Denmark's geothermal power gross heat production stood at 9.75 GWh in 2023. Based on the forecasted data, a steady increase is expected over the next five years. Specifically, the production is anticipated at 9.82 GWh in 2024, rising to 10.15 GWh by 2028. The year-on-year percentage variations are consistent, with minor annual increases of around 0.9% to 1.2%.
- 2024: 0.72% increase from 2023
- 2025: 0.92% increase from 2024
- 2026: 0.91% increase from 2025
- 2027: 0.7% increase from 2026
- 2028: 0.79% increase from 2027
The compound annual growth rate (CAGR) over the five-year period translates to an average annual growth rate of approximately 0.87%.
Future trends to watch for include technological advancements in geothermal extraction and broader adoption of sustainable energy policies supported by the government, contributing to a continued rise in geothermal power production.
