Key Market Indicators
Austrian geothermal energy consumption is projected to reach approximately 1,850 terajoules by 2028, up from around 1,630 terajoules in 2023. This represents an average annual growth rate of 2%. Since 1995, Austria's geothermal energy demand has grown at a modest annual rate of 0.1%. In 2023, Austria ranked 10th in geothermal energy consumption, with Romania slightly ahead at 1,630 terajoules. Leading the ranking were Iceland, France, and Germany, holding the second, third, and fourth positions, respectively. On the generation side, Austria's geothermal energy production is expected to reach nearly 514 gigawatt-hours by 2028, rising from about 453 gigawatt-hours in 2023. This also reflects an average annual growth rate of 2%. Since 1995, geothermal energy supply in Austria has seen a minimal annual increase of 0.1%. In 2023, Austria again ranked 10th in geothermal energy generation, with Romania just ahead at 453 gigawatt-hours. Iceland, France, and Germany maintained their positions as the second, third, and fourth largest producers, respectively.
