Press release
Increasing Need for Renewable Energy Driving Demand for Geothermal Energy
“Rapidly depleting resources and increasing greenhouse emissions have triggered an urgent need to incorporate renewable energy sources. There is an immediate requirement to use alternative forms of energy such as geothermal energy,” reports Technavio analyst.
In spite of the need, high cost of capital hinders the growth of this market. However, geothermal energy’s high consistency in producing energy is expected to result in increased adoption.
The global geothermal energy market is marked by increased funding by several governments for this form of renewable energy. This makes the study an important one for companies to fully understand the potential in the market and formulate its own strategy.
The report, “Global Geothermal Energy Market 2010-2014” is based on an extensive research from inputs by industry experts, vendors and end-users. It examines the factors- including the key trends, drivers and challenges, impacting the evolution of this market. Further, it contains an in-depth understanding of the key vendors including their SWOT Analysis.
Companies mentioned in this report include: Calpine, Ormat Technologies and Chevron.
For further information, please visit http://technavio.com/content/global-geothermal-energy-market-2010-2014
Infiniti Research Limited
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Infiniti Research Limited
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London W1G 0PW
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Tel: 0044 (0)207 031 0969
E-Mail: ludmila@technavio.com
Web: http://www.technavio.com
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