
Enhanced Geothermal Systems Market - A Global and Regional Analysis: Focus on Resource Type, End User, Depth, Simulation Method, Power Station Type, Supply Chain Analysis, Country-Wise Analysis, and Impact of COVID-19 - Analysis and Forecast, 2020-2030
Description
Enhanced Geothermal Systems Market - A Global and Regional Analysis: Focus on Resource Type, End User, Depth, Simulation Method, Power Station Type, Supply Chain Analysis, Country-Wise Analysis, and Impact of COVID-19 - Analysis and Forecast, 2020-2030
Market Report Coverage - Enhanced Geothermal Systems
Market Segmentation
Enel SpA, Ormat Technologies, Inc., AltaRock Energy, Inc., Royal Dutch Shell Plc, Kenya Electricity Generating Company Limited, BESTEC GmbH, SA Géothermie Bouillante, Fuji Electric Co., Ltd., Calpine Corporation, Energy Development Corporation, Mitsubishi Heavy Industries, Ltd, Toshiba Corporation, Ansaldo Energia S.p.A., Siemens AG
How This Report Can Add Value
This extensive report can help with:
Key Questions Answered in the Report
Geothermal energy is the thermal energy in the Earth's crust that originates from the formation of the planet and radioactive decay of materials in currently uncertain but possibly roughly equal proportions. A geothermal resource requires fluid, heat, and permeability to generate electricity:
Enhanced Geothermal Systems Industry Overview
The global enhanced geothermal system (EGS) market is estimated to be $1,841.4 million in 2020. It is projected to reach a value of $3,673.1 million by 2030, at a CAGR of 7.1% during the forecast period (2022-2030).
Market Segmentation
Enhanced Geothermal Systems Market by Depth
At high depth, the temperature of the Earth crust increases. Additionally, with the rise in temperature, the performance of EGS plants increases exponentially. Moreover, as the well temperature increases in an EGS plant, the power price becomes competitive with other energy generating sources.
Enhanced Geothermal Systems Market by Power Station Type
Flash steam plants make up almost two-thirds of geothermal energy sources that are installed today and are used where the water-dominated geothermal reservoirs have temperatures that are above 180°C. It is expected that the single flash is going to maintain its position as the major geothermal plant type installations over the forecasted duration.
Enhanced Geothermal Systems Market by End User
The commercial sector is the largest end user of EGS generated electricity globally. In 2020, the commercial sector had an electricity demand of 941.2 terawatt-hours through EGS plants. The commercial sector is energy-intensive sector having greater demand from end-users such as offices, supermarkets/hypermarkets, government, healthcare, hospitality, transportation, educational institutions, cold storage facilities, data centers, banks, department stores, convenience stores, and stadiums.
Enhanced Geothermal Systems Market by Region
North America is the largest market for enhanced geothermal systems globally. The U.S. is the primary area driving expansion in the North America enhanced geothermal energy market, owing to rising clean electricity demand and increased emissions-cutting policies.
Key Market Players and Competition Synopsis
Some of the key players operating in the market include Enel SpA, Ormat Technologies, Inc., AltaRock Energy, Inc., Royal Dutch Shell Plc, Kenya Electricity Generating Company Limited, BESTEC GmbH, SA Géothermie Bouillante, Fuji Electric Co., Ltd., Calpine Corporation, Energy Development Corporation, Mitsubishi Heavy Industries, Ltd, Toshiba Corporation, Ansaldo Energia S.p.A., and Siemens AG.
The companies profiled in the report have been selected post-in-depth interviews with experts and understanding details of companies such as their product portfolios, annual revenues, market penetration, research and development initiatives, and domestic and international presence in the enhanced geothermal system market.
*PDF email from publisher allows for 1-3 users, with permission to print*
Market Report Coverage - Enhanced Geothermal Systems
Market Segmentation
- End User: Commercial, and Industrial
- Resource Type: Convective Hydrothermal, Sedimentary Basin, Solidified Hot Dry Rock, Part Still Molten Magma, Geo-Pressured, Radiogenic
- Depth: Shallow, and Deep
- Power Station Type: Dry Steam Power Stations, Flash Steam Power Stations, Binary Cycle Power Stations
- Simulation Method: Hydraulic, Chemical, Thermal, Explosive
- North America: U.S., and Mexico
- Europe: Germany, Russia, Italy, and Rest-of-Europe
- U.K.
- China
- Asia-Pacific and Japan: Japan, Indonesia, Philippines, New Zealand, and Rest-of-Asia-Pacific
- Rest-of-the-World (RoW)
- Reliable Technology to Produce Continuous Baseload Power
- Rise in Energy Demand Due to Increase in Population and Rapid Industrialization
- Emission Reduction along with Energy Security
- Reliable and Controllable Source of Power
- Risks Associated with Exploratory Drilling
- Induced Seismicity
- High Gestation Period for the Plants
- High Initial Costs
- Geothermal Development in the Country Of Africa Provides a Decent Market Opportunity
- Geothermal Plants Combined with Natural Gas Power Plants
- Improving the Efficiency of the Current Generating Sites
- Huge Projects in Indonesia and the Philippines Presents a Market Opportunity to Tap Into
Enel SpA, Ormat Technologies, Inc., AltaRock Energy, Inc., Royal Dutch Shell Plc, Kenya Electricity Generating Company Limited, BESTEC GmbH, SA Géothermie Bouillante, Fuji Electric Co., Ltd., Calpine Corporation, Energy Development Corporation, Mitsubishi Heavy Industries, Ltd, Toshiba Corporation, Ansaldo Energia S.p.A., Siemens AG
How This Report Can Add Value
This extensive report can help with:
- A dedicated section focusing on startup landscape in enhanced geothermal system market covering key startup in the ecosystem, funding analysis, major and top investors in the industry
- Extensive competitive benchmarking of top 15 players offering a holistic view of the global enhanced geothermal system market landscape
- Qualitative and quantitative analysis of enhanced geothermal system market at the region and country-level and granularity by application and product segments
- A detailed plant-level analysis covering all the EGS plants around the world along with EGS plants that are under development. The following aspects of plants are covered in detail:
- a. Power Station Type Used
- b. Rock Structure Analysis
- c. Geographical requirements
- d. Depth and other suitable requirements
Key Questions Answered in the Report
- What are the driving factors for the global EGS market from 2019 to 2030, and which factors are impeding the growth of the global EGS market?
- Which country are the prime adopters of these systems, and what could be the possible penetration of GS and EGS systems in renewable energy generation in different countries and regions? What are the future plans of renewable energy generation pertaining to the EGS system market?
- Who are the major players, and what strategic measures are being taken to increase their presence and market share?
- What could be the possible penetration of GS and EGS systems renewable energy generation in different countries and regions?
- What are the key developmental strategies which are implemented by the key players to sustain in the competitive market?
Geothermal energy is the thermal energy in the Earth's crust that originates from the formation of the planet and radioactive decay of materials in currently uncertain but possibly roughly equal proportions. A geothermal resource requires fluid, heat, and permeability to generate electricity:
- Fluid - Sufficient fluid must exist naturally or be pumped into the reservoir.
- Heat - The Earth's temperature naturally increases with depth and varies based on geographic location.
- Permeability - In order to access heat, the fluid must come into contact with the heated rock, either via natural fractures or through stimulating the rock.
Enhanced Geothermal Systems Industry Overview
The global enhanced geothermal system (EGS) market is estimated to be $1,841.4 million in 2020. It is projected to reach a value of $3,673.1 million by 2030, at a CAGR of 7.1% during the forecast period (2022-2030).
Market Segmentation
Enhanced Geothermal Systems Market by Depth
At high depth, the temperature of the Earth crust increases. Additionally, with the rise in temperature, the performance of EGS plants increases exponentially. Moreover, as the well temperature increases in an EGS plant, the power price becomes competitive with other energy generating sources.
Enhanced Geothermal Systems Market by Power Station Type
Flash steam plants make up almost two-thirds of geothermal energy sources that are installed today and are used where the water-dominated geothermal reservoirs have temperatures that are above 180°C. It is expected that the single flash is going to maintain its position as the major geothermal plant type installations over the forecasted duration.
Enhanced Geothermal Systems Market by End User
The commercial sector is the largest end user of EGS generated electricity globally. In 2020, the commercial sector had an electricity demand of 941.2 terawatt-hours through EGS plants. The commercial sector is energy-intensive sector having greater demand from end-users such as offices, supermarkets/hypermarkets, government, healthcare, hospitality, transportation, educational institutions, cold storage facilities, data centers, banks, department stores, convenience stores, and stadiums.
Enhanced Geothermal Systems Market by Region
North America is the largest market for enhanced geothermal systems globally. The U.S. is the primary area driving expansion in the North America enhanced geothermal energy market, owing to rising clean electricity demand and increased emissions-cutting policies.
Key Market Players and Competition Synopsis
Some of the key players operating in the market include Enel SpA, Ormat Technologies, Inc., AltaRock Energy, Inc., Royal Dutch Shell Plc, Kenya Electricity Generating Company Limited, BESTEC GmbH, SA Géothermie Bouillante, Fuji Electric Co., Ltd., Calpine Corporation, Energy Development Corporation, Mitsubishi Heavy Industries, Ltd, Toshiba Corporation, Ansaldo Energia S.p.A., and Siemens AG.
The companies profiled in the report have been selected post-in-depth interviews with experts and understanding details of companies such as their product portfolios, annual revenues, market penetration, research and development initiatives, and domestic and international presence in the enhanced geothermal system market.
*PDF email from publisher allows for 1-3 users, with permission to print*
Table of Contents
214 Pages
- 1 Markets
- 1.1 Industry Outlook
- 1.1.1 Enhanced Geothermal Systems Trends: Current and Future
- 1.1.1.1 Horizontally Layered Enhanced Geothermal System
- 1.1.1.2 Developments toward Deep EGS
- 1.1.1.3 Prominence of Closed-Loop EGS
- 1.1.1.4 Technological Innovations Improving Enhanced Geothermal Power Plant Efficiencies
- 1.1.1.5 Heavy Investments and Emergence of New Start-Ups
- 1.1.2 Supply Chain Analysis
- 1.1.3 Ecosystem/Ongoing Programs
- 1.1.4 Government Programs
- 1.1.5 Regulatory Bodies, Consortiums and Associations
- 1.2 Market Dynamics
- 1.2.1 Business Drivers
- 1.2.1.1 Reliable Technology to Produce Continuous Baseload Power
- 1.2.1.2 Rise in Energy Demand Due to Increase in Population and Rapid Industrialization
- 1.2.1.3 Emission Reduction along with Energy Security
- 1.2.1.4 Reliable and Controllable Source of Power
- 1.2.2 Business Challenges
- 1.2.2.1 Risks Associated with Exploratory Drilling
- 1.2.2.2 Induced Seismicity
- 1.2.2.3 High Gestation Period for the Plants
- 1.2.2.4 High Initial Costs
- 1.2.3 Business Strategies
- 1.2.3.1 Product Development
- 1.2.4 Corporate Strategies
- 1.2.4.1 Contracts and Agreements
- 1.2.4.2 Mergers and Acquisitions
- 1.2.5 Business Opportunities
- 1.2.5.1 Geothermal Development in the Country Of Africa Provides a Decent Market Opportunity
- 1.2.5.2 Geothermal Plants Combined with Natural Gas Power Plants
- 1.2.5.3 Improving the Efficiency of the Current Generating Sites
- 1.2.5.4 Huge Projects in Indonesia and the Philippines Presents a Market Opportunity to Tap Into
- 2 Business Channel
- 2.1 Global Enhanced Geothermal Systems Market - Application and Specification
- 2.1.1 Global Enhanced Geothermal Systems Market (by End User)
- 2.1.1.1 Commercial
- 2.1.1.2 Industrial
- 2.1.2 Global Enhanced Geothermal Systems Market (by Resource Type)
- 2.1.2.1 Convective Hydrothermal
- 2.1.2.2 Sedimentary Basin
- 2.1.2.3 Solidified Hot Dry Rock
- 2.1.2.4 Part Still Molten Magma
- 2.1.2.5 Geo-Pressured
- 2.1.2.6 Radiogenic
- 2.2 Demand Analysis of Global Enhanced Geothermal Systems Market (by Resource Type)
- 2.2.1 Convective Hydrothermal
- 2.2.2 Sedimentary Basin
- 2.2.3 Solidified Hot Dry Rock
- 2.2.4 Part Still Molten Magma
- 2.2.5 Geo-Pressured
- 2.2.6 Radiogenic
- 2.3 Demand Analysis of Enhanced Geothermal Systems Market (by End User)
- 2.3.1 Commercial
- 2.3.2 Industrial
- 3 Product Type
- 3.1 Global Enhanced Geothermal Systems Market - Product and Specifications
- 3.1.1 Market Product and Specification Based on Power Station Type
- 3.1.1.1 Dry Steam Power Stations
- 3.1.1.2 Flash Steam Power Stations
- 3.1.1.3 Binary Cycle Power Stations
- 3.1.2 Market Product and Specification Based on Depth
- 3.1.2.1 Shallow
- 3.1.2.2 Deep
- 3.1.3 Market Product and Specification Based on Simulation Method
- 3.1.3.1 Hydraulic
- 3.1.3.2 Chemical
- 3.1.3.3 Thermal
- 3.1.3.4 Explosive
- 3.2 Demand Analysis of Enhanced Geothermal Systems Market (by Depth)
- 3.2.1 Shallow
- 3.2.2 Deep
- 3.3 Demand Analysis of Enhanced Geothermal Systems Market (by Stimulation Method)
- 3.4 Demand Analysis of Enhanced Geothermal Systems Market (by Power Station Type)
- 3.4.1 Hydraulic
- 3.4.2 Chemical
- 3.4.3 Thermal
- 3.4.4 Explosive
- 3.4.5 Dry Steam Power Stations
- 3.4.6 Flash Steam Power Stations
- 3.4.7 Binary Cycle Power Stations
- 4 Region
- 4.1 North America
- 4.1.1 Market
- 4.1.1.1 Key Manufacturers and Suppliers in North America
- 4.1.1.2 Business Challenges
- 4.1.1.3 Business Drivers
- 4.1.2 Application
- 4.1.2.1 North America Enhanced Geothermal Systems Market (by Resource Type), Volume and Value Data
- 4.1.2.2 North America Enhanced Geothermal Systems Market (by End User), Volume and Value Data
- 4.1.3 Product
- 4.1.3.1 North America Enhanced Geothermal Systems Market (by Depth), Volume and Value Data
- 4.1.3.2 North America Enhanced Geothermal Systems Market (by Stimulation Method), Volume and Value Data
- 4.1.3.3 North America Enhanced Geothermal Systems Market (by Power Station Type), Volume and Value Data
- 4.1.4 North America (by Country)
- 4.1.4.1 U.S.
- 4.1.4.1.1 Market
- 4.1.4.1.1.1 Overview
- 4.1.4.1.1.2 Key Manufacturers and Suppliers in the U.S.
- 4.1.4.1.1.3 Business Challenges
- 4.1.4.1.1.4 Business Drivers
- 4.1.4.1.1.5 Pricing Analysis
- 4.1.4.1.2 Application
- 4.1.4.1.2.1 U.S. Enhanced Geothermal Systems Market (by Resource Type), Volume and Value Data
- 4.1.4.1.2.2 U.S. Enhanced Geothermal Systems Market (by End User), Volume and Value Data
- 4.1.4.1.3 Product
- 4.1.4.1.3.1 U.S. Enhanced Geothermal Systems Market (by Depth), Volume and Value Data
- 4.1.4.1.3.2 U.S. Enhanced Geothermal Systems Market (by Stimulation Method), Volume and Value Data
- 4.1.4.1.3.3 U.S. Enhanced Geothermal Systems Market (by Power Station Type), Volume and Value Data
- 4.1.4.2 Mexico
- 4.1.4.2.1 Market
- 4.1.4.2.1.1 Overview
- 4.1.4.2.1.2 Key Manufacturers and Suppliers in Mexico
- 4.1.4.2.1.3 Business Challenges
- 4.1.4.2.1.4 Business Drivers
- 4.1.4.2.1.5 Pricing Analysis
- 4.1.4.2.2 Application
- 4.1.4.2.2.1 Mexico Enhanced Geothermal Systems Market (by Resource Type), Volume and Value Data
- 4.1.4.2.2.2 Mexico Enhanced Geothermal Systems Market (by End User), Volume and Value Data
- 4.1.4.2.3 Product
- 4.1.4.2.3.1 Mexico Enhanced Geothermal Systems Market (by Depth), Volume and Value Data
- 4.1.4.2.3.2 Mexico Enhanced Geothermal Systems Market (by Stimulation Method), Volume and Value Data
- 4.1.4.2.3.3 Mexico Enhanced Geothermal Systems Market (by Power Station Type), Volume and Value Data
- 4.2 Europe
- 4.2.1 Market
- 4.2.1.1 Key Manufacturers and Suppliers in Europe
- 4.2.1.2 Business Challenges
- 4.2.1.3 Business Drivers
- 4.2.2 Application
- 4.2.2.1 Europe Enhanced Geothermal Systems Market (by Resource Type), Volume and Value Data
- 4.2.2.2 Europe Enhanced Geothermal Systems Market (by End User), Volume and Value Data
- 4.2.3 Product
- 4.2.3.1 Europe Enhanced Geothermal Systems Market (by Depth), Volume and Value Data
- 4.2.3.2 Europe Enhanced Geothermal Systems Market (by Stimulation Method), Volume and Value Data
- 4.2.3.3 Europe Enhanced Geothermal Systems Market (by Power Station Type), Volume and Value Data
- 4.2.4 Europe (by Country)
- 4.2.4.1 Germany
- 4.2.4.1.1 Market
- 4.2.4.1.1.1 Overview
- 4.2.4.1.1.2 Key Manufacturers and Suppliers in Germany
- 4.2.4.1.1.3 Business Challenges
- 4.2.4.1.1.4 Business Drivers
- 4.2.4.1.1.5 Pricing Analysis
- 4.2.4.1.2 Application
- 4.2.4.1.2.1 Germany Enhanced Geothermal Systems Market (by Resource Type), Volume and Value Data
- 4.2.4.1.2.2 Germany Enhanced Geothermal Systems Market (by End User), Volume and Value Data
- 4.2.4.1.3 Product
- 4.2.4.1.3.1 Germany Enhanced Geothermal Systems Market (by Depth), Volume and Value Data
- 4.2.4.1.3.2 Germany Enhanced Geothermal Systems Market (by Stimulation Method), Volume and Value Data
- 4.2.4.1.3.3 Germany Enhanced Geothermal Systems Market (by Power Station Type), Volume and Value Data
- 4.2.4.2 Russia
- 4.2.4.2.1 Market
- 4.2.4.2.1.1 Overview
- 4.2.4.2.2 Markets
- 4.2.4.2.2.1 Key Manufacturers and Suppliers in Russia
- 4.2.4.2.2.2 Business Challenges
- 4.2.4.2.2.3 Business Drivers
- 4.2.4.2.2.4 Pricing Analysis
- 4.2.4.2.3 Application
- 4.2.4.2.3.1 Russia Enhanced Geothermal Systems Market (by Resource Type), Volume and Value Data
- 4.2.4.2.3.2 Russia Enhanced Geothermal Systems Market (by End User), Volume and Value Data
- 4.2.4.2.4 Product
- 4.2.4.2.4.1 Russia Enhanced Geothermal Systems Market (by Depth), Volume and Value Data
- 4.2.4.2.4.2 Russia Enhanced Geothermal Systems Market (by Stimulation Method), Volume and Value Data
- 4.2.4.2.4.3 Russia Enhanced Geothermal Systems Market (by Power Station Type), Volume and Value Data
- 4.2.4.3 Italy
- 4.2.4.3.1 Market
- 4.2.4.3.1.1 Overview
- 4.2.4.3.1.2 Key Manufacturers and Suppliers in Italy
- 4.2.4.3.1.3 Business Challenges
- 4.2.4.3.1.4 Business Drivers
- 4.2.4.3.1.5 Pricing Analysis
- 4.2.4.3.2 Application
- 4.2.4.3.2.1 Italy Enhanced Geothermal Systems Market (by Resource Type), Volume and Value Data
- 4.2.4.3.2.2 Italy Enhanced Geothermal Systems Market (by End User), Volume and Value Data
- 4.2.4.3.3 Product
- 4.2.4.3.3.1 Italy Enhanced Geothermal Systems Market (by Depth), Volume and Value Data
- 4.2.4.3.3.2 Italy Enhanced Geothermal Systems Market (by Stimulation Method), Volume and Value Data
- 4.2.4.3.3.3 Italy Enhanced Geothermal Systems Market (by Power Station Type), Volume and Value Data
- 4.2.4.4 Rest-of-Europe
- 4.2.4.4.1 Market
- 4.2.4.4.1.1 Overview
- 4.2.4.4.1.2 Key Manufacturers and Suppliers in Rest-of-Europe
- 4.2.4.4.1.3 Business Challenges
- 4.2.4.4.1.4 Business Drivers
- 4.2.4.4.1.5 Pricing Analysis
- 4.2.4.4.2 Application
- 4.2.4.4.2.1 Rest-of-Europe Enhanced Geothermal Systems Market (by Resource Type), Volume and Value Data
- 4.2.4.4.2.2 Rest-of-Europe Enhanced Geothermal Systems Market (by End User), Volume and Value Data
- 4.2.4.4.3 Product
- 4.2.4.4.3.1 Rest-of-Europe Enhanced Geothermal Systems Market (by Depth), Volume and Value Data
- 4.2.4.4.3.2 Rest-of-Europe Enhanced Geothermal Systems Market (by Stimulation Method), Volume and Value Data
- 4.2.4.4.3.3 Rest-of-Europe Enhanced Geothermal Systems Market (by Power Station Type), Volume and Value Data
- 4.3 Asia-Pacific and Japan (APJ)
- 4.3.1 Market
- 4.3.1.1 Key Manufacturers and Suppliers in the Asia-Pacific and Japan
- 4.3.1.2 Business Challenges
- 4.3.1.3 Business Drivers
- 4.3.2 Application
- 4.3.2.1 Asia-Pacific and Japan Enhanced Geothermal Systems Market (by Resource Type), Volume and Value Data
- 4.3.2.2 Asia-Pacific and Japan Enhanced Geothermal Systems Market (by End User), Volume and Value Data
- 4.3.3 Product
- 4.3.3.1 Asia-Pacific and Japan Enhanced Geothermal Systems Market (by Depth), Volume and Value Data
- 4.3.3.2 Asia-Pacific and Japan Enhanced Geothermal Systems Market (by Stimulation Method), Volume and Value Data
- 4.3.3.3 Asia-Pacific and Japan Enhanced Geothermal Systems Market (by Power Station Type), Volume and Value Data
- 4.3.4 Asia-Pacific and Japan (by Country)
- 4.3.4.1 Japan
- 4.3.4.1.1 Market
- 4.3.4.1.1.1 Overview
- 4.3.4.1.1.2 Key Manufacturers and Suppliers in Japan
- 4.3.4.1.1.3 Business Challenges
- 4.3.4.1.1.4 Business Drivers
- 4.3.4.1.1.5 Pricing Analysis
- 4.3.4.1.2 Application
- 4.3.4.1.2.1 Japan Enhanced Geothermal Systems Market (by Resource Type), Volume and Value Data
- 4.3.4.1.2.2 Japan Enhanced Geothermal Systems Market (by End User), Volume and Value Data
- 4.3.4.1.3 Product
- 4.3.4.1.3.1 Japan Enhanced Geothermal Systems Market (by Depth), Volume and Value Data
- 4.3.4.1.3.2 Japan Enhanced Geothermal Systems Market (by Stimulation Method), Volume and Value Data
- 4.3.4.1.3.3 Japan Enhanced Geothermal Systems Market (by Power Station Type), Volume and Value Data
- 4.3.4.2 Indonesia
- 4.3.4.2.1 Market
- 4.3.4.2.1.1 Overview
- 4.3.4.2.1.2 Key Manufacturers and Suppliers in Indonesia
- 4.3.4.2.1.3 Business Challenges
- 4.3.4.2.1.4 Business Drivers
- 4.3.4.2.1.5 Pricing Analysis
- 4.3.4.2.2 Application
- 4.3.4.2.2.1 Indonesia Enhanced Geothermal Systems Market (by Resource Type), Volume and Value Data
- 4.3.4.2.2.2 Indonesia Enhanced Geothermal Systems Market (by End User), Volume and Value Data
- 4.3.4.2.3 Product
- 4.3.4.2.3.1 Indonesia Enhanced Geothermal Systems Market (by Depth), Volume and Value Data
- 4.3.4.2.3.2 Indonesia Enhanced Geothermal Systems Market (by Stimulation Method), Volume and Value Data
- 4.3.4.2.3.3 Indonesia Enhanced Geothermal Systems Market (by Power Station Type), Volume and Value Data
- 4.3.4.3 Philippines
- 4.3.4.3.1 Market
- 4.3.4.3.1.1 Overview
- 4.3.4.3.1.2 Key Manufacturers and Suppliers in the Philippines
- 4.3.4.3.1.3 Business Challenges
- 4.3.4.3.1.4 Business Drivers
- 4.3.4.3.1.5 Pricing Analysis
- 4.3.4.3.2 Application
- 4.3.4.3.2.1 Philippines Enhanced Geothermal Systems Market (by Resource Type), Volume and Value Data
- 4.3.4.3.2.2 Philippines Enhanced Geothermal Systems Market (by End User), Volume and Value Data
- 4.3.4.3.3 Product
- 4.3.4.3.3.1 Philippines Enhanced Geothermal Systems Market (by Depth), Volume and Value Data
- 4.3.4.3.3.2 Philippines Enhanced Geothermal Systems Market (by Stimulation Method), Volume and Value Data
- 4.3.4.3.3.3 Philippines Enhanced Geothermal Systems Market (by Power Station Type), Volume and Value Data
- 4.3.4.4 New Zealand
- 4.3.4.4.1 Market
- 4.3.4.4.1.1 Overview
- 4.3.4.4.1.2 Key Manufacturers and Suppliers in New Zealand
- 4.3.4.4.1.3 Business Challenges
- 4.3.4.4.1.4 Business Drivers
- 4.3.4.4.1.5 Pricing Analysis
- 4.3.4.4.2 Application
- 4.3.4.4.2.1 New Zealand Enhanced Geothermal Systems Market (by Resource Type), Volume and Value Data
- 4.3.4.4.2.2 New Zealand Enhanced Geothermal Systems Market (by End User), Volume and Value Data
- 4.3.4.4.3 Product
- 4.3.4.4.3.1 New Zealand Enhanced Geothermal Systems Market (by Depth), Volume and Value Data
- 4.3.4.4.3.2 New Zealand Enhanced Geothermal Systems Market (by Stimulation Method), Volume and Value Data
- 4.3.4.4.3.3 New Zealand Enhanced Geothermal Systems Market (by Power Station Type), Volume and Value Data
- 4.3.4.5 Rest-of-Asia-Pacific
- 4.3.4.5.1 Market
- 4.3.4.5.1.1 Overview
- 4.3.4.5.1.2 Key Manufacturers and Suppliers in the Rest-of-Asia-Pacific
- 4.3.4.5.1.3 Business Challenges
- 4.3.4.5.1.4 Business Drivers
- 4.3.4.5.1.5 Pricing Analysis
- 4.3.4.5.2 Application
- 4.3.4.5.2.1 Rest of Asia-Pacific Enhanced Geothermal Systems Market (by Resource Type), Volume and Value Data
- 4.3.4.5.2.2 Rest of Asia-Pacific Enhanced Geothermal Systems Market (by End User), Volume and Value Data
- 4.3.4.5.3 Product
- 4.3.4.5.3.1 Rest of Asia-Pacific Enhanced Geothermal Systems Market (by Depth), Volume and Value Data
- 4.3.4.5.3.2 Rest of Asia-Pacific Enhanced Geothermal Systems Market (by Stimulation Method), Volume and Value Data
- 4.3.4.5.3.3 Rest of Asia-Pacific Enhanced Geothermal Systems Market (by Power Station Type), Volume and Value Data
- 4.4 China
- 4.4.1 Market
- 4.4.1.1 Overview
- 4.4.1.2 Key Manufacturers and Suppliers in China
- 4.4.1.3 Business Challenges
- 4.4.1.4 Business Drivers
- 4.4.1.4.1 Pricing Analysis
- 4.4.2 Application
- 4.4.2.1 China Enhanced Geothermal Systems Market (by Resource Type), Volume and Value Data
- 4.4.2.2 China Enhanced Geothermal Systems Market (by End User), Volume and Value Data
- 4.4.3 Product
- 4.4.3.1 China Enhanced Geothermal Systems Market (by Depth), Volume and Value Data
- 4.4.3.2 China Enhanced Geothermal Systems Market (by Stimulation Method), Volume and Value Data
- 4.4.3.3 China Enhanced Geothermal Systems Market (by Power Station Type), Volume and Value Data
- 4.5 Rest-of-the-World (RoW)
- 4.5.1 Market
- 4.5.1.1 Overview
- 4.5.1.2 Key Manufacturers and Suppliers in Rest-of-the-World
- 4.5.1.3 Business Challenges
- 4.5.1.4 Business Drivers
- 4.5.1.4.1 Pricing Analysis
- 4.5.2 Application
- 4.5.2.1 RoW Enhanced Geothermal Systems Market (by Resource Type), Volume and Value Data
- 4.5.2.2 RoW Enhanced Geothermal Systems Market (by End User), Volume and Value Data
- 4.5.3 Product
- 4.5.3.1 RoW Enhanced Geothermal Systems Market (by Depth), Volume and Value Data
- 4.5.3.2 RoW Enhanced Geothermal Systems Market (by Stimulation Method), Volume and Value Data
- 4.5.3.3 RoW Enhanced Geothermal Systems Market (by Power Station Type), Volume and Value Data
- 5 Markets - Competitive Benchmarking & Company Profiles
- 5.1 Plant Level Analysis
- 5.2 Company Profiles
- 5.2.1 Enel SpA
- 5.2.1.1 Company Overview
- 5.2.1.1.1 Product Portfolio
- 5.2.1.1.2 R&D Analysis
- 5.2.1.2 Corporate Strategies
- 5.2.1.2.1 Contracts and Agreements
- 5.2.1.2.2 Mergers and Acquisitions
- 5.2.1.3 Competitive Position
- 5.2.1.3.1 Strengths of the Company
- 5.2.1.3.2 Weakness of the Company
- 5.2.2 Ormat Technologies, Inc.
- 5.2.2.1 Company Overview
- 5.2.2.1.1 Product Portfolio
- 5.2.2.1.2 R&D Analysis
- 5.2.2.2 Corporate Strategies
- 5.2.2.2.1 Contracts and Agreements
- 5.2.2.2.2 Mergers & Acquisitions
- 5.2.2.3 Competitive Position
- 5.2.2.3.1 Strengths of the Company
- 5.2.2.3.2 Weakness of the Company
- 5.2.3 AltaRock Energy, Inc.
- 5.2.3.1 Company Overview
- 5.2.3.1.1 Product Portfolio
- 5.2.3.2 Business Strategies
- 5.2.3.2.1 AltaRock Energy, Inc.: Product Development
- 5.2.3.3 Competitive Position
- 5.2.3.3.1 Strength of the Company
- 5.2.3.3.2 Weakness of the Company
- 5.2.4 Royal Dutch Shell Plc
- 5.2.4.1 Company Overview
- 5.2.4.1.1 Product Portfolio
- 5.2.4.1.2 R&D Analysis
- 5.2.4.2 Competitive Position
- 5.2.4.2.1 Strengths of the Company
- 5.2.4.2.2 Weakness of the Company
- 5.2.5 Kenya Electricity Generating Company Limited
- 5.2.5.1 Company Overview
- 5.2.5.1.1 Product Portfolio
- 5.2.5.2 Business Strategies
- 5.2.5.2.1 Kenya Electricity Generating Company Limited: Product Development
- 5.2.5.2.2 Kenya Electricity Generating Company Limited: Market Development
- 5.2.5.3 Competitive Position
- 5.2.5.3.1 Strengths of the company
- 5.2.5.3.2 Weakness of the company
- 5.2.6 BESTEC GmbH
- 5.2.6.1 Company Overview
- 5.2.6.1.1 Product Portfolio
- 5.2.6.2 Business Strategies
- 5.2.6.2.1 BESTEC GmbH: Product Development
- 5.2.6.3 Corporate Strategies
- 5.2.6.3.1 BESTEC GmbH: Partnerships and Collaborations
- 5.2.6.4 Competitive Position
- 5.2.6.4.1 Strength of the company
- 5.2.6.4.2 Weakness of the company
- 5.2.7 SA Géothermie Bouillante
- 5.2.7.1 Company Overview
- 5.2.7.1.1 Product Portfolio
- 5.2.7.2 Business Strategies
- 5.2.7.2.1 Product Development
- 5.2.7.3 Competitive Position
- 5.2.7.3.1 Strength of the company
- 5.2.7.3.2 Weakness of the company
- 5.2.8 Fuji Electric Co., Ltd.
- 5.2.8.1 Company Overview
- 5.2.8.1.1 Product Portfolio
- 5.2.8.1.2 R&D Analysis
- 5.2.8.2 Business Strategies
- 5.2.8.2.1 Fuji Electric Co., Ltd.: Product Development
- 5.2.8.3 Competitive Position
- 5.2.8.3.1 Strengths of the company
- 5.2.8.3.2 Weakness of the company
- 5.2.9 Calpine Corporation
- 5.2.9.1 Company Overview
- 5.2.9.2 Product Portfolio
- 5.2.9.3 Business Strategies
- 5.2.9.3.1 Calpine Corporation: Market Development
- 5.2.9.4 Corporate Strategies
- 5.2.9.4.1 Calpine Corporation: Partnerships, Joint Ventures, Collaborations, and Alliances
- 5.2.9.5 Competitive Position
- 5.2.9.5.1 Strengths of the Company
- 5.2.9.5.2 Weakness of the Company
- 5.2.10 Energy Development Corporation
- 5.2.10.1 Company Overview
- 5.2.10.2 Product Portfolio
- 5.2.10.3 Corporate Strategies
- 5.2.10.3.1 Energy Development Corporation (EDC): Contracts and Agreements
- 5.2.10.4 Competitive Position
- 5.2.10.4.1 Strength of the Company
- 5.2.10.4.2 Weakness of the Company
- 5.2.11 Mitsubishi Heavy Industries, Ltd
- 5.2.11.1 Company Overview
- 5.2.11.1.1 Product Portfolio
- 5.2.11.1.2 R&D Analysis
- 5.2.11.2 Corporate Strategies
- 5.2.11.2.1 Mitsubishi Heavy Industries, Ltd: Partnerships and Collaborations
- 5.2.11.3 Competitive Position
- 5.2.11.3.1 Strengths of the Company
- 5.2.11.3.2 Weakness of the Company
- 5.2.12 Toshiba Corporation
- 5.2.12.1 Company Overview
- 5.2.12.1.1 Product Portfolio
- 5.2.12.1.2 R&D Analysis
- 5.2.12.2 Corporate Strategies
- 5.2.12.2.1 Contracts and Agreements
- 5.2.12.3 Competitive Position
- 5.2.12.3.1 Strengths of the Company
- 5.2.12.3.2 Weakness of the Company
- 5.2.13 Ansaldo Energia S.p.A.
- 5.2.13.1 Company Overview
- 5.2.13.1.1 Product Portfolio
- 5.2.13.1.2 R&D Analysis
- 5.2.13.2 Competitive Position
- 5.2.13.2.1 Strength of the Company
- 5.2.13.2.2 Weakness of the Company
- 5.2.14 Siemens AG
- 5.2.14.1 Company Overview
- 5.2.14.1.1 Product Portfolio
- 5.2.14.1.2 R&D Analysis
- 5.2.14.2 Competitive Position
- 5.2.14.2.1 Strengths of the Company
- 5.2.14.2.2 Weakness of the Company
- 6 Research Methodology
- 6.1 Data Sources
- 6.1.1 Primary Data Sources
- 6.1.2 Secondary Data Sources
- 6.2 Market Estimation and Forecasting
- 6.2.1 Top-Down and Bottom-Up Approach
- 6.2.2 Assumptions and Limitations
- List of Figures
- Figure 1: Global Enhanced Geothermal Systems Market Overview, $Million and Megawatt Electric (MWe), 2020-2030
- Figure 2: Enhanced Geothermal Systems Market (by Depth), $Million, 2020-2030
- Figure 3: Enhanced Geothermal Systems Market (by Power Station Type), $Million, 2020-2030
- Figure 4: Enhanced Geothermal Systems Market (by Simulation Method), $Million, 2020-2030
- Figure 5: Enhanced Geothermal Systems Market (by Power Station Type), $Million, 2020-2030
- Figure 6: Global Enhanced Geothermal Systems Market (by Region), $Million, 2020
- Figure 7: Global Enhanced Geothermal Systems Market Coverage
- Figure 8: Supercritical Cycle and Steam Cycle Temperature-Entropy Chart Comparison
- Figure 9: Supply Chain Analysis of Enhanced Geothermal Systems Market
- Figure 10: Global Enhanced Geothermal Systems Market Dynamics
- Figure 11: Risks Involved in a Typical Geothermal Project
- Figure 12: Key Business Strategies, 2018-2021
- Figure 13: Product Development (by Company), 2018-2021
- Figure 14: Key Corporate Strategies (by Company), 2018-2021
- Figure 15: Contracts and Agreements (by Company), 2018-2021
- Figure 16: Mergers and Acquisitions (by Company), 2018-2021
- Figure 17: Global Enhanced Geothermal Systems Market (by Application)
- Figure 18: Global Convective Hydrothermal EGS Market, $Million and MWe, 2020-2030
- Figure 19: Global Sedimentary Basin EGS Market, $Million and MWe, 2020-2030
- Figure 20: Global Solidified Hot Dry Rock EGS Market, $Million and MWe, 2020-2030
- Figure 21: Global Part Still Molten Magma EGS Market, $Million and MWe, 2020-2030
- Figure 22: Global Geo-Pressured EGS Market, $Million and MWe, 2020-2030
- Figure 23: Global Radiogenic EGS Market, $Million and MWe, 2020-2030
- Figure 24: Global Commercial EGS Market, $Million and MWe, 2020-2030
- Figure 25: Globa Industrial EGS Market, $Million and MWe, 2020-2030
- Figure 26: Global Enhanced Geothermal Systems Market (by Product)
- Figure 27: Global Shallow EGS Market, $Million and MWe, 2020-2030
- Figure 28: Global Deep EGS Market, $Million and MWe, 2020-2030
- Figure 29: Global Hydraulic EGS Market, $Million and MWe, 2020-2030
- Figure 30: Global Chemical EGS Market, $Million and MWe, 2020-2030
- Figure 31: Global Thermal EGS Market, $Million and MWe, 2020-2030
- Figure 32: Global Explosive EGS Market, $Million and MWe, 2020-2030
- Figure 33: Global Dry Steam Power Stations EGS Market, $Million and MWe, 2020-2030
- Figure 34: Global Flash Steam Power Stations EGS Market, $Million and MWe, 2020-2030
- Figure 35: Global Binary Cycle Power Stations EGS Market, $Million and MWe, 2020-2030
- Figure 36: Price of Electricity Generation Through EGS in the U.S.
- Figure 37: Price of Electricity Generation Through EGS in Mexico
- Figure 38: Price of Electricity Generation Through EGS in Germany
- Figure 39: Price of Electricity Generation Through EGS in Russia
- Figure 40: Price of Electricity Generation Through EGS in Italy
- Figure 41: Price of Electricity Generation Through EGS in Rest-of-Europe
- Figure 42: Price of Electricity Generation Through EGS in Japan
- Figure 43: Price of Electricity Generation through EGS in Indonesia
- Figure 44: Price of Electricity Generation Through EGS in the Philippines
- Figure 45: Price of Electricity Generation Through EGS in New Zealand
- Figure 46: Price of Electricity Generation Through EGS in the Rest-of-Asia-Pacific
- Figure 47: Price of Electricity Generation Through EGS in China
- Figure 48: Price of Electricity Generation Through EGS in RoW
- Figure 49: Enel SpA: R&D Expenditure, $Million, 2018-2020
- Figure 50: Ormat Technologies, Inc.: R&D Expenditure, $Million, 2018-2020
- Figure 51: Royal Dutch Shell Plc: R&D Expenditure, $Million, 2018-2020
- Figure 52: Fuji Electric Co., Ltd.: R&D Expenditure, $Million, 2018-2020
- Figure 53: Mitsubishi Heavy Industries, Ltd: R&D Expenditure, $Million, 2018-2020
- Figure 54: Toshiba Corporation: R&D Expenditure, $Million, 2018-2020
- Figure 55: Ansaldo Energia S.p.A.: R&D Expenditure, $Million, 2018-2020
- Figure 56: Siemens AG: R&D Expenditure, $Million, 2018-2020
- Figure 57: Research Methodology
- Figure 58: Top-Down and Bottom-Up Approach
- Figure 59: Assumptions and Limitations
- List of Tables
- Table 1: Enhanced Geothermal Systems Market Overview
- Table 2: Deep EGS Ongoing Projects
- Table 3: Emerging Start-Ups
- Table 4: Government Programs for EGS systems around the Globe
- Table 5: Global Enhanced Geothermal Systems Market (by Resource Type), MWe, 2020-2030
- Table 6: Global Enhanced Geothermal Systems Market (by Resource Type), $Million, 2020-2030
- Table 7: Global Enhanced Geothermal Systems Market (by End User), MWe, 2020-2030
- Table 8: Global Enhanced Geothermal Systems Market (by End User), $Million, 2020-2030
- Table 9: Global Enhanced Geothermal Systems Market (by Depth), MWe, 2020-2030
- Table 10: Global Enhanced Geothermal Systems Market (by Depth), $Million, 2020-2030
- Table 11: Global Enhanced Geothermal Systems Market (by Stimulation Method), MWe, 2020-2030
- Table 12: Global Enhanced Geothermal Systems Market (by Stimulation Method), $Million, 2020-2030
- Table 13: Global Enhanced Geothermal Systems Market (by Power Station Type), MWe, 2020-2030
- Table 14: Global Enhanced Geothermal Systems Market (by Power Station Type), $Million, 2020-2030
- Table 15: Global Enhanced Geothermal Systems Market (by Region), MWe, 2020-2030
- Table 16: Global Enhanced Geothermal Systems Market (by Region), $Million, 2020-2030
- Table 17: North America Enhanced Geothermal Systems Market (by Resource Type), MWe, 2020-2030
- Table 18: North America Enhanced Geothermal Systems Market (by Resource Type), $Million, 2020-2030
- Table 19: North America Enhanced Geothermal Systems Market (by End User), MWe, 2020-2030
- Table 20: North America Enhanced Geothermal Systems Market (by End User), $Million, 2020-2030
- Table 21: North America Enhanced Geothermal Systems Market (by Depth), MWe, 2020-2030
- Table 22: North America Enhanced Geothermal Systems Market (by Depth), $Million, 2020-2030
- Table 23: North America Enhanced Geothermal Systems Market (by Stimulation Method), MWe, 2020-2030
- Table 24: North America Enhanced Geothermal Systems Market (by Stimulation Method), $Million, 2019-2025
- Table 25: North America Enhanced Geothermal Systems Market (by Power Station Type), MWe, 2020-2030
- Table 26: North America Enhanced Geothermal Systems Market (by Power Station Type), $Million, 2019-2025
- Table 27: U.S. Enhanced Geothermal Systems Market (by Resource Type), MWe, 2020-2030
- Table 28: U.S. Enhanced Geothermal Systems Market (by Resource Type), $Million, 2020-2030
- Table 29: U.S. Enhanced Geothermal Systems Market (by End User), MWe, 2020-2030
- Table 30: U.S. Enhanced Geothermal Systems Market (by End User), $Million, 2020-2030
- Table 31: U.S. Enhanced Geothermal Systems Market (by Depth), MWe, 2020-2030
- Table 32: U.S. Enhanced Geothermal Systems Market (by Depth), $Million, 2020-2030
- Table 33: U.S. Enhanced Geothermal Systems Market (by Stimulation Method), MWe, 2020-2030
- Table 34: U.S. Enhanced Geothermal Systems Market (by Stimulation Method), $Million, 2019-2025
- Table 35: U.S. Enhanced Geothermal Systems Market (by Power Station Type), MWe, 2020-2030
- Table 36: U.S. Enhanced Geothermal Systems Market (by Power Station Type), $Million, 2019-2025
- Table 37: Mexico Enhanced Geothermal Systems Market (by Resource Type), MWe, 2020-2030
- Table 38: Mexico Enhanced Geothermal Systems Market (by Resource Type), $Million, 2020-2030
- Table 39: Mexico Enhanced Geothermal Systems Market (by End User), MWe, 2020-2030
- Table 40: Mexico Enhanced Geothermal Systems Market (by End User), $Million, 2020-2030
- Table 41: Mexico Enhanced Geothermal Systems Market (by Depth), MWe, 2020-2030
- Table 42: Mexico Enhanced Geothermal Systems Market (by Depth), $Million, 2020-2030
- Table 43: Mexico Enhanced Geothermal Systems Market (by Stimulation Method), MWe, 2020-2030
- Table 44: Mexico Enhanced Geothermal Systems Market (by Stimulation Method), $Million, 2019-2025
- Table 45: Mexico Enhanced Geothermal Systems Market (by Power Station Type), MWe, 2020-2030
- Table 46: Mexico Enhanced Geothermal Systems Market (by Power Station Type), $Million, 2019-2025
- Table 47: Europe Enhanced Geothermal Systems Market (by Resource Type), MWe, 2020-2030
- Table 48: Europe Enhanced Geothermal Systems Market (by Resource Type), $Million, 2020-2030
- Table 49: Europe Enhanced Geothermal Systems Market (by End User), MWe, 2020-2030
- Table 50: Europe Enhanced Geothermal Systems Market (by End User), $Million, 2020-2030
- Table 51: Europe Enhanced Geothermal Systems Market (by Depth), MWe, 2020-2030
- Table 52: Europe Enhanced Geothermal Systems Market (by Depth), $Million, 2020-2030
- Table 53: Europe Enhanced Geothermal Systems Market (by Stimulation Method), MWe, 2020-2030
- Table 54: Europe Enhanced Geothermal Systems Market (by Stimulation Method), $Million, 2019-2025
- Table 55: Europe Enhanced Geothermal Systems Market (by Power Station Type), MWe, 2020-2030
- Table 56: Europe Enhanced Geothermal Systems Market (by Power Station Type), $Million, 2019-2025
- Table 57: Germany Enhanced Geothermal Systems Market (by Resource Type), MWe, 2020-2030
- Table 58: Germany Enhanced Geothermal Systems Market (by Resource Type), $Million, 2020-2030
- Table 59: Germany Enhanced Geothermal Systems Market (by End User), MWe, 2020-2030
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