In 2023, the length of Power Purchase Agreements (PPAs) for geothermal energy in Germany stood at 21 years. Forecasts for 2024 to 2028 indicate a gradual increase, stabilizing at 22 years from 2025 onwards. This suggests a modest growth trend with a year-on-year increase of approximately 4.8% from 2023 to 2024, followed by stabilization.
Future trends to watch for include potential regulatory changes that could influence contract length, technological advancements that may impact the economics of geothermal energy, and shifts in energy policy toward sustainable energy that could further enhance the attractiveness of long-term PPAs in the sector.