The final consumption of geothermal power in European countries showcases significant disparities. In 2023, the Netherlands led the market with 7.5 thousand terajoules, showing a substantial 14.98% increase. Italy and Germany followed, with Italy experiencing a 2.97% decrease, while Germany saw a 2.91% rise. Iceland and Croatia saw declines of 1.16% and 10.85%, respectively. The United Kingdom and Spain reported static consumption, indicating no growth. Overall, the other countries displayed minor fluctuations, portraying geothermal energy as a growing but unevenly distributed energy source across Europe.
Future trends to watch for include:
- Further increases in geothermal consumption in the Netherlands, potentially influencing surrounding countries to invest more.
- The impact of technological advancements in energy efficiency that could boost geothermal adoption.
- Policy changes in European countries aiming to meet renewable energy targets, potentially affecting geothermal power consumption patterns.
- Innovative approaches to energy storage and grid integration might drive higher usage in countries currently lagging.
Top countries in Final Consumption of Geothermal Power by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 7,500 | 2023 | +8.4% | +14.98% | View data |
| 2 | 2 Italy | 4,620 | 2023 | -2.13% | -2.97% | View data |
| 3 | 3 Germany | 4,110 | 2023 | +3.11% | +2.91% | View data |
| 4 | 4 Iceland | 3,210 | 2023 | +7.21% | -1.16% | View data |
| 5 | 5 Hungary | 2,800 | 2023 | -1.16% | +0.31% | View data |
| 6 | 6 Bulgaria | 1,590 | 2023 | +2.5% | +1.85% | View data |
| 7 | 7 France | 1,520 | 2023 | -3.77% | -1.52% | View data |
| 8 | 8 Poland | 1,260 | 2023 | +2.85% | +4.85% | View data |
| 9 | 9 Romania | 1,130 | 2023 | +20.95% | +1.13% | View data |
| 10 | 10 Slovenia | 613.54 | 2023 | +7.57% | +1.68% | View data |
