Italy leads European geothermal power consumption with 47.9 GWh, followed by Iceland at 36.59 GWh. France and Germany follow with 4.48 and 4.05 GWh respectively. The remaining countries consume significantly less, with Portugal, Netherlands, and Hungary consuming between 1.73 and 1.46 GWh. The smallest consumers include Spain and the UK at almost negligible figures.
Analyzing year-on-year variations, notable increases include Germany (8.67%), Netherlands (14.98%), and Croatia (42.36%). Conversely, Iceland, Slovakia, Macedonia, Serbia, and Denmark show declines. Over the last five years, the Compound Annual Growth Rate (CAGR) reflects stability in Italy, growth in newer markets like Croatia, and a decline in established markets like Iceland.
Future trends to watch:
- Continued growth in emerging markets such as Croatia and the Netherlands.
- Potential stabilization or decline in mature markets like Italy and Iceland.
- Development of geothermal initiatives in traditionally low-consumption countries.
- Impact of European green energy policies on geothermal power investments.
Top countries in Geothermal Power Gross Inland Consumption Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 47.9 | 2023 | +1.43% | -0.054% | View data |
| 2 | 2 Iceland | 36.59 | 2023 | +1.51% | -0.43% | View data |
| 3 | 3 France | 4.48 | 2023 | +3.69% | +3.02% | View data |
| 4 | 4 Germany | 4.05 | 2023 | +6.91% | +8.67% | View data |
| 5 | 5 Portugal | 1.73 | 2023 | +2.17% | -1.55% | View data |
| 6 | 6 Netherlands | 1.59 | 2023 | +8.4% | +14.98% | View data |
| 7 | 7 Hungary | 1.46 | 2023 | +2.51% | +2.78% | View data |
| 8 | 8 Croatia | 0.47 | 2023 | +4.45% | +42.36% | View data |
| 9 | 9 Romania | 0.38 | 2023 | +13.36% | +1.4% | View data |
| 10 | 10 Austria | 0.35 | 2023 | +2.83% | +0.049% | View data |
