Geothermal projects are growing all over Europe, delivering already electricity to 11 million consumers and heating and cooling to about 20 million people and 400 cities and factories.
The geothermal heating and cooling sector continues its growth in traditional markets; individual buildings, districts and greenhouses.
Sales and new installations of geothermal heat pumps were strong across nearly all countries, growth of ca 12%, with a new record in annual sales: about 155,000 units in 2023
The number of new geothermal district heating projects also continued to grow. 8 new district heating and cooling projects were commissioned last year in the European Union: 1 in Germany, 3 in Finland, 1 in the Netherlands, 2 in Romania and 1 in Slovakia.
Geothermal district heating and cooling (DHC) systems experienced steady growth in 2023, with a notable increase in new projects in preparation. By the end of 2023, there were 401 geothermal DHC systems in Europe. Europe’s total installed geothermal heating and cooling capacity reached 6 GWh across 29 countries. Around 64 new projects were announced.
(according to European Geothermal Market Report)