European Geothermal Power Energy Supply Share by Country (Thousand Tonnes Of Oil Equivalent)

In 2023, Italy led the geothermal power energy supply in Europe with a significant share, followed by Iceland, although Iceland experienced a substantial decline of 43%. Germany's output increased notably by 8.72%, reflecting a growing commitment to geothermal energy. The Netherlands showed high growth with a 15.04% increase. Croatia also marked a remarkable rise of 41.31%, indicating emerging potential. Conversely, Slovakia and Macedonia registered declines of 3.69% and 3.73%, respectively, signifying varied regional dynamics. Smaller increases across countries like France, Hungary, and Poland suggest moderate to rising interest in geothermal energy adoption.

Future trends to watch:

  • The impact of governmental policies and incentives on geothermal energy development.
  • Technological advances leading to more efficient energy extraction and utilization.
  • Potential for new countries to enter the geothermal market and expand Europe's geographical energy diversification.
  • Progress in geothermal projects aimed at replacing fossil fuels and meeting sustainability goals.

Top countries in Geothermal Power Energy Supply Share by Country (Thousand Tonnes Of Oil Equivalent)

# 10 Countries Percent Last Year YoY 5-years CAGR
1 1 Italy 47.91 2023 +1.43% -0.054% View data
2 2 Iceland 36.6 2023 +1.51% -0.43% View data
3 3 France 4.48 2023 +3.78% +3.03% View data
4 4 Germany 4.06 2023 +7.04% +8.72% View data
5 5 Portugal 1.73 2023 +1.89% -1.64% View data
6 6 Netherlands 1.59 2023 +8.56% +15.04% View data
7 7 Hungary 1.42 2023 +1.25% +2.27% View data
8 8 Croatia 0.47 2023 +2.71% +41.31% View data
9 9 Romania 0.38 2023 +13.6% +1.5% View data
10 10 Bulgaria 0.34 2023 +2.87% +2.02% View data

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