The MarketWatch News Department was not involved in the creation of this content. Geothermal Power Market to Reach $14.5 billion, Globally, by 2034 at 7.0% CAGR: Allied Market Research WILMINGTON, Del ...
Geothermal power, which harnesses the Earth’s natural heat for electricity generation, heating, and industrial processes, is recognized within the energy sector for its high capacity factor. This ...
The global geothermal power market is forecast to nearly double in value from $7.4 billion in 2024 to $14.5 billion by 2034, reflecting a 7.0% Compound Annual Growth Rate. Market expansion is heavily ...