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Geothermal Energy Market Competitive Insights and Outlook 2020

Netherlands Geothermal Energy Market Research Report published by market insight reports explores the current outlook in Netherlands and key regions from the perspective of Major Players, Countries, Product types and end industries. This report analyzes top players in the Netherlands market, and divides the Market into several parameters.

This Geothermal Energy Market research report identifies the competitive landscape of industries to understand the competition at International level. This report study describes the projected growth of the Netherlands market for approaching years from 2019 to 2025. This research report has been aggregated on the basis of static and dynamic aspects of the businesses.

The market for geothermal energy in Netherlands is expected to grow at a CAGR of more than 3% in the forecast period of 2020-2025.

Click Here to Get Sample PDF Copy of Latest Research on Geothermal Energy Market 2019:

https://www.marketinsightsreports.com/reports/07202153859/netherlands-geothermal-energy-market-growth-trends-and-forecasts-2020-2025/inquiry?Mode=18

The prominent players in the Netherlands Geothermal Energy Market:

Aboitiz Power Corporation, Turboden S.p.A., Mitsubishi Heavy Industries Ltd., Calpine Corporation, Toshiba Corporation, Raya Group, Alterra Power Corp, and Others.

– In 2017 there were 22 new applications for exploration licences for geothermal energy. As of 1 January 2018, a total of 31 geothermal energy exploration licences were in the process of application.

– In 2018, Five geothermal energy production licences are in the application procedure and 4 geothermal energy production licences were issued. Resulting in 12 effective geothermal energy production licences as at 1st January 2018.

– The geothermal production installations in the Netherlands by four while two more installations were initiated (licence areas Andijk and Zevenbergen II). These doublets will be completed in 2018.

Key Market Trends: –

Ultra-deep Geothermal Energy to Dominate the Market

– Geothermal energy installed capacity had increased by 51% in 2019 compared to 2018. 5.6 PJ (PetaJoule) heat was produced in 2019.
– UDG is a method for producing heat with temperatures above 130 C. The heat can be used for industrial processes, or to generate electricity.
– Using geothermal energy instead of gas as a source of heat results in a significant reduction in CO2 emissions. For an average project, the CO2 reduction is 88% compared to natural gas.
– In 2019, there were 24 doublets in the Netherlands, 20 of which were in production. The use of geothermal energy in the Netherlands in 2019 saved 168 million cubic meters of natural gas. This is equivalent to a CO2 reduction of 300,000 tons. 15 of the 20 doublets use their maximum availability (85 to 100%).
– In 2018 the combined capacity of Dutch installations grew to a total capacity of around 3PJ of sustainable heat or 200 MW.
– The prevalent in underground thermal energy storage systems are open systems which use groundwater wells to store heat and cold. This technology is called Aquifer Thermal Energy Storage (ATES).
– The geothermal sector made a statement in 2018 by publishing the Master Plan geothermal energy in the Netherlands.
– The ambition is for geothermal energy to meet 5% of the total energy demand for heat in 2030 and 23% in 2050. The ambitions are set at 50 PJ in 2030 and 200 PJ in 2050.

Supportive Government Policies to Drive the Market

– In 2017 there were 22 new applications for exploration licences for geothermal energy. As of 1 January 2018, a total of 31 geothermal energy exploration licences were in the process of application.
– In 2018, Five geothermal energy production licences are in the application procedure and 4 geothermal energy production licences were issued. Resulting in 12 effective geothermal energy production licences as at 1st January 2018.
– The geothermal production installations in the Netherlands by four while two more installations were initiated (licence areas Andijk and Zevenbergen II). These doublets will be completed in 2018.

Significant Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of Geothermal Energy Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Geothermal Energy Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth

Browse in-depth and report summary TOC on “Geothermal Energy Market”:

https://www.marketinsightsreports.com/reports/07202153859/netherlands-geothermal-energy-market-growth-trends-and-forecasts-2020-2025?Mode=18

Finally, the Geothermal Energy market report offers a complete and detailed study of Netherlands Geothermal Energy market by using numerous analytical tools and models such as SWOT analysis, investment return analysis, and porter’s five forces analysis which are useful for beginners to access the upcoming opportunities. After exploring the market insights through primary and secondary research methodologies, if anything is required except than this, market insight reports will provide customization as per specific demands.

Note: – All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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