NEW YORK, March 7, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Renewable Energy Generation from Conventional, Enhanced Geothermal Systems, and Co-Produced Resources: Market Analysis and Forecasts
As global energy demand increases and efforts to curb greenhouse gas emissions intensify, an increasing number of countries throughout the world are looking to tap domestic geothermal resources to drive low carbon development. A clean, base load source of power, geothermal offers consistent electricity production nearly 24 hours a day with little to no emissions. Worldwide potential is immense, but geothermal remains an underutilized resource and represents only a small fraction of the global renewable energy portfolio. Improved access to resource data, more efficient drilling processes, increased understanding about the industry's potential, and improving access to financing are driving expanding interest in the sector.
Today, more than 10.7 gigawatts (GW) of geothermal power capacity is online across 26 countries with a combined output of approximately 67 terawatt hours (TWh) of electricity. Currently, the United States is the global geothermal leader with 3,086 megawatt (MW) of installed capacity. Seven countries account for 88% of global capacity, and among countries utilizing geothermal resources, seven obtain 10-30% of their total electricity supply from domestic geothermal sources. Conventional geothermal resources account for nearly all online capacity. However enhanced geothermal systems (EGS), which holds the most theoretical potential, and co-produced wells provide potentially lucrative opportunities for expansion outside of rift zones or volcanically active regions throughout the world.
This Pike Research report analyzes the global market opportunity for electricity production from conventional, EGS, and co-produced geothermal resources. The study includes a comprehensive examination of market drivers, existing and emerging technologies, the public policy and regulatory environment, and key industry players. Global market forecasts, segmented by geography, extend through 2020 and include profiles of key countries actively developing geothermal power projects.
Key questions addressed:
What are the policy, technological, and economic market drivers for geothermal power?
Which regions are poised for the greatest growth in geothermal capacity worldwide?
What is the market outlook for geothermal conversion technologies?
What impact will EGS and other breakthrough technologies have on geothermal capacity worldwide?
What are the primary cost considerations for geothermal project development?
Who needs this report?
Geothermal power project developers
Geothermal consulting firms
Geothermal power technology suppliers
Drilling equipment and service providers
Turbine and equipment manufacturers
Environmental non-profit organizations
Investors and financial institutions
To order this report:
Intl: +1 805-652-2626