In 2024, Italy leads Europe in geothermal power gross available energy with 226.31 thousand terajoules, followed by Iceland at 172.89 thousand terajoules. France and Germany also show significant contributions of 21.15 and 19.15 respectively. Over the previous two years, Italy saw a slight decline of 5.4%, while Iceland experienced a substantial decrease of 43%. France and Germany showed positive growth at 3.02% and 8.67%. The Netherlands registered notable growth with an increase of 14.98%, whereas countries like Macedonia and Serbia witnessed declines of 7.07% and 17.28%. Poland, Croatia, Hungary, and Greece also showed increases in geothermal production.
Over the last five years, inventive steps and technological advancements have fueled geothermal energy expansion, though fluctuating rates of change indicate varying national priorities and capacities. Future trends to watch include increased investments and policy support in emerging geothermal markets, expansion in smaller contributors, and technological advancements to improve efficiency and output. Additionally, international collaboration in geothermal technology and financing could drive increased regional development.
Top countries in Geothermal Power Gross Available Energy by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 226,310 | 2023 | +1.43% | -0.054% | View data |
| 2 | 2 Iceland | 172,890 | 2023 | +1.51% | -0.43% | View data |
| 3 | 3 France | 21,150 | 2023 | +3.7% | +3.02% | View data |
| 4 | 4 Germany | 19,150 | 2023 | +6.91% | +8.67% | View data |
| 5 | 5 Portugal | 8,330 | 2023 | +2.79% | -1.23% | View data |
| 6 | 6 Netherlands | 7,500 | 2023 | +8.4% | +14.98% | View data |
| 7 | 7 Hungary | 6,900 | 2023 | +2.62% | +2.82% | View data |
| 8 | 8 Croatia | 2,260 | 2023 | +4.58% | +42.41% | View data |
| 9 | 9 Romania | 1,820 | 2023 | +13.78% | +1.52% | View data |
| 10 | 10 Austria | 1,630 | 2023 | +2.83% | +0.049% | View data |