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Slovakia Geothermal Energy Industry Outlook 2024 - 2028

See how Slovakia Geothermal Energy performed compared to key markets such as Italy, Iceland and France.

Key Market Indicators

Slovakia's geothermal energy consumption is projected to rise to approximately 360 terajoules by 2028, up from around 320 terajoules in 2023. This marks an average annual growth rate of 1.8%. However, since 2006, demand for geothermal energy in Slovakia has seen an average annual decline of 3.2%. In the year 2023, Slovakia ranked 15th globally in geothermal energy consumption, with Greece surpassing it at approximately 320 terajoules. Leading the rankings were Iceland, France, and Germany, occupying the second, third, and fourth positions respectively. On the generation front, Slovakia's geothermal energy output is expected to reach about 92 gigawatt-hours by 2028, up from around 87 gigawatt-hours in 2023. This reflects an annual growth rate of 1%. Since 2006, geothermal supply in Slovakia has decreased at an average rate of 3.7% per year. In 2023, Slovakia also ranked 15th in geothermal energy generation, with Greece slightly ahead at around 87 gigawatt-hours. Iceland, France, and Germany maintained their positions as the second, third, and fourth largest producers in this category.

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Slovakia Geothermal Energy Market Data and Forecasts

How much will Slovakia Geothermal Energy Market grow to 2028?

Forecast: Geothermal Power Production in Slovakia
Forecast: Geothermal Power Gross Available Energy in Slovakia
Forecast: Geothermal Power Energy Supply in Slovakia
Forecast: Geothermal Power Gross Inland Consumption in Slovakia
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