The article provides an overview of the global geothermal power industry from 2020 to 2023, highlighting the current status and developments in the sector. As of December 2022, 32 countries operated geothermal power plants with a combined installed capacity of 16,318 MW across 198 geothermal fields. Geothermal power contributed to 0.34% of global electricity generation, with seven countries—Kenya, Iceland, El Salvador, New Zealand, Nicaragua, Costa Rica, and the Philippines—relying on geothermal energy for more than 10% of their total electricity generation. The US, Indonesia, the Philippines, and Türkiye led in geothermal power generation, producing 96,552 GWh in 2021, with an average annual capacity factor of 67.5%. The article details the evolution of geothermal capacity and generation over the past 43 years, noting an eightfold increase in installed capacity and a similar growth in annual generation. Geothermal power plants are primarily located on or near tectonic plate boundaries, where subduction, collision, and other geological processes occur. The report also covers the status of geothermal development in various countries, including Australia, Austria, Belgium, Canada, Chile, China, Colombia, Costa Rica, Croatia, El Salvador, Ethiopia, France, and Germany, detailing their installed capacities, power units, and recent developments. Key findings include: - Australia saw the commissioning of a new geothermal power project in 2020. - Austria's geothermal power capacity remains stable at 1.25 MW. - Belgium currently has no operational geothermal power plants. - Canada's South Swan Hills Geothermal Project is a significant development. - Chile's Cerro Pabellón field saw a net increase of 33 MW in installed capacity. - China's geothermal power capacity is minimal, with a focus on direct applications. - Colombia and Costa Rica have promising prospects for geothermal development. - Croatia has a single operational geothermal power plant. - El Salvador's geothermal fields contribute significantly to its electricity mix. - Ethiopia is exploring new geothermal prospects. - France's geothermal development is focused on deep crustal faults. - Germany lacks natural steam reservoirs suitable for direct power generation. The article emphasizes the importance of geothermal energy in meeting global energy goals, particularly in reducing carbon emissions, and highlights the need for continued investment and policy support to sustain and expand geothermal power generation.The article provides an overview of the global geothermal power industry from 2020 to 2023, highlighting the current status and developments in the sector. As of December 2022, 32 countries operated geothermal power plants with a combined installed capacity of 16,318 MW across 198 geothermal fields. Geothermal power contributed to 0.34% of global electricity generation, with seven countries—Kenya, Iceland, El Salvador, New Zealand, Nicaragua, Costa Rica, and the Philippines—relying on geothermal energy for more than 10% of their total electricity generation. The US, Indonesia, the Philippines, and Türkiye led in geothermal power generation, producing 96,552 GWh in 2021, with an average annual capacity factor of 67.5%. The article details the evolution of geothermal capacity and generation over the past 43 years, noting an eightfold increase in installed capacity and a similar growth in annual generation. Geothermal power plants are primarily located on or near tectonic plate boundaries, where subduction, collision, and other geological processes occur. The report also covers the status of geothermal development in various countries, including Australia, Austria, Belgium, Canada, Chile, China, Colombia, Costa Rica, Croatia, El Salvador, Ethiopia, France, and Germany, detailing their installed capacities, power units, and recent developments. Key findings include: - Australia saw the commissioning of a new geothermal power project in 2020. - Austria's geothermal power capacity remains stable at 1.25 MW. - Belgium currently has no operational geothermal power plants. - Canada's South Swan Hills Geothermal Project is a significant development. - Chile's Cerro Pabellón field saw a net increase of 33 MW in installed capacity. - China's geothermal power capacity is minimal, with a focus on direct applications. - Colombia and Costa Rica have promising prospects for geothermal development. - Croatia has a single operational geothermal power plant. - El Salvador's geothermal fields contribute significantly to its electricity mix. - Ethiopia is exploring new geothermal prospects. - France's geothermal development is focused on deep crustal faults. - Germany lacks natural steam reservoirs suitable for direct power generation. The article emphasizes the importance of geothermal energy in meeting global energy goals, particularly in reducing carbon emissions, and highlights the need for continued investment and policy support to sustain and expand geothermal power generation.