In 2023, Iceland led European geothermal electricity production at 6.33 thousand Gigawatthours, followed closely by Italy at 6.29. Germany and Portugal showed moderate values below 0.3 thousand Gigawatthours each. France, Croatia, and Hungary produced less, with Austria generating the least. The highest year-on-year increase in 2023 was in Croatia at 119.41%, while Austria showed a decline of 1.91%. Over five years, geothermal energy production grew steadily with notable contributions from pioneering nations like Iceland and Italy.
Future trends to watch include technological advancements boosting efficiency, increased investments across various European regions, and a stronger policy push towards renewable energy integration. This could potentially elevate contributions from emerging markets and drive overall growth in geothermal electricity production.
- Technological advancements and efficiency improvements
- Increased investments in geothermal projects
- Policy support fostering renewable energy adoption
- Potential growth in emerging geothermal markets
Top countries in Gross Electricity Production from Geothermal Power by Country
| # | 8 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 6,330 | 2023 | +1.89% | +1.04% | View data |
| 2 | 2 Italy | 6,290 | 2023 | +1.41% | +0.61% | View data |
| 3 | 3 Germany | 292 | 2023 | +7.35% | +10.41% | View data |
| 4 | 4 Portugal | 250.87 | 2023 | +2.44% | +1.72% | View data |
| 5 | 5 France | 144.07 | 2023 | +1.97% | +2.56% | View data |
| 6 | 6 Croatia | 101.7 | 2023 | +2.62% | +119.41% | View data |
| 7 | 7 Hungary | 30 | 2023 | +15.38% | +20.11% | View data |
| 8 | 8 Austria | 0.22 | 2023 | +17.3% | -1.91% | View data |
