Forecast: Geothermal Power Energy Supply in Germany

The geothermal power energy supply in Germany reached an actual value of 5.32 Thousand Gigawatthours in 2023. The forecasted values for the next five years indicate a steady increase: 5.66 in 2024, 6.0 in 2025, 6.33 in 2026, 6.66 in 2027, and 6.99 in 2028. Year-on-year variation shows a growth rate of 6.4% from 2023 to 2024 and an estimated average growth rate of approximately 5.6% from 2024 to 2028. The compound annual growth rate (CAGR) for the period from 2023 to 2028 is around 5.7%.

Future trends to watch for include advancements in geothermal technology, potential regulatory shifts to support renewable energies, and increased investments in sustainable infrastructure. These factors could influence the growth trajectory of geothermal energy in the coming decade.

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