U.S. Geothermal Power and Heating Market Report gives Insights

The 2021 U.S. Geothermal Power Production and District Heating Market Report, published by the U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL). It showcases the current state of geothermal energy use in the United States and provides an outlook to a future where geothermal power and heat can play a key role in the nation’s transition to a renewable energy future.

As the report was released on July 14, 2021, during our summer break, we are only now posting it. The report, 2021 U.S. Geothermal Power Production and District Heating Market Report, will serve as a valuable resource for policymakers, researchers, engineers, regulators, developers, financiers, and other decision-makers by providing up-to-date information.

Data reflecting 2019 geothermal power production and district heating markets, technologies, and trends in the United States. The study covers a void caused by the Geothermal Energy Association’s (GEA) seizure of US geothermal industry data in 2016. The report was co-authored by Geothermal Rising and industry partners. In the year 2020, the key findings will be presented.Increased use of geothermal energy for heating and cooling in the United States can help the country meet its national decarbonization targets of halving emissions by 2030 and achieving a carbon-free electric sector by 2035. Geothermal district heating is a mature technology that is now widely used in Europe and Asia. The geothermal energy sector is geared for technological advancements in the future.

Integrating heat pump technology and thermal energy storage, as well as the deployment and optimization of energy districts, are all examples of innovative approaches to geothermal district heating. In addition, new public and private stakeholders are embracing geothermal as a carbon-free heating and cooling solution for reaching decarbonization targets on campus, including colleges and firms like Microsoft and Google.