|
| 1 | + ***************** |
| 2 | + ***CASE REPORT*** |
| 3 | + ***************** |
| 4 | + |
| 5 | +Simulation Metadata |
| 6 | +---------------------- |
| 7 | + GEOPHIRES Version: 3.6.0 |
| 8 | + Simulation Date: 2024-10-04 |
| 9 | + Simulation Time: 12:55 |
| 10 | + Calculation Time: 0.656 sec |
| 11 | + |
| 12 | + ***SUMMARY OF RESULTS*** |
| 13 | + |
| 14 | + End-Use Option: Electricity |
| 15 | + Average Net Electricity Production: 8.90 MW |
| 16 | + Electricity breakeven price: 10.19 cents/kWh |
| 17 | + Number of production wells: 1 |
| 18 | + Number of injection wells: 2 |
| 19 | + Flowrate per production well: 93.0 kg/sec |
| 20 | + Well depth (or total length, if not vertical): 2.6 kilometer |
| 21 | + Geothermal gradient: 74 degC/km |
| 22 | + |
| 23 | + |
| 24 | + ***ECONOMIC PARAMETERS*** |
| 25 | + |
| 26 | + Economic Model = BICYCLE |
| 27 | + Accrued financing during construction: 5.00 |
| 28 | + Project lifetime: 15 yr |
| 29 | + Capacity factor: 90.0 % |
| 30 | + Project NPV: 46.67 MUSD |
| 31 | + Project IRR: 17.54 % |
| 32 | + Project VIR=PI=PIR: 1.92 |
| 33 | + Project MOIC: 1.40 |
| 34 | + Project Payback Period: 6.50 yr |
| 35 | + Estimated Jobs Created: 19 |
| 36 | + |
| 37 | + ***ENGINEERING PARAMETERS*** |
| 38 | + |
| 39 | + Number of Production Wells: 1 |
| 40 | + Number of Injection Wells: 2 |
| 41 | + Well depth (or total length, if not vertical): 2.6 kilometer |
| 42 | + Water loss rate: 2.0 |
| 43 | + Pump efficiency: 80.0 |
| 44 | + Injection temperature: 56.7 degC |
| 45 | + Production Wellbore heat transmission calculated with Ramey's model |
| 46 | + Average production well temperature drop: 2.3 degC |
| 47 | + Flowrate per production well: 93.0 kg/sec |
| 48 | + Injection well casing ID: 7.000 in |
| 49 | + Production well casing ID: 7.000 in |
| 50 | + Number of times redrilling: 0 |
| 51 | + Power plant type: Supercritical ORC |
| 52 | + |
| 53 | + |
| 54 | + ***RESOURCE CHARACTERISTICS*** |
| 55 | + |
| 56 | + Maximum reservoir temperature: 500.0 degC |
| 57 | + Number of segments: 1 |
| 58 | + Geothermal gradient: 74 degC/km |
| 59 | + |
| 60 | + |
| 61 | + ***RESERVOIR PARAMETERS*** |
| 62 | + |
| 63 | + Reservoir Model = Multiple Parallel Fractures Model |
| 64 | + Bottom-hole temperature: 201.72 degC |
| 65 | + Fracture model = Rectangular |
| 66 | + Well separation: fracture height: 300.00 meter |
| 67 | + Fracture width: 400.00 meter |
| 68 | + Fracture area: 120000.00 m**2 |
| 69 | + Reservoir volume calculated with fracture separation and number of fractures as input |
| 70 | + Number of fractures: 108.00 |
| 71 | + Fracture separation: 30.00 meter |
| 72 | + Reservoir volume: 385200000 m**3 |
| 73 | + Reservoir impedance: 0.01 GPa.s/m**3 |
| 74 | + Reservoir density: 2800.00 kg/m**3 |
| 75 | + Reservoir thermal conductivity: 3.05 W/m/K |
| 76 | + Reservoir heat capacity: 790.00 J/kg/K |
| 77 | + |
| 78 | + |
| 79 | + ***RESERVOIR SIMULATION RESULTS*** |
| 80 | + |
| 81 | + Maximum Production Temperature: 199.7 degC |
| 82 | + Average Production Temperature: 199.5 degC |
| 83 | + Minimum Production Temperature: 198.2 degC |
| 84 | + Initial Production Temperature: 198.2 degC |
| 85 | + Average Reservoir Heat Extraction: 55.61 MW |
| 86 | + Production Wellbore Heat Transmission Model = Ramey Model |
| 87 | + Average Production Well Temperature Drop: 2.3 degC |
| 88 | + Total Average Pressure Drop: 607.6 kPa |
| 89 | + Average Injection Well Pressure Drop: 475.8 kPa |
| 90 | + Average Reservoir Pressure Drop: 976.6 kPa |
| 91 | + Average Production Well Pressure Drop: 2003.0 kPa |
| 92 | + Average Buoyancy Pressure Drop: -2847.8 kPa |
| 93 | + |
| 94 | + |
| 95 | + ***CAPITAL COSTS (M$)*** |
| 96 | + |
| 97 | + Drilling and completion costs: 14.40 MUSD |
| 98 | + Drilling and completion costs per well: 4.80 MUSD |
| 99 | + Stimulation costs: 10.00 MUSD |
| 100 | + Surface power plant costs: 24.69 MUSD |
| 101 | + Field gathering system costs: 1.68 MUSD |
| 102 | + Total surface equipment costs: 26.37 MUSD |
| 103 | + Exploration costs: 0.00 MUSD |
| 104 | + Total capital costs: 50.77 MUSD |
| 105 | + |
| 106 | + |
| 107 | + ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** |
| 108 | + |
| 109 | + Wellfield maintenance costs: 0.43 MUSD/yr |
| 110 | + Power plant maintenance costs: 1.19 MUSD/yr |
| 111 | + Water costs: 0.05 MUSD/yr |
| 112 | + Total operating and maintenance costs: 1.67 MUSD/yr |
| 113 | + |
| 114 | + |
| 115 | + ***SURFACE EQUIPMENT SIMULATION RESULTS*** |
| 116 | + |
| 117 | + Initial geofluid availability: 0.19 MW/(kg/s) |
| 118 | + Maximum Total Electricity Generation: 9.06 MW |
| 119 | + Average Total Electricity Generation: 9.04 MW |
| 120 | + Minimum Total Electricity Generation: 8.90 MW |
| 121 | + Initial Total Electricity Generation: 8.90 MW |
| 122 | + Maximum Net Electricity Generation: 8.92 MW |
| 123 | + Average Net Electricity Generation: 8.90 MW |
| 124 | + Minimum Net Electricity Generation: 8.75 MW |
| 125 | + Initial Net Electricity Generation: 8.75 MW |
| 126 | + Average Annual Total Electricity Generation: 70.80 GWh |
| 127 | + Average Annual Net Electricity Generation: 69.67 GWh |
| 128 | + Initial pumping power/net installed power: 1.68 % |
| 129 | + Average Pumping Power: 0.15 MW |
| 130 | + |
| 131 | + ************************************************************ |
| 132 | + * HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * |
| 133 | + ************************************************************ |
| 134 | + YEAR THERMAL GEOFLUID PUMP NET FIRST LAW |
| 135 | + DRAWDOWN TEMPERATURE POWER POWER EFFICIENCY |
| 136 | + (degC) (MW) (MW) (%) |
| 137 | + 1 1.0000 198.18 0.1471 8.7519 15.8800 |
| 138 | + 2 1.0045 199.07 0.1458 8.8514 15.9610 |
| 139 | + 3 1.0054 199.25 0.1455 8.8723 15.9780 |
| 140 | + 4 1.0059 199.35 0.1454 8.8833 15.9868 |
| 141 | + 5 1.0062 199.41 0.1453 8.8906 15.9927 |
| 142 | + 6 1.0064 199.46 0.1452 8.8959 15.9970 |
| 143 | + 7 1.0066 199.50 0.1451 8.9002 16.0004 |
| 144 | + 8 1.0068 199.53 0.1451 8.9036 16.0032 |
| 145 | + 9 1.0069 199.56 0.1450 8.9066 16.0056 |
| 146 | + 10 1.0070 199.58 0.1450 8.9091 16.0076 |
| 147 | + 11 1.0071 199.60 0.1450 8.9113 16.0094 |
| 148 | + 12 1.0072 199.62 0.1450 8.9133 16.0110 |
| 149 | + 13 1.0073 199.63 0.1449 8.9150 16.0124 |
| 150 | + 14 1.0074 199.65 0.1449 8.9166 16.0137 |
| 151 | + 15 1.0074 199.66 0.1449 8.9181 16.0149 |
| 152 | + |
| 153 | + |
| 154 | + ******************************************************************* |
| 155 | + * ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * |
| 156 | + ******************************************************************* |
| 157 | + YEAR ELECTRICITY HEAT RESERVOIR PERCENTAGE OF |
| 158 | + PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED |
| 159 | + (GWh/year) (GWh/year) (10^15 J) (%) |
| 160 | + 1 69.5 436.2 116.63 1.33 |
| 161 | + 2 69.9 437.5 115.05 2.66 |
| 162 | + 3 70.0 437.9 113.48 4.00 |
| 163 | + 4 70.1 438.2 111.90 5.33 |
| 164 | + 5 70.1 438.4 110.32 6.66 |
| 165 | + 6 70.2 438.5 108.74 8.00 |
| 166 | + 7 70.2 438.6 107.16 9.34 |
| 167 | + 8 70.2 438.7 105.58 10.67 |
| 168 | + 9 70.2 438.8 104.00 12.01 |
| 169 | + 10 70.2 438.8 102.42 13.35 |
| 170 | + 11 70.3 438.9 100.84 14.68 |
| 171 | + 12 70.3 438.9 99.26 16.02 |
| 172 | + 13 70.3 439.0 97.68 17.36 |
| 173 | + 14 70.3 439.0 96.10 18.69 |
| 174 | + 15 63.3 395.1 94.68 19.90 |
| 175 | + |
| 176 | + |
| 177 | + ******************************** |
| 178 | + * REVENUE & CASHFLOW PROFILE * |
| 179 | + ******************************** |
| 180 | +Year Electricity | Heat | Cooling | Carbon | Project |
| 181 | +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 |
| 182 | +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) |
| 183 | +________________________________________________________________________________________________________________________________________________________________________________________ |
| 184 | + 1 0.00 -50.77 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -50.77 -50.77 |
| 185 | + 2 15.00 8.75 10.43 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 8.75 -42.02 |
| 186 | + 3 15.00 8.81 20.91 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 8.81 -33.21 |
| 187 | + 4 15.41 9.11 31.69 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 9.11 -24.10 |
| 188 | + 5 15.81 9.40 42.77 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 9.40 -14.70 |
| 189 | + 6 16.22 9.70 54.14 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 9.70 -5.00 |
| 190 | + 7 16.62 9.99 65.80 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 9.99 4.98 |
| 191 | + 8 17.03 10.28 77.75 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 10.28 15.26 |
| 192 | + 9 17.43 10.56 89.99 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 10.56 25.83 |
| 193 | + 10 17.84 10.85 102.51 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 10.85 36.68 |
| 194 | + 11 18.24 11.14 115.33 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 11.14 47.82 |
| 195 | + 12 18.65 11.43 128.43 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 11.43 59.25 |
| 196 | + 13 19.05 11.72 141.82 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 11.72 70.97 |
| 197 | + 14 19.46 12.00 155.50 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 12.00 82.97 |
| 198 | + 15 19.86 12.29 169.47 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 12.29 95.26 |
0 commit comments