In 2023, Italy led the final consumption of geothermal power in the commercial and public services sector among European countries, despite a slight year-on-year decrease of 1.21%. Germany followed with a minor decline of 0.62%, whereas Bulgaria showed notable growth at 1.85%. Iceland's figures remained constant, while Hungary exhibited a significant increase of 5.42%. Romania and Slovenia also displayed upward trends with increases of 2.07% and 2.72%, respectively. Greece experienced the highest growth at 6.07%, contrasting with Croatia and Serbia which saw reductions of 2.95% and 3.0%, respectively. The United Kingdom showed the most significant decrease at 6.27%, with minimal usage in Spain remaining stable.
Looking ahead, the European geothermal power market in the commercial and public services sector is expected to see particular attention towards increased usage and technological advancements. Countries like Hungary, Greece, and Poland, which have shown significant growth, are likely to continue this trend. Conversely, the United Kingdom and other countries with declining consumption may implement policies to rejuvenate their geothermal sectors. Monitoring regulatory changes, as well as investments in geothermal infrastructure, will be crucial to understanding the evolving landscape.
Top countries in Geothermal Power Final Consumption in Commercial and Public Services Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 22.7 | 2023 | +2.65% | -1.21% | View data |
| 2 | 2 Germany | 18.38 | 2023 | +2.44% | -0.62% | View data |
| 3 | 3 Bulgaria | 11.61 | 2023 | +2.5% | +1.85% | View data |
| 4 | 4 Iceland | 11.59 | 2023 | +20.14% | 0% | View data |
| 5 | 5 Hungary | 8.69 | 2023 | -2.78% | +5.42% | View data |
| 6 | 6 Romania | 7.22 | 2023 | +21.98% | +2.07% | View data |
| 7 | 7 France | 5.11 | 2023 | +0.0077% | +0.0031% | View data |
| 8 | 8 Slovenia | 3.75 | 2023 | +8.45% | +2.72% | View data |
| 9 | 9 Austria | 3.5 | 2023 | +1.83% | +0.29% | View data |
| 10 | 10 Greece | 2.4 | 2023 | +19.2% | +6.07% | View data |