Geothermal Electric Power Generation Global Market Report 2020 - By Type (Back Pressure, Binary, Double Flash, Dry Steam, Single Flash, Triple Flash), By End-user (Dry Steam Power Stations, Flash Steam Power Stations, Binary Cycle Power Station)

Geothermal Electric Power Generation Global Market Report 2020

Starting Price : $4000.00 $3200.00 | Pages : 150 | Published : March 2024 | Delivery Time: 2-3 business days | Format : pdf

Need assistance or more information before the purchase?

Enquire Before Buying

Proud Members Of

checkslacipN checkaoirsN checkscipN

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 electric power generation market reached a value of nearly $3.8 billion in 2019, having grown at a compound annual growth rate (CAGR) of -1.27% since 2015, and is expected to grow at a CAGR of 5.46% to nearly $4.7 billion by 2023.

The geothermal electric power generation market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. North America was the largest region in the geothermal electric power generation market in 2019.

The geothermal electric power generation market is being financially supported by governments globally. The government provides grants and other support to stimulate sustainable form of energy. For instance, in 2019, the U.S. Department of Energy (DOE) announced its contribution of $2 million in GEOTHERMICA to support the advance geothermal research and development. GEOTHERMICA is a transnational consortium that combines financial resources and research expertise to promote and support novel concepts, uses of geothermal energy in countries over EU (European Union). Formation of such consortium coupled with financial support by the government agencies promotes the growth of geothermal electric power market.

The environmental consequences caused by drilling earth’s surface for geothermal electric power generation restricts the growth of geothermal electric power generation market. Geothermal system involves forcing the pathways for earth`s trapped heat to reach the surface to generate power and creates fractures on the earth’s surface. The construction of a geo thermal electric power plant makes the surface uneven and more vulnerable to earthquakes. Other concerns regarding geothermal electric power generation includes the potential for surface instability, and sudden sulfur dioxide and silica emissions. For instance, in 2018 an earthquake with a magnitude of 5.5 reported, in Pohang, South Korea, injured dozens and forced more than 1,700 of the city’s residents into emergency housing .The earthquake was directly linked to the increased geothermal electric power generation in the area using  enhanced geothermal system(EGS). It involved drilling deep into the earth and removing water and steam that triggered small earthquakes. The increased risk of earthquakes and other environment related concerns hampers the growth of geothermal electric power generation market.

The companies in geothermal electric power generation market are investing in new technologies to make geothermal energy easily accessible to generate electricity and for other heating purposes. The large amount of geothermal energy is extracted only from places where it is easy to access very hot water. However, in countries like the UK and France, the availability of such hot water or hot water steam is very less as compared to places with volcanoes, such as Iceland and Indonesia. Following which companies are investing towards new approaches to make geothermal energy easily extractable and available. For instance, Climeon, a Sweden based company, invented technology that operates in temperatures between 70°C-120°C and uses the temperature differences between hot and cold water to produce electricity. The method, unlike solar and wind power, is continuously available and is not affected by the weather.

In 2018, Innergex Renewable Energy Inc., a North America based operator of run-of-river hydroelectric facilities, wind energy, and solar farm, acquired Alterra Power Corp.for $1.1 billion. Through the acquisition Innergex Renewable Energy Inc aims to expand its presence in the USA, Canada, Latin America and Europe markets. The acquisition increases Innergex`s generation capacity to 1,609 MW (gross 2,896 MW). Alterra Power Corp. is a Canada based renewable power generation company that develops, owns and operates hydroelectric, wind, solar energy and geothermal projects.

The major players in the global 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 report are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, Australia

The Global Geothermal Electric Power Generation 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

    Table Of Contents

    1. Executive Summary

    2. Geothermal Electric Power Generation Market Characteristics

    3. Geothermal Electric Power Generation Market Size And Growth

    3.1. Global Geothermal Electric Power Generation Historic Market, 2015 - 2019, $ Billion

    3.1.1. Drivers Of The Market

    3.1.2. Restraints On The Market

    3.2. Global Geothermal Electric Power Generation Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

    3.2.1. Drivers Of The Market

    3.2.2. Restraints On the Market

    4. Geothermal Electric Power Generation Market Segmentation

    4.1. Global Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Back Pressure

    Binary

    Double Flash

    Dry Steam

    Single Flash

    Triple Flash

    4.2. Global Geothermal Electric Power Generation Market, Segmentation By End-user , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Dry steam power stations

    Flash steam power stations

    Binary cycle power station

    5. Geothermal Electric Power Generation Market Regional And Country Analysis

    5.1. Global Geothermal Electric Power Generation Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    5.2. Global Geothermal Electric Power Generation Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    6. Asia-Pacific Geothermal Electric Power Generation Market  

    6.1. Asia-Pacific Geothermal Electric Power Generation Market Overview  

    6.2. Asia-Pacific Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    7. China Geothermal Electric Power Generation Market  

    7.1. China Geothermal Electric Power Generation Market Overview  

    7.2. China Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion

    8. India Geothermal Electric Power Generation Market  

    8.1. India Geothermal Electric Power Generation Market Overview  

    8.2. India Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    9. Japan Geothermal Electric Power Generation Market  

    9.1. Japan Geothermal Electric Power Generation Market Overview  

    9.2. Japan Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    10. Australia Geothermal Electric Power Generation Market  

    10.1. Australia Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    11. Indonesia Geothermal Electric Power Generation Market  

    11.1. Indonesia Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    12. South Korea Geothermal Electric Power Generation Market  

    12.1. South Korea Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    13. Western Europe Geothermal Electric Power Generation Market  

    13.1. Western Europe Geothermal Electric Power Generation Market Overview

    13.2. Western Europe Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    14. UK Geothermal Electric Power Generation Market  

    14.1. UK Geothermal Electric Power Generation Market Overview

    14.2. UK Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    15. Germany Geothermal Electric Power Generation Market  

    15.1. Germany Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    16. France Geothermal Electric Power Generation Market  

    16.3. France Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    17. Eastern Europe Geothermal Electric Power Generation Market  

    17.1. Eastern Europe Geothermal Electric Power Generation Market Overview

    17.2. Eastern Europe Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    18. Russia Geothermal Electric Power Generation Market  

    18.1. Russia Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    19. North America Geothermal Electric Power Generation Market  

    19.1. North America Geothermal Electric Power Generation Market Overview

    19.2. North America Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    20. USA Geothermal Electric Power Generation Market  

    20.1. USA Geothermal Electric Power Generation Market Overview

    20.2. USA Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    21. South America Geothermal Electric Power Generation Market  

    21.1. South America Geothermal Electric Power Generation Market Overview

    21.2. South America Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    22. Brazil Geothermal Electric Power Generation Market  

    22.1. Brazil Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    23. Middle East Geothermal Electric Power Generation Market  

    23.1. Middle East Geothermal Electric Power Generation Market Overview

    23.2. Middle East Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    24. Africa Geothermal Electric Power Generation Market  

    24.1. Africa Geothermal Electric Power Generation Market Overview

    24.2. Africa Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    25. Geothermal Electric Power Generation Market Competitive Landscape And Company Profiles

    25.1. Geothermal Electric Power Generation Market Competitive Landscape

    25.2. Geothermal Electric Power Generation Market Company Profiles

    25.2.1. Calpine Corp

    25.2.1.1. Overview

    25.2.1.2. Products and Services

    25.2.1.3. Strategy

    25.2.1.4. Financial Performance

    25.2.2. Comision Federal de

    25.2.2.1. Overview

    25.2.2.2. Products and Services

    25.2.2.3. Strategy

    25.2.2.4. Financial Performance

    25.2.3. Energy Development Corp.

    25.2.3.1. Overview

    25.2.3.2. Products and Services

    25.2.3.3. Strategy

    25.2.3.4. Financial Performance

    25.2.4. Electricadad (CFE) Enel SpA

    25.2.4.1. Overview

    25.2.4.2. Products and Services

    25.2.4.3. Strategy

    25.2.4.4. Financial Performance

    25.2.5. Chevron Corporation

    25.2.5.1. Overview

    25.2.5.2. Products and Services

    25.2.5.3. Strategy

    25.2.5.4. Financial Performance

    26. Key Mergers And Acquisitions In The Geothermal Electric Power Generation Market

    27. Geothermal Electric Power Generation Market Trends And Strategies

    28. Geothermal Electric Power Generation Market Future Outlook and Potential Analysis

    29. Appendix

    29.1. Abbreviations

    29.2. Currencies

    29.3. Research Inquiries

    29.4. The Business Research Company

    29.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 3: Global Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 4: Global Geothermal Electric Power Generation Market, Segmentation By End-user , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 5: Global Geothermal Electric Power Generation Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 6: Global Geothermal Electric Power Generation Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 7: Asia-Pacific, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 8: China, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 9: India, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 10: Japan, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 11: Australia, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 12: Indonesia, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 13: South Korea, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 14: Western Europe, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 15: UK, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 16: Germany, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 17: France, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 18: Eastern Europe, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 19: Russia, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 20: North America, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 21: USA, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 22: South America, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 23: Brazil, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 24: Middle East, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 25: Africa, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 26: Calpine Corp Financial Performance
  • Table 27: Comision Federal de Financial Performance
  • Table 28: Energy Development Corp. Financial Performance
  • Table 29: Electricadad (CFE) Enel SpA Financial Performance
  • Table 30: Chevron Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 3: Global Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 4: Global Geothermal Electric Power Generation Market, Segmentation By End-user , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 5: Global Geothermal Electric Power Generation Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 6: Global Geothermal Electric Power Generation Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 7: Asia-Pacific, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 8: China, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 9: India, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 10: Japan, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 11: Australia, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 12: Indonesia, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 13: South Korea, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 14: Western Europe, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 15: UK, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 16: Germany, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 17: France, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 18: Eastern Europe, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 19: Russia, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 20: North America, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 21: USA, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 22: South America, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 23: Brazil, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 24: Middle East, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 25: Africa, Geothermal Electric Power Generation Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 26: Calpine Corp Financial Performance
  • Figure 27: Comision Federal de Financial Performance
  • Figure 28: Energy Development Corp. Financial Performance
  • Figure 29: Electricadad (CFE) Enel SpA Financial Performance
  • Figure 30: Chevron Corporation Financial Performance
View Report
View Report
View Report
View Report
View Report
View Report
View Report

Frequently Asked Questions

What is the definition of the geothermal electric power generation market?

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. request a sample here

How will the geothermal electric power generation market drivers and restraints affect geothermal electric power generation market dynamics? What forces will shape the geothermal electric power generation industry going forward?

The geothermal electric power generation market growth is aided by financially support by governments. However, some geothermal electric power generation market restraints include increased risk of earthquakes and other environment related concerns request a sample here

What is the forecast market size of the geothermal electric power generation market?

The geothermal electric power generation market forecast is expected to reach $4.7 billion in 2023 at a compound annual growth rate of 5.46%. request a sample here

How is the geothermal electric power generation market segmented?

The global geothermal electric power generation 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
request a sample here

Which region has largest share, and what is the market size and growth by geography according to the geothermal electric power generation global market report?

For more detail on this, request a sample here.

Who are the key players of the global geothermal electric power generation market?

Top competitors in 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., a request a sample here.

What are the key trends in the global geothermal electric power generation market?

Major trends influencing the geothermal electric power generation market include investing in new technologies to make geothermal energy easily accessible to generate electricity and for other heating purposes request a sample here.

What are the major opportunities in the geothermal electric power generation market and the approaches companies can take to take advantage of them?

For detail on the future and current opportunities in the global geothermal electric power generation market, request a sample here.

How does the geothermal electric power generation market relate to the overall economy and other similar markets?