© 2016 Global Market Insights, Inc. USA. All Rights Reserved Geothermal Energy Market share research by applications and regions for 2017 – 2024

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Increasing electricity demand from off grid remote location coupled with rapid industrialization across developing countries will drive the global geothermal energy market. In Middle East electricity consumption was reached from 840 TWh in 2013 to 935 TWh in Ability to offer high thermal efficiency, reliability, stability, robustness, and baseload power will make its adoption favorable over other alternatives.geothermal energy market  Growing energy security concern due to rapid fossil fuel depletion will propel the geothermal energy market. Policy makers have introduced several initiatives including FIT, financial assistance, tax credit, and renewable portfolio standards to encourage the deployment of renewable energy resources which will further complement the industry landscape.  Stringent government regulation to curb carbon footprints will stimulate the geothermal energy market. In 2017, Germany set a target to reduce greenhouse gas emission by 40% by 2020 and 95% by 2050 from 1990 level under climate action program. It also aims to increase the renewable share in gross final energy consumption to 60% by Technological advancement to enhance the renewable resource utilization will further augment the industry landscape. Global Market Scenario of Geothermal Energy Industry

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  The U.S. geothermal energy market size for 2016 was over 2 GW. Increasing clean electricity demand coupled growing emission reduction measures will facilitate the industry growth. In 2015, the U.S. EPA introduced New Source Performance Standards under section 111 of clean air act to limit carbon dioxide gas emissions. Ease of availability for shallow ground temperature throughout the country may further complement the industry landscape.  Reasons to Buy This Report: 1. Geothermal Energy Market size & share forecast by product & application, Growth drivers, pitfalls & industry challenges 3. Geothermal Energy Market growth opportunities & emerging business models 4. Competitive benchmarking with market share analysis and company profiles  Increasing government and private funding to develop the country’s untapped energy sources will propel the Indonesia geothermal energy market. In 2015, Government of Indonesia set target to achieve 100% electrification by The country is also aiming to increase renewable energy utilization to at least 23% by 2025 under which geothermal accounted for 88%.  Growing electricity demand along with abundant availability of untapped resources will positively impact Ethiopia geothermal energy market. In 2014, approximately 73 million people were having lack of electricity access across the country. Continue…

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