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There is some overlap between the two top 10 groups. Ormat Technologies, CalEnergy, and Terra-Gen are major players when it comes to owning and operating plants as well as developing new geothermal energy capacity. Ormat Technologies, Ram Power Corp., U.S. Geothermal, Cal Energy, Chevron, and Unocal Corp are among the most active U.S. geothermal companies operating outside of the United States.116 The majority of these companies provide EPC and O&M services, but there are some like Ormat Technologies, which manufactures equipment as well. Global Market for Geothermal Energy Services Market Size Comprehensive published data on the size of the global market for geothermal energy services are unavailable. However, the growth in global geothermal power production likely reflects a vibrant market for geothermal services. The United States is the world leader in geothermal energy production and installed capacity. In 2011, the U.S. geothermal power sector held 28 percent of the 11.2 GW in global installed geothermal power capacity. Worldwide, there were at least 24 countries generating electricity from geothermal power plants in 2012.117 In addition to the United States, seven other countries, most situated in the Ring of Fire area of the Pacific, account for the bulk of the remaining global installed geothermal capacity: the Philippines (1.9 GW), Indonesia (1.2 GW), Mexico (just under 1 GW), Italy (0.8 GW), Iceland (0.7 GW), New Zealand (nearly 0.6 GW), and Japan (0.5 GW) (figure 5.4).118 FIGURE 5.4 The U.S. was the global leader in geothermal electricity generating capacity in 2011 Other 13% Japan 4% New Zealand 5% Iceland 6% Italy 7% Mexico 9% United States 28% Philippines 17% Source: REN21, Renewables 2012, 2012, 40. Indonesia 11% Total = 11.2 GW 116 BNEF database (accessed February 10, 2013). 117 REN21, Renewables 2012, 2012, 40. 118 Ibid., 40–41. The Ring of Fire, a seismically active belt that circles the Pacific Ocean, includes Bolivia, Canada, Chile, Indonesia, Japan, Mexico, New Zealand, the Philippines, Russia, the United States, and other countries. 5-30PDF Image | Renewable Energy and Related Services: Recent Developments
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