Description
CCBJ estimates the Geothermal Power industry generated global revenues of $6.8 billion in 2008, with power sales from the approximately 10 GW of geothermal power capacity currently online accounting for $4.8 billion or 71% of the total. In the United States, CCBJ shows power sales generating $1.5 billion in 2008, followed by sales of services such as exploration, resource development and plant construction at $540 million and equipment sales at $257 million.
In this edition, CCBJ explores finance, policy, market and technology issues in depth with project developers, lenders, investors, researchers and industry analysts. We also examine the emergence of competitors to Ormat for the fast-growing low-temperature segment of geothermal, the tantalizing potential of enhanced geothermal systems (EGS), also known as hot dry rock (HDR), and market opportunities and barriers in developing countries.
Inside this edition:
- How Ormat rose to its status as the only vertically integrated geothermal power company, and what newer entrants to the binary segment like Raser Technologies, Turbine Air Systems and Exorka are doing to compete with the industry leader.
- Roundtable discussion with geothermal project developers at Greenpower Conference’s March 2009 Geothermal Innovation and Investment Forum highlights the risks and costs of development, as well as the upside potential.
- Which countries in Asia, Africa and Latin America have the right policies and economic conditions to exploit their geothermal resources? CCBJ draws on New Energy Finance’s expertise and research conducted by CCBJ parent company Environmental Business International Inc. for the OECD.
- One of the fathers of EGS/HDR gives CCBJ a behind-the-scenes history of this game-changing technology. Venture capitalists are taking positions with early movers in EGS/HDR.
Companies:
AltaGas, AltaRock Energy, Calpine, CE Generation, Chevron, Deloitte, Emerging Energy Research, Enel, Geodynamics, GeothermEx, Google.org, GP Physics, Hudson Clean Energy Partners, KPCB, Magma Energy, Nevada Geothermal, New Energy Finance, NV Energy, Prudential Capital, Stella Group, Tetra Tech, U.S. Geothermal, Vulcan Capital, West Japan Engineering Co. and more.