Geothermal Energy in Chungcheong and Gyeongsang Regions: Prospects...

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2025-08-13 11:56:02 - Translate

Geothermal Energy in Chungcheong and Gyeongsang Regions: Prospects and Projects

The South Korea geothermal energy market, valued at USD 115.90 million in 2024, is anticipated to grow at a CAGR of 3.4% from 2025 to 2034, with growth increasingly driven by segment-wise performance across applications, end-user industries, and system configurations. Unlike countries with access to high-temperature geothermal reservoirs for power generation, South Korea’s market is...

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