Geothermal energy is used for two primary purposes: direct use and power generation. This report deals exclusively with the use of geothermal energy for power generation purposes. Geothermal energy is renewable in nature; however, it displays features of conventional power generation methods due to high capacity factors and ability to supply base load. Low emissions and non-reliance on fossil fuels are major drivers for the industry. Strong regulatory and policy framework in numerous countries across the world would foster and sustain development in the sector in the long-term.

1. REPORT DESCRIPTION
Geothermal Energy Market - Global Industry Association, Analysis and
Forecast 2013- 2019. By Transperancy Market Research.
Geothermal energy is a type of heat energy that is produced in the earth’s core. This energy
is utilized in a wide range of applications from power stations to simple pumping systems.
Geothermal energy is considered as a renewable source of energy since the water which is
captured in the form of heat while extracting geothermal energy is continuously replenished
by rainfall and again the heat generated from it can be used. A major concentration of
geothermal energy on the planet is in the area bordering the Pacific Ocean and is called the
Ring of Fire.
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energy-market.html
Transparency Market Research
Geothermal Energy Market
- Global Industry Analysis,
Size, Share, Growth,
Trends and Forecast, 2012
- 2018
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Published Date: June 2014
147 Pages Report

2. There are two types of geothermal systems – hydrothermal and hot rock or enhanced
geothermal systems. The most important type of geothermal energy is hydrothermal energy
which is most widely used for generating electricity.
Increasing concerns regarding energy security, economic growth in developing markets,
rising costs of fossil fuels, several incentives given by European countries, new technologies
like binary technology, which can use even moderate temperatures to generate a decent
amount of electricity, are some of the major drivers that are significantly fuelling this
market. The major impediments which this industry faces include initial financing of large
scale projects, resource development risks like failure of drilling wells and insufficient
productivity, lack of skilled labor to work on the projects, issues related to drilling rigs and
market and network issues like proximity to the market and network capital costs. Also,
there are some environmental problems in producing geothermal energy like release of
hydrogen sulfide and disposal of toxic geothermal fluids while extraction.
Challenges to this industry are carrying out efficient programs for land leasing where
reserves of geothermal energy are located, better drilling assistance in terms of accurate
positioning of the site and its viability, and significant financial support needed to establish
the plants at the desired locations.
The United States of America has the largest amount of installed capacity and is succeeded
by Philippines, Indonesia, Mexico, and Italy. Currently there are over 150 projects under
development in the U.S.. On the other hand, China is the largest direct user of geothermal
energy followed by the United States, Sweden, and Turkey.
Some of the players of this sector include Ormat Technologies, Chevron, Calpine, US
Geothermal, Raser Technologies, AltaRock Energy, Enel Green Power North America,
Gradient Resources, Islandsbanki, MidAmerican Energy Holdings Company., Nevada
Geothermal Power Inc. , Ram Power, Terra-Gen Power, ThermaSource, Cyrq Energy,
Scientific Drilling International (SDI), and Toshiba International Corporation.
This research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this research report
include
- North America
- Asia Pacific
- Europe

3. - Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and
restraints. It provides market projections for the coming years. It includes analysis of recent
developments in technology, Porter’s five force model analysis and detailed profiles of top
industry players. The report also includes a review of micro and macro factors essential for
the existing market players and new entrants along with detailed value chain analysis.
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