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2021 Geothermal Electricity Market | Growth Drivers, Estimated Revenue, Industry Analysis, Emerging Trends, And Forecast To 2030
Geothermal Electric Power Generation Market
The geothermal electric power generation market report describes and explains the global geothermal electric power generation market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The geothermal electric power generation market consists of sales of geothermal electric power and related services. Geothermal energy is derived using the earth's internal heat energy to generate steam through a series of wells and is fed to the power plant to generate electricity.
The global geothermal electricity market is expected to grow from $3.64 in billion 2020 to $3.8 billion in 2021 at a compound annual growth rate (CAGR) of 4.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $4.85 billion in 2025 at a CAGR of 6%.
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Some of the major players of the geothermal electric power generation market are Calpine Corp, Comision Federal de, Energy Development Corp., Electricadad (CFE) Enel SpA, Chevron Corporation, Comision Federal De Electricadad (CFE), Enel SPA., U.S. Geothermal Inc., and KenGen, Contact Energy.
The countries covered in the global geothermal electric power generation market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global geothermal electric power generation market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global geothermal electricity market is segmented -
1) By Type: Back Pressure, Binary, Double Flash, Dry Steam, Single Flash, Triple Flash
2) By End-User: Dry Steam Power Stations, Flash Steam Power Stations, Binary Cycle Power Station
3) By Application: Residential, Commercial, Industrial, Others
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Few Points From Table Of Content
1. Executive Summary
2. Geothermal Electric Power Generation Market Characteristics
3. Geothermal Electric Power Generation Market Trends And Strategies
4. Impact Of COVID-19 On Geothermal Electric Power Generation
5. Geothermal Electric Power Generation Market Size And Growth
…
26. Africa Geothermal Electric Power Generation Market
27. Geothermal Electric Power Generation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Geothermal Electric Power Generation Market
29. Geothermal Electric Power Generation Market Future Outlook and Potential Analysis
30. Appendix
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