In 2023, Italy led European geothermal power with 62.86 thousand GWh, slightly declining by 5.4%. Iceland followed with 48.02 thousand GWh, marking a significant 43% decrease. France and Germany showed growth, with rates of 3.02% and 8.67%, respectively. Notable expansions occurred in the Netherlands (14.98%) and Croatia (42.36%), while Portugal and others faced small declines. Overall, the diverse trend in geothermal energy highlighted regional shifts in development and capacity utilization.
Future trends to watch include increased investments in geothermal technology in Germany and France, potential policy-driven growth in the Netherlands, and sustained leadership by traditional geothermal countries such as Italy and Iceland.
Top countries in Geothermal Power Gross Available Energy by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 62,860 | 2023 | +1.43% | -0.054% | View data |
| 2 | 2 Iceland | 48,020 | 2023 | +1.51% | -0.43% | View data |
| 3 | 3 France | 5,870 | 2023 | +3.69% | +3.02% | View data |
| 4 | 4 Germany | 5,320 | 2023 | +6.91% | +8.67% | View data |
| 5 | 5 Portugal | 2,280 | 2023 | +2.6% | -1.38% | View data |
| 6 | 6 Netherlands | 2,080 | 2023 | +8.4% | +14.98% | View data |
| 7 | 7 Hungary | 1,920 | 2023 | +2.51% | +2.78% | View data |
| 8 | 8 Croatia | 612.21 | 2023 | +4.45% | +42.36% | View data |
| 9 | 9 Romania | 498.27 | 2023 | +13.36% | +1.4% | View data |
| 10 | 10 Austria | 453.41 | 2023 | +2.83% | +0.049% | View data |
