United States is the biggest producer of geothermal energy in the world. The geothermal market in United States is expected to rise at the rate of nearly 13% in the coming ten years.
Improving technologies such as low temperature plants are driving down costs and could lead to much shorter development timelines, while Enhanced Geothermal System developments could pave the way for the industry's longer term growth. The accelerated growth of renewable energy projects is a response to the powerful combination of high energy prices and growing state government support.