In 2023, Italy remained the leader in geothermal power production in Europe, despite a slight decline of 5.4%. Iceland, while significant, experienced a substantial decrease of 43%. France and Germany saw notable growths of 3.02% and 8.67%, respectively. Among smaller producers, the Netherlands experienced a remarkable surge of 14.98%, and Croatia's production jumped by 41.23%. On the contrary, Macedonia and Denmark faced significant reductions of approximately 3.74% and 8.65%, respectively. Most other countries showed modest changes in their geothermal power production.
Future trends in European geothermal power production to watch for include:
- Emerging technologies that could boost production efficiency in smaller countries.
- Potential policy shifts and investments aimed at increasing renewable energy sources.
- The development of cross-border geothermal projects to leverage resources across regions.
Top countries in Geothermal Power Production Share by Country (Gigawatthours)
| # | 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 | +3.69% | +3.02% | View data |
| 4 | 4 Germany | 4.05 | 2023 | +6.91% | +8.67% | View data |
| 5 | 5 Portugal | 1.74 | 2023 | +2.17% | -1.55% | View data |
| 6 | 6 Netherlands | 1.59 | 2023 | +8.4% | +14.98% | View data |
| 7 | 7 Hungary | 1.46 | 2023 | +2.51% | +2.78% | View data |
| 8 | 8 Croatia | 0.47 | 2023 | +2.56% | +41.23% | View data |
| 9 | 9 Romania | 0.38 | 2023 | +13.65% | +1.5% | View data |
| 10 | 10 Austria | 0.33 | 2023 | +2.83% | +0.049% | View data |
