Iceland leads European geothermal power gross heat production with 10.85 thousand GWh in 2024, showing a 3.55% increase. France follows with 2.12 thousand GWh, appreciating 5%. Hungary ranks third at 0.856440 thousand GWh with a 3.71% rise, while Germany marked significant growth at 0.62883 thousand GWh with an 11.17% increase. In contrast, Austria experienced a slight decline to 0.15537 thousand GWh, shrinking by 0.5%. Across the board, countries like Italy and Romania showed appropriate growth, while Slovakia and Denmark faced reductions. The CAGR over the last five years highlights modest annual growth rates, indicating steady development in the geothermal sector.
Future trends to monitor include advancements in geothermal technology, increased investment in renewable energy infrastructure, and evolving government policies towards sustainable energy. Additionally, countries with slower growth rates or reductions might implement new strategies to harness geothermal power, thereby potentially altering the landscape of European geothermal power production.
Top countries in Geothermal Power Gross Heat Production by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 10,850 | 2023 | +3.33% | +3.55% | View data |
| 2 | 2 France | 2,120 | 2023 | +3.85% | +5% | View data |
| 3 | 3 Hungary | 856.44 | 2023 | +2.11% | +3.71% | View data |
| 4 | 4 Germany | 628.83 | 2023 | +7.99% | +11.17% | View data |
| 5 | 5 Italy | 311.04 | 2023 | +2.83% | +4.99% | View data |
| 6 | 6 Austria | 155.37 | 2023 | +1.35% | -0.5% | View data |
| 7 | 7 Romania | 76.62 | 2023 | +2.79% | +2.36% | View data |
| 8 | 8 Slovakia | 39.68 | 2023 | +1.67% | -2.12% | View data |
| 9 | 9 Belgium | 15.54 | 2023 | +0.0064% | +1.28% | View data |
| 10 | 10 Denmark | 9.73 | 2023 | +8.23% | -8.65% | View data |
