GITNUX MARKETDATA REPORT 2024

Geothermal Energy Industry Statistics

The geothermal energy industry is growing rapidly, with an expected annual growth rate of around 4-5% globally.

Statistic 1

"As of 2020, the global geothermal power generation market is valued at $4.6 billion."

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Statistic 2

"As of 2020, the United States is the world's largest geothermal energy producer, with a capacity of 3.6 GW."

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Statistic 3

"Indonesia ranks second in global geothermal energy production with a capacity of 2.1 GW in 2020."

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Statistic 4

"By 2030, the worldwide capacity of geothermal energy is expected to increase by 60-200%."

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Statistic 5

"The geothermal energy sector employed approximately 35,000 people globally in 2020."

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Statistic 6

"Around 13,300 megawatts of geothermal power capacity was installed worldwide by the end of 2019."

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Statistic 7

"In 2019, geothermal energy supplied 0.3% of the world's total primary energy supply."

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Statistic 8

"There are about 60 countries that use geothermal district heating (direct use) worldwide as of 2020."

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Statistic 9

"In 2015, 25% of Iceland's total electricity production came from geothermal energy."

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Statistic 10

"Mexico, being the fourth in the world, had a geothermal power capacity of 962 MW in 2019."

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Statistic 11

"Three-quarters of Turkey's total geothermal power plant capacity of 1,600 MW was commissioned after 2013."

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Statistic 12

"Italy is Europe's largest producer of geothermal energy with an installed capacity of 944 MW in 2019."

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Statistic 13

"Approximately 120 countries have geothermal resources suitable for direct use and power generation."

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Statistic 14

"Geothermal energy accounted for 0.4% of the U.S. total utility-scale electricity generation in 2019."

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Statistic 15

"Worldwide, there were about 100 geothermal power projects in construction or final planning stages as of 2020."

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Statistic 16

"Geothermal energy is expected to account for 20% of New Zealand's energy needs by 2020."

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Statistic 17

"In 2019, geothermal power installations in Germany produced about 48 million kWh of electricity."

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Statistic 18

"In Japan, the total reservoir capacity of geothermal energy is estimated to be 23.47 GW."

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