2025 Geothermal Drilling Cost Curves Update [v3.8.6] #56
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… curve value. Prep to add drilling cost curve citations to documentation
softwareengineerprogrammer
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softwareengineerprogrammer
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| except (NotImplementedError, ValueError) as e: | ||
| raise ValueError(f'Input temperature & pressure ({Twater_degC}, {pressure}) ' | ||
| f'are out of range or otherwise could not be used to calculate') from e |
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Changes in utils to water property exception messages are unrelated to drilling cost curves update
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| # TODO this is displayed as "Project Net Revenue" in Revenue & Cashflow Profile which is probably not an | ||
| # accurate synonym for annual revenue | ||
| self.TotalRevenue = self.OutputParameterDict[self.TotalRevenue.Name] = OutputParameter( | ||
| Name="Annual Revenue from Project", | ||
| UnitType=Units.CURRENCYFREQUENCY, | ||
| PreferredUnits=CurrencyFrequencyUnit.MDOLLARSPERYEAR, | ||
| CurrentUnits=CurrencyFrequencyUnit.MDOLLARSPERYEAR | ||
| ) | ||
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| # TODO this is displayed as "Project Net Cashflow" in Revenue & Cashflow Profile which is probably not an | ||
| # accurate synonym for cumulative revenue | ||
| self.TotalCummRevenue = self.OutputParameterDict[self.TotalCummRevenue.Name] = OutputParameter( | ||
| Name="Cumulative Revenue from Project", | ||
| UnitType=Units.CURRENCY, | ||
| PreferredUnits=CurrencyUnit.MDOLLARS, | ||
| CurrentUnits=CurrencyUnit.MDOLLARS | ||
| ) |
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Economics naming TODOs unrelated to main changes
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2025-geothermal-drilling-cost-curves-update-2
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Description
Resolves NREL#338
Updated baseline correlations per NREL 2025 cost curve updates 1. Coefficients were shared with me by paper authors:
Updated well drilling cost correlation documentation to reference correlation sources (2025 cost curve update or GeoVision):
Testing & Validation
Footnotes
Akindipe, D. and Witter. E. 2025. "2025 Geothermal Drilling Cost Curves Update". https://pangea.stanford.edu/ERE/db/GeoConf/papers/SGW/2025/Akindipe.pdf?t=1740084555. ↩