PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: CompaniesAndMarkets.com

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Geothermal Energy Market Set to Reach a Market Value of $12.94 Billion Finds CompaniesAndMarkets.com - The geothermal energy market is set to reach a market value of $12.94 billion in 2012 - CompaniesAndMarkets.com
Geothermal Energy Market Set to Reach a Market Value of $12.94 Billion Finds CompaniesAndMarkets.com

 

NewswireToday - /newswire/ - London, United Kingdom, 2012/07/12 - The geothermal energy market is set to reach a market value of $12.94 billion in 2012 - CompaniesAndMarkets.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The geothermal energy market is set to reach a market value of $12.94 billion in 2012. This includes spending on the construction of geothermal power plants used to produce electricity, and spending on the installation of geothermal heat pumps, district heating systems, and the other applications that make up the direct use geothermal submarket.

Over the next ten years the geothermal energy market is likely to see significant investment, though market growth will be unevenly spread throughout the world as each region is influenced by a diverse array of factors.

Geothermal energy is a type of thermal energy generated and stored at accessible depths in the Earth's crust. It can either be used in power plants to produce electricity or used directly in a number of applications.

In the first instance, the steam or vapour from reservoirs of hot water found a few miles or more below the Earth's surface are used to drive a turbine to produce electricity.

In the second case, direct use geothermal systems use resources at lower temperatures than are required for most geothermal power plants.

Currently only 26 countries around the globe use geothermal energy to generate power, and as of 2010 there was a total global capacity of 10,715 megawatts.

The US represents the largest regional producer within the geothermal energy market, with 3,086 megawatts of capacity. The Philippines and Indonesia trail the US generating 1,904 megawatts and 1,179 megawatts respectively.

Interest within the geothermal energy market is increasing and it has been forecast that by 2020 as much as 14.4 gigawatts of new geothermal capacity will be added at a 3% annual growth rate.

Follow us on Twitter @CandMResearch

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: CompaniesAndMarkets.com

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Geothermal Energy Market Set to Reach a Market Value of $12.94 Billion Finds CompaniesAndMarkets.com

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Mike King - CompaniesAndMarkets.com 
+44(0)20 3086 8600
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any CompaniesAndMarkets.com securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From CompaniesAndMarkets.com / Company Profile


Read Energy Most Recent Related Newswires:

ENGIE and Schneider Electric Collaborate to Digitize the Energy Sector
ENGIE, Sigfox and UnaBiz Announce Nationwide IoT Network Rollout in Singapore
GE Renewable Energy to Equip First Commercial U.S. Integrated Solar-Wind Hybrid Project
GE’s Gas Engine Technology Provides Cost-Effective, Grid-Stability Solution for Cameroon Poultry Hatchery
Venture Global LNG Selects GE Oil & Gas Advanced Technology Plant-wide Solution for LNG Export Facilities Under Development in Louisiana
SolarWinds Unveils the Next Generation of IT Troubleshooting at Cisco Live EMEA 2017
SolarWinds IT Management Platform Being Tested for Secure Government Deployment
World's First Purpose-built LNG Bunkering Vessel Delivered to ENGIE, Fluxys, Mitsubishi Corporation and NYK
Enel Closes Acquisition of Brazilian Distribution Company CELG
SolarWinds IT Management Platform Achieves Common Criteria Certification
GE & HEI Achieve Major Milestone with First Fire of HA Gas Turbine At Bhikki Power Plant
Aluminium of Greece Collaborates with GE to Drive Efficiency Using Predix*-based First-of-their-kind Digital Smelter Solutions
Enel Green Power Gives Renewable Energy to New Paediatric Surgery Hospital in Uganda
GE Inaugurates Redhill (Stafford) Manufacturing Facility, UK
Turkey's First Digital Power Plant Powered by GE & GAMA Energ

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  BizJobs.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)