The geothermal power energy supply in Germany recorded a value of 19.15 thousand terajoules in 2023. The forecast from 2024 to 2028 indicates a consistent increase, beginning at 20.37 in 2024 and reaching 25.16 thousand terajoules by 2028. Year-on-year growth shows an average increase of approximately 6% annually, representing a healthy upward trend. The compound annual growth rate (CAGR) for this period is around 5.8%.
Future trends to watch for in the geothermal energy sector in Germany include:
- Technological advancements that enhance efficiency and reduce costs.
- Regulatory and policy support to expand geothermal power projects.
- Integration with other renewable energy sources for a more balanced energy mix.
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