Final consumption of geothermal power in Germany is forecasted to rise steadily from 4.23 Thousand Terajoules in 2024 to 4.71 Thousand Terajoules in 2028. Given that the value stood at 4 Thousand Terajoules in 2023, this corresponds to year-on-year increases of 2.84% by 2025, 2.76% by 2026, 2.68% by 2027, and 2.61% by 2028. Over the forecast period from 2024 to 2028, this represents a Compound Annual Growth Rate (CAGR) of 2.72%.
Future trends to watch for include technological advancements in geothermal energy extraction and increased policy support for renewable energy, which could accelerate growth beyond current predictions. Additionally, advancements in energy storage and grid integration will be essential for maximizing the utilization of geothermal energy.