In 2023, the United States led the global biomass and geothermal energy consumption with a 15.06% share, followed by Germany and Brazil, with shares of 9.21% and 9.07%, respectively. The United Kingdom, Japan, and Italy occupied mid-tier positions, while India, South Korea, Finland, and the Philippines had relatively smaller shares. Over the last two years, these top countries showed varying levels of growth, with a noticeable increase in renewable energy integration. The five-year CAGR suggests a gradual yet steady increase in the consumption of biomass and geothermal energy worldwide.
Future trends to watch include the expanding commitment to renewable energy targets, technological advancements in energy production and storage, and potential policy shifts towards sustainable energy solutions. Key players like the U.S. and Germany are likely to invest heavily in innovation, while emerging markets such as India may continue to increase their share amid broader electrification and sustainability goals.
Top countries in Top Countries' Share of Global Biomass and Geothermal Energy Consumption
| # | 10 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 United States | 15.06 | 2016 | |
| 2 | 2 Germany | 9.21 | 2016 | |
| 3 | 3 Brazil | 9.07 | 2016 | |
| 4 | 4 United Kingdom | 5.27 | 2016 | |
| 5 | 5 Japan | 4.74 | 2016 | |
| 6 | 6 Italy | 4.59 | 2016 | |
| 7 | 7 India | 2.86 | 2016 | |
| 8 | 8 South Korea | 2.14 | 2016 | |
| 9 | 9 Finland | 2.1 | 2016 | |
| 10 | 10 Philippines | 2.09 | 2016 |
