@@ -6,8 +6,8 @@ Simulation Metadata
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GEOPHIRES Version: 3.4.42
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Simulation Date: 2024-07-16
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- Simulation Time: 17:14
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- Calculation Time: 0.463 sec
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+ Simulation Time: 17:19
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+ Calculation Time: 0.472 sec
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***SUMMARY OF RESULTS***
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@@ -17,7 +17,7 @@ Simulation Metadata
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Annual District Heating Demand: 242.90 GWh/year
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Average Annual Geothermal Heat Production: 109.16 GWh/year
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Average Annual Peaking Fuel Heat Production: 133.74 GWh/year
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- Direct-Use heat breakeven price (LCOH): 10.52 USD/MMBTU
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+ Direct-Use heat breakeven price (LCOH): 10.74 USD/MMBTU
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Number of production wells: 2
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Number of injection wells: 2
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Flowrate per production well: 50.0 kg/sec
@@ -32,11 +32,11 @@ Simulation Metadata
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Accrued financing during construction: 0.00
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Project lifetime: 20 yr
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Capacity factor: 96.3 %
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- Project NPV: 6 .71 MUSD
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- Project IRR: 8.31 %
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- Project VIR=PI=PIR: 1.16
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- Project MOIC: 0.63
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- Project Payback Period: 10.26 yr
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+ Project NPV: 4 .71 MUSD
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+ Project IRR: 7.65 %
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+ Project VIR=PI=PIR: 1.11
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+ Project MOIC: 0.58
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+ Project Payback Period: 10.72 yr
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***ENGINEERING PARAMETERS***
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@@ -98,14 +98,14 @@ Simulation Metadata
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Drilling and completion costs: 27.30 MUSD
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Drilling and completion costs per well: 6.82 MUSD
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- Stimulation costs: 1 .00 MUSD
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+ Stimulation costs: 3 .00 MUSD
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Surface power plant costs: 10.09 MUSD
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of which Peaking Boiler Cost: 4.59 MUSD
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Field gathering system costs: 2.55 MUSD
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District Heating System Cost: 0.00 MUSD
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Total surface equipment costs: 12.64 MUSD
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Exploration costs: 0.00 MUSD
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- Total capital costs: 40 .94 MUSD
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+ Total capital costs: 42 .94 MUSD
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***OPERATING AND MAINTENANCE COSTS (M$/yr)***
@@ -201,23 +201,23 @@ Year Electricity | Heat |
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Since Price Ann. Rev. Cumm. Rev. | Price Ann. Rev. Cumm. Rev. | Price Ann. Rev. Cumm. Rev. | Price Ann. Rev. Cumm. Rev. | OPEX Net Rev. Net Cashflow
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Start (cents/kWh)(MUSD/yr) (MUSD) |(cents/kWh) (MUSD/yr) (MUSD) |(cents/kWh) (MUSD/yr) (MUSD) |(USD/tonne) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD)
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________________________________________________________________________________________________________________________________________________________________________________________
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- 1 0.00 0.00 0.00 | 0.00 -40 .94 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -40 .94 -40 .94
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- 2 5.50 0.00 0.00 | 5.00 4.40 5.65 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.40 -36 .54
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- 3 5.50 0.00 0.00 | 5.00 4.43 11.34 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.43 -32 .11
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- 4 5.50 0.00 0.00 | 5.00 4.44 17.03 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.44 -27 .66
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- 5 5.50 0.00 0.00 | 5.00 4.45 22.74 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.45 -23 .21
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- 6 5.50 0.00 0.00 | 5.00 4.45 28.44 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.45 -18 .76
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- 7 5.50 0.00 0.00 | 5.00 4.44 34.13 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.44 -14 .32
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- 8 5.50 0.00 0.00 | 5.00 4.42 39.80 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.42 -9 .90
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- 9 5.50 0.00 0.00 | 5.00 4.40 45.45 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.40 -5 .50
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- 10 5.50 0.00 0.00 | 5.00 4.37 51.07 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.37 -1 .14
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- 11 5.50 0.00 0.00 | 5.00 4.33 56.65 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.33 3 .19
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- 12 5.50 0.00 0.00 | 5.00 4.28 62.18 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.28 7 .47
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- 13 5.50 0.00 0.00 | 5.00 4.23 67.67 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.23 11 .71
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- 14 5.50 0.00 0.00 | 5.00 4.18 73.10 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.18 15 .89
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- 15 5.50 0.00 0.00 | 5.00 4.12 78.47 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.12 20 .01
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- 16 5.50 0.00 0.00 | 5.00 4.05 83.78 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.05 24 .06
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- 17 5.50 0.00 0.00 | 5.00 3.98 89.01 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 3.98 28 .05
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- 18 5.50 0.00 0.00 | 5.00 3.91 94.17 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 3.91 31 .96
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- 19 5.50 0.00 0.00 | 5.00 3.83 99.25 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 3.83 35 .78
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- 20 5.50 0.00 0.00 | 5.00 3.74 104.25 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 3.74 39 .52
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+ 1 0.00 0.00 0.00 | 0.00 -42 .94 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -42 .94 -42 .94
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+ 2 5.50 0.00 0.00 | 5.00 4.40 5.65 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.40 -38 .54
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+ 3 5.50 0.00 0.00 | 5.00 4.43 11.34 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.43 -34 .11
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+ 4 5.50 0.00 0.00 | 5.00 4.44 17.03 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.44 -29 .66
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+ 5 5.50 0.00 0.00 | 5.00 4.45 22.74 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.45 -25 .21
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+ 6 5.50 0.00 0.00 | 5.00 4.45 28.44 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.45 -20 .76
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+ 7 5.50 0.00 0.00 | 5.00 4.44 34.13 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.44 -16 .32
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+ 8 5.50 0.00 0.00 | 5.00 4.42 39.80 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.42 -11 .90
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+ 9 5.50 0.00 0.00 | 5.00 4.40 45.45 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.40 -7 .50
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+ 10 5.50 0.00 0.00 | 5.00 4.37 51.07 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.37 -3 .14
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+ 11 5.50 0.00 0.00 | 5.00 4.33 56.65 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.33 1 .19
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+ 12 5.50 0.00 0.00 | 5.00 4.28 62.18 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.28 5 .47
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+ 13 5.50 0.00 0.00 | 5.00 4.23 67.67 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.23 9 .71
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+ 14 5.50 0.00 0.00 | 5.00 4.18 73.10 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.18 13 .89
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+ 15 5.50 0.00 0.00 | 5.00 4.12 78.47 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.12 18 .01
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+ 16 5.50 0.00 0.00 | 5.00 4.05 83.78 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 4.05 22 .06
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+ 17 5.50 0.00 0.00 | 5.00 3.98 89.01 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 3.98 26 .05
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+ 18 5.50 0.00 0.00 | 5.00 3.91 94.17 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 3.91 29 .96
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+ 19 5.50 0.00 0.00 | 5.00 3.83 99.25 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 3.83 33 .78
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+ 20 5.50 0.00 0.00 | 5.00 3.74 104.25 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.25 3.74 37 .52
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