Estimating Geothermal Market Penetration
- Key words
- Economics; Logistic Method
- Conference
- Geothermal Resources Council Transactions
- Year
- 1981
- Session
- Economics; Business administration; Energy markets
- Language
- English
Abstract
In the forecasting of future geothermal energy use, account must be taken of resistance to conversion. One ways to do this is to consider geothermal to be a competitor in the energy market and to apply the logistic replacement method, which has proved useful in energy forecasting. Time constant parameters give a bleak view for geothermal, but if time variant parameters are justified, the outlook is more encouraging.
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