In 2023, geothermal power electricity production capacity in Germany stood at 52 Megawatts. The forecasted data from 2024 to 2028 shows a steady year-on-year growth: 5.8% in 2024, 5.5% in 2025, 5.2% in 2026, 4.9% in 2027, and 4.7% in 2028. Over the last two years (2023 to 2024), the growth was 5.8%. The Compound Annual Growth Rate (CAGR) over the last five years stands at approximately 5.2%, indicating a consistent upward trend in geothermal energy production capacity.
Future trends to watch for include technological advancements that could further increase geothermal efficiency, new policy incentives to boost renewable energy, and potential international investments in Germany's geothermal infrastructure. Additionally, the integration of geothermal energy storage systems could enhance the reliability and flexibility of the energy supply.
