Geothermal Energy Market a Comprehensive Analysis | Key Players - U.S. Geothermal, Exergy, Chevron, Haliburton, Reykjavik geothermal, Enel Green Power, and Calpine
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Easy availability of low temperature resources along with stringent regulation to minimize environmental impact will fuel the U.S. geothermal energy market growth. Regulations including National Ambient Air Quality Standards has been introduced to limit industrial emission including SOx and NOx. Increasing demand for energy efficient system for heating and cooling applications from commercial and residential sector will further influence the industry growth.
Increasing demand to recover heat from low to medium temperature reservoirs will propel binary geothermal energy market share. Improved thermal efficiency and strong environmental benefits makes it a preferable option when compared with available counterparts. In 2016, Costa Rica announced to expand its Las Pailas installed capacity by 165 MW, which is expected to be operational by 2018. Flash geothermal energy market will witness strong growth owing to its ability to generate electricity by utilizing water dominated reservoirs with temperature greater than 1800C.
Japan geothermal energy market share is predicted to expand over 8% by 2024.Introduction of several incentives including feed in tariff to encourage renewable energy adoption will favor the business growth. In 2016, Japan Ministry of Economic Trade and Industry has introduced USD 0.26 FIT for less than 150MW and USD 0.36 FIT for greater than 150MW geothermal power plants.
Increasing electricity demand along with growing investment towards renewable energy will foster the Ethiopia geothermal energy market. In 2013, the country announced to invest USD 4 billion to build 1000 MW Corbetti geothermal power plant out of which first phase 500 MW is expected to be operational by 2018. In Ethiopia, over 69% of the total population lacks access to electric grid.
Key participant in geothermal energy market includes Mitsubishi heavy industry, Ansaldo Energia, TAS Energy, Chevron, Enel Green Power, Ormat, Calpin, Terra Gen, Fuji Electric, General Electric, Exergy, Reykjavik, Terra Gen, Turboden, Toshiba, and U.S. Geothermal.
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Table of Content:
Chapter 1. Methodology and Scope
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Market definitions and forecast parameters
1.2. Data sources
Chapter 2. Executive Summary
2.1. Geothermal Energy industry 3600 synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Technology trends
2.1.3. Regional trends
Chapter 3. Geothermal Energy Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.4. Innovation & sustainability
3.5. Regulatory landscape
Chapter 4. Geothermal Energy Market, By Technology
4.1. Global market share by technology, 2016 & 2024
4.2.1. Binary market, 2013 – 2024
4.2.2. Binary market volume by region, 2013 – 2024
4.2.3. Binary market revenue by region, 2013 – 2024
4.3. Single Flash
4.3.1. Single flash market, 2013 – 2024
4.3.2. Single flash market volume by region, 2013 – 2024
4.3.3. Single flash market revenue by region, 2013 – 2024
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