In 2024, Italy and Iceland dominate European geothermal power gross electricity production with values of 21.93 and 21.55 thousand terajoules respectively. Germany follows significantly behind at 1.01, with other countries like Portugal (0.78811), France (0.36263), Croatia (0.34258), Hungary (0.097), and Austria (0.00076) contributing marginally. Variations from 2023 show notable fluctuations: Germany's production increased by 9.59%, while Croatia experienced a substantial 116.51% growth. Conversely, Italy, Iceland, and Portugal saw slight declines of -0.31%, -0.082%, and -1.02% respectively. France and Austria also noted decreases of -4.53% and -2.39%. Hungary managed a significant growth of 17.56%.
Future trends to watch include:
- Increased investment in geothermal technologies across Europe, especially among lower-producing countries.
- Potential policy changes and incentives encouraging clean energy production.
- Technological advancements enhancing efficiency and scalability of geothermal energy projects.
- Growing environmental awareness and global commitments to renewable energy targets driving up adoption rates.
Top countries in Geothermal Power Gross Electricity Production by Country
| # | 8 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 21,930 | 2023 | +0.8% | -0.31% | View data |
| 2 | 2 Iceland | 21,550 | 2023 | +1.54% | -0.082% | View data |
| 3 | 3 Germany | 1,010 | 2023 | +7.07% | +9.59% | View data |
| 4 | 4 Portugal | 788.11 | 2023 | +2.89% | -1.02% | View data |
| 5 | 5 France | 362.63 | 2023 | -4.95% | -4.53% | View data |
| 6 | 6 Croatia | 342.58 | 2023 | +2.94% | +116.51% | View data |
| 7 | 7 Hungary | 97 | 2023 | +19.9% | +17.56% | View data |
| 8 | 8 Austria | 0.76 | 2023 | +17.59% | -2.39% | View data |