Geothermal Power Generation Market

Geothermal Power Generation Market (Technology: Dry Steam, Flash Steam, and Binary Cycle) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Geothermal Power Generation Market Outlook 2031

  • The global geothermal power generation market was valued at US$ 10.09 Bn in 2020
  • It is estimated to expand at a CAGR of 13.38% from 2021 to 2031
  • The global geothermal power generation market is expected to reach the US$ 40.15 Bn by the end of 2031

Analysts’ Viewpoint on Geothermal Power Generation Market Scenario

The global geothermal power generation market is expected to witness potential growth opportunities in the upcoming years due to proven environmental benefits. The global market is expanding rapidly due to installed capacity and investments. It is a cost-efficient alternative for energy utilization. In addition, the growing popularity of renewable geothermal power generation is expected to grow at a progressive rate in the near future. However, companies are facing some challenges in the global geothermal power generation market such as resource availability constraints, high capital costs, emission issues, etc. Geothermal power generation plants are most likely to be set up in regions surrounding the Pacific Rim. This is limiting the growth of the market in most other regions and thus, players need to invest carefully.

Rise in Awareness about Environmental Benefits to Drive Global Market

The global geothermal power generation market is majorly driven by factors such as environmental benefits of geothermal energy, cost efficiency, enhanced scalability, etc. In addition, favorable policies and high-capacity utilization & stability are projected to accelerate the market growth over the next few years. Market players are focusing on mergers & acquisitions to grab promising opportunities in the near future. Technological advancement in geothermal power generation is expected to accelerate the growth opportunities in the upcoming years. Moreover, increase in adoption of technology such as binary cycle, flash steam, dry steam, etc. is expected to boost the market. The rise in demand for binary cycle power plants across the globe is projected to contribute to the rapid expansion of the market.

Geothermal power generation plants emit very less carbon dioxide as compared to conventional power systems driven by coal. Geothermal plants have much lesser land requirements as compared to other power plants, thus driving their demand. Geothermal plants have the capacity to operate 24 hours a day. All these factors are expected to boost the demand for geothermal power plants.

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Increase in Adoption and Popularity of Binary Cycle Technology to Accelerate Market Growth

The rising popularity of the binary cycle technology is due to its efficiency and enhanced performance. In order to harness the geothermal energy, there is an unavailability of high heat resources across the globe. Thus, there is an increasing demand for efficient energy generation technology such as the binary cycle technology. This technology allows harnessing the energy even at low quality heat. Extreme heat resources are not available abundantly; this is a major issue while harnessing the geothermal energy.

The development of the binary cycle technology is extremely useful in this scenario. Thus, binary cycle plants enable the efficient use of geothermal resources and will open many new doors of opportunities in the market. Plants using the binary cycle technology emit virtually no carbon dioxide and thus, form an attractive option for power generation in terms of environmental compliance perspective.

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Growth of Market Due to Presence of Key Contributors

The growing presence of market contributors across the globe can be attributed to the global geothermal power generation market expansion. There is a healthy competition between market players operating in the global geothermal power generation market. Key market players are focusing on developing the energy-efficient technologies to fulfill energy demands. Companies in the global geothermal power generation market are accelerating their services to unlock revenue opportunities to obtain competitive benefits. Market stakeholders are extending their services arms to gain a competitive edge in the global market.

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Asia Pacific Market Players Gaining Competitive Benefits

Asia Pacific is expected to account for a significant share of the global geothermal power generation market during the forecast period. Some of the major factors responsible for the market growth are highest installation capacity, availability of high temperature resources, etc. North America is also expected to witness lucrative opportunities due to rising demand for binary cycle power plants in this region. A large number of geothermal energy resources are present in the underdeveloped and unexplored regions of Asia Pacific. This factor is attributable to the rapid expansion of the market. The North America geothermal power generation market is driven by increase in implementation of the binary cycle power plants technology in the United States.

Geothermal Power Generation Market: Overview

  • The global geothermal power generation market is expected to grow at a robust pace on the basis of installed capacity and investments
  • Environmental benefits offered by geothermal power generation such as cost-competitive pricing and high-capacity utilization are the primary factors estimated to boost the overall market over the next few years. As geothermal power generation is considered renewable and has the capability of supplying base load demand, this market is projected to grow at a progressive rate in the near future.

Favorable Policies and Environmental Benefits to Augment Geothermal Power Generation Market

  • Cost competitive tariffs, enhanced scalability, and environmental benefits, including GHG emissions are some of the primary factors estimated to drive the global geothermal power generation market over the next few years. In addition, favorable policies and high-capacity utilization and stability are projected to accelerate the market growth in the next few years. On the flip side, high capital costs, emission issues, and limited availability of resources are vital factors restricting the geothermal power generation market across the globe. Nevertheless, rise in number of mergers & acquisitions and strategic alliances is estimated to offer promising opportunities in the near future.
  • Based on technology, the global geothermal power generation market has been categorized into binary cycle, flash steam, and dry steam. Rise in uptake of these technologies in the overall energy sector is substantially boosting demand in the global market. Among the key technologies, the flash steam segment is estimated to lead the global market and account for a massive share throughout the forecast period.
  • On the other hand, increase in demand for binary cycle power plants across the globe is projected to contribute extensively toward the growth of the binary cycle segment in the near future

Promising Opportunities and Underdeveloped Resources to Bolster Asia Pacific Market

  • Among key geographical segments, North America is expected to lead the global geothermal power generation market in the near future, owing to the rising demand for binary cycle power plants in this region. In addition, increase in contribution from the U.S. and the growing implementation of this technology are some of the other factors expected to drive the North America market over the next few years.
  • On the other hand, the market in Asia Pacific is expected to witness substantial growth in the next few years, owing to the presence of a significant amount of underdeveloped and unexplored geothermal resources in the region

Geothermal Power Generation Market: Competition Landscape

  • Some of the prominent players operating in the geothermal power generation market across the globe are
    • Ormat Technologies Inc.
    • Alterra Power Corporation
    • Calpine Corporation
    • Ram Power Corporation
    • Orkuveita Reykjavikur
    • US Geothermal Inc.
    • Northern California Power Agency
    • CYRQ Energy Inc.
    • Enel Green Power

Geothermal Power Generation Market: Key Development

  • Oil and Natural Gas Corporation (ONGC) is likely to carry out the first Geothermal Field Development Project in Ladakh, India. A Memorandum of Understanding (MoU) was signed by the ONGC Energy Centre (OEC) with Ladakh and the Ladakh Autonomous Hill Development Council, Leh, on February 6, 2021.
  • The United Kingdom’s fledgling geothermal energy sector reached a new milestone after it announced in July 2021 that a “proof of concept power plant” in Cornwall had started to produce geothermal steam

Geothermal Power Generation Market Snapshot

Attribute Detail
Market Size Value in 2020 (Base Year) US$ 10.09 Bn
Market Forecast Value in 2031 US$ 40.15 Bn
Growth Rate (CAGR) 13.38%
Forecast Period 2021-2031
Quantitative Units Value (US$ Bn) and Volume (Mw)
Competition Landscape Company Profiles section includes overview, product portfolio, key subsidiaries or distributors, strategy & recent developments, and key financials.
Format Electronic (PDF) + Excel
Market Segmentation
  • Technology
    • Dry Steam
    • Flash Steam
    • Binary Cycle
Regions Covered
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America
Countries Covered
  • U.S.
  • Mexico
  • Italy
  • Iceland
  • Germany
  • France
  • Portugal
  • Russia
  • Turkey
  • Austria
  • Japan
  • Papua New Guinea
  • Philippines
  • New Zealand
  • Indonesia
  • Australia
  • China
  • Thailand
  • Nicaragua
  • Costa Rica
  • Guatemala
  • El Salvador
  • Kenya
  • Ethiopia
Companies Profiled
  • Ormat Technologies Inc.
  • Alterra Power Corporation
  • Calpine Corporation
  • Ram Power Corporation
  • Orkuveita Reykjavikur
  • US Geothermal Inc.
  • Northern California Power Agency
  • CYRQ Energy Inc.
  • Enel Green Power
Customization Scope Available upon Request
Pricing Available upon Request

Geothermal Power Generation Market – Segmentation

TMR’s research study includes the detailed analysis of companies dealing in global geothermal power generation, trend analysis, and demand forecast by geography. Various levels of market segmentation for which estimate and forecast have been provided are as follows:

Attribute Detail
Technology
  • Dry Steam
  • Flash Steam
  • Binary Cycle
Region
  • Europe
  • Asia Pacific
  • Latin America
  • North America
  • Middle East & Africa

Frequently Asked Questions

What is the Geothermal Power Generation Market size?

Geothermal Power Generation Market is expected to reach US$ 40.15 Bn by the end of 2031

What is the CAGR for Geothermal Power Generation Market?

Geothermal Power Generation Market is estimated to rise at a CAGR of 13.38% during forecast period

What are the key factors driving the growth of Geothermal Power Generation Market?

Increase in adoption and popularity of binary cycle technology to accelerate geothermal power generation market growth

Who are the key players in the Geothermal Power Generation Market?

Some of the prominent players operating in the geothermal power generation market across the globe are Ormat Technologies Inc., Alterra Power Corporation, Calpine Corporation, Ram Power Corporation, Orkuveita Reykjavikur, US Geothermal Inc., Northern California Power Agency

What will be the forecast period in the Geothermal Power Generation Market report?

The forecast period considered for the Geothermal Power Generation Market is 2021-2031

    1. Preface

        1.1. Report Description

        1.2. Research Scope

        1.3. Market Segmentation

        1.4. Research Methodology

    2. Executive Summary

    3. Market Overview

        3.1. Introduction

        3.2. Value Chain Analysis

        3.3. Market Drivers

            3.3.1. Environmental Benefits Including Lower GHG Emissions

            3.3.2. High Capacity Utilization and Overall Stability

            3.3.3. Cost Competitive Tariffs and Excellent Scalability

            3.3.4. Strong Policy Support

        3.4. Market Restraints

            3.4.1. Limited to Availability of Resources

            3.4.2. High Capital Cost and Emission Issues

        3.5. Market Opportunities

            3.5.1. New Technology Proliferation

            3.5.2. Prospects of Strategic Alliance, Mergers and Acquisitions in the Market

        3.6. Porter’s Five Forces Analysis

            3.6.1. Bargaining Power of Suppliers

            3.6.2. Bargaining Power of Buyers

            3.6.3. Threat from New Entrants

            3.6.4. Degree of Competition

            3.6.5. Threat from Substitutes

        3.7. Market Attractiveness Analysis of Geothermal Power Generation Market, by Technology, 2020

        3.8. Company Market Share Analysis

            3.8.1. Geothermal Power, Company Market Share Analysis (Mw), 2020

    4. Geothermal Power Generation Market: Technology Analysis

        4.1. Global Geothermal Power Generation Market: Technology Overview

            4.1.1. Global Geothermal Power Generation Market, Volume Share by Technology, 2020-2031

        4.2. Dry Steam Plants

            4.2.1. Global Dry Steam Geothermal Power Plant Capacity Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

        4.3. Flash Steam Plants

            4.3.1. Global Flash Steam Geothermal Power Plant Capacity Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

        4.4. Binary Cycle Power Plant

            4.4.1. Global Flash Steam Geothermal Power Plant Capacity Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

    5. Geothermal Power Generation Market: Regional Analysis

        5.1. Global Geothermal Power Generation Market: Regional Overview

            5.1.1. Global Geothermal Power Generation Market, Volume Share, by Region, 2020 and 2031 (Mw)

        5.2. North America

            5.2.1. North America Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.2.2. U. S

                5.2.2.1. U.S. Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.2.3. Mexico

                5.2.3.1. Mexico Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.2.4. North America Geothermal Power Installed Capacity Estimate and Forecast, by Technology, 2020-2031, (Mw)

            5.2.5. North America Geothermal Power Generation Market Estimate and Forecast, by Technology, 2020-2031, (US$ Bn)

        5.3. Europe

            5.3.1. Europe Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.3.2. Italy

                5.3.2.1. Italy Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.3.3. Iceland

                5.3.3.1. Iceland Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.3.4. Germany

                5.3.4.1. Germany Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.3.5. France

                5.3.5.1. France Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.3.6. Portugal

                5.3.6.1. Portugal Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.3.7. Russia

                5.3.7.1. Russia Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.3.8. Turkey

                5.3.8.1. Turkey Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.3.9. Austria

                5.3.9.1. Austria Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.3.10. Europe Geothermal Power Installed Capacity Estimate and Forecast, by Technology, 2020-2031, (Mw)

            5.3.11. Europe Geothermal Power Generation Market Estimate and Forecast, by Technology, 2020-2031, (US$ Bn)

        5.4. Asia Pacific

            5.4.1. Asia Pacific Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.4.2. Japan

                5.4.2.1. Japan Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.4.3. Papua New Guinea

                5.4.3.1. Papua New Guinea Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.4.4. Philippines

                5.4.4.1. Philippines Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.4.5. New Zealand

                5.4.5.1. New Zealand Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.4.6. Indonesia

                5.4.6.1. Indonesia Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.4.7. Australia

                5.4.7.1. Australia Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.4.8. China

                5.4.8.1. China Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.4.9. Thailand

                5.4.9.1. Thailand Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.4.10. Asia Pacific Geothermal Power Installed Capacity Estimate and Forecast, by Technology, 2020-2031, (Mw)

            5.4.11. Asia Pacific Geothermal Power Generation Market Estimate and Forecast, by Technology, 2020-2031, (US$ Bn)

        5.5. Latin America

            5.5.1. Latin America Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.5.2. Nicaragua

                5.5.2.1. Nicaragua Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.5.3. Costa Rica

                5.5.3.1. Costa Rica Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.5.4. Guatemala

                5.5.4.1. Guatemala Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.5.5. El Salvador

                5.5.5.1. El Salvador Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.5.6. Latin America Geothermal Power Installed Capacity Estimate and Forecast, by Technology, 2020-2031, (Mw)

            5.5.7. Latin America Geothermal Power Generation Market Estimate and Forecast, by Technology, 2020-2031, (US$ Bn)

        5.6. Middle East & Africa

            5.6.1. Middle East & Africa Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.6.2. Kenya

                5.6.2.1. Kenya Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

            5.6.3. Ethiopia

                5.6.3.1. Ethiopia Geothermal Power Generation Market Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

    6. Company Profiles

        6.1. Ormat Technologies Inc.

            6.1.1. Company Overview

            6.1.2. Product Portfolio

            6.1.3. Financial Overview

            6.1.4. Business Strategy

            6.1.5. SWOT Analysis

            6.1.6. Recent Developments

        6.2. Enel Green Power

            6.2.1. Company Overview

            6.2.2. Product Portfolio

            6.2.3. Financial Overview

            6.2.4. Business Strategy

            6.2.5. SWOT Analysis

            6.2.6. Recent Developments

        6.3. Cyrq Energy Inc.

            6.3.1. Company Overview

            6.3.2. Product Portfolio

            6.3.3. Business Strategy

            6.3.4. SWOT Analysis

            6.3.5. Recent Developments

        6.4. Calpine Corporation

            6.4.1. Company Overview

            6.4.2. Product Portfolio

            6.4.3. Financial Overview

            6.4.4. Business Strategy

            6.4.5. SWOT Analysis

            6.4.6. Recent Developments

        6.5. Alterra Power Corporation

            6.5.1. Company Overview

            6.5.2. Product Portfolio

            6.5.3. Financial Overview

            6.5.4. Business Strategy

            6.5.5. SWOT Analysis

            6.5.6. Recent Developments

        6.6. Northern California Power Agency

            6.6.1. Company Overview

            6.6.2. Product Portfolio

            6.6.3. Financial Overview

            6.6.4. Business Strategy

            6.6.5. SWOT Analysis

            6.6.6. Recent Developments

        6.7. Ram Power Corporation

            6.7.1. Company Overview

            6.7.2. Product Portfolio

            6.7.3. Financial Overview

            6.7.4. Business Strategy

            6.7.5. SWOT Analysis

            6.7.6. Recent Developments

        6.8. Us Geothermal Inc.

            6.8.1. Company Overview

            6.8.2. Product Portfolio

            6.8.3. Financial Overview

            6.8.4. Business Strategy

            6.8.5. SWOT Analysis

            6.8.6. Recent Developments

        6.9. Orkuveita Reykjavikur (Reykjavik Energy)

            6.9.1. Company Overview

            6.9.2. Product Portfolio

            6.9.3. Financial Overview

            6.9.4. Business Strategy

            6.9.5. SWOT Analysis

            6.9.6. Recent Developments

        6.10. Raya Group Limited

            6.10.1. Company Overview

            6.10.2. Product Portfolio

            6.10.3. Financial Overview

            6.10.4. Business Strategy

            6.10.5. SWOT Analysis

            6.10.6. Recent Developments

        6.11. Contact Energy

            6.11.1. Company Overview

            6.11.2. Product Portfolio

            6.11.3. Financial Overview

            6.11.4. Business Strategy

            6.11.5. SWOT Analysis

            6.11.6. Recent Developments

        6.12. Sumitomo Corporation

            6.12.1. Company Overview

            6.12.2. Product Portfolio

            6.12.3. Financial Overview

            6.12.4. Business Strategy

            6.12.5. SWOT Analysis

            6.12.6. Recent Developments

        6.13. Mannvit

            6.13.1. Company Overview

            6.13.2. Product Portfolio

            6.13.3. Financial Overview

            6.13.4. Business Strategy

            6.13.5. SWOT Analysis

            6.13.6. Recent Developments

        6.14. Mitsubishi Heavy Industries Ltd.

            6.14.1. Company Overview

            6.14.2. Product Portfolio

            6.14.3. Financial Overview

            6.14.4. Business Strategy

            6.14.5. SWOT Analysis

            6.14.6. Recent Developments

        6.15. Energy Development Corporation

            6.15.1. Company Overview

            6.15.2. Product Portfolio

            6.15.3. Financial Overview

            6.15.4. Business Strategy

            6.15.5. SWOT Analysis

            6.15.6. Recent Developments

    List of Tables

    Table 1: Global Geothermal Power Generation Market: Snapshot

    Table 2: Drivers of Geothermal Power Generation Market: Impact Analysis

    Table 3: Restraints of Geothermal Power Generation Market: Impact Analysis

    Table 4: North America Geothermal Power Installed Capacity Estimate and Forecast, by Technology, 2020-2031 (Mw)

    Table 5: North America Geothermal Power Generation Estimate and Forecast, by Technology, 2020-2031 (US$ Bn)

    Table 6: Europe Geothermal Power Installed Capacity Estimate and Forecast, by Technology, 2020-2031 (Mw)

    Table 7: Europe Geothermal Power Generation Estimate and Forecast, by Technology, 2020-2031 (US$ Bn)

    Table 8: Asia Pacific Geothermal Power Installed Capacity Estimate and Forecast, by Technology, 2020-2031 (Mw)

    Table 9: Asia Pacific Geothermal Power Generation Estimate and Forecast, by Technology, 2020-2031 (US$ Bn)

    Table 10: Latin America Geothermal Power Installed Capacity Estimate and Forecast, by Technology, 2020-2031 (Mw)

    Table 11: Latin America Geothermal Power Generation Estimate and Forecast, by Technology, 2020-2031 (US$ Bn)

    Table 12: Middle East & Africa Geothermal Power Installed Capacity Estimate and Forecast, by Technology, 2020-2031 (Mw)

    Table 13: Middle East & Africa Geothermal Power Generation Estimate and Forecast, by Technology, 2020-2031 (US$ Bn)

    List of Figures

    Figure 1: Geothermal Power: Market Segmentation

    Figure 2: Global Geothermal Power Generation Market Volume and Revenue, 2020-2031 (Mw) (US$ Bn)

    Figure 3: Value Chain Analysis of Geothermal Power Production

    Figure 4: North America Geothermal Power Generation Market, Individual Cost Breakdown of Overall Development Cost, 2020-2031

    Figure 5: Europe Geothermal Power Generation Market, Individual Cost Breakdown of Overall Development Cost, 2020-2031

    Figure 6: Asia Pacific Geothermal Power Generation Market, Individual Cost Breakdown of Overall Development Cost, 2020-2031

    Figure 7: Latin America Geothermal Power Generation Market, Individual Cost Breakdown of Overall Development Cost, 2020-2031

    Figure 8: Middle East & Africa Geothermal Power Generation Market, Individual Cost Breakdown of Overall Development Cost, 2020-2031

    Figure 9: Market Attractiveness Analysis of Geothermal Power Generation Market, by Technology, 2020

    Figure 10: Company Market Share of Geothermal Power Industry (Mw), 2020

    Figure 11: Global Geothermal Power Generation Market, Volume Share by Technology, 2020-2031 50

    Figure 12: Global Dry Steam Geothermal Power Plant Capacity Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

    Figure 13: Global Flash Steam Geothermal Power Plant Capacity Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

    Figure 14: Global Binary Cycle Geothermal Power Plant Capacity Estimates and Forecast, 2020-2031 (Mw) (US$ Bn)

    Figure 15: Global Geothermal Power Generation Market, Volume Share by Region, 2020 and 2031 (Mw)

    Figure 16: North America Geothermal Power Generation Market Volume and Revenue, 2020-2031 (Mw) (US$ Bn)

    Figure 17: U.S. Geothermal Power Generation Market Volume and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 18: Mexico Geothermal Power Generation Market Volume and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 19: Europe Geothermal Power Generation Market Volume and Revenue, 2020-2031 (Mw) (US$ Bn)

    Figure 20: Italy Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 21: Iceland Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 22: Germany Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 23: France Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 24: Portugal Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 25: Russia Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 26: Turkey Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 27: Austria Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 28: Asia Pacific Geothermal Power Generation Market Volume and Revenue, 2020-2031 (Mw) (US$ Bn)

    Figure 29: Japan Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 30: Papua New Guinea Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 31: Philippines Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 32: New Zealand Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 33: Indonesia Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 34: Australia Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 35: China Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 36: Thailand Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 37: Latin America Geothermal Power Generation Market Volume and Revenue, 2020-2031 (Mw) (US$ Bn)

    Figure 38: Middle East & Africa Geothermal Power Generation Market Volume and Revenue, 2020-2031 (Mw) (US$ Bn)

    Figure 39: Kenya Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 40: Nicaragua Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 41: Costa Rica Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 42: Guatemala Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 43: Ethiopia Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

    Figure 44: El Salvador Geothermal Power Generation Market Capacity and Generation, 2020-2031 (Mw) (US$ Bn)

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