The Climate Report 2017/18 - Page 40



Geothermal Energy Fast Facts








A total of 18 new geothermal power plants came online in 2015, adding about 313 MW of new
capacity to electricity grids globally.
The global market is at about 13.3 GW of operating capacity as of January 2016, spread across 24
countries.
This year the global geothermal market was developing about 12.5 GW of planned capacity spread
across 82 countries.
Based on current data, the global geothermal industry is expected to reach about 18.4 GW by 2021.
Overall, if all countries follow through on their geothermal power development goals and targets the
global market could reach 32 GW by the early 2030s.
Flash technologies, including double and triple flash, compose a little less than twothirds of installed
capacity globally, while dry steam is about a quarter and binary is a remaining sixth. The last remaining
1% includes back pressure and other developing and experimental types of geothermal technologies.
The United Nations and IRENA pledged a fivefold growth in the installed capacity for geothermal
power generation and at least twofold growth for geothermal heating by 2030 compared to 2014
levels.
Communities and governments around the world have only tapped 6 to 7 % of the total global
potential for geothermal power based on current geologic knowledge and technology. There are vast
untapped resources that could provide baseload renewable energy to grids across the globe. However,
natural disasters, permitting delays, and trouble obtaining financing have slowed geothermal power’s
growth globally.
Annual U.S. & Global Geothermal Power Production Report, March 2016, Geothermal Energy Association (GEA)
Geothermal Resources Council
GRC membership is open to any person, organization, agency, or company.
Membership advantage include access to:






GRC Annual Meeting Discount for the most important yearly event in the geothermal world.
GRC Bulletin the definitive voice for geothermal energy development and production.
GRC Membership Roster and Registry of Geothermal Services & Equipment
Online GRC Library More than 40,000 catalogued items, free downloads of premium content.
Education Program
International Geothermal Association (IGA) Membership
P.O. Box 1350, Davis, CA 956171350 USA | Ph: 530.758.2360 | Email: grc@geothermal.org
38

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