Geothermal Energy

The Earth’s geothermal resources are theoretically more than adequate to supply humanity’s energy needs, but only a very small fraction may be profitably exploited. Geothermal energy exploitation in China started approximately around 1970 and it is now the world’s largest consumer of geothermal power.

China has also listed the geothermal energy as renewable clean energy in the National 12th Five-Year Energy Plan (2011-2015), with a goal to supply heating to 350 million square meters in the next five years, which has an expected market size of around 70 billion yuan ($10.8 billion).