NewEnergyNews: GEOTHERMAL IN THE WORLD RIGHT NOW

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    Friday, May 22, 2015

    GEOTHERMAL IN THE WORLD RIGHT NOW

    The International Geothermal Market At a Glance

    May 2015 (Geothermal Energy Association)

    “…[T]he international geothermal market continues to grow at a steady pace. Having sustained a 5% annual growth rate in the last three years, the global market currently comprises 12.8 GW of operating capacity dispersed among 24 countries, with 11.5-12.3 GW of capacity additions (as of the end of 2014) and over 630 projects dispersed throughout 80 countries. GEA forecasts, as outlined in the 2015 Annual U.S. & Global Geothermal Power Production Report, that the global market will reach 14.5-17.6 GW by 2020, with the international market thus far having only tapped 6.5% of total global potential for geothermal power, based on current geologic knowledge and technology…” click here for more

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