In 2023, Germany's geothermal power production stood as the baseline for comparing future forecasts. From 2024 to 2028, geothermal energy is expected to grow from 488.36 to 606.78 thousand tonnes of oil equivalent. The year-on-year growth rates show an upward trend in production: 2024 to 2025 sees a 6.11% increase, 2025 to 2026 a 5.72% increase, 2026 to 2027 a 5.39% increase, and 2027 to 2028 a 5.09% increase. The compound annual growth rate (CAGR) over these five years is 5.56%.
Future trends worth monitoring include technological advancements, government policies promoting renewable energy, and the impact of increasing environmental concerns, potentially amplifying geothermal energy's role in Germany’s energy mix.
