In 2023, Italy led the European geothermal power consumption in commercial and public services, standing at 71.93 thousand tonnes of oil equivalent, followed by Germany and Bulgaria. Notably, Germany and Bulgaria showed minimal change in annual consumption, the former slightly declining by 0.32% and the latter increasing by 2.02%. Hungary and Greece saw significant yearly growth at 4.15% and 6.08%, respectively. In contrast, the United Kingdom faced a substantial decrease of 6.19%, with consumption levels remaining low. Over five years, the cumulative average growth rate reveals varied trends in geothermal adoption across these countries.
Future trends to watch include technological innovations that could increase efficiency and reduce costs, potentially fostering wider adoption and investment across Europe. Countries with favourable geothermal resources may drive additional growth as they explore sustainable energy transitions towards reducing carbon emissions and enhancing energy independence.
Top countries in Geothermal Power Final Consumption in Commercial and Public Services by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 71.93 | 2023 | +1.04% | -1.84% | View data |
| 2 | 2 Germany | 61.01 | 2023 | +2.9% | -0.32% | View data |
| 3 | 3 Bulgaria | 38.28 | 2023 | +2.87% | +2.02% | View data |
| 4 | 4 Iceland | 37.9 | 2023 | +20.09% | -0.0032% | View data |
| 5 | 5 Hungary | 26.74 | 2023 | -5.6% | +4.15% | View data |
| 6 | 6 Romania | 22.79 | 2023 | +20.7% | +1.35% | View data |
| 7 | 7 France | 17.2 | 2023 | +1.36% | +0.56% | View data |
| 8 | 8 Slovenia | 12.48 | 2023 | +9.46% | +3.09% | View data |
| 9 | 9 Austria | 11.5 | 2023 | +2.09% | +0.37% | View data |
| 10 | 10 Greece | 7.86 | 2023 | +19.12% | +6.08% | View data |
