Key Market Indicators
Poland's geothermal energy consumption is projected to climb to approximately 1,420 terajoules by 2028, up from around 1,260 terajoules in 2023. This represents an average annual growth rate of 2%. Since 2005, the country has seen a steady increase in demand, averaging 4.8% growth each year. In 2023, Poland ranked 12th in geothermal energy consumption, with Bulgaria surpassing it at 1,260 terajoules. Iceland, France, and Germany occupied the second, third, and fourth positions, respectively, in this ranking. On the generation front, Poland's geothermal energy output is forecasted to reach approximately 395 gigawatt-hours by 2028, rising from about 349 gigawatt-hours in 2023. This growth also reflects a consistent 2% year-on-year increase. Since 2005, Poland has experienced a significant 4.8% annual rise in geothermal energy supply. In 2023, Poland was again ranked 12th in terms of geothermal energy generation, with Bulgaria overtaking it at 349 gigawatt-hours. Iceland, France, and Germany held the second, third, and fourth spots, respectively, in this category as well.