In 2023, Geothermal Power Gross Inland Consumption in Germany stood at approximately 19.23 thousand terajoules. For the year 2024, it is forecasted to rise to 20.37 thousand terajoules, representing a year-on-year increase of 5.93%. In 2025, a further increase to 21.59 thousand terajoules is expected, translating to a year-on-year growth of 5.99%. The value for 2026 is anticipated to be 22.79 thousand terajoules, showing a rise of 5.55%. In 2027, consumption is forecasted to reach 23.98 thousand terajoules, indicating an increase of 5.23%. By 2028, it is projected to hit 25.16 thousand terajoules, reflecting a 4.91% growth. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 5.32%.
Future trends to watch for include advancements in geothermal technology, policy changes to support renewable energy, and increased investment in geothermal infrastructure. Further developments in energy storage solutions and integration with other renewable energy sources could also play a crucial role in the overall growth and sustainability of geothermal power in Germany.
