Geothermal power consumption in Germany's industrial sector is projected to increase steadily from 0.62 GWh in 2024 to 0.72 GWh by 2028. In 2023, it stood slightly lower, marking a consistent upward trend. The year-on-year growth rate is expected to range between 3.23% to 4.35% from 2024 to 2028. This consistent growth underscores a modest yet encouraging expansion in adopting geothermal energy within the industry.
Future trends to watch for:
- Technological advancements enhancing efficiency could accelerate adoption.
- Policies favoring renewable sources might incentivize increased usage.
- Potential cost reductions in geothermal technology could drive higher final consumption rates.