Geothermal power is power generated by geothermal energy. Technologies in use include dry steam power stations, flash steam power stations and binary cycle power stations. Geothermal electricity generation is currently used in 26 countries, while geothermal heating is in use in 70 countries. As of 2015, worldwide geothermal power capacity amounts to 12.8 gigawatts (GW), of which 28 percent or 3,548 megawatts (MW) are installed in the United States. International markets grew at an average annual rate of 5 percent over the three years to 2015, and global geothermal power capacity is expected to reach 14.5–17.6 GW by 2020. Based on current geologic knowledge and technology the GEA publicly discloses, the Geothermal Energy Association (GEA) estimates that only 6.9 percent of total global potential has been tapped so far, while the IPCC reported geothermal power potential to be in the range of 35 GW to 2 TW. Countries generating more than 15 percent of their electricity from geothermal sources include El Salvador, Kenya, the Philippines, Iceland, New Zealand, and Costa Rica. Geothermal power is considered to be a sustainable, renewable source of energy because the heat extraction is small compared with the Earth's heat content. The greenhouse gas emissions of geothermal electric stations are on average 45 grams of carbon dioxide per kilowatt-hour of electricity, or less than 5 percent of that of conventional coal-fired plants. As a source of renewable energy for both power and heating, geothermal has the potential to meet 3-5% of global demand by 2050. With economic incentives, it is estimated that by 2100 it will be possible to meet 10% of global demand. In the 20th century, demand for electricity led to the consideration of geothermal power as a generating source. Prince Piero Ginori Conti tested the first geothermal power generator on 4 July 1904 in Larderello, Italy. It successfully lit four light bulbs. Later, in 1911, the world's first commercial geothermal power station was built there. Experimental generators were built in Beppu, Japan and the Geysers, California, in the 1920s, but Italy was the world's only industrial producer of geothermal electricity until 1958. In 1958, New Zealand became the second major industrial producer of geothermal electricity when its Wairakei station was commissioned. Wairakei was the first station to use flash steam technology. Over the past 60 years, net fluid production has been in excess of 2.5 km3. Subsidience at Wairakei-Tauhara has been an issue in a number of formal hearings related to environmental consents for expanded development of the system as a source of renewable energy. In 1960, Pacific Gas and Electric began operation of the first successful geothermal electric power station in the United States at The Geysers in California. The original turbine lasted for more than 30 years and produced 11 MW net power. The binary cycle power station was first demonstrated in 1967 in the Soviet Union and later introduced to the United States in 1981, following the 1970s energy crisis and significant changes in regulatory policies. This technology allows the use of much lower temperature resources than were previously recoverable. In 2006, a binary cycle station in Chena Hot Springs, Alaska, came on-line, producing electricity from a record low fluid temperature of 57 °C (135 °F).