Key Market Indicators
Dane's geothermal energy consumption is projected to reach approximately 72 terajoules by 2028, up from about 70 terajoules in 2023, growing at an average annual rate of 0.5%. However, since 1995, the country's demand has decreased by an average of 8.8% per year. In 2023, Dane ranked 19th in geothermal energy consumption, with Serbia slightly ahead at around 70 terajoules. Iceland, France, and Germany occupied the second, third, and fourth positions, respectively, in the same ranking. In terms of geothermal energy generation, Dane is expected to produce around 20.3 gigawatt-hours by 2028, an increase from roughly 19.5 gigawatt-hours in 2023, growing at an average annual rate of 0.7%. Since 1995, the country's geothermal supply has decreased by an average of 8.7% per year. In 2023, Dane also ranked 19th in geothermal energy generation, with Serbia surpassing it with about 19.5 gigawatt-hours. Iceland, France, and Germany held the second, third, and fourth spots, respectively, in this category.
