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Simulation Metadata
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----------------------
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- GEOPHIRES Version: 3.7.23
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- Simulation Date: 2025-03-10
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- Simulation Time: 10:42
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- Calculation Time: 0.657 sec
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+ GEOPHIRES Version: 3.8.9
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+ Simulation Date: 2025-03-26
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+ Simulation Time: 09:57
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+ Calculation Time: 0.650 sec
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***SUMMARY OF RESULTS***
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End-Use Option: Electricity
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- Average Net Electricity Production: 8.90 MW
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+ Average Net Electricity Production: 8.89 MW
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Electricity breakeven price: 10.14 cents/kWh
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Number of production wells: 1
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Number of injection wells: 2
@@ -27,7 +27,7 @@ Simulation Metadata
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Accrued financing during construction: 5.00
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Project lifetime: 15 yr
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Capacity factor: 90.0 %
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- Project NPV: 42.33 MUSD
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+ Project NPV: 42.34 MUSD
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Project IRR: 17.60 %
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Project VIR=PI=PIR: 1.83
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Project MOIC: 1.42
@@ -67,9 +67,9 @@ Simulation Metadata
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Fracture width: 400.00 meter
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Fracture area: 120000.00 m**2
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Reservoir volume calculated with fracture separation and number of fractures as input
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- Number of fractures: 108 .00
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- Fracture separation: 30 .00 meter
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- Reservoir volume: 385200000 m**3
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+ Number of fractures: 80 .00
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+ Fracture separation: 18 .00 meter
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+ Reservoir volume: 170640000 m**3
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Reservoir impedance: 0.0100 GPa.s/m**3
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Reservoir density: 2800.00 kg/m**3
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Reservoir thermal conductivity: 3.05 W/m/K
@@ -78,30 +78,30 @@ Simulation Metadata
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***RESERVOIR SIMULATION RESULTS***
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- Maximum Production Temperature: 199.7 degC
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- Average Production Temperature: 199.5 degC
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+ Maximum Production Temperature: 199.6 degC
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+ Average Production Temperature: 199.4 degC
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Minimum Production Temperature: 198.2 degC
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Initial Production Temperature: 198.2 degC
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- Average Reservoir Heat Extraction: 55.61 MW
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+ Average Reservoir Heat Extraction: 55.60 MW
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Production Wellbore Heat Transmission Model = Ramey Model
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Average Production Well Temperature Drop: 2.3 degC
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- Total Average Pressure Drop: 607.6 kPa
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+ Total Average Pressure Drop: 607.8 kPa
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Average Injection Well Pressure Drop: 475.8 kPa
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Average Reservoir Pressure Drop: 976.6 kPa
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Average Production Well Pressure Drop: 2003.0 kPa
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- Average Buoyancy Pressure Drop: -2847.8 kPa
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+ Average Buoyancy Pressure Drop: -2847.5 kPa
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***CAPITAL COSTS (M$)***
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Drilling and completion costs: 14.40 MUSD
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Drilling and completion costs per well: 4.80 MUSD
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Stimulation costs: 10.00 MUSD
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- Surface power plant costs: 24.69 MUSD
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+ Surface power plant costs: 24.68 MUSD
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Field gathering system costs: 1.68 MUSD
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- Total surface equipment costs: 26.37 MUSD
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+ Total surface equipment costs: 26.36 MUSD
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Exploration costs: 0.00 MUSD
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- Total capital costs: 50.77 MUSD
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+ Total capital costs: 50.76 MUSD
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***OPERATING AND MAINTENANCE COSTS (M$/yr)***
@@ -119,12 +119,12 @@ Simulation Metadata
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Average Total Electricity Generation: 9.04 MW
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Minimum Total Electricity Generation: 8.90 MW
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Initial Total Electricity Generation: 8.90 MW
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- Maximum Net Electricity Generation: 8.92 MW
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- Average Net Electricity Generation: 8.90 MW
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+ Maximum Net Electricity Generation: 8.91 MW
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+ Average Net Electricity Generation: 8.89 MW
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Minimum Net Electricity Generation: 8.75 MW
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Initial Net Electricity Generation: 8.75 MW
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- Average Annual Total Electricity Generation: 71.28 GWh
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- Average Annual Net Electricity Generation: 70.14 GWh
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+ Average Annual Total Electricity Generation: 71.27 GWh
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+ Average Annual Net Electricity Generation: 70.13 GWh
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Initial pumping power/net installed power: 1.68 %
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Average Pumping Power: 0.15 MW
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Heat to Power Conversion Efficiency: 16.00 %
@@ -146,10 +146,10 @@ Simulation Metadata
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9 1.0069 199.56 0.1450 8.9066 16.0056
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10 1.0070 199.58 0.1450 8.9091 16.0076
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11 1.0071 199.60 0.1450 8.9113 16.0094
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- 12 1.0072 199.62 0.1450 8.9133 16.0110
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- 13 1.0073 199.63 0.1449 8.9150 16.0124
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- 14 1.0074 199.65 0.1449 8.9166 16.0137
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- 15 1.0074 199.66 0.1449 8.9181 16.0149
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+ 12 1.0072 199.61 0.1450 8.9131 16.0109
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+ 13 1.0073 199.63 0.1450 8.9144 16.0119
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+ 14 1.0073 199.63 0.1450 8.9145 16.0119
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+ 15 1.0072 199.61 0.1452 8.9120 16.0098
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*******************************************************************
@@ -158,21 +158,21 @@ Simulation Metadata
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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 69.5 436.2 116.63 1.33
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- 2 69.9 437.5 115.05 2.66
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- 3 70.0 437.9 113.48 4.00
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- 4 70.1 438.2 111.90 5.33
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- 5 70.1 438.4 110.32 6.66
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- 6 70.2 438.5 108.74 8.00
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- 7 70.2 438.6 107.16 9.34
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- 8 70.2 438.7 105.58 10.67
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- 9 70.2 438.8 104.00 12.01
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- 10 70.2 438.8 102.42 13.35
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- 11 70.3 438.9 100.84 14.68
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- 12 70.3 438.9 99.26 16.02
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- 13 70.3 439.0 97.68 17.36
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- 14 70.3 439.0 96.10 18.69
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- 15 70.3 439.0 94.52 20.03
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+ 1 69.5 436.2 50.79 3.00
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+ 2 69.9 437.5 49.21 6.01
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+ 3 70.0 437.9 47.64 9.02
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+ 4 70.1 438.2 46.06 12.03
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+ 5 70.1 438.4 44.48 15.05
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+ 6 70.2 438.5 42.90 18.06
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+ 7 70.2 438.6 41.33 21.08
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+ 8 70.2 438.7 39.75 24.09
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+ 9 70.2 438.8 38.17 27.11
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+ 10 70.2 438.8 36.59 30.13
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+ 11 70.3 438.9 35.01 33.14
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+ 12 70.3 438.9 33.43 36.16
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+ 13 70.3 438.9 31.85 39.18
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+ 14 70.3 438.9 30.27 42.20
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+ 15 70.2 438.8 28.69 45.21
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********************************
@@ -182,19 +182,19 @@ 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/lb) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD)
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________________________________________________________________________________________________________________________________________________________________________________________
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- 0 0.00 0.00 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
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- 1 15.00 10.43 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
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- 2 15.00 10.48 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
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- 3 15.41 10.78 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
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- 4 15.81 11.08 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
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- 5 16.22 11.37 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
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- 6 16.62 11.66 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
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- 7 17.03 11.95 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
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- 8 17.43 12.24 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
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- 9 17.84 12.53 102.51 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 10.85 36.68
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- 10 18.24 12.82 115.33 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 11.14 47.82
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- 11 18.65 13.10 128.43 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 11.43 59.25
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- 12 19.05 13.39 141.82 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 11.72 70.97
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- 13 19.46 13.68 155.50 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 12.00 82.97
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- 14 19.86 13.97 169.47 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 12.29 95.26
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- 15 20.27 14.25 183.72 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 12.58 107.84
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+ 0 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -50.76 -50.76
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+ 1 15.00 10.43 10.43 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 8.75 -42.01
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+ 2 15.00 10.48 20.91 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 8.81 -33.20
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+ 3 15.41 10.78 31.69 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 9.11 -24.09
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+ 4 15.81 11.08 42.77 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 9.40 -14.69
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+ 5 16.22 11.37 54.14 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 9.70 -4.99
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+ 6 16.62 11.66 65.80 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 9.99 5.00
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+ 7 17.03 11.95 77.75 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 10.28 15.27
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+ 8 17.43 12.24 89.99 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 10.57 25.84
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+ 9 17.84 12.53 102.51 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 10.85 36.69
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+ 10 18.24 12.82 115.33 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 11.14 47.84
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+ 11 18.65 13.10 128.43 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 11.43 59.27
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+ 12 19.05 13.39 141.82 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 11.72 70.98
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+ 13 19.46 13.68 155.50 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 12.00 82.98
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+ 14 19.86 13.96 169.46 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 12.29 95.27
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+ 15 20.27 14.24 183.69 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.67 12.56 107.83
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