Geothermal heating

Global Enhanced Geothermal System Market Grows Steadily, Fueled by Environmental Concerns and Government Policies

Retrieved on: 
Tuesday, December 5, 2023
Carbon, Geothermal energy, FITS, Feed, Enhanced geothermal system, Climate change, Research, Investment, HDR, Hydraulics, Geology, Capital, Commercial, Geothermal heating, Cyclic permutation, Traction, Tax holiday, Government, Nature, USD, European Green Deal, Finance, Compound annual growth rate, Professional, Emission, Biophysical environment, R, Research and development, Growth, Electricity, Power, Power purchase agreement, Temperature, EGS, Renewable energy, Natural gas, Thermal, Deep, Chemical substance, Earth

DUBLIN, Dec. 5, 2023 /PRNewswire/ -- The "Enhanced Geothermal System Market - Global Industry Size, Share, Trends Opportunity, and Forecast 2018-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 5, 2023 /PRNewswire/ -- The "Enhanced Geothermal System Market - Global Industry Size, Share, Trends Opportunity, and Forecast 2018-2028" report has been added to ResearchAndMarkets.com's offering.
  • The global Enhanced Geothermal System (EGS) market, part of the broader geothermal energy industry, is gaining significant traction as a sustainable and low-carbon energy source.
  • Environmental concerns and the global transition towards renewable energy sources are key drivers propelling the EGS market's expansion.
  • In conclusion, the global Enhanced Geothermal System (EGS) market is thriving due to environmental concerns, energy security, technological advancements, government support, baseload power generation capabilities, and regional geothermal potential.

Construction to Commence on the First Co-Produced Geothermal Power Project in Alberta, and Canada

Retrieved on: 
Tuesday, May 4, 2021
Energy conversion, Geothermal heating, Heating

Provincially, Alberta Innovates (\xe2\x80\x9cAI\xe2\x80\x9d) and Emissions Reduction Alberta (\xe2\x80\x9cERA\xe2\x80\x9d), and federally, Natural Resources Canada (\xe2\x80\x9cNRCan\xe2\x80\x9d), have provided grants to complete funding.

Key Points: 
  • Provincially, Alberta Innovates (\xe2\x80\x9cAI\xe2\x80\x9d) and Emissions Reduction Alberta (\xe2\x80\x9cERA\xe2\x80\x9d), and federally, Natural Resources Canada (\xe2\x80\x9cNRCan\xe2\x80\x9d), have provided grants to complete funding.
  • This first-of-its-kind project can help accelerate geothermal co-production and hybrid projects at other high-potential oil and gas sites across the province.
  • This project is paving the way for commercial geothermal co-production use across Western Canada.
  • This hot water provides FutEra with the opportunity to capture geothermal heat energy and generate power with zero Greenhouse Gas emissions.

Global energy majors lead pivot to Eavor’s geothermal solution with USD$40 million investment

Retrieved on: 
Tuesday, February 16, 2021
Energy, Articles, Energy economics, Alternative energy, Geothermal power, Geothermal heating, Low-carbon economy, Geothermal energy, Solar augmented geothermal energy

Eavors technology differs from other forms of geothermal in that it is a scalable go anywhere solution, harvesting geothermal heat to generate dispatchable power with zero emissions.

Key Points: 
  • Eavors technology differs from other forms of geothermal in that it is a scalable go anywhere solution, harvesting geothermal heat to generate dispatchable power with zero emissions.
  • Felipe Arbelaez, bps svp zero carbon energy, said: We see Eavors potential to be complementary to our growing wind and solar portfolios.
  • Technology such as Eavors has the potential to deliver geothermal power and heat and help unlock a low carbon future.
  • Eavor (pronounced Ever) is a technology-based Energy company led by a team dedicated to creating a clean, reliable and affordable energy future on a global scale.

Geothermal Heat Pump Market Will Showcase Negative Impact During 2020-2024 | Rising Global Energy Consumption to Boost Market Growth | Technavio

Retrieved on: 
Thursday, October 15, 2020
Alternative energy, Energy, Other Energy, Utilities, Articles, Energy, Nature, Energy conversion, Energy policy, Heat pumps, Heating, Building engineering, Geothermal heating, World energy consumption, Geothermal gradient, High-density polyethylene

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • View the full release here: https://www.businesswire.com/news/home/20201015005623/en/
    Technavio has announced its latest market research report titled Global Geothermal Heat Pump Market 2020-2024 (Graphic: Business Wire).
  • The rising global energy consumption has been instrumental in driving the growth of the market.
  • Download a Free Sample Report on COVID-19 Impacts
    Geothermal Heat Pump Market 2020-2024: Segmentation
    Geothermal Heat Pump Market is segmented as below:

Gilbane Building Company Celebrates Topping Out of New Annie E. Fales Elementary School

Retrieved on: 
Wednesday, October 14, 2020
Articles, Gilbane Building Company, Gilbane, Inc., Companies, Westborough, Massachusetts, Heating, ventilation, and air conditioning, Cision, Geothermal heating, Westborough, Surrey, Economy of the United States

WESTBOROUGH, Mass., Oct. 14, 2020 /PRNewswire-PRWeb/ --Officials from the Westborough School District joined representatives from Gilbane Building Company and HMFH Architects on October 9, 2020 to celebrate the official topping out of the town's new 70,000-SF elementary school.

Key Points: 
  • WESTBOROUGH, Mass., Oct. 14, 2020 /PRNewswire-PRWeb/ --Officials from the Westborough School District joined representatives from Gilbane Building Company and HMFH Architects on October 9, 2020 to celebrate the official topping out of the town's new 70,000-SF elementary school.
  • This is the second K-12 school Gilbane has constructed for the town, the first being the 110,000- SF Sarah Gibbons Middle School completed in 2017.
  • Designed by HMFH to achieve net-zero energy use, the new school includes a highly efficient building enclosure, geothermal heating and cooling, low wattage LED fixtures, and centralized energy management to reduce energy use to one-third of what is used by a typical school building.
  • Founded in 1870 and still a privately held, family-owned company, Gilbane has more than 50 office locations worldwide.

Geothermal Heat Pump Market Size Worth $16.4 Billion By 2027: Grand View Research, Inc.

Retrieved on: 
Monday, August 31, 2020
Energy, Articles, Energy conversion, Nature, Heat pumps, Building engineering, Geothermal heat pump, Geothermal heating, Geothermal gradient, Geothermal energy

SAN FRANCISCO, Aug. 31, 2020 /PRNewswire/ -- The global geothermal heat pumps market size is expected to reach USD 16.4 billion by 2027 registering a CAGR of7.2%, according to a new report by Grand View Research, Inc.

Key Points: 
  • SAN FRANCISCO, Aug. 31, 2020 /PRNewswire/ -- The global geothermal heat pumps market size is expected to reach USD 16.4 billion by 2027 registering a CAGR of7.2%, according to a new report by Grand View Research, Inc.
  • The growth of the construction and housing industry for the single and multi-unit dwelling is anticipated to drive the demand for geothermal heat pumps (GHPs) during the forecast period.
  • Growing demand for energy-efficient heating products in Europe, North America, and Asia Pacific are expected to boost market growth.
  • Grand View Research has segmented the global geothermal heat pump market on the basis of type, application, and region:
    Geothermal Heat Pump Type Outlook (Revenue, USD Million, 2016 - 2027)

Geothermal Heat Pump Market Size Worth $16.4 Billion By 2027: Grand View Research, Inc.

Retrieved on: 
Monday, August 31, 2020
Energy, Articles, Energy conversion, Nature, Heat pumps, Building engineering, Geothermal heat pump, Geothermal heating, Geothermal gradient, Geothermal energy

SAN FRANCISCO, Aug. 31, 2020 /PRNewswire/ -- The global geothermal heat pumps market size is expected to reach USD 16.4 billion by 2027 registering a CAGR of7.2%, according to a new report by Grand View Research, Inc.

Key Points: 
  • SAN FRANCISCO, Aug. 31, 2020 /PRNewswire/ -- The global geothermal heat pumps market size is expected to reach USD 16.4 billion by 2027 registering a CAGR of7.2%, according to a new report by Grand View Research, Inc.
  • The growth of the construction and housing industry for the single and multi-unit dwelling is anticipated to drive the demand for geothermal heat pumps (GHPs) during the forecast period.
  • Growing demand for energy-efficient heating products in Europe, North America, and Asia Pacific are expected to boost market growth.
  • Grand View Research has segmented the global geothermal heat pump market on the basis of type, application, and region:
    Geothermal Heat Pump Type Outlook (Revenue, USD Million, 2016 - 2027)

Heat Pump Market to Reach $99.6 Bn, Globally, by 2026 at 7.7% CAGR: Allied Market Research

Retrieved on: 
Thursday, August 6, 2020
Energy, Articles, Energy conversion, Universe, Heat pumps, Building engineering, Geothermal energy, Sustainable technologies, Geothermal heating, Geothermal heat pump

PORTLAND, Ore., Aug. 6, 2020 /PRNewswire/ -- Allied Market Research published a report, titled, "Heat Pump Market by Type (Air-to-Air, Water Source, and Geothermal) and Application (Residential, Industrial, and Commercial): Global Opportunity Analysis and Industry Forecast, 20192026."

Key Points: 
  • PORTLAND, Ore., Aug. 6, 2020 /PRNewswire/ -- Allied Market Research published a report, titled, "Heat Pump Market by Type (Air-to-Air, Water Source, and Geothermal) and Application (Residential, Industrial, and Commercial): Global Opportunity Analysis and Industry Forecast, 20192026."
  • According to the report, the global heat pump industry generated $55.2 billion in 2018, and is estimated to reach $99.6 billion by 2026, witnessing a CAGR of 7.7% from 2019 to 2026.
  • Increase in adoption of heat pumps in the residential sector and benefits related to reduction of CO2 emissions drive the growth of the global heat pump market.
  • On the other hand, surge in prominence of geothermal heat pump technology and favorable regulatory policies offer new opportunities in the coming years.

Heat Pump Market to Reach $99.6 Bn, Globally, by 2026 at 7.7% CAGR: Allied Market Research

Retrieved on: 
Thursday, August 6, 2020
Energy, Articles, Energy conversion, Universe, Heat pumps, Building engineering, Geothermal energy, Sustainable technologies, Geothermal heating, Geothermal heat pump

PORTLAND, Ore., Aug. 6, 2020 /PRNewswire/ -- Allied Market Research published a report, titled, "Heat Pump Market by Type (Air-to-Air, Water Source, and Geothermal) and Application (Residential, Industrial, and Commercial): Global Opportunity Analysis and Industry Forecast, 20192026."

Key Points: 
  • PORTLAND, Ore., Aug. 6, 2020 /PRNewswire/ -- Allied Market Research published a report, titled, "Heat Pump Market by Type (Air-to-Air, Water Source, and Geothermal) and Application (Residential, Industrial, and Commercial): Global Opportunity Analysis and Industry Forecast, 20192026."
  • According to the report, the global heat pump industry generated $55.2 billion in 2018, and is estimated to reach $99.6 billion by 2026, witnessing a CAGR of 7.7% from 2019 to 2026.
  • Increase in adoption of heat pumps in the residential sector and benefits related to reduction of CO2 emissions drive the growth of the global heat pump market.
  • On the other hand, surge in prominence of geothermal heat pump technology and favorable regulatory policies offer new opportunities in the coming years.

COVID-19 Impacts: Geothermal Heat Pump Market will Accelerate at a CAGR of over 9% through 2020-2024 |The Rising Global Energy Consumption to Boost Growth |Technavio

Retrieved on: 
Wednesday, August 5, 2020
Energy, Other Energy, Other Manufacturing, Manufacturing, Energy, Articles, Energy conversion, Heat pumps, Universe, Building engineering, Geothermal energy, Geothermal heat pump, Viessmann, Geothermal heating, Benchmarking

Our geothermal heat pump market report covers the following areas:

Key Points: 
  • Our geothermal heat pump market report covers the following areas:
    This study identifies emergence of building energy management system (BEMS) as one of the prime reasons driving the geothermal heat pump market growth during the next few years.
  • Ltd., Trane Technologies Plc, United Technologies Corp., Vaillant GmbH, Viessmann Werke GmbH & Co. KG, and Weishaupt (UK) Ltd.
  • Backed with competitive intelligence and benchmarking, our research reports on the geothermal heat pump market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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