USA:

620 MW of Global Geothermal Power Added in 2014  - GEA

A new report from the Geothermal Energy Association (GEA), released to attendees of GEA’s State of the Geothermal Industry Briefing last week, the “2015 Annual U.S. & Global Geothermal Power Production Report,” found the industry brought online the most capacity in any year of the past two decades. The Global geothermal market added 21 new utility scale power plants in 2014 with a total of about 620 MW of power capacity. The full report will be released to the public on GEA’s website on Thursday.

“These power plants will generate electricity for 30 to 50 years providing firm and flexible power, with little to no emissions, and deliver substantial economic benefit in the form of jobs and property taxes to the communities in which they operate,” said Karl Gawell, GEA’s Executive Director.

Overall, the global geothermal industry grew at about 5% for the third year in a row reaching 12.8 GW. While only six countries saw projects completed, nearly 80 had projects in the pipeline giving a positive outlook for future growth. “If all countries reach their announced geothermal power goals the global industry could reach 27-30 GW by the early 2030s,” according to Ben Matek, GEA’s Industry Analyst & Research Projects Manager.

2015 Annual U.S. & Global Geothermal Power Production Report (PDF)