Cost volatility and depletion of fossil fuels, along with scrutiny into the emissions of fossil fuel burning power plants have driven demand for both cleaner sources of energy and cleaner results from generating that energy. Advances in geothermal technology have now positioned renewable geothermal energy systems as a clean and economically viable alternative. Geothermal electric generation systems are increasingly leveraged to supplement and substitute conventional fuel sources around the world. In 2008, about 61 billion kilowatts of electricity were generated from geothermal electric power plants. Geothermal electricity now accounts for 0.3% of the world’s electric consumption.
Compared to conventional natural gas or fuel oil heat and air heat pumps, geothermal heat pumps offer many advantages. They have low operating, maintenance, and life cycle costs and a longer life expectancy than most conventional systems. Geothermal heat pumps leverage a renewable resource and are environmentally friendly. The global installed base of geothermal heat pump systems increased by nearly 61% from 1.065 million units in 2004 to 1.712 million in 2008.
Geothermal Energy Markets: Technologies and Products Worldwide includes a broad review of the global geothermal power systems and geothermal heat pump markets. The report provides a discussion of the technology utilized in geothermal energy production and recent technology enhancements. Historical and forecast (2004-2013) demand for each product type in power systems and heat pumps is quantified and projections for growth in demand are provided, along with the key factors influencing this growth. The report also provides profiles of companies active in geothermal energy production and geothermal heat pumps.
Report Methodology
The information in Geothermal Energy Markets: Technologies and Products Worldwide is based on primary and secondary research. Primary research entailed in-depth interviews with firms involved in the exploration and development of geothermal sites, consultants to the industry, and manufacturers of geothermal heat pumps to obtain information on developing technologies and factors shaping the industry. Secondary research entailed data gathering from relevant sources, including government and industry publications, company literature, and corporate annual reports.
What You’ll Get in This Report
Geothermal Energy Markets: Technologies and Products Worldwide contains important insights and projections regarding the future of this market around the world. No other market research report provides both the comprehensive analysis and extensive data that Geothermal Energy Markets: Technologies and Products Worldwide offers. Subscribers will benefit from extensive data, presented in easy-to-read and practical charts, tables and graphs.
How You’ll Benefit from This Report
If your company is already doing business in the geothermal power or geothermal heat pump market, or is considering entering the marketplace, you will find this report invaluable, as it provides a comprehensive package of information and insight not offered in any other single source. You will gain a thorough understanding of the current global market for geothermal power and geothermal heat pumps, as well as projected markets and trends through 2013.
This report will help:
* Marketing managers understand the market forces shaping the geothermal industry and identify market opportunities.
* Research and development professionals stay on top of competitor initiatives and explore demand for geothermal power and geothermal heat pumps.
* Business development executives understand the dynamics of the market and identify possible partnerships.
* Information and research center librarians provide market researchers, product managers, and other colleagues with the vital information they need to do their jobs more effectively.
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