Geothermal Power Generation Market Analysis Report 2023 to 2031
Geothermal Power Generation Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 15,453.3 Million |
Market Size by 2031 | US$ 27,149.2 Million |
Global CAGR (2023 - 2031) | 7.3% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Plant Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Geothermal Power Generation Market News and Recent Developments
The geothermal power generation market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the geothermal power generation market are listed below:
- Fervo Energy breaks ground on the next-generation geothermal plant. This facility is 400 MW in Beaver County, Utah. Fervo Energy will use enhanced geothermal technology to harness heat sources. (Source: Fervo Energy, Press Release, September 2023)
- Exergy International (Provider of clean energy technology) signed an agreement with Energy Development Corporation (EDC) for the supply of a 28 MW binary system plant in Leyte, Eastern Visayas (the Philippines). (Source: Exergy International, Press Release, August 2023)
Geothermal Power Generation Market Report Coverage and Deliverables
The “Geothermal Power Generation Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Geothermal power generation market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Geothermal power generation market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Geothermal power generation market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the geothermal power generation market
- Detailed company profiles