Home About Us Categories Latest Reports News Room Contact us

Geothermal Energy Market Size By Technology (Binary, Single Flash, Double Flash, Triple Flash, Dry, Back Pressure), Industry Analysis Report, Country Outlook, Covid-19 Impact Analysis Competitive Market Share & Forecast, 2021 – 2027

Report Code: 82451

Industry: Energy & Power

Published On: 2022-09-17

Pages: 200

Publisher : MMI

Industry Trends

Geothermal Energy Market size surpassed 15 GW in 2020 and is anticipated to register over 1.7% CAGR between 2021 and 2027. Increasing electricity demand from the off grid remote locations coupled with rising investments and research & development activities toward advanced technologies will create substantial market opportunities for various industry players present across the globe.

Geothermal Energy Market

Get more details on this report - 

Geothermal is a reliable and constant source of energy that can be extracted without burning any external fuel. The energy can be harnessed from underground sources including shallow subsurface, hot rocks, and reservoirs of hot dry steam and wet steam. The geothermal applications are highly influenced by the factors including steam and water temperature, accessibility & reservoir porosity, and permeability. Depending on its characteristics, the energy can be used for cooling and district heating purposes or for electricity generation.

The energy is though available all over the earth, there is a very limited percentage of the energy which can be harnessed for power generation and heating applications due to a small percentage of explorable land with suitable pockets of steam and water. Introduction of a variety of policies targeted at clean fuel adoption coupled with rising investments toward advanced technology production will further stimulate the business scenario. In addition, strict implementation of policies to limit the amount of GHG emissions and particulate matter will accelerate the geothermal energy market share in the forecasted timeline.

Geothermal Energy market research report includes in-depth coverage of the industry with estimates & forecast in terms of “USD” from 2017 to 2027, for the following segments:

By Technology

Single Flash
Double Flash
Triple Flash
The above information has been provided for the following countries:

New Zealand
Costa Rica
El Salvador
Rest of World

Request For TOC

To receive a sample copy of this report, please complete the form below

Kindly share your specific requirement (if any)