In 2024, Germany leads in geothermal power consumption by households, contributing a substantial portion to the European total, experiencing strong annual growth at 11.18% in 2023. Poland follows with significant consumption, exhibiting steady growth at 5.15%. Iceland, while traditionally a leader, saw a minor decline of 0.97% indicating a plateau. Romania and the United Kingdom experienced modest rises, 1.94% and 5.29% respectively. Italy and Spain show lower consumption and slight declines, suggesting underexploited potential. Notably, Italy decreased by 2.68%, whereas Spain's usage remained minimal.
Looking forward, several trends may impact geothermal power consumption:
- Efforts to improve energy efficiency could drive further household adoption in Germany and Poland.
- Technological advancements may help mitigate Iceland's stagnation and revitalize growth.
- Policy initiatives could enhance geothermal utilization in emerging markets like Romania and the UK.
- Italy and Spain may invest in infrastructure to capitalize on underleveraged geothermal resources.
Top countries in Geothermal Power Final Consumption by Households by Country
| # | 7 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,630 | 2023 | +4.21% | +11.18% | View data |
| 2 | 2 Poland | 954.33 | 2023 | +3.94% | +5.15% | View data |
| 3 | 3 Iceland | 476 | 2023 | -1.84% | -0.97% | View data |
| 4 | 4 Romania | 164.74 | 2023 | +30.5% | +1.94% | View data |
| 5 | 5 Italy | 35.97 | 2023 | +1.03% | -2.68% | View data |
| 6 | 6 United Kingdom | 22 | 2023 | +5.26% | +5.29% | View data |
| 7 | 7 Spain | 3.87 | 2021 | 0% | 0% | View data |
