In 2023, Italy and Iceland led Europe in geothermal power consumption, while France and Germany showed notable growth rates of 3.02% and 8.67% respectively. The Netherlands experienced the most significant expansion with a 14.98% increase. Despite a minor decrease, Italy maintained its lead with substantial consumption. Croatia demonstrated the most remarkable growth rate at 42.36%. On the other hand, Denmark and Macedonia experienced notable declines. Countries like Spain and the United Kingdom showed minimal engagement in geothermal energy.
Looking ahead, geothermal power demand in Europe is expected to diversify with increasing investments in technology and infrastructure enhancing capacity. Strategic policy shifts to renewable energy could further impact growth, especially in countries presently showing lower consumption rates.
Top countries in Geothermal Power Gross Inland Consumption by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 62,860 | 2023 | +1.43% | -0.054% | View data |
| 2 | 2 Iceland | 48,020 | 2023 | +1.51% | -0.43% | View data |
| 3 | 3 France | 5,870 | 2023 | +3.69% | +3.02% | View data |
| 4 | 4 Germany | 5,320 | 2023 | +6.91% | +8.67% | View data |
| 5 | 5 Portugal | 2,280 | 2023 | +2.17% | -1.55% | View data |
| 6 | 6 Netherlands | 2,080 | 2023 | +8.4% | +14.98% | View data |
| 7 | 7 Hungary | 1,910 | 2023 | +2.51% | +2.78% | View data |
| 8 | 8 Croatia | 612.21 | 2023 | +4.45% | +42.36% | View data |
| 9 | 9 Romania | 498.27 | 2023 | +13.36% | +1.4% | View data |
| 10 | 10 Austria | 453.41 | 2023 | +2.83% | +0.049% | View data |
