Friday, June 3, 2016

Science & Technology: Market for Geothermal Technology Expected to Reach 18.4 GW by 2021

Geothermal Power Plant Turbines: First Look at the Manufacturing Value Chain (CEMAC)

Although the new power plants were mostly binary cycle, the greatest share of new capacity (49.5%) was in flash cycle plants. The capacity share of binary cycle and dry steam turbines was 38.7% and 11.8% respectively.

Binary cycle turbine manufacturing is dominated by Israel followed by the United States, Italy, and Germany. The flash cycle and dry steam turbine manufacturing is dominated by Japan followed by Spain, the United States, France, Italy, Russia, and China. The attached map shows global trade in these two technology types.

The market for geothermal technology is expected to continue growing and reach about 18.4 GW by 2021. Based on developing projects and forecasts, there will be high demand for a diverse mix of geothermal turbine types from Europe and the United States, East Africa, South East Asia and the South Pacific.

The Clean Energy Manufacturing Analysis Center (CEMAC) is operated by the Joint Institute for Strategic Energy Analysis for the U.S. Department of Energy's Clean Energy Manufacturing Initiative.

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