Geothermal: International Market Overview Report


Geothermal Energy Association
Dan Jennejohn
Brigitte Hines
Karl Gawell
Leslie Blodgett
1 May 2012

This market report from the Geothermal Energy Association provides an overview of the international geothermal power industry in 2011-2012. The authors find that global geothermal energy growth has far outpaced growth in the United States. They attribute this international growth to economic growth in developing regions; rural electrification; and increasing concerns for energy security and its effects on the economy. Furthermore, the authors find that government policies are driving geothermal growth in nearly every geothermal region, except in the United States, due to policy uncertainty.