The World's #1 Renewable Energy Network for News, Information, and Companies.
Untitled Document

Asia Pacific In Line to Lead Geothermal Boom

More than 4 GW of geothermal power capacity are expected to come online worldwide between now and 2018, according to a new report.

The study by Navigant Research reveals that at the moment there are 56 projects in either active drilling or construction stages and all are in the U.S., the Philippines and Indonesia.

And Mackinnon Lawrence, principal research analyst with Navigant, says that the 4 GW figure could be just the tip of the iceberg: “This total includes only projects in advanced stages of development. A significant, though mostly unconfirmed, amount of capacity remains locked up in early-stage projects. As a number of these projects are further developed and their resource potential confirmed, the long-term pipeline – 2017 and later – is expected to expand proportionally.”

Navigant states that although the US leads all regions with the largest number of projects in the pipeline, the Asia Pacific has the most reported capacity under development, with a reported 7.4 GW currently in the pipeline, representing 40 percent of the global capacity under development. 

Latin America and Africa account for a combined 3.8 GW of additional capacity under development, equal to 20 percent of the global pipeline.

Lead image: geothermal energy via Shutterstock

Untitled Document

Get All the Renewable Energy World News Delivered to Your Inbox

Subscribe to Renewable Energy World or email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

RELATED ARTICLES

Top 10 Clean Energy Trends Driving the Global Clean Energy Revolution

Top 10 Clean Energy Trends Driving the Global Clean Energy Revolution

Geothermal Industry Could Come With $73 Billion Price Tag

Anna Hirtenstein, Bloomberg The geothermal industry may need as much as $73 billion in public financing, almost 10 times current spending levels,...

States Already Seek To Delay Clean Power Plan

Andrew Harris, Bloomberg Fifteen states led by coal-rich West Virginia asked a federal court to stall Obama administration rules intended to c...

Global Renewable Energy Roundup: China, Kenya, Turkey, India Seeking More Renewables

Bloomberg News Editors China is being encouraged by three industry groups to double the nation’s solar-power goal for 2020 to make up for sh...

PRESS RELEASES

Intersolar AWARD „Solar Projects in India“ – Applications being accepted until September 18

The Intersolar AWARD in the category Solar Projects in India honors projects in the fie...

OFS Announces Commercial Availability of InvisiLight® MDU Optical Solution for Multiple Dwelling Units

OFS, a leading-edge designer, manufacturer and supplier of innovative fiber optic netwo...

New local energy partnership brings innovative solar tracker to Washington State

A new partnership will bring the innovative AllEarth Solar Tracker solar electric syste...

30 days to GRC Annual Meeting & GEA Geothermal Energy Expo

The Geothermal Resources Council (GRC) has announced that it is only 30 days to go to t...

FEATURED BLOGS

Washington, DC Bridges the Solar Gap

The District of Columbia has enjoyed 15 years of strong economic growth. But prosperity is spread unevenly across the...

Cronimet / THEnergy study: In solar for mines size does not always matter - Reducing CAPEX with energy efficiency and load shifting

Munich, September 2015. Mining companies are constantly gaining interest in solar solutions because frequently solar ...

Final Program Now Available for GRC Annual Meeting & GEA Geothermal Energy Expo

GRC Annual Meeting & GEA Geothermal Energy Expo - Final Program from

Vacancy? No Problem!

Have you ever tried to sell an efficiency product or service to a prospect that owns or manages a building with high ...

FINANCIAL NEWS

Kelvin Ross is Deputy Editor of Power Engineering International magazine and its associated publications – Middle East Energy and the Global Power Review. Previously, Kelvin was News Editor at UK online news site Energy Live News, Production Edito...

CURRENT MAGAZINE ISSUE

Volume 18, Issue 4
1507REW_C11

STAY CONNECTED

To register for our free
e-Newsletters, subscribe today:

SOCIAL ACTIVITY

Tweet the Editors! @jennrunyon

FEATURED PARTNERS



EVENTS

GRC Annual Meeting & GEA Geothermal Energy Expo

GRC Annual Meeting & GEA Expo:   Register Now for the 2015 GRC ...

GRC Fieldtrip - Long Valley Geology

Led by: Gene Suemnicht and Duncan Foley     &nb...

GeoPower & Heat Summit

The GeoPower & Heat Summit is the most commercial event in the geoth...

COMPANY BLOGS

Final Program Now Available for GRC Annual Meeting & GEA Geothermal...

GRC Annual Meeting & GEA Geothermal Energy Expo - Final Program f...

GRC Annual Geothermal Photo Contest - View all the Entries

36th Annual Geothermal Photo Contest The Geothermal Resources

Why Electric Utilities Love Geothermal

When it comes time to think about replacing the heating and cooling syst...

NEWSLETTERS

Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now  

 

FEATURED PARTNERS