In 2024, Germany leads in geothermal and biomass energy consumption in Europe with 20.49 TWh, followed by the United Kingdom at 13.07 TWh and Italy at 9.4 TWh. Other notable countries include Finland with 5.72 TWh, Sweden with 5.48 TWh, and France with 4.15 TWh. The Netherlands and Denmark show significant year-on-year increases of 16.06% and 6.38%, respectively. Smaller markets like Croatia (13.45%), Bulgaria (10.78%), and Russia (11.36%) also report substantial growth. Conversely, countries such as Macedonia (-19.73%) and Cyprus (-14.72%) see notable declines in consumption.
Future trends to watch for include increased adoption and technological advancements in geothermal and biomass energy production. Governments' policy shifts towards sustainability and investments in renewable energy infrastructure will likely sustain or accelerate these trends. Additionally, emerging markets with smaller current consumption figures but high growth rates could become significant players in the sector.
Top countries in Geothermal and Biomass Energy Consumption Share by Country (Terawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 20.49 | 2023 | -0.35% | -0.28% | View data |
| 2 | 2 United Kingdom | 13.07 | 2023 | -9.55% | -1.72% | View data |
| 3 | 3 Italy | 9.4 | 2023 | -3.26% | -1.81% | View data |
| 4 | 4 Finland | 5.72 | 2023 | +0.27% | +1.68% | View data |
| 5 | 5 Sweden | 5.48 | 2023 | +0.88% | +2.46% | View data |
| 6 | 6 France | 4.15 | 2023 | +3.48% | +2.95% | View data |
| 7 | 7 Netherlands | 3.93 | 2023 | +1.4% | +16.06% | View data |
| 8 | 8 Denmark | 3.27 | 2023 | +7.02% | +6.38% | View data |
| 9 | 9 Poland | 2.9 | 2023 | -0.41% | +1.7% | View data |
| 10 | 10 Spain | 2.85 | 2023 | +2.74% | +2.55% | View data |