Reportlinker.com, has declared the inclusion of a new report titled ‘Geothermal Heat Pumps and Direct Use’ in its range of report offerings. The report covers details on the direct use of geothermal energy on agricultural, industrial, commercial and residential applications.
The report examines worldwide market opportunities for direct utilization of geothermal energy concentrating its focus on the use of heat pumps. The research includes an all inclusive study on important players in the segment, government regulations and public policy, present and upcoming technologies, elements that assist the growth of market and user markets. The market forecasts available up to 2017 covers market dynamics examined for all regions globally.
According to the study the use of geothermal heat pumps and direct usage of geothermal resources for heating symbolizes one of the growing alternatives available for the cooling and heating sector. The rise in power prices and the growing demand for electricity assists the growth of the geothermal segment in the heat pump sector. The pumps exploit freely available heat below the ground to provide a dependable and proficient option for heating requirements where required. While increase in cash incentives and supporting government policies assists the growth of geothermal heat pumps, a reduced level of consumer awareness remains a major impediment.
According to the report, though geothermal heat pumps have the required potential the usage of such pumps hardly represents 1% of the cooling and heating segment. The report states that around 78 countries all over the world utilize geothermal energy for direct usage and the pumps represent around 50% of the direct usage market. The countries such as Sweden, China and the USA have in total achieved a capacity of 51GW in 2010 which can be equated to 438,073 TJ/year thermal energy usages. The report anticipates that by 2017 geothermal heat pumps installations will represent nearly 90% of the direct heat usage growth.
Source: http://www.reportlinker.com/