In 2023, Iceland led European geothermal power gross heat production with a significant share of 71.79 terajoules, maintaining its status as the dominant source. France followed at 14.1 terajoules, while Hungary and Germany showed moderate figures of 5.8 and 4.16 terajoules, respectively. The remaining countries, including Italy, Austria, Romania, and others, represented lower contributions below 3 terajoules each. Year-on-year, Germany experienced the highest increase at 11.14%, indicating notable expansion, while Denmark witnessed a decline of 8.65%. Variations in other countries ranged from slight growth in France and Hungary to marginal shifts in Slovakia and Belgium.
Future trends to watch for include:
- Continued growth in Germany as technological advancements and investments drive output.
- Potential policy incentives in France to boost its geothermal capacity further.
- Monitoring Denmark for strategic shifts to reverse declining trends.
- Broad European push towards sustainable energy may elevate geothermal investments and developments across lesser-producing countries.
Top countries in Geothermal Power Gross Heat Production Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 71.79 | 2023 | +3.31% | +3.52% | View data |
| 2 | 2 France | 14.1 | 2023 | +4.01% | +5.07% | View data |
| 3 | 3 Hungary | 5.8 | 2023 | +3.51% | +4.17% | View data |
| 4 | 4 Germany | 4.16 | 2023 | +7.88% | +11.14% | View data |
| 5 | 5 Italy | 2.1 | 2023 | +3.24% | +5.45% | View data |
| 6 | 6 Austria | 1.08 | 2023 | +3.44% | +0.48% | View data |
| 7 | 7 Romania | 0.5 | 2023 | +2.35% | +2.18% | View data |
| 8 | 8 Slovakia | 0.26 | 2023 | +1.42% | -2.1% | View data |
| 9 | 9 Belgium | 0.1 | 2023 | 0% | +1.3% | View data |
| 10 | 10 Denmark | 0.064 | 2023 | +8.22% | -8.65% | View data |
