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Global geothermal industry passes 12,000 MW operational

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The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). In Nevada, NV Energy is looking to replace coal plants with 300 MW of renewable energy, including geothermal.

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Pike Research forecasts global geothermal power capacity could more than double by 2020; US to lead world in geothermal power capacity through 2020

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Subsequently, two geothermal energy projects led by researchers at the National Energy Technology Laboratory (NETL) were selected to receive funding from the US Department of Energy•s Office of Energy Efficiency and Renewable Energy. Pike forecasts that total US geothermal capacity will reach 4.2 GW by 2020.

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