Global:

Geothermal Outlook 2015: International Market Ripe with Opportunity as US Market Withers (Renewable Energy World)

Money is flowing into the developing geothermal markets, but the U.S. market is still struggling with political and financial barriers.

While it is difficult to discuss the geothermal industry in just one-year increments, it seems as though 2015 is set to have some notable developments.

In 2014, the global market didn’t quite hit 1,000 megawatts (MW) of new capacity as predicted a year prior, but it did ring in a respectable 600 MW, a number that should hold steady or rise for the next three to four years, according to Ben Matek, analyst at the U.S. Geothermal Energy Association (GEA).

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