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# Theoretical Basis for GEOPHIRES
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This is adapted from [GEOPHIRES v2.0: updated geothermal techno-economic simulation tool](https://doi.org/10.1186/s40517-019-0119-6) (Koenraad F. Beckers & Kevin McCabe, 2019).
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> **Document Status: Historical (v2.0)**
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> This document is adapted from the 2019 paper, "[GEOPHIRES v2.0: updated geothermal techno-economic simulation tool](https://doi.org/10.1186/s40517-019-0119-6)" by Koenraad Beckers & Kevin McCabe.
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> The core theoretical explanations and equations herein have **not** been revised and reflect that version. While the lists of models have been minimally updated to link to newer documentation, the underlying theory for those additions is **not** described here. For the most accurate and up-to-date information, please consult the primary [project documentation](https://github.com/NREL/GEOPHIRES-X?tab=readme-ov-file#documentation).
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