GEOTHERMAL ENERGY MARKET REPORT

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GEOTHERMAL ENERGY MARKET REPORT ( geothermal-energy-market-report )

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U.S. GEOTHERMAL ENERGY OVERVIEW With its level of geothermal development throughout the 1970s, the United States are at the forefront of the utilization of geothermal energy and will continue to lead with the number of current projects under way. Today, the U.S. have an installed capacity of 2,850 MW and produce around 16,000 TWh of electricity per year, representing around 28% of the world’s electricity generation through geothermal energy. U.S. OVERALL ANNUAL ENERGY CONSUMPTION Highly dependent on fossil fuels. Hydro is the largest sustainable energy resource, followed by Biomass (wood & waste. EIA, Energy Information Administration, “Electric Power Monthly, August 2007 edition”, at: http://www.eia.doe.gov/cneaf/electricity/epm/epm_sum.html September 2007 – Glitnir Geothermal Research 11

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