HomeEverything
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
← All Stories

EU electricity from renewables hits 46% as Denmark, Portugal lead

Created at 2 Jul · 8:10 AM1 source↑ Market-relevant
IN SHORT

The EU generated 45.5% of its electricity from renewables in Q1 2026, up from 42.7% a year prior. Denmark, Portugal, and Lithuania lead with the highest shares, driven by wind and hydropower. This shift is reducing energy bills and fossil fuel imports.

✉Newsletter

PiQ Daily

Pick your topics. Get only what matters, on your cadence.

Key Numbers

45.5%EU share of electricity from renewables in Q1 2026
42.7%EU share of electricity from renewables in Q1 2025
44.9%Share of renewable electricity from wind
28%Share of renewable electricity from hydropower
17.3%Share of renewable electricity from solar
90%Denmark's renewable electricity share
82.9%Portugal's renewable electricity share
75.7%Lithuania's renewable electricity share
12.7%Czechia's renewable electricity share
13%Malta's renewable electricity share
17.2%Slovakia's renewable electricity share
€51.4 billionEU savings from reduced fossil fuel imports in 2025
€8.5 billionProjected consumer savings on energy bills this year
€700 millionIncrease in French and German energy bills in one week during heatwave

Who's Involved

Eurostat
Provider of new data on EU renewable energy share
Denmark
Leads EU with 90% renewable electricity share
Portugal
Second in EU with 82.9% renewable electricity share
Lithuania
Third in EU with 75.7% renewable electricity share
Czechia
Lowest share of renewable electricity at 12.7%
Malta
Second lowest share of renewable electricity at 13%
Slovakia
Third lowest share of renewable electricity at 17.2%
International Energy Agency (IEA)
Reported EU savings from reduced fossil fuel imports
Centre for Research on Energy and Clean Air (CREA)
Reported projected consumer savings on energy bills
350.org
Environmental NGO providing analysis on energy bills during heatwave
EU electricity from renewables hits 46% as Denmark, Portugal lead

↳ Why This Matters

The EU's increasing reliance on renewable energy is crucial for its energy security, reducing exposure to volatile fossil fuel markets, and lowering consumer energy bills, while also contributing to climate goals.

Key facts

  • EU electricity from renewables reached 45.5% in Q1 2026, up from 42.7% in Q1 2025.
  • Denmark leads with 90% renewable electricity, Portugal has 82.9%, and Lithuania 75.7%.
  • Wind power was the largest source of renewable electricity (44.9%), followed by hydropower (28%).
  • The EU saved €51.4 billion in 2025 by reducing fossil fuel imports.
  • Consumers in five EU countries are expected to save €8.5 billion on energy bills this year.

The European Union has achieved a significant milestone, with renewable energy sources accounting for 45.5% of total electricity generation in the first quarter of 2026. This represents an increase from 42.7% in the same period of the previous year, according to new data from Eurostat. Wind power was the dominant renewable source, making up 44.9% of the total renewable electricity generated, followed by hydropower at 28% and solar at 17.3%.

Denmark leads the bloc with an impressive 90% of its electricity derived from renewables, primarily wind power. Portugal follows closely with 82.9%, largely due to its hydropower capacity, and Lithuania ranks third with 75.7%, also a significant wind energy contributor. Conversely, Czechia, Malta, and Slovakia lag behind, with renewable electricity shares of 12.7%, 13%, and 17.2%, respectively.

This transition towards green, homegrown power is being driven by a strategic imperative for national security, particularly after the energy crisis highlighted the volatility of fossil fuel imports. Beyond bolstering energy security, the increased reliance on renewables is also contributing to lower household energy bills. The EU reportedly saved €51.4 billion in 2025 by reducing its dependence on fossil fuel imports, according to the International Energy Agency (IEA). A separate report by the Centre for Research on Energy and Clean Air (CREA) estimates that consumers in five EU countries will save €8.5 billion this year due to the high share of clean energy in their electricity mix.

However, recent events underscore the challenges that remain. Elevated oil and gas prices, exacerbated by disruptions in the Strait of Hormuz and an unprecedented heatwave in June, led to a surge in European energy bills. In France and Germany alone, energy bills increased by over €700 million in a single week as demand for cooling spiked, forcing a temporary return to gas power. This situation has raised questions about the compatibility of the EU's 'merit order' pricing system, where the most expensive power source typically sets the grid price, with a future dominated by renewables. Experts suggest that building sufficient storage and renewable capacity to remove gas from the pricing equation is a long-term solution.

Frequently asked questions

The article does not specify a target, but notes the EU's share of electricity from renewables reached 45.5% in Q1 2026.

Wind power is the leading source, followed by hydropower and solar energy.

The EU saved €51.4 billion in 2025 by lowering fossil fuel imports.

Czechia, Malta, and Slovakia have the lowest shares, at 12.7%, 13%, and 17.2% respectively.

What Happens Next

01Europe must focus on building storage and renewables to push gas out of the pricing equation.
02Further analysis is expected on the compatibility of the 'merit order' system with a renewables-dominated grid.

Get the newsletter.

Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

Cadence
CME Headlines
  • New Product Summary: Initial Listing of the 90% Lean Beef Trim and the 50% Lean Beef Trim Futures and Options Contracts — Effective July 20, 2026
    20 Jul · 3:51 PM
  • Initial Listing of the 90% Lean Beef Trim and the 50% Lean Beef Trim Futures and Options Contracts
    20 Jul · 8:37 AM
  • Performance Bond Requirements: Agriculture & Interest Rates — Effective July 02, 2026
    2 Jul · 8:56 PM

How It Developed

EU electricity generation from renewables reached 45.5% in Q1 2026.
This marks an increase from 42.7% in the same period of 2025.
Wind power accounted for 44.9% of renewable electricity, followed by hydropower (28%) and solar (17.3%).
Denmark leads with 90% renewable electricity share, primarily from wind.
Portugal follows with 82.9% from hydropower, and Lithuania with 75.7% from wind.
Czechia (12.7%), Malta (13%), and Slovakia (17.2%) have the lowest shares.
The EU saved €51.4 billion in 2025 by reducing fossil fuel imports.
Consumers in five EU countries are projected to save €8.5 billion on energy bills this year due to clean energy.

Sources

T1
Denmark, Portugal, Lithuania lead the way as EU share of electricity from renewables hits 46%Euronews

Related Stories

EU Russian gas imports rise despite phase-out, report says
1 Jul · 3:10 PM
German Researchers Develop Highly Efficient Solar-to-Hydrogen Conversion Method
1 Jul · 11:10 PM
China's Russian LPG Imports Surge Over 110% in First Five Months
2 Jul · 9:06 AM
US data center gas plants could rival France's emissions, report says
1 Jul · 5:35 PM
China's Inner Mongolia balances solar, wind expansion with continued coal reliance
2 Jul · 2:36 AM