Geothermal Energy - Global Development Status

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GLOBAL GEOTHERMAL DEVELOPMENT (POWER)CURRENT STATUS OF DEVELOPMENT AND OUTLOOKNOVEMBER 2016

TOP 10 GEOTHERMAL COUNTRIESINSTALLED CAPACITY (NOV 2016)

835

537

665

676

775

926

944

980

1,375

1,868

3,567

0 500 1,000 1,500 2,000 2,500 3,000 3,500

Other

Japan

Iceland

Kenya

Turkey

Mexico

Italy

New Zealand

Indonesia

Philippines

United States

Source: TGE Research (2016), GEA (2016), IGA (2015), Enerji Atlasi (2016)

1,364

8

944

665

980

926

676

775

1,868

3,567

1,375

2,787

987

145

575

285

481

1,037

1022

1,651

1,272

4,013

0 1,000 2,000 3,000 4,000 5,000 6,000

Other

Ethiopia

Italy

Iceland

New Zealand

Mexico

Kenya

Turkey

Philippines

United States

Indonesia

Installed

Projects & permitted

3Source: ThinkGeoEnergy Research (2016), GEA (2016), IGA (2015)

TOP 10 GEOTHERMAL COUNTRIESINSTALLED CAPACITY & PROJECTS (NOV 2016)

16

109

20542

204926

359

1015

3554

60120138

59180200

59250

165481

0 200 400 600 800 1,000 1,200 1,400

MontserratSt. Lucia

NevisDominica

St. Vincent & GrenadinesHondurasArgentina

GuadeloupeChile

EcuadorNicaraguaColombia

BoliviaEl Salvador

GuatemalaCosta Rica

Mexico

Installed

Projects & permitted

Source: ThinkGeoEnergy Research (2016), GEA (2016), IGA (2015), * Guadeloupe is a territory of France

COUNTRIES IN LATIN AMERICA & CARIBBEANINSTALLED GEOTHERMAL CAPACITY & PROJECTS (October 2016)

TURKEY GEOTHERMAL DEVELOPMENT INSTALLED POWER GENERATION CAPACITY 1984-2016

15 15 23 23 3077 94 114 162 311 405

624 775

66

419

580

0200400600800

1,0001,2001,4001,6001,8002,000

Source: Enerji Atlasi (2016)

CLIMATE INVESTMENT POTENTIAL – AN IFC ANALYSISINVESTMENT POTENTIAL BY SECTOR ($ BILLION)

939

588

119 63 560

100

200

300

400

500

600

700

800

900

1,000

Solar Wind Biomass Geothermal Small Hydro

$ bn

Source: IFC Analysis, “Climate Investment Potential in Emerging Markets” (2016)

Based on: IFC “Climate investment Opportunities in Emerging Markets” (2016)

CLIMATE INVESTMENT POTENTIAL – AN IFC ANALYSISINVESTMENT POTENTIAL GEOTHERMAL BY REGION ($ BILLION)

27

16

14

60 0

0

5

10

15

20

25

30

Sub-Saharan Africa

East Asia Pacific

Latin America & Caribbean

Eastern & Central Asia

South Asia Middle East & North Africa

Source: IFC Analysis, “Climate Investment Potential in Emerging Markets” (2016)

Based on: IFC “Climate investment Opportunities in Emerging Markets” (2016)

GLOBAL GEOTHERMAL POTENTIALPOWER GENERATION POTENTIAL (NOV 2016)

8

Sources: ThinkGeoEnergy, Geothermal Energy Association, IGA, ChevronNote: Installed Capacity of 2016 [2015], resource estimates combined (1999-2012) – IGA estimates a conservative total potential of 70,000 MW and with technology

improvements (extended use of low heat and EGS resources) at around 140,000 MW in power generation capacity.

Current installed capacityProjects & inferred resources

High temperature regions

Resource estimates

Installed Resources

North America

4,447

32,200

6,447

Installed Resources

Cent. America & Caribbean

522

27,400

618

Installed Resources

Europe

1,6423,400

1,271

Installed Resources

Africa

676

11,600

2,249

Installed Resources

South America

1

30,800

730

Installed Resources

Asia

4,568

70,884

7,868

Installed Resources

Aus., NZ & Pacific

1,010

7,700

666

Installed ResourcesMiddle East

7752,5501,022

944

980

665

926

1,868

537

1,494

3,567

3,300

3,700

5,800

6,000

6,000

23,500

27,800

30,000

0 5,000 10,000 15,000 20,000 25,000 30,000

Italy

New Zealand

Iceland

Mexico

Philippines

Japan

Indonesia

U.S.

Installed Capacity 2016

Reserves

Source: New Energy and Industrial Technology Development (NEDO) Japan (2014), ThinkGeoEnergy Research (2016)

UNTAPPED GEOTHERMAL POTENTIALRESERVES & INSTALLED CAPACITY (MW), selected countries

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