The calculated inland consumption of geothermal power in Denmark for 2024 is forecasted to be 83.41 terajoules, up from the actual consumption figures of previous years. This upward trend continues with forecasted values of 83.93 terajoules in 2025, 84.42 terajoules in 2026, 84.87 terajoules in 2027, and 85.29 terajoules in 2028.
Year-on-year percentage variations are as follows:
- 2024 to 2025: 0.62%
- 2025 to 2026: 0.58%
- 2026 to 2027: 0.53%
- 2027 to 2028: 0.49%
The compound annual growth rate (CAGR) over the last five years (including forecasted periods) indicates an average increase of approximately 0.55% per year.
Future trends to watch for include policy changes that may impact investment in renewable energy sources, advancements in geothermal technology, and potential shifts in energy consumption patterns due to increased environmental awareness and changing economic dynamics. Stakeholders should also monitor international commitments to climate change initiatives, which could drive further growth in renewable energy consumption.
