The feed-in tariff for geothermal energy in Germany is forecasted to rise from $0.32 in 2024 to $0.35 by 2028. Compared to the 2023 value, this indicates a steady annual increase. The year-on-year variations show slight increments, reflecting a gradual upward trend. For 2025, the increase is approximately 3.1%, remains steady into 2026, and continues to rise by 3.0% in 2027, and 2.9% in 2028. The compound annual growth rate (CAGR) over the five-year forecast period stands around 2.3%, indicating moderate growth in feed-in tariffs.
Future trends to watch for:
- Technological advancements in geothermal energy extraction and efficiency.
- Policy changes affecting renewable energy incentives.
- Fluctuations in global energy markets influencing tariff adjustments.
- Integration with other renewable energy sources impacting overall demand.