The geothermal and biomass energy consumption in the US stood at 0.8 Exajoules (EJ) in 2023. Over the past decade, this sector saw fluctuations in energy consumption, peaking in 2014 with a year-on-year increase of 4.14%. However, recent years have indicated a decline, with a negative 2023 year-on-year variation of -0.74% and a 5-year CAGR of -2.32%.

For future trends to watch for:

The forecasted 5-year CAGR is -0.3%, which suggests a slower decline compared to the previous period.
Technological innovations and government policies could potentially boost consumption rates.
Environmental concerns and shifts toward renewable energy sources might alter the trajectory of the current forecast.