In 2023, the final consumption of geothermal power in Germany’s commercial and public services was approximately at 61 thousand tonnes of oil equivalent. Forecasts from 2024 onwards show a steady increase of approximately 2.7-2.8% per annum, with the consumption reaching 69.48 thousand tonnes by 2028, reflecting a compound annual growth rate (CAGR) of approximately 2.6% over the five-year period.

Future trends to watch for include:

Increasing investment in sustainable energy technologies.
Potential regulatory changes favoring renewable energy sources.
Technological advancements that could enhance geothermal energy efficiency and uptake.