As of 2024, the Netherlands leads European countries in geothermal power available for final consumption with 179.5 thousand tonnes of oil equivalent, a significant increase of 15.04% from 2023. Iceland follows at 130.67 with no year-on-year change. Italy and Germany show slight decreases and increases respectively, emphasizing stability in mature markets. Emerging markets like Hungary (67.61) and Poland (30.01) note modest growth. Some countries like Croatia and Serbia experience significant drops, suggesting challenges or shifting priorities. The CAGR for the region shows varied growth, underscoring the fragmented dynamics within European geothermal power consumption.
Future trends to watch include technological advancements and investments which may spur higher growth rates in countries currently exhibiting modest gains. Additionally, evolving political and environmental policies may influence the geothermal power sector, shifting the landscape within newer onshore and offshore markets.
Top countries in Geothermal Power Available for Final Consumption by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 179.5 | 2023 | +8.56% | +15.04% | View data |
| 2 | 2 Iceland | 130.67 | 2023 | +5.72% | View data | |
| 3 | 3 Italy | 110.18 | 2023 | -2.16% | -2.97% | View data |
| 4 | 4 Germany | 98.26 | 2023 | +2.85% | +2.95% | View data |
| 5 | 5 Hungary | 67.61 | 2023 | -0.74% | +0.5% | View data |
| 6 | 6 Bulgaria | 38.28 | 2023 | +2.87% | +2.02% | View data |
| 7 | 7 France | 35.95 | 2023 | -5.48% | -2.2% | View data |
| 8 | 8 Poland | 30.01 | 2023 | +2.82% | +4.86% | View data |
| 9 | 9 Romania | 27.59 | 2023 | +21.78% | +1.62% | View data |
| 10 | 10 Slovenia | 14.77 | 2023 | +8.33% | +1.98% | View data |