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Update Fervo_Project_Cape-4.md
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docs/Fervo_Project_Cape-4.md

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@@ -8,7 +8,7 @@ Financial results are calculated
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using
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the [SAM Single Owner PPA Economic Model](https://softwareengineerprogrammer.github.io/GEOPHIRES/SAM-Economic-Models.html#sam-single-owner-ppa).
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Key case study results include LCOE = $78.8/MWh and CAPEX = $4650/kW.
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Key case study results include LCOE = $76.5/MWh and CAPEX = $4350/kW.
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[Click here](https://gtp.scientificwebservices.com/geophires/?geophires-example-id=Fervo_Project_Cape-4) to
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interactively explore the case study in the GEOPHIRES web interface.
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| Metric | Result Value | Reference Value(s) | Reference Source |
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|------------------------------------|----------------------------------------------------------|--------------------------|---------------------------------------------|
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| LCOE | $78.8/MWh | $80/MWh | Horne et al, 2025 |
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| Project capital costs: Total CAPEX | $2.86B | | |
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| Project capital costs: $/kW | $4650/kW (based on maximum total electricity generation) | $4500/kW, $3000–$6000/kW | Horne et al, 2025; Latimer, 2025. |
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| LCOE | $76.5/MWh | $80/MWh | Horne et al, 2025 |
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| Project capital costs: Total CAPEX | $2.67B | | |
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| Project capital costs: $/kW | $4350/kW (based on maximum total electricity generation) | $4500/kW, $3000–$6000/kW | Horne et al, 2025; Latimer, 2025. |
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| Well Drilling and Completion Cost | $3.96M/well | $<4M/well | Latimer, 2025. |
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| WACC | 8.3% | 8.3% | Matson, 2024. |
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| After-tax IRR | 28% | 15–25% | Typical levered returns for energy projects |
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| After-tax IRR | 30.7% | 15–25% | Typical levered returns for energy projects |
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### Technical & Engineering Results
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