Global geothermal - market and technology assessment / International Renewable Energy Agency.

Format:

Book

Author/Creator:

International Renewable Energy Agency, author, issuing body.

Language:

English

Subjects (All):

Geothermal resources.

Geothermal power plants.

Physical Description:

1 online resource (135 pages) : illustrations

Place of Publication:

Abu Dhabi, United Arab Emirates : International Renewable Energy Agency, 2023.

Summary:

Geothermal energy - a clean and reliable source of heat and electricity - will play a critical role in the clean energy transition alongside other renewable energy sources. Geothermal resources are widely available in areas with volcanic activity, as well as in sedimentary basins. With the recent accelerated deployment of variable power from wind and solar photovoltaic, geothermal can contribute to the stabilisation of electricity grids. In addition, geothermal energy technology has evolved beyond its focus on the electricity market to encompass a broader range of applications within the energy sector, including for sustainable heating and cooling. These attributes make geothermal a cost-effective and weather-independent source of renewable energy. Electricity generation from geothermal energy has grown at a modest rate of around 3.5% annually, reaching a total installed capacity of approximately 15.96 gigawatts electric (GWe) in 2021. Geothermal still accounts for a mere 0.5% of renewables-based installed capacity for electricity generation, and heating and cooling, globally.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

1-5231-5192-7