Iceland leads European geothermal power gross heat production significantly with 39.03 thousand terajoules in 2023, followed by France at 7.67 and Hungary at 3.15 thousand terajoules. Germany and Italy are also key contributors with 2.26 and 1.14 thousand terajoules respectively. Smaller producers include Austria, Romania, Slovakia, Belgium, Denmark, and Slovenia. Year-on-year changes in 2023 indicate notable increases in Germany (11.14%), Italy (5.45%), and France (5.07%), while Denmark saw a decline of 8.65%. Over the past five years, the sector has experienced steady growth overall, with varied performance across countries.
Future trends to watch include potential technological advancements and policy changes that may drive further investment and expansion in geothermal power. Countries like Germany and France may continue their upward trajectory, while Denmark needs to address its decline for future stability.
Top countries in Geothermal Power Gross Heat Production by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 39,030 | 2023 | +3.31% | +3.52% | View data |
| 2 | 2 France | 7,670 | 2023 | +4.01% | +5.07% | View data |
| 3 | 3 Hungary | 3,150 | 2023 | +3.51% | +4.17% | View data |
| 4 | 4 Germany | 2,260 | 2023 | +7.88% | +11.14% | View data |
| 5 | 5 Italy | 1,140 | 2023 | +3.24% | +5.45% | View data |
| 6 | 6 Austria | 587.42 | 2023 | +3.44% | +0.48% | View data |
| 7 | 7 Romania | 273.43 | 2023 | +2.35% | +2.18% | View data |
| 8 | 8 Slovakia | 143 | 2023 | +1.42% | -2.1% | View data |
| 9 | 9 Belgium | 56 | 2023 | 0% | +1.3% | View data |
| 10 | 10 Denmark | 35.02 | 2023 | +8.22% | -8.65% | View data |
