Key Market Indicators
**Spanish Geothermal Energy Consumption to Remain Stable by 2028** Spain's geothermal energy consumption is projected to remain stable, reaching approximately 8 terajoules by 2028, the same level as in 2023. This steady trend has been consistent since 1995, with no significant changes in demand. In 2023, Spain ranked 21st globally in geothermal energy consumption. The United Kingdom surpassed Spain, also consuming around 8 terajoules. Leading the rankings were Iceland, France, and Germany, holding the second, third, and fourth positions respectively. **Spain's Geothermal Generation to Hold Steady** Similarly, Spain's geothermal energy generation is expected to remain unchanged, reaching about 2.2 gigawatt-hours by 2028, the same figure reported in 2023. Since 1995, the country's geothermal supply has shown no significant fluctuations. In 2023, Spain also ranked 21st in geothermal energy generation. The United Kingdom was just ahead, producing approximately 2.2 gigawatt-hours. Iceland, France, and Germany led the rankings, occupying the top three spots in that order.
