Italy leads European geothermal power consumption with a significant share of 47.87 terajoules but experienced a slight decline from the previous year (-0.054%). Iceland follows at 36.57 terajoules, also seeing a more substantial decline (-0.43%). France and Germany have smaller shares but are witnessing significant growth, with Germany displaying an 8.67% increase year-on-year. The Netherlands shows remarkable growth at 14.98%, while Croatia has surged by 41.89%. Conversely, countries like Macedonia and Serbia have seen notable declines in their shares of geothermal consumption.
Future trends to watch include the continued growth in countries like the Netherlands and Germany. Expansion projects and technological advancements in geothermal energy could boost shares in other emerging markets like Croatia and Poland. Conversely, economic and regulatory obstacles could hinder growth in countries where declines have been observed, such as Iceland and Macedonia.
Top countries in Geothermal Power Gross Inland Consumption Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 47.87 | 2023 | +1.43% | -0.054% | View data |
| 2 | 2 Iceland | 36.57 | 2023 | +1.51% | -0.43% | View data |
| 3 | 3 France | 4.47 | 2023 | +3.7% | +3.02% | View data |
| 4 | 4 Germany | 4.05 | 2023 | +6.91% | +8.67% | View data |
| 5 | 5 Portugal | 1.76 | 2023 | +2.79% | -1.23% | View data |
| 6 | 6 Netherlands | 1.59 | 2023 | +8.4% | +14.98% | View data |
| 7 | 7 Hungary | 1.46 | 2023 | +2.62% | +2.82% | View data |
| 8 | 8 Croatia | 0.49 | 2023 | +3.67% | +41.89% | View data |
| 9 | 9 Romania | 0.38 | 2023 | +14.17% | +1.8% | View data |
| 10 | 10 Austria | 0.35 | 2023 | +2.83% | +0.049% | View data |
