In 2024, Italy leads European geothermal power consumption in commercial and public services at 3.11 thousand terajoules, despite a 1.21% decline from 2023. Germany follows at 2.52 thousand terajoules, with a minor drop of 0.62%. Bulgaria, with a notable 1.85% increase, matches Iceland's consumption at 1.59 thousand terajoules. Hungary shows outstanding growth at 5.42%, reaching 1.19 thousand terajoules. Smaller markets like Romania, France, and Slovenia exhibit modest growth, while the UK's consumption decreased by 6.27%, leading to a low position at 0.0123 thousand terajoules.
Future trends to watch:
• Increased emphasis on renewable energy policies and investments may boost geothermal capacity.
• Southern and Eastern European countries might leverage geothermal resources more aggressively.
• Technological advances could lower costs, expanding geothermal use in commercial and public sectors.
• Market volatility might impact growth rates in geothermal energy adoption across Europe.
Top countries in Geothermal Power Final Consumption in Commercial and Public Services by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 3,110 | 2023 | +2.65% | -1.21% | View data |
| 2 | 2 Germany | 2,520 | 2023 | +2.44% | -0.62% | View data |
| 3 | 3 Bulgaria | 1,590 | 2023 | +2.5% | +1.85% | View data |
| 4 | 4 Iceland | 1,590 | 2023 | +20.14% | 0% | View data |
| 5 | 5 Hungary | 1,190 | 2023 | -2.78% | +5.42% | View data |
| 6 | 6 Romania | 988.29 | 2023 | +21.98% | +2.07% | View data |
| 7 | 7 France | 700.26 | 2023 | +0.0077% | +0.0031% | View data |
| 8 | 8 Slovenia | 513.53 | 2023 | +8.45% | +2.72% | View data |
| 9 | 9 Austria | 479.55 | 2023 | +1.83% | +0.29% | View data |
| 10 | 10 Greece | 329 | 2023 | +19.2% | +6.07% | View data |
