EU green energy exports grow on all fronts but trade-off remains negative

euronews (in English)

The block's exports of wind turbines, solar panels and liquid biofuels saw substantial growth between 2022 and 2023, but a more balanced import-export trade-off is still a long way to go, new Eurostat data shows.

Transcript

00:00What's the EU's green energy import-export trade-off?

00:10The EU continues to import a substantial amount of green energy infrastructure.

00:17That's particularly true for solar panels.

00:21Last year, the EU sourced almost 20 billion euros in solar panels from outside the bloc,

00:29while its exports didn't reach 1 billion.

00:33The biofuel trade-off is negative too, with imports valued at almost 4 billion euros

00:41compared to just over 2 billion in exports.

00:45In terms of wind turbines, the trade-off is positive.

00:50EU exports exceeded imports by 1.7 billion euros last year.

00:57So who are the EU's biggest green energy partners?

01:02When it comes to solar panels, China supplies a staggering 98% of it.

01:09Beijing also sells the EU the most biofuels, although a significant share also comes from

01:18the UK, Brazil, Malaysia and Argentina.

01:23For wind turbines, Indian imports have the lion's share, 59%.

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