Mar 4 2011
Research and Markets, has declared the adding of a new research report titled, "Global Geothermal Energy Market 2010-2014" in their list of offerings.
The report presented by TechNavios is prepared after a detailed study of the geothermal market with comments from industry experts. The report includes the information about the prevailing market, vendors involved, current trends, factors that drive the markets and the constraints faced.
According to the report, world over energy companies are vying to improve their market share in geothermal energy. Currently, United States remains as the biggest generator of geothermal energy and countries such as Philippines and Indonesia follow it. The countries in Europe have understood the potential of geothermal energy and have started exploring it. Geothermal energy unlike solar and wind does not rely on external factors for generating power. It is considered to be a dependable and cost- effective renewable energy source. While the growing demand for renewable clean energy helps in the growth of geothermal energy, lack of knowledge about its usage and benefits hinders its growth in the energy market.
The report enumerates the current progress and future growth scenarios of the worldwide geothermal energy market. The report includes an analysis on the leading geothermal companies such as Chevron,Calpine, Geodynamics, Nevada Geothermal Power and Ormat Technologies.