas cuts average lead times below two years and trims WACC by 50-100 bps, yet reaching the headline goal still hinges on synchronous grid reinforcement.

Rapid Solar and Onshore-Wind LCOE Decline

Utility-scale solar in Southern Europe achieved EUR 25-30 per MWh in 2025 after bifacial-module and tracker gains, while high-resource onshore-wind sites reached EUR 30-35 per MWh, enabling subsidy-free auctions in Spain and merchant builds in Italy. Investor appetite is shifting toward merchant projects that exploit intraday volatility, even as narrower margins accelerate developer consolidation.

Grid Congestion & Interconnection Bottlenecks

Curtailment erased 8 TWh of wind and solar output in 2025, costing EUR 800 million in unrealized revenue. Limited capacity from Spain into France and from Nordic hubs into Central Europe suppresses merchant capture rates, driving co-located battery deployment despite 10-15% higher capex.

Other drivers and restraints analyzed in the detailed report include:

1. Rising EU-ETS Carbon Price
2. Offshore-Wind Build-Out Strategies
3. Retroactive Policy Shifts

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Solar held 38.24% of Europe's renewable energy market share in 2025, reflecting broad rooftop adoption and utility builds across Iberia. Ocean energy is on track for a 31.83% CAGR to 2031, buoyed by Scotland's commercial tidal arrays and Portugal's wave pilots.

Utility-grade solar remains the volume anchor of the European renewable energy market, yet developers increasingly hybridize with batteries to smooth intraday volatility and satisfy green-hydrogen offtake contracts. Offshore wind, now standardizing 15-18 MW machines, contributes growing baseload hours at 50-55% capacity factors. Pumped-storage hydro, 12-14% of capacity, is being uprated for six-plus-hour storage duty. Bioenergy and geothermal preserve niche roles but supply key flexibility in Nordic and volcanic belts.

Complete Report Scope:

• By Technology
  • Solar Energy (PV and CSP)
  • Wind Energy (Onshore and Offshore)
  • Hydropower (Small, Large, PSH)
  • Bioenergy
  • Geothermal
  • Ocean Energy (Tidal and Wave)
• By End-User
  • Utilities
  • Commercial and Industrial
  • Residential
• By Geography
  • Germany
  • United Kingdom
  • Spain
  • France
  • Italy
  • Netherlands
  • Denmark
  • Sweden
  • Rest of Europe

List of Companies Covered in this Report:

1. Enel Green Power S.p.A.
2. Iberdrola Renovables S.A.
3. Orsted A/S
4. RWE Renewables GmbH
5. EDF Renewables
6. Engie SA (Renewables)
7. Acciona Energia S.A.
8. Statkraft AS
9. EDP Renovaveis S.A.
10. Vattenfall AB (Renewables)
11. Vestas Wind Systems A/S
12. Siemens Gamesa Renewable Energy S.A.
13. Nordex SE
14. Hanwha Q Cells GmbH
15. TotalEnergies Renewables
16. Repsol Renovables
17. ContourGlobal PLC
18. Abengoa SA
19. Andritz AG
20. BayWa r.e. AG

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 EU "Fit-for-55" & REPowerEU 45 % target by 2030
  • 4.2.2 Rapid LCOE decline in solar & onshore wind
  • 4.2.3 Rising EU-ETS carbon price tilting merit-order
  • 4.2.4 Offshore-wind build-out backed by EU strategies
  • 4.2.5 Corporate PPAs from data-centre & heavy-industry clusters
  • 4.2.6 Green-hydrogen quotas anchoring new RES capacity
• 4.3 Market Restraints
  • 4.3.1 Grid congestion & interconnection bottlenecks
  • 4.3.2 Retroactive policy shifts & tariff claw-backs
  • 4.3.3 Price-inflated supply chains (transformers, subsea cables)
  • 4.3.4 Local opposition/biodiversity litigation delays
• 4.4 Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces
  • 4.7.1 Bargaining Power of Suppliers
  • 4.7.2 Bargaining Power of Buyers
  • 4.7.3 Threat of New Entrants
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Competitive Rivalry

5 Market Size & Growth Forecasts

• 5.1 By Technology
  • 5.1.1 Solar Energy (PV and CSP)
  • 5.1.2 Wind Energy (Onshore and Offshore)
  • 5.1.3 Hydropower (Small, Large, PSH)
  • 5.1.4 Bioenergy
  • 5.1.5 Geothermal
  • 5.1.6 Ocean Energy (Tidal and Wave)
• 5.2 By End-User
  • 5.2.1 Utilities
  • 5.2.2 Commercial and Industrial
  • 5.2.3 Residential
• 5.3 By Geography
  • 5.3.1 Germany
  • 5.3.2 United Kingdom
  • 5.3.3 Spain
  • 5.3.4 France
  • 5.3.5 Italy
  • 5.3.6 Netherlands
  • 5.3.7 Denmark
  • 5.3.8 Sweden
  • 5.3.9 Rest of Europe

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves (M&A, JVs, Funding, PPAs)
• 6.3 Market Share Analysis (Market Rank/Share for key companies)
• 6.4 Company Profiles (includes Global-level Overview, Market-level Overview, Core Segments, Financials, Strategic Information, Products & Services, Recent Developments)
  • 6.4.1 Enel Green Power S.p.A.
  • 6.4.2 Iberdrola Renovables S.A.
  • 6.4.3 Orsted A/S
  • 6.4.4 RWE Renewables GmbH
  • 6.4.5 EDF Renewables
  • 6.4.6 Engie SA (Renewables)
  • 6.4.7 Acciona Energia S.A.
  • 6.4.8 Statkraft AS
  • 6.4.9 EDP Renovaveis S.A.
  • 6.4.10 Vattenfall AB (Renewables)
  • 6.4.11 Vestas Wind Systems A/S
  • 6.4.12 Siemens Gamesa Renewable Energy S.A.
  • 6.4.13 Nordex SE
  • 6.4.14 Hanwha Q Cells GmbH
  • 6.4.15 TotalEnergies Renewables
  • 6.4.16 Repsol Renovables
  • 6.4.17 ContourGlobal PLC
  • 6.4.18 Abengoa SA
  • 6.4.19 Andritz AG
  • 6.4.20 BayWa r.e. AG

7 Market Opportunities & Future Outlook

• 7.1 White-space & Unmet-Need Assessment