Iceland dominates European geothermal heat production, contributing significantly to total output. From 2023, all observed countries except Austria and Denmark showed growth, with notable increases in France (4.86%) and Germany (14.9%), indicating robust investment and infrastructure development. Austria and Denmark experienced declines, with Denmark dropping by 8.47%. Over a five-year period, the sector displayed steady expansion, highlighted by Germany's aggressive double-digit rise and consistent advancements in France and Hungary.
Future trends to watch for include:
- Technological advancements in geothermal extraction.
- Increased investment in traditionally low-production regions.
- Enhanced cross-border energy collaborations.
- Potential policy shifts supporting sustainable energy transition.
Top countries in Gross Heat Production from Geothermal Power Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 72.8 | 2023 | +4.36% | +4.42% | View data |
| 2 | 2 France | 13.55 | 2023 | +3.79% | +4.86% | View data |
| 3 | 3 Hungary | 5.14 | 2023 | +1.21% | +2.29% | View data |
| 4 | 4 Germany | 4.77 | 2023 | +11.89% | +14.9% | View data |
| 5 | 5 Italy | 1.7 | 2023 | +2.77% | +1.61% | View data |
| 6 | 6 Austria | 0.95 | 2023 | +1.29% | -1.4% | View data |
| 7 | 7 Romania | 0.5 | 2023 | +2.78% | +2.52% | View data |
| 8 | 8 Slovakia | 0.35 | 2023 | +2.88% | +4.45% | View data |
| 9 | 9 Belgium | 0.1 | 2023 | +0.0064% | +1.27% | View data |
| 10 | 10 Denmark | 0.063 | 2023 | +8.15% | -8.47% | View data |