ThinkGeoEnergy and Rystad Energy publish collaborative geothermal market report
Geotherma at an inflection point - A joint report by ThinkGeoEnergy and Rystad Energy
Carlo Cariaga
3 Jun 2026
A joint report by ThinkGeoEnergy and Rystad Energy examines the global market trends of the geothermal sector while assessing on-the-ground realities.
ThinkGeoEnergy and Rystad Energy have jointly published a new market report that combines their complementary analytical perspectives to provide a holistic and grounded view of the current geothermal market.
The full report, “Geothermal at an inflection point: Market dynamics, technology evolution, and growth pathways,” can be downloaded via the ThinkGeoEnergy Publications page.
For this collaborative market brief, ThinkGeoEnergy and Rystad Energy have combined their perspectives on the current dynamics and outlook of the global geothermal sector. These perspectives provide a more complete understanding of the sector, linking broader energy system trends with how geothermal projects are developed and delivered in practice.
The aim of the report is to assess geothermal’s long-term potential, as well as to examine the conditions that determine whether projects move from opportunity to delivery. It finds that while the sector shows strong growth potential, scaling geothermal energy requires addressing key challenges related to permitting, drilling, financing, and industry capacity.
“The foundations for geothermal growth are stronger than ever. The focus now shifts from potential to deployment,” said Alexander Richter, Founder & Principal of ThinkGeoEnergy.
“Geothermal energy innovation and demand have never been so aligned before,” added Alexandra Gerken, Product Manager Geothermal, Rystad Energy.
Geothermal at an Inflection Point
This joint report by ThinkGeoEnergy and Rystad Energy explores the current state of the global geothermal industry, highlighting investment trends, emerging technologies, policy developments, and the growing role of geothermal energy in supporting data centers, district heating, and energy security.
