Geothermal power gross inland consumption in Turkey showed notable growth from 2023, where the value stood at 12.54 Million Tonnes of Oil Equivalent. Forecasted data indicate a steady increase with values reaching 13.07 in 2024, 13.63 in 2025, 14.17 in 2026, 14.69 in 2027, and 15.2 in 2028.
Year-on-year variations:
• 2024: 13.07, 4.22% increase from 2023
• 2025: 13.63, 4.29% increase from previous year
• 2026: 14.17, 3.96% increase from previous year
• 2027: 14.69, 3.67% increase from previous year
• 2028: 15.2, 3.47% increase from previous year
CAGR (2023-2028): Around 4% per annum.
Future trends to watch for include the impact of technological advancements in geothermal extraction, government policy shifts toward renewable energy, and investments in infrastructure that could further influence growth rates. Monitoring these factors will be crucial for understanding future trajectory in Turkey's geothermal power sector.
