Geothermal energy is well positioned within the renewable-energy market because it is cost-competitive and because of its ability to supply base-load power. Short-term financial challenges will constrain growth in the short term, but the next decade will be one of "unparalleled" growth, Sephure says.
Top three markets to dominate development
Some 68% of new geothermal projects will take place in the current market-leading countries - the US, the Philippines and Indonesia, according to analysts Emerging Energy Research (EER).
8 April 2009 22:00 GMT
Updated
25 November 2012 9:44 GMT
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