The Latest Geothermal Energy Industry Statistics Explained
As of 2020, the global geothermal power generation market is valued at $4.6 billion.
The statistic stated that as of 2020, the global geothermal power generation market is valued at $4.6 billion, which indicates the total market size of geothermal power generation industry worldwide at that time. This monetary value encompasses the revenue generated from the production and utilization of geothermal energy for electricity generation across various regions. The figure reflects the economic significance and growth potential of the geothermal energy sector, highlighting the increasing adoption of clean and sustainable energy sources to meet the global demand for electricity while reducing carbon emissions. In a rapidly evolving energy landscape, this statistic underscores the role of geothermal power generation as a viable and environmentally friendly alternative to traditional fossil fuels.
As of 2020, the United States is the world’s largest geothermal energy producer, with a capacity of 3.6 GW.
The statistic indicates that as of the year 2020, the United States holds the top position globally in terms of geothermal energy production, with a capacity of 3.6 gigawatts (GW). This means that the United States is leading in harnessing geothermal energy, which is derived from the Earth’s natural heat. Geothermal energy is considered a renewable and sustainable energy source that can be used for electricity generation and heating systems. The capacity of 3.6 GW signifies the amount of energy that can be produced at a given time, highlighting the significant contribution of geothermal energy to the United States’ overall energy portfolio.
Indonesia ranks second in global geothermal energy production with a capacity of 2.1 GW in 2020.
This statistic indicates that Indonesia is the second-largest producer of geothermal energy in the world as of 2020, with a total capacity of 2.1 gigawatts. Geothermal energy is a renewable and sustainable energy source that harnesses heat from the Earth’s core to generate electricity. Indonesia’s significant capacity in geothermal energy production highlights its commitment to clean energy initiatives and efforts to reduce carbon emissions. By utilizing geothermal resources effectively, Indonesia is able to reduce its reliance on fossil fuels and contribute to global efforts to combat climate change while also promoting energy security and independence.
By 2030, the worldwide capacity of geothermal energy is expected to increase by 60-200%.
This statistic predicts a significant growth in the global capacity of geothermal energy by the year 2030, with estimates suggesting an increase of 60% to 200%. Geothermal energy, harnessed from the Earth’s internal heat, is considered a renewable and clean source of energy with tremendous potential to reduce greenhouse gas emissions. This expected rise in capacity reflects a growing interest and investment in geothermal energy projects worldwide, driven by factors such as the increasing need to transition towards sustainable energy sources, government incentives, and technological advancements in geothermal energy systems. The projected increase signifies a positive shift towards a more environmentally friendly and sustainable global energy mix in the upcoming decade.
The geothermal energy sector employed approximately 35,000 people globally in 2020.
The statistic indicates that the geothermal energy sector employed around 35,000 individuals on a global scale in the year 2020. This suggests that geothermal energy, which harnesses heat from beneath the Earth’s surface to generate power, has created a substantial number of jobs across various geographies. The employment figure highlights the significance of the geothermal energy industry in contributing to global employment opportunities while simultaneously promoting sustainable and renewable energy sources. Additionally, the statistic underscores the sector’s potential for continued growth and its role in supporting economic activity and innovation in the renewable energy landscape.
Around 13,300 megawatts of geothermal power capacity was installed worldwide by the end of 2019.
The statistic regarding around 13,300 megawatts of geothermal power capacity installed worldwide by the end of 2019 highlights the significant global progress in harnessing geothermal energy as a renewable power source. Geothermal energy is derived from the Earth’s heat and offers a sustainable alternative to traditional fossil fuels for electricity generation. The substantial installed capacity signifies a growing recognition of geothermal energy’s potential as a clean and reliable energy source, contributing to efforts to reduce greenhouse gas emissions and combat climate change. The continued development and expansion of geothermal power capacity worldwide indicate a promising trend towards diversifying energy sources and increasing the use of renewable energy technologies in the global energy mix.
In 2019, geothermal energy supplied 0.3% of the world’s total primary energy supply.
The statistic indicates that in the year 2019, geothermal energy accounted for approximately 0.3% of the global primary energy supply. This suggests that geothermal energy, which is derived from the natural heat of the Earth, made a relatively small contribution to the overall energy mix used worldwide. Despite its low share, geothermal energy plays a role in diversifying the energy sources utilized and reducing dependence on fossil fuels, thereby contributing to sustainability and environmental goals. The statistic underscores the potential for further growth and utilization of geothermal energy to enhance energy security and reduce greenhouse gas emissions in the global energy system.
There are about 60 countries that use geothermal district heating (direct use) worldwide as of 2020.
The statistic stating that about 60 countries use geothermal district heating (direct use) worldwide as of 2020 indicates the widespread adoption of geothermal energy for heating purposes across the globe. Geothermal district heating involves utilizing the natural heat from beneath the Earth’s surface to provide warmth to buildings and communities in a more sustainable and environmentally friendly manner. The fact that approximately 60 countries have embraced this technology highlights the growing recognition of geothermal energy as a reliable and renewable source of heat, indicative of a global shift towards cleaner energy alternatives to reduce carbon emissions and combat climate change.
In 2015, 25% of Iceland’s total electricity production came from geothermal energy.
The statistic states that in 2015, a quarter of Iceland’s total electricity production was generated from geothermal energy sources. Geothermal energy refers to the heat energy that is produced from within the Earth’s crust. Iceland is known for its abundant geothermal resources due to its location on a tectonic plate boundary, making it well-suited to harness this renewable energy source for electricity generation. The fact that a significant portion of Iceland’s electricity comes from geothermal energy highlights the country’s commitment to sustainable and environmentally friendly energy solutions, as geothermal energy is a renewable resource that has lower greenhouse gas emissions compared to traditional fossil fuels.
Mexico, being the fourth in the world, had a geothermal power capacity of 962 MW in 2019.
The statistic “Mexico, being the fourth in the world, had a geothermal power capacity of 962 MW in 2019” indicates that Mexico ranked fourth globally in terms of geothermal power capacity in the year 2019, with a total capacity of 962 megawatts. Geothermal power is a renewable energy source that harnesses the heat stored beneath the Earth’s surface to generate electricity. This statistic highlights Mexico’s significant investment in and utilization of geothermal energy as part of its energy mix, positioning the country as a leader in the geothermal power sector on a global scale.
Three-quarters of Turkey’s total geothermal power plant capacity of 1,600 MW was commissioned after 2013.
The statistic indicates that a significant proportion of Turkey’s geothermal power plant capacity, specifically three-quarters of the total 1,600 MW capacity, was built and put into operation after the year 2013. This suggests a notable increase in the development and utilization of geothermal energy resources in Turkey within a relatively short timeframe, likely driven by government incentives, technological advancements, favorable geothermal conditions, or a combination of these factors. The growth in geothermal capacity post-2013 demonstrates Turkey’s commitment to diversifying its energy sources, reducing greenhouse gas emissions, and promoting sustainable energy production.
Italy is Europe’s largest producer of geothermal energy with an installed capacity of 944 MW in 2019.
The statistic that Italy is Europe’s largest producer of geothermal energy with an installed capacity of 944 MW in 2019 highlights the country’s significant contribution to renewable energy production within the region. Geothermal energy is a sustainable and clean source of power that utilizes natural heat from below the earth’s surface. Italy’s impressive capacity in geothermal energy reflects its advancements in harnessing this natural resource for electricity generation. This statistic demonstrates Italy’s commitment to reducing carbon emissions and transitioning towards more environmentally friendly energy sources, positioning the country as a leader in renewable energy production within Europe.
Approximately 120 countries have geothermal resources suitable for direct use and power generation.
The statistic that approximately 120 countries have geothermal resources suitable for direct use and power generation highlights the global potential for harnessing geothermal energy as a sustainable and renewable source of power. Geothermal energy is derived from the heat stored beneath the Earth’s surface, which can be utilized for various purposes such as heating buildings, generating electricity, and other industrial applications. The wide distribution of geothermal resources across 120 countries indicates the widespread availability of this clean energy source worldwide, offering a significant opportunity to reduce dependence on fossil fuels and mitigate the impacts of climate change by transitioning towards more sustainable energy sources.
Geothermal energy accounted for 0.4% of the U.S. total utility-scale electricity generation in 2019.
This statistic indicates that geothermal energy contributed to 0.4% of the total electricity generation in the United States in 2019. Geothermal energy is a renewable energy source that harnesses heat from the Earth’s core to generate electricity. Despite its relatively small contribution compared to other sources like coal, natural gas, and renewables like solar and wind, geothermal energy plays a role in diversifying the energy mix and reducing greenhouse gas emissions. The statistic suggests that there is potential for further growth and development in the geothermal energy sector to increase its share in the U.S. electricity generation mix in the future.
Worldwide, there were about 100 geothermal power projects in construction or final planning stages as of 2020.
The statistic indicates that as of 2020, there were approximately 100 geothermal power projects worldwide that were either under construction or in the final stages of planning. Geothermal power projects involve harnessing energy from heat stored beneath the earth’s surface to generate electricity. The fact that there were 100 such projects at various stages of development suggests a growing interest and investment in geothermal energy as a sustainable and renewable source of power. These projects likely represent efforts to reduce dependence on fossil fuels, mitigate climate change, and increase energy security. The global reach of these projects also highlights the widespread recognition of geothermal energy as a valuable component of the transition towards more sustainable energy systems.
Geothermal energy is expected to account for 20% of New Zealand’s energy needs by 2020.
The statistic stating that geothermal energy is expected to account for 20% of New Zealand’s energy needs by 2020 suggests a substantial increase in the contribution of geothermal power to the country’s overall energy mix. This indicates a significant shift towards utilizing renewable energy sources, which is a positive step towards reducing dependence on fossil fuels and combating climate change. Achieving this target would likely involve increasing investments in geothermal infrastructure and technology, as well as implementing supportive policies and regulations to drive the growth of geothermal energy production. Overall, this statistic highlights New Zealand’s commitment to sustainable energy practices and signifies a move towards a more environmentally friendly and economically efficient energy sector.
In 2019, geothermal power installations in Germany produced about 48 million kWh of electricity.
The statistic ‘In 2019, geothermal power installations in Germany produced about 48 million kWh of electricity’ indicates that geothermal energy played a relatively small but significant role in Germany’s electricity generation for that year. Geothermal power, which harnesses heat from beneath the Earth’s surface, contributed to the country’s renewable energy mix and helped reduce reliance on fossil fuels. The production of 48 million kWh represents the amount of electricity generated by geothermal sources and highlights their potential to contribute to the overall energy grid. While geothermal power may not be as widespread as other renewable sources like wind and solar, this statistic underscores its growing importance in diversifying Germany’s energy sources and achieving sustainability goals.
In Japan, the total reservoir capacity of geothermal energy is estimated to be 23.47 GW.
The statistic states that in Japan, the total reservoir capacity of geothermal energy is approximately 23.47 gigawatts (GW). This figure represents the theoretical maximum amount of geothermal energy that could be harnessed from existing reservoirs in the country. Geothermal energy is a renewable energy source that utilizes heat from within the Earth to generate electricity, and Japan has significant potential for geothermal power generation due to its location in the “Ring of Fire” region with active tectonic processes. The estimated capacity of 23.47 GW signifies the potential for Japan to significantly expand its use of geothermal energy to meet its electricity needs in a sustainable and environmentally friendly manner.
References
0. – https://www.www.renewable-ei.org
1. – https://www.www.eia.gov
2. – https://www.www.nzgeothermal.org.nz
3. – https://www.www.nea.is
4. – https://www.irena.org
5. – https://www.www.statista.com
6. – https://www.www.geothermal-energy.org
7. – https://www.energypost.eu
8. – https://www.www.globenewswire.com
9. – https://www.www.iea.org
10. – https://www.ourworldindata.org
11. – https://www.www.geothermie.de
