EGEC Releases the 2023 Geothermal Market Report

The geothermal industry enjoyed growing market development, but the journey from niche to mainstream energy demands a robust framework based on critical components.

The publication of the EGEC Geothermal Market Report provides an in-depth assessment of the geothermal industry’s evolution during the year 2023.

“As we present the 2023 Geothermal Market Report, we are facing a significant moment of growth and anticipation for the European geothermal market. 2023 was a year of significant transformation for geothermal”, says Miklos Antics, EGEC President.

For over a decade, the EGEC Geothermal Market report has been the go-to publication for the market intelligence of Europe’s geothermal sector. Renowned for its trustworthiness and authority, the report provides a comprehensive overview of the industry, covering electricity generation, heating and cooling systems, underground thermal storage, the development of the supply chain, and even the extraction of critical raw minerals like lithium, illuminating the latest trends into the European and global geothermal market.

The highly anticipated 2023 edition shows that:

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