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Simulation Metadata
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----------------------
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- GEOPHIRES Version: 3.6.3
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- Simulation Date: 2024-11-18
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- Simulation Time: 16:48
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- Calculation Time: 1.672 sec
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+ GEOPHIRES Version: 3.6.6
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+ Simulation Date: 2024-11-21
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+ Simulation Time: 10:38
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+ Calculation Time: 0.439 sec
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***SUMMARY OF RESULTS***
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End-Use Option: Electricity
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- Average Net Electricity Production: 2.08 MW
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- Electricity breakeven price: 27.85 cents/kWh
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+ Average Net Electricity Production: 2.26 MW
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+ Electricity breakeven price: 26.95 cents/kWh
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Number of production wells: 1
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Number of injection wells: 1
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Flowrate per production well: 41.0 kg/sec
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Well depth (or total length, if not vertical): 2.3 kilometer
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- Geothermal gradient: 76. 74 degC/km
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+ Geothermal gradient: 74 degC/km
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***ECONOMIC PARAMETERS***
@@ -27,10 +27,10 @@ Simulation Metadata
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Accrued financing during construction: 5.00
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Project lifetime: 10 yr
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Capacity factor: 90.0 %
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- Project NPV: -13.14 MUSD
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- Project IRR: -5.39 %
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- Project VIR=PI=PIR: 0.51
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- Project MOIC: -0.21
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+ Project NPV: -13.17 MUSD
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+ Project IRR: -4.65 %
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+ Project VIR=PI=PIR: 0.53
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+ Project MOIC: -0.19
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Project Payback Period: N/A
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Estimated Jobs Created: 6
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@@ -43,25 +43,25 @@ Simulation Metadata
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Pump efficiency: 80.0 %
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Injection temperature: 41.0 degC
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Production Wellbore heat transmission calculated with Ramey's model
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- Average production well temperature drop: 4.1 degC
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+ Average production well temperature drop: 3.8 degC
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Flowrate per production well: 41.0 kg/sec
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Injection well casing ID: 7.000 in
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Production well casing ID: 7.000 in
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Number of times redrilling: 0
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- Power plant type: Subcritical ORC
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+ Power plant type: Supercritical ORC
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***RESOURCE CHARACTERISTICS***
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Maximum reservoir temperature: 400.0 degC
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Number of segments: 1
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- Geothermal gradient: 76. 74 degC/km
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+ Geothermal gradient: 74 degC/km
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***RESERVOIR PARAMETERS***
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Reservoir Model = Multiple Parallel Fractures Model
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- Bottom-hole temperature: 188.11 degC
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+ Bottom-hole temperature: 179.42 degC
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Fracture model = Rectangular
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Well separation: fracture height: 160.00 meter
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Fracture width: 160.00 meter
@@ -70,82 +70,82 @@ Simulation Metadata
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Number of fractures: 100.00
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Fracture separation: 10.00 meter
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Reservoir volume: 25344000 m**3
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- Reservoir impedance: 0.33 GPa.s/m**3
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+ Reservoir impedance: 0.30 GPa.s/m**3
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Reservoir density: 2800.00 kg/m**3
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Reservoir thermal conductivity: 2.70 W/m/K
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Reservoir heat capacity: 1000.00 J/kg/K
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***RESERVOIR SIMULATION RESULTS***
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- Maximum Production Temperature: 184.1 degC
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- Average Production Temperature: 182.4 degC
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- Minimum Production Temperature: 169.6 degC
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- Initial Production Temperature: 181.8 degC
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- Average Reservoir Heat Extraction: 24.20 MW
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+ Maximum Production Temperature: 175.7 degC
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+ Average Production Temperature: 174.1 degC
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+ Minimum Production Temperature: 162.2 degC
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+ Initial Production Temperature: 173.5 degC
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+ Average Reservoir Heat Extraction: 22.74 MW
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Production Wellbore Heat Transmission Model = Ramey Model
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- Average Production Well Temperature Drop: 4.1 degC
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- Total Average Pressure Drop: 12325.6 kPa
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- Average Injection Well Pressure Drop: 392.5 kPa
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- Average Reservoir Pressure Drop: 14029.4 kPa
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- Average Production Well Pressure Drop: 350.0 kPa
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- Average Buoyancy Pressure Drop: -2446.4 kPa
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+ Average Production Well Temperature Drop: 3.8 degC
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+ Total Average Pressure Drop: 11221.8 kPa
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+ Average Injection Well Pressure Drop: 387.1 kPa
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+ Average Reservoir Pressure Drop: 12713.2 kPa
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+ Average Production Well Pressure Drop: 342.1 kPa
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+ Average Buoyancy Pressure Drop: -2220.6 kPa
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***CAPITAL COSTS (M$)***
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- Drilling and completion costs: 10.21 MUSD
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- Drilling and completion costs per vertical production well: 3.06 MUSD
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- Drilling and completion costs per vertical injection well: 3.06 MUSD
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+ Drilling and completion costs: 10.13 MUSD
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+ Drilling and completion costs per vertical production well: 3.02 MUSD
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+ Drilling and completion costs per vertical injection well: 3.02 MUSD
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Drilling and completion costs per non-vertical sections: 3.61 MUSD
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Stimulation costs: 1.51 MUSD
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- Surface power plant costs: 9.85 MUSD
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- Field gathering system costs: 1.55 MUSD
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- Total surface equipment costs: 11.40 MUSD
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- Exploration costs: 3.65 MUSD
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- Total capital costs: 26.77 MUSD
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+ Surface power plant costs: 11.34 MUSD
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+ Field gathering system costs: 1.52 MUSD
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+ Total surface equipment costs: 12.85 MUSD
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+ Exploration costs: 3.62 MUSD
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+ Total capital costs: 28.12 MUSD
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***OPERATING AND MAINTENANCE COSTS (M$/yr)***
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- Wellfield maintenance costs: 0.20 MUSD/yr
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- Power plant maintenance costs: 0.41 MUSD/yr
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+ Wellfield maintenance costs: 0.21 MUSD/yr
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+ Power plant maintenance costs: 0.45 MUSD/yr
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Water costs: 0.11 MUSD/yr
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- Total operating and maintenance costs: 0.72 MUSD/yr
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+ Total operating and maintenance costs: 0.76 MUSD/yr
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***SURFACE EQUIPMENT SIMULATION RESULTS***
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- Initial geofluid availability: 0.16 MW/(kg/s)
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- Maximum Total Electricity Generation: 2.85 MW
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- Average Total Electricity Generation: 2.77 MW
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- Minimum Total Electricity Generation: 2.22 MW
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- Initial Total Electricity Generation: 2.74 MW
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- Maximum Net Electricity Generation: 2.16 MW
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- Average Net Electricity Generation: 2.08 MW
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- Minimum Net Electricity Generation: 1.50 MW
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- Initial Net Electricity Generation: 2.05 MW
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- Average Annual Total Electricity Generation: 21.67 GWh
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- Average Annual Net Electricity Generation: 16.26 GWh
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- Initial pumping power/net installed power: 33.79 %
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- Average Pumping Power: 0.69 MW
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+ Initial geofluid availability: 0.15 MW/(kg/s)
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+ Maximum Total Electricity Generation: 2.97 MW
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+ Average Total Electricity Generation: 2.90 MW
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+ Minimum Total Electricity Generation: 2.38 MW
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+ Initial Total Electricity Generation: 2.87 MW
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+ Maximum Net Electricity Generation: 2.34 MW
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+ Average Net Electricity Generation: 2.26 MW
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+ Minimum Net Electricity Generation: 1.74 MW
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+ Initial Net Electricity Generation: 2.24 MW
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+ Average Annual Total Electricity Generation: 22.63 GWh
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+ Average Annual Net Electricity Generation: 17.70 GWh
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+ Initial pumping power/net installed power: 28.16 %
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+ Average Pumping Power: 0.63 MW
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************************************************************
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* HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE *
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************************************************************
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YEAR THERMAL GEOFLUID PUMP NET FIRST LAW
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DRAWDOWN TEMPERATURE POWER POWER EFFICIENCY
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(degC) (MW) (MW) (%)
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- 1 1.0000 181.78 0.6927 2.0502 8.5097
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- 2 1.0090 183.41 0.6921 2.1272 8.7283
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- 3 1.0108 183.75 0.6920 2.1434 8.7738
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- 4 1.0118 183.93 0.6920 2.1518 8.7974
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- 5 1.0124 184.04 0.6919 2.1574 8.8131
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- 6 1.0129 184.12 0.6919 2.1612 8.8239
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- 7 1.0129 184.13 0.6920 2.1612 8.8237
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- 8 1.0108 183.75 0.6925 2.1430 8.7720
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- 9 1.0019 182.13 0.6948 2.0640 8.5464
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- 10 0.9771 177.63 0.7009 1.8532 7.9258
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+ 1 1.0000 173.47 0.6305 2.2385 9.8871
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+ 2 1.0088 175.01 0.6300 2.3076 10.0758
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+ 3 1.0107 175.32 0.6299 2.3220 10.1147
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+ 4 1.0116 175.49 0.6298 2.3295 10.1349
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+ 5 1.0123 175.60 0.6298 2.3345 10.1483
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+ 6 1.0127 175.67 0.6298 2.3379 10.1576
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+ 7 1.0127 175.68 0.6298 2.3380 10.1576
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+ 8 1.0107 175.34 0.6303 2.3221 10.1142
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+ 9 1.0021 173.83 0.6323 2.2525 9.9225
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+ 10 0.9780 169.65 0.6377 2.0628 9.3820
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*******************************************************************
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YEAR ELECTRICITY HEAT RESERVOIR PERCENTAGE OF
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PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED
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(GWh/year) (GWh/year) (10^15 J) (%)
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- 1 16.6 191.4 9.75 6.60
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- 2 16.8 192.4 9.06 13.23
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- 3 16.9 192.7 8.36 19.88
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- 4 17.0 192.9 7.67 26.53
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- 5 17.0 193.1 6.97 33.19
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- 6 17.0 193.1 6.28 39.85
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- 7 17.0 192.9 5.58 46.50
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- 8 16.6 191.7 4.89 53.12
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- 9 15.6 187.8 4.22 59.59
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- 10 12.0 161.5 3.64 65.16
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+ 1 18.0 179.8 9.18 6.59
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+ 2 18.3 180.8 8.52 13.22
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+ 3 18.3 181.1 7.87 19.85
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+ 4 18.4 181.3 7.22 26.50
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+ 5 18.4 181.4 6.57 33.15
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+ 6 18.4 181.5 5.91 39.80
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+ 7 18.4 181.3 5.26 46.44
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+ 8 18.1 180.2 4.61 53.05
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+ 9 17.1 176.6 3.98 59.52
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+ 10 13.6 151.9 3.43 65.09
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********************************
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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 -26.77 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -26.77 -26.77
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- 2 15.00 1.77 2.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.72 1.77 -25.00
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- 3 15.00 1.81 5.01 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.72 1.81 -23.20
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- 4 15.41 1.89 7.62 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.72 1.89 -21.30
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- 5 15.81 1.97 10.30 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.72 1.97 -19.34
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- 6 16.22 2.04 13.07 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.72 2.04 -17.29
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- 7 16.62 2.11 15.90 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.72 2.11 -15.18
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- 8 17.03 2.17 18.79 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.72 2.17 -13.01
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- 9 17.43 2.18 21.69 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.72 2.18 -10.82
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- 10 17.84 2.06 24.47 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.72 2.06 -8.77
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+ 1 0.00 -28.12 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -28.12 -28.12
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+ 2 15.00 1.94 2.70 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.76 1.94 -26.18
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+ 3 15.00 1.97 5.44 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.76 1.97 -24.21
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+ 4 15.41 2.06 8.26 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.76 2.06 -22.15
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+ 5 15.81 2.14 11.17 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.76 2.14 -20.00
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+ 6 16.22 2.22 14.16 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.76 2.22 -17.78
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+ 7 16.62 2.30 17.22 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.76 2.30 -15.48
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+ 8 17.03 2.37 20.35 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.76 2.37 -13.12
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+ 9 17.43 2.39 23.51 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.76 2.39 -10.73
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+ 10 17.84 2.29 26.56 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.76 2.29 -8.44
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