Overview

Full steam ahead: Environmental concerns and favorable legislation will boost industry demand

IBISWorld’s Geothermal Electricity Plant Operation market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • Ample untapped geothermal resources in the United States will enable industry expansion
  • Technology has allowed the industry to expand its reach and increase production
  • Demand from developing countries will continue expanding, keeping prices high

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    Industry Analysis & Industry Trends

    Although the industry has experienced overall favorable conditions over the past five years, it has struggled somewhat since 2013. Decreased federal funding for renewable energy, coupled with insufficient transmission line capabilities and low natural gas prices, reduced new capacity additions. Over the next five years, the industry is poised to experience strong growth. As RPS deadlines approach, state utilities will increasingly demand higher quantities of renewable energy, stimulating demand for geothermal power producers. Moreover, ample untapped geothermal resources in the United States enable industry room to expand...

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    Industry Report - Starting a New Business Chapter

    As evidenced by the high concentration of geothermal projects in the West region, particularly California, significant competition exists for the limited number of geothermal opportunities available. As a result of this competition, firms may be unable to acquire additional geothermal projects beyond those on currently leased property. Further, the limited availability of leases makes establishing favorable lease terms more difficult. Larger, well-established companies with greater financial resources and more advanced technical expertise may be able to capitalize on land opportunities, whereas smaller firms may have access but lack the means to develop. Las..

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    Additional Insights for the Geothermal Electricity Plant Operation Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Geothermal Electricity Plant Operation Industry are

  • Ability to find new resource deposits
  • Access to the latest technologies
  • Understanding government policies and their implications
  • IBISWorld analysts also discuss how external factors such as Government assistance and Technological change in the Geothermal Electricity Plant Operation industry impact industry performance..

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    Industry Products

    What is the Geothermal Electricity Plant Operation Industry?

    Establishments in this industry primarily operate geothermal-electricity (geo-electric) plants. These facilities use heat from the earth to produce electric energy. The electric energy produced in these plants is provided to electric power transmission or distribution systems.

    Industry Products
    Dry steam geothermal systems
    Flash geothermal systems
    Binary geothermal systems
    Industry Activities
    Producing electricity from dry steam geothermal systems
    Producing electricity from flash geothermal systems
    Producing electricity through binary geothermal systems

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Government assistance
  • Technological change
  • Price of electric power
  • Price of natural gas
  • World price of steaming coal

  • Current Performance
  • Beneficial legislation
  • Rising electricity price and profitability
  • Chart: Revenue Growth

  • Industry Outlook
  • Electricity costs continue rising
  • State funding
  • Industry expansion
  • Table: Geothermal Electricity Plant Operation Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Geothermal Electricity Plant Operation Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Electric Power Transmission
  • Construction
  • Manufacturing
  • Consumers

  • Key Selling Industries
  • Construction
  • Engine & Turbine Manufacturing
  • Metal Pipe & Tube Manufacturing
  • Transmission Line Construction

  • Products & Services
  • Dry steam geothermal systems
  • Flash geothermal systems
  • Binary geothermal systems
  • Chart: Geothermal Electricity Plant Operation Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Private leases
  • Federal leases
  • Chart: Major Market Segmentation for the Geothermal Electricity Plant Operation Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Depreciation
  • Purchases
  • Wages
  • Rent and utilities
  • Other costs and marketing
  • Chart: Cost Structure Benchmarking – Sector vs Geothermal Electricity Plant Operation

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Geothermal Electricity Plant Operation Industry

  • Industry Globalization
    Major Companies
    Calpine CorporationOrmatTerra-Gen LLCBHE Renewables
  • Table: Calpine Corporation - financial performance
  • Table: Ormat - financial performance
  • Table: Terra-Gen LLC - financial performance
  • Table: BHE Renewables - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Geothermal Electricity Plant Operation Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Geothermal Electricity Plant Operation Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Annual geothermal electricity generation megawatt hours (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Co-Produced Geothermal
  • Hot water produced as a byproduct of oil and gas production that can be harnessed to power turbines and generate electricity.
  • Enhanced Geothermal System
  • A subsurface system that injects water through open fractures in hot rock to extract steam to the surface and transfer it to a power unit.
  • Geothermal
  • Of or relating to the heat of the earth's interior.
  • Hydrothermal
  • Of or relating to hot water.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Geothermal Electricity Plant Operation:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Geothermal Electricity Plant Operation market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Geothermal Electricity Plant Operation, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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