diff --git a/.bumpversion.cfg b/.bumpversion.cfg index 17cdc0cd5..7bb06ef70 100644 --- a/.bumpversion.cfg +++ b/.bumpversion.cfg @@ -1,5 +1,5 @@ [bumpversion] -current_version = 3.8.4 +current_version = 3.8.6 commit = True tag = True diff --git a/.cookiecutterrc b/.cookiecutterrc index e71bc7bc2..e49c11efb 100644 --- a/.cookiecutterrc +++ b/.cookiecutterrc @@ -54,7 +54,7 @@ default_context: sphinx_doctest: "no" sphinx_theme: "sphinx-py3doc-enhanced-theme" test_matrix_separate_coverage: "no" - version: 3.8.4 + version: 3.8.6 version_manager: "bump2version" website: "https://github.com/NREL" year_from: "2023" diff --git a/CHANGELOG.rst b/CHANGELOG.rst index 8a49818e0..c338e8137 100644 --- a/CHANGELOG.rst +++ b/CHANGELOG.rst @@ -13,6 +13,12 @@ GEOPHIRES-X (2023-2025) Revenue & Cashflow Profile period output aligned with NREL convention used to calculate NPV. See https://github.com/NREL/GEOPHIRES-X/discussions/344 +3.8.6: Baseline well drilling cost curves updated to NREL's 2025 cost curve update: +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. + +Intermediate and ideal correlations retain existing values from GeoVision: +DOE 2019. "GeoVision" p. 163. https://www.energy.gov/sites/prod/files/2019/06/f63/GeoVision-full-report-opt.pdf. + 3.7 ^^^ diff --git a/README.rst b/README.rst index 5139b845f..20f839c9f 100644 --- a/README.rst +++ b/README.rst @@ -56,9 +56,9 @@ Free software: `MIT license `__ :alt: Supported implementations :target: https://pypi.org/project/geophires-x -.. |commits-since| image:: https://img.shields.io/github/commits-since/softwareengineerprogrammer/GEOPHIRES-X/v3.8.4.svg +.. |commits-since| image:: https://img.shields.io/github/commits-since/softwareengineerprogrammer/GEOPHIRES-X/v3.8.6.svg :alt: Commits since latest release - :target: https://github.com/softwareengineerprogrammer/GEOPHIRES-X/compare/v3.8.4...main + :target: https://github.com/softwareengineerprogrammer/GEOPHIRES-X/compare/v3.8.6...main .. |docs| image:: https://readthedocs.org/projects/GEOPHIRES-X/badge/?style=flat :target: https://nrel.github.io/GEOPHIRES-X diff --git a/docs/conf.py b/docs/conf.py index 4df535946..506cc1528 100644 --- a/docs/conf.py +++ b/docs/conf.py @@ -18,7 +18,7 @@ year = '2025' author = 'NREL' copyright = f'{year}, {author}' -version = release = '3.8.4' +version = release = '3.8.6' pygments_style = 'trac' templates_path = ['./templates'] diff --git a/setup.py b/setup.py index c6a49f541..0f1a12a0a 100755 --- a/setup.py +++ b/setup.py @@ -13,7 +13,7 @@ def read(*names, **kwargs): setup( name='geophires-x', - version='3.8.4', + version='3.8.6', license='MIT', description='GEOPHIRES is a free and open-source geothermal techno-economic simulator.', long_description='{}\n{}'.format( diff --git a/src/geophires_x/Economics.py b/src/geophires_x/Economics.py index f8b92f0a3..f9cefd32d 100644 --- a/src/geophires_x/Economics.py +++ b/src/geophires_x/Economics.py @@ -4,7 +4,8 @@ import numpy as np import numpy_financial as npf import geophires_x.Model as Model -from geophires_x.OptionList import Configuration, WellDrillingCostCorrelation, EconomicModel, EndUseOptions, PlantType +from geophires_x.OptionList import Configuration, WellDrillingCostCorrelation, EconomicModel, EndUseOptions, PlantType, \ + _WellDrillingCostCorrelationCitation from geophires_x.Parameter import intParameter, floatParameter, OutputParameter, ReadParameter, boolParameter, \ coerce_int_params_to_enum_values from geophires_x.Units import * @@ -1004,9 +1005,15 @@ def __init__(self, model: Model): UnitType=Units.NONE, ErrMessage="assume default well drilling cost correlation (10)", ToolTipText="Select the built-in well drilling and completion cost correlation: " + - '; '.join([f'{it.int_value}: {it.value}' for it in WellDrillingCostCorrelation]) - ) + '; '.join([f'{it.int_value}: {it.value}' + for it in WellDrillingCostCorrelation]) + + f'. ' + f'Baseline correlations (1-4) are from ' + f'{_WellDrillingCostCorrelationCitation.NREL_COST_CURVE_2025.value}.' + f' Intermediate and ideal correlations (6-17) are from ' + f'{_WellDrillingCostCorrelationCitation.GEOVISION.value}.' + ) self.DoAddOnCalculations = self.ParameterDict[self.DoAddOnCalculations.Name] = boolParameter( "Do AddOn Calculations", DefaultValue=False, @@ -1778,18 +1785,25 @@ def __init__(self, model: Model): PreferredUnits=PercentUnit.PERCENT, CurrentUnits=PercentUnit.PERCENT ) + + # 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 ) + + # 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 ) + self.ProjectNPV = self.OutputParameterDict[self.ProjectNPV.Name] = OutputParameter( "Project Net Present Value", UnitType=Units.CURRENCY, diff --git a/src/geophires_x/GeoPHIRESUtils.py b/src/geophires_x/GeoPHIRESUtils.py index d83f41448..c0f1f4fe6 100644 --- a/src/geophires_x/GeoPHIRESUtils.py +++ b/src/geophires_x/GeoPHIRESUtils.py @@ -252,7 +252,7 @@ def density_water_kg_per_m3(Twater_degC: float, pressure: Optional[PlainQuantity 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 + f'are out of range or otherwise could not be used to calculate water density.') from e def celsius_to_kelvin(celsius: float) -> float: @@ -298,7 +298,7 @@ def viscosity_water_Pa_sec( 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 + f'are out of range or otherwise could not be used to calculate water viscosity.') from e @lru_cache @@ -334,7 +334,7 @@ def heat_capacity_water_J_per_kg_per_K( 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 + f'are out of range or otherwise could not be used to calculate heat capacity of water.') from e @lru_cache diff --git a/src/geophires_x/OptionList.py b/src/geophires_x/OptionList.py index cf41570ab..48f68807e 100644 --- a/src/geophires_x/OptionList.py +++ b/src/geophires_x/OptionList.py @@ -36,7 +36,7 @@ class EndUseOptions(GeophiresInputEnum): COGENERATION_PARALLEL_EXTRA_ELECTRICITY = 52, "Cogeneration Parallel Cycle, Electricity sales considered as extra income" @staticmethod - def from_input_string(input_string:str): + def from_input_string(input_string: str): """ :rtype: EndUseOptions """ @@ -66,7 +66,7 @@ class PlantType(GeophiresInputEnum): INDUSTRIAL = 9, "Industrial" @staticmethod - def from_input_string(input_string:str): + def from_input_string(input_string: str): """ :rtype: PlantType """ @@ -97,7 +97,7 @@ def from_int(int_val): return member @staticmethod - def from_input_string(input_string:str): + def from_input_string(input_string: str): for member in __class__: if input_string == str(member.int_value): return member @@ -117,7 +117,7 @@ class ReservoirModel(GeophiresInputEnum): SBT = 8, "SBT" @staticmethod - def get_reservoir_model_from_input_string(input_string:str): + def get_reservoir_model_from_input_string(input_string: str): """ :rtype: ReservoirModel """ @@ -148,7 +148,7 @@ def from_int(int_val): return member @staticmethod - def from_input_string(input_string:str): + def from_input_string(input_string: str): for member in __class__: if input_string == str(member.int_value): return member @@ -156,33 +156,81 @@ def from_input_string(input_string:str): raise ValueError(f'Unknown Reservoir Volume input value: {input_string}') +class _WellDrillingCostCorrelationCitation(str, Enum): + """ + Values are abbreviated citations used in tooltip text. + Commented full citations are present in CHANGELOG and could also be used in future documentation. + """ + + NREL_COST_CURVE_2025 = 'NREL\'s 2025 cost curve update' + # ('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') + + SIMPLE = 'Based on Fervo Project Cape cost per meter (~$1846/m)' + + GEOVISION = 'GeoVision' + # ('DOE 2019. ' + # '"GeoVision" p. 163. ' + # 'https://www.energy.gov/sites/prod/files/2019/06/f63/GeoVision-full-report-opt.pdf') + + class WellDrillingCostCorrelation(GeophiresInputEnum): - """Note: order must be retained since input is read as an int; first int arg is duplicative of order""" - - VERTICAL_SMALL = 1, "vertical small diameter, baseline", 0.30212, 584.91124, 751368.47270 - DEVIATED_SMALL = 2, "deviated small diameter, baseline", 0.28977, 882.15067, 680562.50150 - VERTICAL_LARGE = 3, "vertical large diameter, baseline", 0.28180, 1275.52130, 632315.12640 - DEVIATED_LARGE = 4, "deviated large diameter, baseline", 0.25528, 1716.71568, 500866.89110 - - SIMPLE = 5, "Simple", 0, 1846*1E6, 0 # Based on Fervo Project Cape cost per meter (~$1846/m) - - VERTICAL_SMALL_INT1 = 6, "vertical small diameter, intermediate1", 0.13710, 129.61033, 1205587.57100 - VERTICAL_SMALL_INT2 = 7, "vertical small diameter, intermediate2", 0.00804, 455.60507, 921007.68680 - DEVIATED_SMALL_INT1 = 8, "deviated small diameter, intermediate1", 0.15340, 120.31700, 1431801.54400 - DEVIATED_SMALL_INT2 = 9, "deviated small diameter, intermediate2", 0.00854, 506.08357, 1057330.39000 - VERTICAL_LARGE_INT1 = 10, "vertical large diameter, intermediate1", 0.18927, 293.45174, 1326526.31300 - VERTICAL_LARGE_INT2 = 11, "vertical large diameter, intermediate2", 0.00315, 782.69676, 983620.25270 - DEVIATED_LARGE_INT1 = 12, "deviated large diameter, intermediate1", 0.19950, 296.13011, 1697867.70900 - DEVIATED_LARGE_INT2 = 13, "deviated large diameter, intermediate2", 0.00380, 838.90249, 1181947.04400 - VERTICAL_SMALL_IDEAL = 14, "vertical open-hole, small diameter, ideal", 0.00252, 439.44503, 590611.90110 - DEVIATED_SMALL_IDEAL = 15, "deviated liner, small diameter, ideal", 0.00719, 455.85233, 753377.73080 - VERTICAL_LARGE_IDEAL = 16, "vertical open-hole, large diameter, ideal", -0.00240, 752.93946, 524337.65380 - DEVIATED_LARGE_IDEAL = 17, "deviated liner, large diameter, ideal", 0.00376, 762.52696, 765103.07690 - - def __init__(self, int_value: int, _: str, c2: float, c1: float, c0: float): + """ + 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 + + Robins, J.C., Kesseli, D., Witter, E. and Rhodes, G. 2022. + "2022 GETEM Geothermal Drilling Cost Curve Update." + https://www.nrel.gov/docs/fy23osti/82771.pdf + + Note: order should be retained since input is read as an int; first int arg is duplicative of order + """ + + VERTICAL_SMALL = 1, "vertical small diameter, baseline", 0.258496, 357.967, 738531.58, \ + _WellDrillingCostCorrelationCitation.NREL_COST_CURVE_2025 + DEVIATED_SMALL = 2, "deviated small diameter, baseline", 0.240624, 646.1621, 503625.06, \ + _WellDrillingCostCorrelationCitation.NREL_COST_CURVE_2025 + VERTICAL_LARGE = 3, "vertical large diameter, baseline", 0.248458, 935.8985, 626586.68, \ + _WellDrillingCostCorrelationCitation.NREL_COST_CURVE_2025 + DEVIATED_LARGE = 4, "deviated large diameter, baseline", 0.217333, 1362.93, 301066.16, \ + _WellDrillingCostCorrelationCitation.NREL_COST_CURVE_2025 + + SIMPLE = 5, "Simple (per-meter cost)", 0, 1846 * 1E6, 0, \ + _WellDrillingCostCorrelationCitation.SIMPLE + + VERTICAL_SMALL_INT1 = 6, "vertical small diameter, intermediate1", 0.13710, 129.61033, 1205587.57100, \ + _WellDrillingCostCorrelationCitation.GEOVISION + VERTICAL_SMALL_INT2 = 7, "vertical small diameter, intermediate2", 0.00804, 455.60507, 921007.68680, \ + _WellDrillingCostCorrelationCitation.GEOVISION + DEVIATED_SMALL_INT1 = 8, "deviated small diameter, intermediate1", 0.15340, 120.31700, 1431801.54400, \ + _WellDrillingCostCorrelationCitation.GEOVISION + DEVIATED_SMALL_INT2 = 9, "deviated small diameter, intermediate2", 0.00854, 506.08357, 1057330.39000, \ + _WellDrillingCostCorrelationCitation.GEOVISION + VERTICAL_LARGE_INT1 = 10, "vertical large diameter, intermediate1", 0.18927, 293.45174, 1326526.31300, \ + _WellDrillingCostCorrelationCitation.GEOVISION + VERTICAL_LARGE_INT2 = 11, "vertical large diameter, intermediate2", 0.00315, 782.69676, 983620.25270, \ + _WellDrillingCostCorrelationCitation.GEOVISION + DEVIATED_LARGE_INT1 = 12, "deviated large diameter, intermediate1", 0.19950, 296.13011, 1697867.70900, \ + _WellDrillingCostCorrelationCitation.GEOVISION + DEVIATED_LARGE_INT2 = 13, "deviated large diameter, intermediate2", 0.00380, 838.90249, 1181947.04400, \ + _WellDrillingCostCorrelationCitation.GEOVISION + VERTICAL_SMALL_IDEAL = 14, "vertical open-hole, small diameter, ideal", 0.00252, 439.44503, 590611.90110, \ + _WellDrillingCostCorrelationCitation.GEOVISION + DEVIATED_SMALL_IDEAL = 15, "deviated liner, small diameter, ideal", 0.00719, 455.85233, 753377.73080, \ + _WellDrillingCostCorrelationCitation.GEOVISION + VERTICAL_LARGE_IDEAL = 16, "vertical open-hole, large diameter, ideal", -0.00240, 752.93946, 524337.65380, \ + _WellDrillingCostCorrelationCitation.GEOVISION + DEVIATED_LARGE_IDEAL = 17, "deviated liner, large diameter, ideal", 0.00376, 762.52696, 765103.07690, \ + _WellDrillingCostCorrelationCitation.GEOVISION + + def __init__(self, int_value: int, _: str, c2: float, c1: float, c0: float, + citation: _WellDrillingCostCorrelationCitation): self._c2 = c2 self._c1 = c1 self._c0 = c0 + self.citation: _WellDrillingCostCorrelationCitation = citation super().__init__(int_value, _) def calculate_cost_MUSD(self, meters) -> float: @@ -216,7 +264,7 @@ def from_int(int_val): return member @staticmethod - def from_input_string(input_string:str): + def from_input_string(input_string: str): for member in __class__: if input_string == str(member.int_value): return member @@ -243,8 +291,6 @@ def from_input_string(input_string: str): raise ValueError(f'Unknown Working Fluid input value: {input_string}') - - class Configuration(GeophiresInputEnum): ULOOP = 1, "utube" COAXIAL = 2, "coaxial" @@ -285,6 +331,7 @@ def from_input_string(input_string: str): raise ValueError(f'Unknown Flow Rate Model input value: {input_string}') + class InjectionTemperatureModel(GeophiresInputEnum): USER_SUPPLIED = 1, "user supplied" FILE_SUPPLIED = 2, "file supplied" diff --git a/src/geophires_x/__init__.py b/src/geophires_x/__init__.py index 4f3bde541..6ea923689 100644 --- a/src/geophires_x/__init__.py +++ b/src/geophires_x/__init__.py @@ -1 +1 @@ -__version__ = '3.8.4' +__version__ = '3.8.6' diff --git a/src/geophires_x_schema_generator/geophires-request.json b/src/geophires_x_schema_generator/geophires-request.json index cb14fbb07..04338a7ef 100644 --- a/src/geophires_x_schema_generator/geophires-request.json +++ b/src/geophires_x_schema_generator/geophires-request.json @@ -1671,7 +1671,7 @@ "maximum": 1.0 }, "Well Drilling Cost Correlation": { - "description": "Select the built-in well drilling and completion cost correlation: 1: vertical small diameter, baseline; 2: deviated small diameter, baseline; 3: vertical large diameter, baseline; 4: deviated large diameter, baseline; 5: Simple; 6: vertical small diameter, intermediate1; 7: vertical small diameter, intermediate2; 8: deviated small diameter, intermediate1; 9: deviated small diameter, intermediate2; 10: vertical large diameter, intermediate1; 11: vertical large diameter, intermediate2; 12: deviated large diameter, intermediate1; 13: deviated large diameter, intermediate2; 14: vertical open-hole, small diameter, ideal; 15: deviated liner, small diameter, ideal; 16: vertical open-hole, large diameter, ideal; 17: deviated liner, large diameter, ideal", + "description": "Select the built-in well drilling and completion cost correlation: 1: vertical small diameter, baseline; 2: deviated small diameter, baseline; 3: vertical large diameter, baseline; 4: deviated large diameter, baseline; 5: Simple (per-meter cost); 6: vertical small diameter, intermediate1; 7: vertical small diameter, intermediate2; 8: deviated small diameter, intermediate1; 9: deviated small diameter, intermediate2; 10: vertical large diameter, intermediate1; 11: vertical large diameter, intermediate2; 12: deviated large diameter, intermediate1; 13: deviated large diameter, intermediate2; 14: vertical open-hole, small diameter, ideal; 15: deviated liner, small diameter, ideal; 16: vertical open-hole, large diameter, ideal; 17: deviated liner, large diameter, ideal. Baseline correlations (1-4) are from NREL's 2025 cost curve update. Intermediate and ideal correlations (6-17) are from GeoVision.", "type": "integer", "units": null, "category": "Economics", @@ -1701,7 +1701,7 @@ }, { "name": "SIMPLE", - "value": "Simple", + "value": "Simple (per-meter cost)", "int_value": 5 }, { diff --git a/tests/example1_addons.csv b/tests/example1_addons.csv index f5dc9aa81..649ca8c13 100644 --- a/tests/example1_addons.csv +++ b/tests/example1_addons.csv @@ -1,7 +1,7 @@ Category,Field,Year,Value,Units SUMMARY OF RESULTS,End-Use Option,,Electricity, SUMMARY OF RESULTS,Average Net Electricity Production,,5.39,MW -SUMMARY OF RESULTS,Electricity breakeven price,,1.73,cents/kWh +SUMMARY OF RESULTS,Electricity breakeven price,,0.99,cents/kWh SUMMARY OF RESULTS,Number of production wells,,2,count SUMMARY OF RESULTS,Number of injection wells,,2,count SUMMARY OF RESULTS,Flowrate per production well,,55.0,kg/sec @@ -12,21 +12,21 @@ ECONOMIC PARAMETERS,Economic Model,,Fixed Charge Rate (FCR), ECONOMIC PARAMETERS,Accrued financing during construction,,0.0, ECONOMIC PARAMETERS,Project lifetime,,30,yr ECONOMIC PARAMETERS,Capacity factor,,90.0,% -ECONOMIC PARAMETERS,Project NPV,,66.12,MUSD -ECONOMIC PARAMETERS,Project IRR,,20.12,% -ECONOMIC PARAMETERS,Project VIR=PI=PIR,,3.13, -ECONOMIC PARAMETERS,Project MOIC,,36.52, +ECONOMIC PARAMETERS,Project NPV,,72.08,MUSD +ECONOMIC PARAMETERS,Project IRR,,23.66,% +ECONOMIC PARAMETERS,Project VIR=PI=PIR,,3.81, +ECONOMIC PARAMETERS,Project MOIC,,-1324.72, ECONOMIC PARAMETERS,Fixed Charge Rate (FCR),,5.0, -ECONOMIC PARAMETERS,Project Payback Period,,7.05,yr +ECONOMIC PARAMETERS,Project Payback Period,,5.97,yr ECONOMIC PARAMETERS,Estimated Jobs Created,,12, -EXTENDED ECONOMICS,"Adjusted Project LCOE (after incentives\, grants\, AddOns\,etc)",,1.73,cents/kWh +EXTENDED ECONOMICS,"Adjusted Project LCOE (after incentives\, grants\, AddOns\,etc)",,0.99,cents/kWh EXTENDED ECONOMICS,"Adjusted Project LCOH (after incentives\, grants\, AddOns\,etc)",,0.0,USD/MMBTU -EXTENDED ECONOMICS,"Adjusted Project CAPEX (after incentives\, grants\, AddOns\, etc)",,101.07,MUSD -EXTENDED ECONOMICS,"Adjusted Project OPEX (after incentives\, grants\, AddOns\, etc)",,0.88,MUSD -EXTENDED ECONOMICS,Project NPV (including AddOns),,-12.88,MUSD +EXTENDED ECONOMICS,"Adjusted Project CAPEX (after incentives\, grants\, AddOns\, etc)",,95.67,MUSD +EXTENDED ECONOMICS,"Adjusted Project OPEX (after incentives\, grants\, AddOns\, etc)",,0.84,MUSD +EXTENDED ECONOMICS,Project NPV (including AddOns),,-6.91,MUSD EXTENDED ECONOMICS,Project IRR (including AddOns),,0.06,% -EXTENDED ECONOMICS,Project VIR=PI=PIR (including AddOns),,0.87, -EXTENDED ECONOMICS,Project MOIC (including AddOns),,1.01, +EXTENDED ECONOMICS,Project VIR=PI=PIR (including AddOns),,0.93, +EXTENDED ECONOMICS,Project MOIC (including AddOns),,1.12, EXTENDED ECONOMICS,Total Add-on CAPEX,,70.0,MUSD EXTENDED ECONOMICS,Total Add-on OPEX,,1.7,MUSD/yr EXTENDED ECONOMICS,Total Add-on Net Elec,,25900.0,kW/yr @@ -72,19 +72,19 @@ RESERVOIR SIMULATION RESULTS,Average Production Well Temperature Drop,,3.0,degC RESERVOIR SIMULATION RESULTS,Average Injection Well Pump Pressure Drop,,217.9,kPa RESERVOIR SIMULATION RESULTS,Average Production Well Pump Pressure Drop,,1112.0,kPa RESERVOIR SIMULATION RESULTS,Average Net Electricity Production,,5.39,MW -CAPITAL COSTS (M$),Drilling and completion costs,,21.95,MUSD -CAPITAL COSTS (M$),Drilling and completion costs per well,,5.49,MUSD +CAPITAL COSTS (M$),Drilling and completion costs,,17.38,MUSD +CAPITAL COSTS (M$),Drilling and completion costs per well,,4.35,MUSD CAPITAL COSTS (M$),Stimulation costs,,3.02,MUSD CAPITAL COSTS (M$),Surface power plant costs,,20.8,MUSD CAPITAL COSTS (M$),Field gathering system costs,,2.3,MUSD CAPITAL COSTS (M$),Total surface equipment costs,,23.1,MUSD -CAPITAL COSTS (M$),Exploration costs,,5.33,MUSD -CAPITAL COSTS (M$),Total capital costs,,31.07,MUSD -CAPITAL COSTS (M$),Annualized capital costs,,1.55,MUSD -OPERATING AND MAINTENANCE COSTS (M$/yr),Wellfield maintenance costs,,0.44,MUSD/yr +CAPITAL COSTS (M$),Exploration costs,,4.49,MUSD +CAPITAL COSTS (M$),Total capital costs,,25.67,MUSD +CAPITAL COSTS (M$),Annualized capital costs,,1.28,MUSD +OPERATING AND MAINTENANCE COSTS (M$/yr),Wellfield maintenance costs,,0.39,MUSD/yr OPERATING AND MAINTENANCE COSTS (M$/yr),Power plant maintenance costs,,0.9,MUSD/yr OPERATING AND MAINTENANCE COSTS (M$/yr),Water costs,,0.06,MUSD/yr -OPERATING AND MAINTENANCE COSTS (M$/yr),Total operating and maintenance costs,,-0.82,MUSD/yr +OPERATING AND MAINTENANCE COSTS (M$/yr),Total operating and maintenance costs,,-0.86,MUSD/yr SURFACE EQUIPMENT SIMULATION RESULTS,Initial geofluid availability,,0.11,MW/(kg/s) SURFACE EQUIPMENT SIMULATION RESULTS,Maximum Total Electricity Generation,,5.62,MW SURFACE EQUIPMENT SIMULATION RESULTS,Average Total Electricity Generation,,5.59,MW @@ -99,7 +99,7 @@ SURFACE EQUIPMENT SIMULATION RESULTS,Average Annual Net Electricity Generation,, SURFACE EQUIPMENT SIMULATION RESULTS,Average Pumping Power,,0.2,MW SURFACE EQUIPMENT SIMULATION RESULTS,Initial pumping power/net installed power,,3.82,% SURFACE EQUIPMENT SIMULATION RESULTS,Heat to Power Conversion Efficiency,,10.07,% -Simulation Metadata,GEOPHIRES Version,,3.7.23, +Simulation Metadata,GEOPHIRES Version,,3.8.4, POWER GENERATION PROFILE,THERMAL DRAWDOWN,1,1.0, POWER GENERATION PROFILE,THERMAL DRAWDOWN,2,1.0056, POWER GENERATION PROFILE,THERMAL DRAWDOWN,3,1.0073, @@ -580,66 +580,66 @@ EXTENDED ECONOMIC PROFILE,Cumm. AddOn Cash Flow,27,-40.38,MUSD EXTENDED ECONOMIC PROFILE,Cumm. AddOn Cash Flow,28,-39.24,MUSD EXTENDED ECONOMIC PROFILE,Cumm. AddOn Cash Flow,29,-38.1,MUSD EXTENDED ECONOMIC PROFILE,Cumm. AddOn Cash Flow,30,-36.96,MUSD -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,1,-101.07,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,2,5.7,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,3,5.74,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,4,5.75,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,5,5.76,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,6,5.77,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,7,5.77,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,8,6.28,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,9,6.8,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,10,7.31,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,11,7.82,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,12,8.34,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,13,8.34,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,14,8.34,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,15,8.35,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,16,8.35,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,17,8.35,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,18,8.35,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,19,8.35,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,20,8.36,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,21,8.36,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,22,8.36,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,23,8.36,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,24,8.36,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,25,8.36,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,26,8.36,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,27,8.36,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,28,8.36,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,29,8.37,MUSD/yr -EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,30,8.37,MUSD/yr -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,1,-101.07,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,2,-95.37,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,3,-89.63,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,4,-83.88,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,5,-78.12,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,6,-72.35,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,7,-66.58,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,8,-60.29,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,9,-53.5,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,10,-46.19,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,11,-38.36,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,12,-30.02,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,13,-21.68,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,14,-13.34,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,15,-4.99,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,16,3.36,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,17,11.71,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,18,20.06,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,19,28.41,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,20,36.77,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,21,45.12,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,22,53.48,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,23,61.84,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,24,70.2,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,25,78.56,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,26,86.92,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,27,95.29,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,28,103.65,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,29,112.02,MUSD -EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,30,120.39,MUSD +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,1,-95.67,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,2,5.75,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,3,5.79,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,4,5.8,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,5,5.81,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,6,5.81,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,7,5.82,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,8,6.33,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,9,6.84,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,10,7.36,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,11,7.87,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,12,8.38,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,13,8.39,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,14,8.39,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,15,8.39,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,16,8.39,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,17,8.4,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,18,8.4,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,19,8.4,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,20,8.4,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,21,8.4,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,22,8.4,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,23,8.4,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,24,8.41,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,25,8.41,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,26,8.41,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,27,8.41,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,28,8.41,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,29,8.41,MUSD/yr +EXTENDED ECONOMIC PROFILE,Annual Project Cash Flow,30,8.41,MUSD/yr +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,1,-95.67,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,2,-89.92,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,3,-84.14,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,4,-78.34,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,5,-72.53,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,6,-66.72,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,7,-60.9,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,8,-54.57,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,9,-47.73,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,10,-40.37,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,11,-32.5,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,12,-24.12,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,13,-15.73,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,14,-7.34,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,15,1.05,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,16,9.44,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,17,17.84,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,18,26.24,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,19,34.63,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,20,43.03,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,21,51.44,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,22,59.84,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,23,68.25,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,24,76.65,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,25,85.06,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,26,93.47,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,27,101.88,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,28,110.29,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,29,118.7,MUSD +EXTENDED ECONOMIC PROFILE,Cumm. Project Cash Flow,30,127.11,MUSD REVENUE & CASHFLOW PROFILE,Electricity Price,0,0.0,cents/kWh REVENUE & CASHFLOW PROFILE,Electricity Price,1,9.0,cents/kWh REVENUE & CASHFLOW PROFILE,Electricity Price,2,9.0,cents/kWh @@ -1013,98 +1013,98 @@ REVENUE & CASHFLOW PROFILE,Carbon Cumm. Rev.,28,68.85,MUSD REVENUE & CASHFLOW PROFILE,Carbon Cumm. Rev.,29,72.36,MUSD REVENUE & CASHFLOW PROFILE,Carbon Cumm. Rev.,30,75.86,MUSD REVENUE & CASHFLOW PROFILE,Project OPEX,0,0.0,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,1,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,2,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,3,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,4,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,5,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,6,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,7,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,8,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,9,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,10,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,11,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,12,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,13,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,14,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,15,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,16,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,17,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,18,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,19,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,20,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,21,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,22,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,23,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,24,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,25,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,26,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,27,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,28,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,29,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project OPEX,30,-0.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,0,-31.07,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,1,5.07,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,2,5.12,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,3,5.13,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,4,5.14,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,5,5.15,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,6,5.15,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,7,6.02,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,8,6.88,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,9,7.74,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,10,8.6,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,11,9.47,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,12,9.82,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,13,10.17,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,14,10.52,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,15,10.7,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,16,10.71,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,17,10.71,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,18,10.71,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,19,10.71,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,20,10.72,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,21,10.72,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,22,10.72,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,23,10.72,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,24,10.72,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,25,10.73,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,26,10.73,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,27,10.73,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,28,10.73,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,29,10.73,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Rev.,30,10.73,MUSD/yr -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,0,-31.07,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,1,-26.0,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,2,-20.88,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,3,-15.74,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,4,-10.6,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,5,-5.45,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,6,-0.3,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,7,5.72,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,8,12.6,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,9,20.34,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,10,28.94,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,11,38.41,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,12,48.22,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,13,58.4,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,14,68.92,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,15,79.62,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,16,90.33,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,17,101.04,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,18,111.75,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,19,122.46,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,20,133.18,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,21,143.89,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,22,154.61,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,23,165.34,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,24,176.06,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,25,186.78,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,26,197.51,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,27,208.24,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,28,218.97,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,29,229.7,MUSD -REVENUE & CASHFLOW PROFILE,Project Net Cashflow,30,240.43,MUSD +REVENUE & CASHFLOW PROFILE,Project OPEX,1,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,2,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,3,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,4,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,5,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,6,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,7,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,8,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,9,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,10,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,11,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,12,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,13,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,14,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,15,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,16,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,17,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,18,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,19,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,20,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,21,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,22,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,23,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,24,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,25,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,26,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,27,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,28,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,29,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project OPEX,30,-0.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,0,-25.67,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,1,5.12,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,2,5.16,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,3,5.18,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,4,5.19,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,5,5.2,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,6,5.2,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,7,6.06,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,8,6.92,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,9,7.79,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,10,8.65,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,11,9.51,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,12,9.86,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,13,10.22,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,14,10.57,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,15,10.75,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,16,10.75,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,17,10.75,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,18,10.76,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,19,10.76,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,20,10.76,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,21,10.76,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,22,10.77,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,23,10.77,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,24,10.77,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,25,10.77,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,26,10.77,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,27,10.77,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,28,10.78,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,29,10.78,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Rev.,30,10.78,MUSD/yr +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,0,-25.67,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,1,-20.55,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,2,-15.38,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,3,-10.2,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,4,-5.02,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,5,0.18,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,6,5.38,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,7,11.44,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,8,18.36,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,9,26.15,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,10,34.8,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,11,44.31,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,12,54.17,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,13,64.39,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,14,74.96,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,15,85.71,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,16,96.46,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,17,107.21,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,18,117.97,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,19,128.73,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,20,139.49,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,21,150.25,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,22,161.02,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,23,171.79,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,24,182.56,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,25,193.33,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,26,204.1,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,27,214.87,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,28,225.65,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,29,236.43,MUSD +REVENUE & CASHFLOW PROFILE,Project Net Cashflow,30,247.2,MUSD CARBON REVENUE PROFILE,Carbon Price,0,0.0,USD/lb CARBON REVENUE PROFILE,Carbon Price,1,0.01,USD/lb CARBON REVENUE PROFILE,Carbon Price,2,0.01,USD/lb diff --git a/tests/examples/SUTRAExample1.out b/tests/examples/SUTRAExample1.out index f99877c4d..8277c0d58 100644 --- a/tests/examples/SUTRAExample1.out +++ b/tests/examples/SUTRAExample1.out @@ -4,16 +4,16 @@ Simulation Metadata ---------------------- - GEOPHIRES Version: 3.7.19 - Simulation Date: 2025-02-28 - Simulation Time: 11:32 - Calculation Time: 0.524 sec + GEOPHIRES Version: 3.8.4 + Simulation Date: 2025-03-19 + Simulation Time: 10:29 + Calculation Time: 0.519 sec ***SUMMARY OF RESULTS*** End-Use Option: Direct-Use Heat Reservoir Model = SUTRA Model - Direct-Use heat breakeven price: 1730.66 cents/kWh + Direct-Use heat breakeven price: 1729.92 cents/kWh Number of Production Wells: 1 Number of Injection Wells: 1 Lifetime Average Well Flow Rate: 16.2 kg/sec @@ -69,11 +69,11 @@ Simulation Metadata ***CAPITAL COSTS (M$)*** - Drilling and Completion Costs: 2.42 MUSD - Drilling and Completion Costs per Well: 1.21 MUSD + Drilling and Completion Costs: 2.09 MUSD + Drilling and Completion Costs per Well: 1.05 MUSD Auxiliary Heater Cost: 0.21 MUSD Pump Cost: 0.17 MUSD - Total Capital Costs: 2.81 MUSD + Total Capital Costs: 2.48 MUSD ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** diff --git a/tests/examples/Wanju_Yuan_Closed-Loop_Geothermal_Energy_Recovery.out b/tests/examples/Wanju_Yuan_Closed-Loop_Geothermal_Energy_Recovery.out index 31c425d04..5017ed9a7 100644 --- a/tests/examples/Wanju_Yuan_Closed-Loop_Geothermal_Energy_Recovery.out +++ b/tests/examples/Wanju_Yuan_Closed-Loop_Geothermal_Energy_Recovery.out @@ -4,16 +4,16 @@ Simulation Metadata ---------------------- - GEOPHIRES Version: 3.7.23 - Simulation Date: 2025-03-10 - Simulation Time: 10:42 - Calculation Time: 1.582 sec + GEOPHIRES Version: 3.8.4 + Simulation Date: 2025-03-19 + Simulation Time: 10:30 + Calculation Time: 1.614 sec ***SUMMARY OF RESULTS*** End-Use Option: Electricity Average Net Electricity Production: 1.10 MW - Electricity breakeven price: 81.93 cents/kWh + Electricity breakeven price: 69.14 cents/kWh Number of production wells: 1 Number of injection wells: 1 Flowrate per production well: 110.0 kg/sec @@ -27,10 +27,10 @@ Simulation Metadata Accrued financing during construction: 0.00 Project lifetime: 40 yr Capacity factor: 90.0 % - Project NPV: -89.77 MUSD + Project NPV: -74.72 MUSD Project IRR: 0.00 % - Project VIR=PI=PIR: -0.09 - Project MOIC: -0.85 + Project VIR=PI=PIR: -0.08 + Project MOIC: -0.82 Project Payback Period: N/A Estimated Jobs Created: 2 @@ -74,24 +74,24 @@ The AGS models contain an intrinsic reservoir model that doesn't expose values t ***CAPITAL COSTS (M$)*** - Drilling and completion costs: 65.80 MUSD - Drilling and completion costs per vertical production well: 10.24 MUSD - Drilling and completion costs per vertical injection well: 10.24 MUSD - Drilling and completion costs per non-vertical section: 14.06 MUSD + Drilling and completion costs: 53.82 MUSD + Drilling and completion costs per vertical production well: 8.35 MUSD + Drilling and completion costs per vertical injection well: 8.35 MUSD + Drilling and completion costs per non-vertical section: 11.52 MUSD Stimulation costs: 0.00 MUSD Surface power plant costs: 6.74 MUSD Field gathering system costs: 0.99 MUSD Total surface equipment costs: 7.72 MUSD - Exploration costs: 9.20 MUSD - Total capital costs: 82.72 MUSD + Exploration costs: 7.74 MUSD + Total capital costs: 69.27 MUSD ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** - Wellfield maintenance costs: 0.73 MUSD/yr + Wellfield maintenance costs: 0.61 MUSD/yr Power plant maintenance costs: 0.30 MUSD/yr Water costs: 0.00 MUSD/yr - Total operating and maintenance costs: 1.03 MUSD/yr + Total operating and maintenance costs: 0.91 MUSD/yr ***SURFACE EQUIPMENT SIMULATION RESULTS*** @@ -214,44 +214,44 @@ Year Electricity | Heat | 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 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) ________________________________________________________________________________________________________________________________________________________________________________________ - 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 -82.72 -82.72 - 1 5.50 0.67 0.67 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.36 -83.08 - 2 5.50 0.52 1.19 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.50 -83.59 - 3 5.50 0.54 1.73 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.49 -84.07 - 4 5.50 0.51 2.24 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.52 -84.60 - 5 5.50 0.52 2.76 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.51 -85.11 - 6 5.50 0.50 3.25 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.53 -85.64 - 7 5.50 0.50 3.76 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.53 -86.17 - 8 5.50 0.49 4.24 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.54 -86.70 - 9 5.50 0.49 4.74 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.54 -87.24 - 10 5.50 0.48 5.22 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.55 -87.79 - 11 5.50 0.49 5.71 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.54 -88.33 - 12 5.50 0.48 6.18 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.55 -88.88 - 13 5.50 0.48 6.66 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.55 -89.43 - 14 5.50 0.47 7.14 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.55 -89.98 - 15 5.50 0.47 7.61 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.55 -90.54 - 16 5.50 0.47 8.08 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.56 -91.09 - 17 5.50 0.47 8.55 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.56 -91.65 - 18 5.50 0.47 9.02 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.56 -92.21 - 19 5.50 0.47 9.49 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.56 -92.78 - 20 5.50 0.46 9.95 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.56 -93.34 - 21 5.50 0.46 10.41 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.57 -93.90 - 22 5.50 0.46 10.88 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.57 -94.47 - 23 5.50 0.46 11.34 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.57 -95.04 - 24 5.50 0.46 11.80 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.57 -95.61 - 25 5.50 0.46 12.26 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.57 -96.18 - 26 5.50 0.46 12.71 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.57 -96.75 - 27 5.50 0.45 13.17 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.57 -97.32 - 28 5.50 0.46 13.63 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.57 -97.89 - 29 5.50 0.45 14.08 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.58 -98.47 - 30 5.50 0.46 14.53 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.57 -99.04 - 31 5.50 0.45 14.98 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.58 -99.62 - 32 5.50 0.46 15.44 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.57 -100.19 - 33 5.50 0.45 15.89 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.58 -100.77 - 34 5.50 0.45 16.34 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.57 -101.35 - 35 5.50 0.44 16.78 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.59 -101.93 - 36 5.50 0.46 17.24 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.57 -102.51 - 37 5.50 0.44 17.68 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.59 -103.10 - 38 5.50 0.46 18.14 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.57 -103.66 - 39 5.50 0.42 18.56 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.61 -104.27 - 40 5.50 0.55 19.12 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.03 -0.47 -104.74 + 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 -69.27 -69.27 + 1 5.50 0.67 0.67 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.24 -69.52 + 2 5.50 0.52 1.19 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.38 -69.90 + 3 5.50 0.54 1.73 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.37 -70.27 + 4 5.50 0.51 2.24 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.40 -70.67 + 5 5.50 0.52 2.76 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.39 -71.06 + 6 5.50 0.50 3.25 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.41 -71.47 + 7 5.50 0.50 3.76 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.41 -71.88 + 8 5.50 0.49 4.24 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.42 -72.30 + 9 5.50 0.49 4.74 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.42 -72.72 + 10 5.50 0.48 5.22 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.43 -73.14 + 11 5.50 0.49 5.71 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.42 -73.56 + 12 5.50 0.48 6.18 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.43 -74.00 + 13 5.50 0.48 6.66 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.43 -74.42 + 14 5.50 0.47 7.14 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.43 -74.86 + 15 5.50 0.47 7.61 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.43 -75.29 + 16 5.50 0.47 8.08 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.44 -75.73 + 17 5.50 0.47 8.55 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.44 -76.17 + 18 5.50 0.47 9.02 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.44 -76.61 + 19 5.50 0.47 9.49 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.44 -77.05 + 20 5.50 0.46 9.95 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.44 -77.50 + 21 5.50 0.46 10.41 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.45 -77.94 + 22 5.50 0.46 10.88 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.45 -78.39 + 23 5.50 0.46 11.34 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.45 -78.84 + 24 5.50 0.46 11.80 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.45 -79.28 + 25 5.50 0.46 12.26 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.45 -79.74 + 26 5.50 0.46 12.71 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.45 -80.19 + 27 5.50 0.45 13.17 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.45 -80.64 + 28 5.50 0.46 13.63 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.45 -81.09 + 29 5.50 0.45 14.08 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.46 -81.55 + 30 5.50 0.46 14.53 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.45 -82.00 + 31 5.50 0.45 14.98 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.46 -82.46 + 32 5.50 0.46 15.44 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.45 -82.91 + 33 5.50 0.45 15.89 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.46 -83.37 + 34 5.50 0.45 16.34 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.45 -83.83 + 35 5.50 0.44 16.78 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.47 -84.29 + 36 5.50 0.46 17.24 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.45 -84.75 + 37 5.50 0.44 17.68 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.47 -85.22 + 38 5.50 0.46 18.14 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.45 -85.66 + 39 5.50 0.42 18.56 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.49 -86.15 + 40 5.50 0.55 19.12 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.91 -0.36 -86.51 diff --git a/tests/examples/example1.out b/tests/examples/example1.out index fea2300ed..18c5bdd22 100644 --- a/tests/examples/example1.out +++ b/tests/examples/example1.out @@ -4,16 +4,16 @@ Simulation Metadata ---------------------- - GEOPHIRES Version: 3.7.23 - Simulation Date: 2025-03-10 - Simulation Time: 10:41 - Calculation Time: 0.776 sec + GEOPHIRES Version: 3.8.4 + Simulation Date: 2025-03-19 + Simulation Time: 10:30 + Calculation Time: 0.810 sec ***SUMMARY OF RESULTS*** End-Use Option: Electricity Average Net Electricity Production: 5.39 MW - Electricity breakeven price: 9.56 cents/kWh + Electricity breakeven price: 8.82 cents/kWh Number of production wells: 2 Number of injection wells: 2 Flowrate per production well: 55.0 kg/sec @@ -28,10 +28,10 @@ Simulation Metadata Accrued financing during construction: 0.00 Project lifetime: 30 yr Capacity factor: 90.0 % - Project NPV: -41.78 MUSD - Project IRR: -3.68 % - Project VIR=PI=PIR: 0.22 - Project MOIC: -0.26 + Project NPV: -35.81 MUSD + Project IRR: -2.85 % + Project VIR=PI=PIR: 0.25 + Project MOIC: -0.21 Project Payback Period: N/A Estimated Jobs Created: 12 @@ -92,23 +92,23 @@ Simulation Metadata ***CAPITAL COSTS (M$)*** - Drilling and completion costs: 21.95 MUSD - Drilling and completion costs per well: 5.49 MUSD + Drilling and completion costs: 17.38 MUSD + Drilling and completion costs per well: 4.35 MUSD Stimulation costs: 3.02 MUSD Surface power plant costs: 20.80 MUSD Field gathering system costs: 2.30 MUSD Total surface equipment costs: 23.10 MUSD - Exploration costs: 5.33 MUSD - Total capital costs: 53.39 MUSD - Annualized capital costs: 2.67 MUSD + Exploration costs: 4.49 MUSD + Total capital costs: 47.99 MUSD + Annualized capital costs: 2.40 MUSD ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** - Wellfield maintenance costs: 0.44 MUSD/yr + Wellfield maintenance costs: 0.39 MUSD/yr Power plant maintenance costs: 0.90 MUSD/yr Water costs: 0.06 MUSD/yr - Total operating and maintenance costs: 1.40 MUSD/yr + Total operating and maintenance costs: 1.35 MUSD/yr ***SURFACE EQUIPMENT SIMULATION RESULTS*** @@ -211,34 +211,34 @@ Year Electricity | Heat | 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 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) ________________________________________________________________________________________________________________________________________________________________________________________ - 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 -53.39 -53.39 - 1 5.50 2.29 2.29 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.89 -52.50 - 2 5.50 2.31 4.60 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.92 -51.59 - 3 5.50 2.32 6.92 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.92 -50.66 - 4 5.50 2.32 9.24 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.93 -49.73 - 5 5.50 2.33 11.57 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.93 -48.80 - 6 5.50 2.33 13.90 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -47.87 - 7 5.50 2.33 16.24 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -46.93 - 8 5.50 2.33 18.57 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -45.99 - 9 5.50 2.34 20.91 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -45.05 - 10 5.50 2.34 23.24 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -44.11 - 11 5.50 2.34 25.58 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -43.16 - 12 5.50 2.34 27.92 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -42.22 - 13 5.50 2.34 30.26 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -41.28 - 14 5.50 2.34 32.61 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.95 -40.33 - 15 5.50 2.34 34.95 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.95 -39.38 - 16 5.50 2.34 37.29 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.95 -38.44 - 17 5.50 2.34 39.63 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.95 -37.49 - 18 5.50 2.34 41.98 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.95 -36.54 - 19 5.50 2.34 44.32 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.95 -35.59 - 20 5.50 2.35 46.67 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.95 -34.64 - 21 5.50 2.35 49.01 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.95 -33.69 - 22 5.50 2.35 51.36 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.95 -32.74 - 23 5.50 2.35 53.71 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.95 -31.79 - 24 5.50 2.35 56.06 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.95 -30.84 - 25 5.50 2.35 58.40 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.95 -29.89 - 26 5.50 2.35 60.75 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.95 -28.93 - 27 5.50 2.35 63.10 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.95 -27.98 - 28 5.50 2.35 65.45 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.95 -27.03 - 29 5.50 2.35 67.80 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.95 -26.07 - 30 5.50 2.35 70.15 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.95 -25.12 + 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 -47.99 -47.99 + 1 5.50 2.29 2.29 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 0.94 -47.05 + 2 5.50 2.31 4.60 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 0.96 -46.09 + 3 5.50 2.32 6.92 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 0.97 -45.12 + 4 5.50 2.32 9.24 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 0.97 -44.15 + 5 5.50 2.33 11.57 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 0.98 -43.17 + 6 5.50 2.33 13.90 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 0.98 -42.19 + 7 5.50 2.33 16.24 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 0.98 -41.21 + 8 5.50 2.33 18.57 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 0.98 -40.22 + 9 5.50 2.34 20.91 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 0.99 -39.24 + 10 5.50 2.34 23.24 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 0.99 -38.25 + 11 5.50 2.34 25.58 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 0.99 -37.26 + 12 5.50 2.34 27.92 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 0.99 -36.27 + 13 5.50 2.34 30.26 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 0.99 -35.28 + 14 5.50 2.34 32.61 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 0.99 -34.29 + 15 5.50 2.34 34.95 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 0.99 -33.30 + 16 5.50 2.34 37.29 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 0.99 -32.30 + 17 5.50 2.34 39.63 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 0.99 -31.31 + 18 5.50 2.34 41.98 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 0.99 -30.32 + 19 5.50 2.34 44.32 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 0.99 -29.32 + 20 5.50 2.35 46.67 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 1.00 -28.33 + 21 5.50 2.35 49.01 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 1.00 -27.33 + 22 5.50 2.35 51.36 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 1.00 -26.33 + 23 5.50 2.35 53.71 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 1.00 -25.34 + 24 5.50 2.35 56.06 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 1.00 -24.34 + 25 5.50 2.35 58.40 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 1.00 -23.34 + 26 5.50 2.35 60.75 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 1.00 -22.35 + 27 5.50 2.35 63.10 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 1.00 -21.35 + 28 5.50 2.35 65.45 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 1.00 -20.35 + 29 5.50 2.35 67.80 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 1.00 -19.35 + 30 5.50 2.35 70.15 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.35 1.00 -18.35 diff --git a/tests/examples/example10_HP.out b/tests/examples/example10_HP.out index c7955838f..a5bae0b07 100644 --- a/tests/examples/example10_HP.out +++ b/tests/examples/example10_HP.out @@ -4,9 +4,9 @@ Simulation Metadata ---------------------- - GEOPHIRES Version: 3.7.23 - Simulation Date: 2025-03-10 - Simulation Time: 10:42 + GEOPHIRES Version: 3.8.4 + Simulation Date: 2025-03-19 + Simulation Time: 10:30 Calculation Time: 0.101 sec ***SUMMARY OF RESULTS*** @@ -14,7 +14,7 @@ Simulation Metadata End-Use Option: Direct-Use Heat Surface Application: Heat Pump Average Direct-Use Heat Production: 16.89 MW - Direct-Use heat breakeven price (LCOH): 14.41 USD/MMBTU + Direct-Use heat breakeven price (LCOH): 13.87 USD/MMBTU Number of production wells: 2 Number of injection wells: 2 Flowrate per production well: 70.0 kg/sec @@ -29,11 +29,11 @@ Simulation Metadata Accrued financing during construction: 5.00 Project lifetime: 30 yr Capacity factor: 90.0 % - Project NPV: 11.35 MUSD - Project IRR: 8.08 % - Project VIR=PI=PIR: 1.36 - Project MOIC: 1.01 - Project Payback Period: 11.96 yr + Project NPV: 15.18 MUSD + Project IRR: 9.52 % + Project VIR=PI=PIR: 1.55 + Project MOIC: 1.20 + Project Payback Period: 10.66 yr ***ENGINEERING PARAMETERS*** @@ -91,25 +91,25 @@ Simulation Metadata ***CAPITAL COSTS (M$)*** - Drilling and completion costs: 13.91 MUSD - Drilling and completion costs per well: 3.48 MUSD + Drilling and completion costs: 11.05 MUSD + Drilling and completion costs per well: 2.76 MUSD Stimulation costs: 3.02 MUSD Surface power plant costs: 7.78 MUSD of which Heat Pump Cost: 3.74 MUSD Field gathering system costs: 2.55 MUSD Total surface equipment costs: 10.33 MUSD - Exploration costs: 3.85 MUSD - Total capital costs: 31.11 MUSD + Exploration costs: 3.32 MUSD + Total capital costs: 27.72 MUSD ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** - Wellfield maintenance costs: 0.23 MUSD/yr + Wellfield maintenance costs: 0.20 MUSD/yr Power plant maintenance costs: 0.31 MUSD/yr Water costs: 0.07 MUSD/yr Average Reservoir Pumping Cost: 0.25 MUSD/yr Average Heat Pump Electricity Cost: 3.70 MUSD/yr - Total operating and maintenance costs: 4.56 MUSD/yr + Total operating and maintenance costs: 4.54 MUSD/yr ***SURFACE EQUIPMENT SIMULATION RESULTS*** @@ -205,34 +205,34 @@ Year Electricity | Heat | 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 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) ________________________________________________________________________________________________________________________________________________________________________________________ - 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 -31.11 -31.11 - 1 5.50 0.00 0.00 | 2.50 3.46 3.46 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.84 -28.26 - 2 5.50 0.00 0.00 | 2.50 3.46 6.92 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.84 -25.42 - 3 5.50 0.00 0.00 | 2.50 3.46 10.38 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.84 -22.58 - 4 5.50 0.00 0.00 | 2.50 3.46 13.84 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.84 -19.73 - 5 5.50 0.00 0.00 | 2.50 3.46 17.30 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.84 -16.89 - 6 5.50 0.00 0.00 | 2.50 3.46 20.75 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.84 -14.05 - 7 5.50 0.00 0.00 | 2.50 3.46 24.21 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.84 -11.20 - 8 5.50 0.00 0.00 | 2.50 3.46 27.67 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.84 -8.37 - 9 5.50 0.00 0.00 | 2.50 3.45 31.12 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.84 -5.53 - 10 5.50 0.00 0.00 | 2.50 3.45 34.56 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.83 -2.70 - 11 5.50 0.00 0.00 | 2.50 3.44 38.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.82 0.12 - 12 5.50 0.00 0.00 | 2.50 3.43 41.43 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.81 2.93 - 13 5.50 0.00 0.00 | 2.50 3.41 44.84 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.80 5.73 - 14 5.50 0.00 0.00 | 2.50 3.40 48.24 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.78 8.51 - 15 5.50 0.00 0.00 | 2.50 3.38 51.63 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.77 11.28 - 16 5.50 0.00 0.00 | 2.50 3.37 55.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.75 14.03 - 17 5.50 0.00 0.00 | 2.50 3.35 58.34 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.73 16.77 - 18 5.50 0.00 0.00 | 2.50 3.33 61.67 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.71 19.48 - 19 5.50 0.00 0.00 | 2.50 3.31 64.98 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.69 22.17 - 20 5.50 0.00 0.00 | 2.50 3.29 68.27 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.67 24.85 - 21 5.50 0.00 0.00 | 2.50 3.27 71.54 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.65 27.50 - 22 5.50 0.00 0.00 | 2.50 3.24 74.78 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.63 30.12 - 23 5.50 0.00 0.00 | 2.50 3.22 78.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.60 32.73 - 24 5.50 0.00 0.00 | 2.50 3.20 81.19 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.58 35.31 - 25 5.50 0.00 0.00 | 2.50 3.17 84.37 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.56 37.86 - 26 5.50 0.00 0.00 | 2.50 3.15 87.51 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.53 40.39 - 27 5.50 0.00 0.00 | 2.50 3.12 90.64 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.51 42.90 - 28 5.50 0.00 0.00 | 2.50 3.10 93.74 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.48 45.39 - 29 5.50 0.00 0.00 | 2.50 3.08 96.81 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.46 47.85 - 30 5.50 0.00 0.00 | 2.50 3.05 99.87 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.62 2.44 50.28 + 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 -27.72 -27.72 + 1 5.50 0.00 0.00 | 2.50 3.46 3.46 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.87 -24.84 + 2 5.50 0.00 0.00 | 2.50 3.46 6.92 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.87 -21.97 + 3 5.50 0.00 0.00 | 2.50 3.46 10.38 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.87 -19.10 + 4 5.50 0.00 0.00 | 2.50 3.46 13.84 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.87 -16.23 + 5 5.50 0.00 0.00 | 2.50 3.46 17.30 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.87 -13.36 + 6 5.50 0.00 0.00 | 2.50 3.46 20.75 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.87 -10.48 + 7 5.50 0.00 0.00 | 2.50 3.46 24.21 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.87 -7.61 + 8 5.50 0.00 0.00 | 2.50 3.46 27.67 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.87 -4.75 + 9 5.50 0.00 0.00 | 2.50 3.45 31.12 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.86 -1.88 + 10 5.50 0.00 0.00 | 2.50 3.45 34.56 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.86 0.98 + 11 5.50 0.00 0.00 | 2.50 3.44 38.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.85 3.83 + 12 5.50 0.00 0.00 | 2.50 3.43 41.43 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.84 6.66 + 13 5.50 0.00 0.00 | 2.50 3.41 44.84 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.83 9.49 + 14 5.50 0.00 0.00 | 2.50 3.40 48.24 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.81 12.31 + 15 5.50 0.00 0.00 | 2.50 3.38 51.63 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.80 15.10 + 16 5.50 0.00 0.00 | 2.50 3.37 55.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.78 17.88 + 17 5.50 0.00 0.00 | 2.50 3.35 58.34 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.76 20.65 + 18 5.50 0.00 0.00 | 2.50 3.33 61.67 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.74 23.39 + 19 5.50 0.00 0.00 | 2.50 3.31 64.98 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.72 26.11 + 20 5.50 0.00 0.00 | 2.50 3.29 68.27 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.70 28.81 + 21 5.50 0.00 0.00 | 2.50 3.27 71.54 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.68 31.49 + 22 5.50 0.00 0.00 | 2.50 3.24 74.78 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.66 34.14 + 23 5.50 0.00 0.00 | 2.50 3.22 78.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.63 36.77 + 24 5.50 0.00 0.00 | 2.50 3.20 81.19 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.61 39.38 + 25 5.50 0.00 0.00 | 2.50 3.17 84.37 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.58 41.97 + 26 5.50 0.00 0.00 | 2.50 3.15 87.51 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.56 44.53 + 27 5.50 0.00 0.00 | 2.50 3.12 90.64 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.54 47.07 + 28 5.50 0.00 0.00 | 2.50 3.10 93.74 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.51 49.58 + 29 5.50 0.00 0.00 | 2.50 3.08 96.81 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.49 52.07 + 30 5.50 0.00 0.00 | 2.50 3.05 99.87 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.59 2.47 54.53 diff --git a/tests/examples/example11_AC.out b/tests/examples/example11_AC.out index bff7cf4a2..9f77dd1a5 100644 --- a/tests/examples/example11_AC.out +++ b/tests/examples/example11_AC.out @@ -4,10 +4,10 @@ Simulation Metadata ---------------------- - GEOPHIRES Version: 3.7.23 - Simulation Date: 2025-03-10 - Simulation Time: 10:42 - Calculation Time: 0.100 sec + GEOPHIRES Version: 3.8.4 + Simulation Date: 2025-03-19 + Simulation Time: 10:30 + Calculation Time: 0.104 sec ***SUMMARY OF RESULTS*** @@ -15,7 +15,7 @@ Simulation Metadata Surface Application: Absorption Chiller Average Direct-Use Heat Production: 8.62 MW Average Cooling Production: 5.58 MW - Direct-Use Cooling Breakeven Price (LCOC): 17.26 USD/MMBTU + Direct-Use Cooling Breakeven Price (LCOC): 15.62 USD/MMBTU Number of production wells: 2 Number of injection wells: 2 Flowrate per production well: 50.0 kg/sec @@ -30,11 +30,11 @@ Simulation Metadata Accrued financing during construction: 5.00 Project lifetime: 30 yr Capacity factor: 90.0 % - Project NPV: 6.28 MUSD - Project IRR: 6.83 % - Project VIR=PI=PIR: 1.21 - Project MOIC: 0.83 - Project Payback Period: 13.36 yr + Project NPV: 10.11 MUSD + Project IRR: 8.23 % + Project VIR=PI=PIR: 1.38 + Project MOIC: 1.01 + Project Payback Period: 11.81 yr ***ENGINEERING PARAMETERS*** @@ -92,25 +92,25 @@ Simulation Metadata ***CAPITAL COSTS (M$)*** - Drilling and completion costs: 13.91 MUSD - Drilling and completion costs per well: 3.48 MUSD + Drilling and completion costs: 11.05 MUSD + Drilling and completion costs per well: 2.76 MUSD Stimulation costs: 3.02 MUSD Surface power plant costs: 6.62 MUSD of which Absorption Chiller Cost: 3.74 MUSD Field gathering system costs: 2.34 MUSD Total surface equipment costs: 8.96 MUSD - Exploration costs: 3.85 MUSD - Total capital costs: 29.74 MUSD + Exploration costs: 3.32 MUSD + Total capital costs: 26.35 MUSD ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** - Wellfield maintenance costs: 0.23 MUSD/yr + Wellfield maintenance costs: 0.20 MUSD/yr Power plant maintenance costs: 0.24 MUSD/yr Water costs: 0.05 MUSD/yr Average Reservoir Pumping Cost: 0.11 MUSD/yr Absorption Chiller O&M Cost: 0.07 MUSD/yr - Total operating and maintenance costs: 0.70 MUSD/yr + Total operating and maintenance costs: 0.67 MUSD/yr ***SURFACE EQUIPMENT SIMULATION RESULTS*** @@ -210,34 +210,34 @@ Year Electricity | Heat | 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 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) ________________________________________________________________________________________________________________________________________________________________________________________ - 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 -29.74 -29.74 - 1 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 3.00 3.00 | 0.00 0.00 0.00 | 0.58 2.41 -27.33 - 2 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 3.00 5.99 | 0.00 0.00 0.00 | 0.58 2.41 -24.91 - 3 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 3.00 8.99 | 0.00 0.00 0.00 | 0.58 2.41 -22.50 - 4 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 3.00 11.99 | 0.00 0.00 0.00 | 0.58 2.41 -20.08 - 5 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 3.00 14.98 | 0.00 0.00 0.00 | 0.58 2.41 -17.67 - 6 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 3.00 17.98 | 0.00 0.00 0.00 | 0.58 2.41 -15.26 - 7 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.99 20.97 | 0.00 0.00 0.00 | 0.58 2.41 -12.85 - 8 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.99 23.97 | 0.00 0.00 0.00 | 0.58 2.41 -10.44 - 9 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.99 26.96 | 0.00 0.00 0.00 | 0.58 2.41 -8.03 - 10 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.98 29.94 | 0.00 0.00 0.00 | 0.58 2.40 -5.63 - 11 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.98 32.92 | 0.00 0.00 0.00 | 0.58 2.39 -3.23 - 12 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.97 35.88 | 0.00 0.00 0.00 | 0.58 2.39 -0.85 - 13 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.96 38.84 | 0.00 0.00 0.00 | 0.58 2.37 1.53 - 14 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.95 41.79 | 0.00 0.00 0.00 | 0.58 2.36 3.89 - 15 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.93 44.72 | 0.00 0.00 0.00 | 0.58 2.35 6.24 - 16 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.92 47.64 | 0.00 0.00 0.00 | 0.58 2.33 8.57 - 17 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.90 50.54 | 0.00 0.00 0.00 | 0.58 2.32 10.89 - 18 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.88 53.42 | 0.00 0.00 0.00 | 0.58 2.30 13.19 - 19 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.87 56.29 | 0.00 0.00 0.00 | 0.58 2.28 15.48 - 20 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.85 59.14 | 0.00 0.00 0.00 | 0.58 2.26 17.74 - 21 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.83 61.96 | 0.00 0.00 0.00 | 0.58 2.25 19.99 - 22 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.81 64.77 | 0.00 0.00 0.00 | 0.58 2.23 22.21 - 23 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.79 67.56 | 0.00 0.00 0.00 | 0.58 2.21 24.42 - 24 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.77 70.33 | 0.00 0.00 0.00 | 0.58 2.19 26.60 - 25 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.75 73.08 | 0.00 0.00 0.00 | 0.58 2.16 28.77 - 26 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.73 75.80 | 0.00 0.00 0.00 | 0.58 2.14 30.91 - 27 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.71 78.51 | 0.00 0.00 0.00 | 0.58 2.12 33.03 - 28 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.69 81.20 | 0.00 0.00 0.00 | 0.58 2.10 35.14 - 29 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.66 83.86 | 0.00 0.00 0.00 | 0.58 2.08 37.22 - 30 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.64 86.51 | 0.00 0.00 0.00 | 0.58 2.06 39.28 + 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 -26.35 -26.35 + 1 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 3.00 3.00 | 0.00 0.00 0.00 | 0.55 2.44 -23.91 + 2 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 3.00 5.99 | 0.00 0.00 0.00 | 0.55 2.44 -21.46 + 3 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 3.00 8.99 | 0.00 0.00 0.00 | 0.55 2.44 -19.02 + 4 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 3.00 11.99 | 0.00 0.00 0.00 | 0.55 2.44 -16.58 + 5 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 3.00 14.98 | 0.00 0.00 0.00 | 0.55 2.44 -14.14 + 6 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 3.00 17.98 | 0.00 0.00 0.00 | 0.55 2.44 -11.70 + 7 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.99 20.97 | 0.00 0.00 0.00 | 0.55 2.44 -9.25 + 8 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.99 23.97 | 0.00 0.00 0.00 | 0.55 2.44 -6.82 + 9 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.99 26.96 | 0.00 0.00 0.00 | 0.55 2.44 -4.38 + 10 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.98 29.94 | 0.00 0.00 0.00 | 0.55 2.43 -1.95 + 11 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.98 32.92 | 0.00 0.00 0.00 | 0.55 2.42 0.47 + 12 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.97 35.88 | 0.00 0.00 0.00 | 0.55 2.41 2.89 + 13 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.96 38.84 | 0.00 0.00 0.00 | 0.55 2.40 5.29 + 14 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.95 41.79 | 0.00 0.00 0.00 | 0.55 2.39 7.68 + 15 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.93 44.72 | 0.00 0.00 0.00 | 0.55 2.38 10.06 + 16 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.92 47.64 | 0.00 0.00 0.00 | 0.55 2.36 12.42 + 17 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.90 50.54 | 0.00 0.00 0.00 | 0.55 2.35 14.77 + 18 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.88 53.42 | 0.00 0.00 0.00 | 0.55 2.33 17.10 + 19 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.87 56.29 | 0.00 0.00 0.00 | 0.55 2.31 19.41 + 20 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.85 59.14 | 0.00 0.00 0.00 | 0.55 2.29 21.70 + 21 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.83 61.96 | 0.00 0.00 0.00 | 0.55 2.27 23.98 + 22 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.81 64.77 | 0.00 0.00 0.00 | 0.55 2.25 26.23 + 23 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.79 67.56 | 0.00 0.00 0.00 | 0.55 2.23 28.47 + 24 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.77 70.33 | 0.00 0.00 0.00 | 0.55 2.21 30.68 + 25 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.75 73.08 | 0.00 0.00 0.00 | 0.55 2.19 32.87 + 26 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.73 75.80 | 0.00 0.00 0.00 | 0.55 2.17 35.05 + 27 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.71 78.51 | 0.00 0.00 0.00 | 0.55 2.15 37.20 + 28 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.69 81.20 | 0.00 0.00 0.00 | 0.55 2.13 39.33 + 29 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.66 83.86 | 0.00 0.00 0.00 | 0.55 2.11 41.44 + 30 5.50 0.00 0.00 | 2.50 0.00 0.00 | 6.55 2.64 86.51 | 0.00 0.00 0.00 | 0.55 2.09 43.53 diff --git a/tests/examples/example13.out b/tests/examples/example13.out index e67ad54c2..1b861f12f 100644 --- a/tests/examples/example13.out +++ b/tests/examples/example13.out @@ -4,18 +4,18 @@ Simulation Metadata ---------------------- - GEOPHIRES Version: 3.7.23 - Simulation Date: 2025-03-10 - Simulation Time: 10:41 - Calculation Time: 0.035 sec + GEOPHIRES Version: 3.8.4 + Simulation Date: 2025-03-19 + Simulation Time: 10:30 + Calculation Time: 0.036 sec ***SUMMARY OF RESULTS*** End-Use Option: Cogeneration Bottoming Cycle, Electricity sales considered as extra income Average Net Electricity Production: 3.15 MW Average Direct-Use Heat Production: 15.63 MW - Electricity breakeven price: 18.07 cents/kWh - Direct-Use heat breakeven price (LCOH): 7.18 USD/MMBTU + Electricity breakeven price: 16.12 cents/kWh + Direct-Use heat breakeven price (LCOH): 6.44 USD/MMBTU Number of production wells: 2 Number of injection wells: 2 Flowrate per production well: 50.0 kg/sec @@ -30,10 +30,10 @@ Simulation Metadata Accrued financing during construction: 0.00 Project lifetime: 30 yr Capacity factor: 80.0 % - Project NPV: -42.75 MUSD - Project IRR: -5.36 % - Project VIR=PI=PIR: 0.24 - Project MOIC: -0.21 + Project NPV: -31.42 MUSD + Project IRR: -2.67 % + Project VIR=PI=PIR: 0.37 + Project MOIC: -0.12 Project Payback Period: N/A CHP: Percent cost allocation for electrical plant: 60.28 % @@ -94,22 +94,22 @@ Simulation Metadata ***CAPITAL COSTS (M$)*** - Drilling and completion costs: 33.28 MUSD - Drilling and completion costs per well: 8.32 MUSD + Drilling and completion costs: 26.49 MUSD + Drilling and completion costs per well: 6.62 MUSD Stimulation costs: 1.00 MUSD Surface power plant costs: 19.89 MUSD Field gathering system costs: 2.32 MUSD Total surface equipment costs: 22.21 MUSD Exploration costs: 0.00 MUSD - Total capital costs: 56.49 MUSD + Total capital costs: 49.70 MUSD ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** - Wellfield maintenance costs: 0.69 MUSD/yr + Wellfield maintenance costs: 0.62 MUSD/yr Power plant maintenance costs: 1.30 MUSD/yr Water costs: 0.00 MUSD/yr - Total operating and maintenance costs: 3.14 MUSD/yr + Total operating and maintenance costs: 2.84 MUSD/yr ***SURFACE EQUIPMENT SIMULATION RESULTS*** @@ -217,34 +217,34 @@ Year Electricity | Heat | 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 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) ________________________________________________________________________________________________________________________________________________________________________________________ - 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 -56.49 -56.49 - 1 5.50 1.24 1.24 | 2.50 3.39 3.39 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 1.49 -55.00 - 2 5.50 1.23 2.47 | 2.50 3.30 6.69 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 1.39 -53.61 - 3 5.50 1.23 3.70 | 2.50 3.20 9.89 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 1.30 -52.31 - 4 5.50 1.23 4.93 | 2.50 3.10 12.99 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 1.20 -51.11 - 5 5.50 1.22 6.15 | 2.50 3.01 16.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 1.10 -50.02 - 6 5.50 1.22 7.37 | 2.50 2.91 18.92 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 1.00 -49.02 - 7 5.50 1.22 8.59 | 2.50 2.82 21.73 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 0.90 -48.12 - 8 5.50 1.21 9.81 | 2.50 2.72 24.46 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 0.80 -47.32 - 9 5.50 1.21 11.02 | 2.50 2.63 27.08 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 0.70 -46.61 - 10 5.50 1.21 12.23 | 2.50 2.53 29.62 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 0.60 -46.01 - 11 5.50 1.20 13.43 | 2.50 2.44 32.05 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 0.51 -45.50 - 12 5.50 1.20 14.63 | 2.50 2.34 34.39 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 0.41 -45.10 - 13 5.50 1.20 15.83 | 2.50 2.25 36.64 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 0.31 -44.79 - 14 5.50 1.20 17.03 | 2.50 2.15 38.79 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 0.21 -44.58 - 15 5.50 1.19 18.22 | 2.50 2.05 40.84 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 0.11 -44.47 - 16 5.50 1.23 19.45 | 2.50 3.18 44.02 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 1.27 -43.19 - 17 5.50 1.24 20.69 | 2.50 3.33 47.35 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 1.43 -41.76 - 18 5.50 1.23 21.92 | 2.50 3.23 50.58 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 1.33 -40.44 - 19 5.50 1.23 23.15 | 2.50 3.14 53.72 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 1.23 -39.21 - 20 5.50 1.23 24.37 | 2.50 3.04 56.76 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 1.13 -38.08 - 21 5.50 1.22 25.59 | 2.50 2.95 59.71 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 1.03 -37.04 - 22 5.50 1.22 26.81 | 2.50 2.85 62.56 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 0.93 -36.11 - 23 5.50 1.22 28.03 | 2.50 2.75 65.31 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 0.83 -35.28 - 24 5.50 1.21 29.24 | 2.50 2.66 67.97 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 0.74 -34.54 - 25 5.50 1.21 30.45 | 2.50 2.56 70.53 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 0.64 -33.90 - 26 5.50 1.21 31.66 | 2.50 2.47 73.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 0.54 -33.37 - 27 5.50 1.20 32.86 | 2.50 2.37 75.37 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 0.44 -32.93 - 28 5.50 1.20 34.06 | 2.50 2.28 77.65 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 0.34 -32.58 - 29 5.50 1.20 35.26 | 2.50 2.18 79.83 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 0.24 -32.34 - 30 5.50 1.19 36.45 | 2.50 2.10 81.94 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.14 0.16 -32.18 + 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 -49.70 -49.70 + 1 5.50 1.24 1.24 | 2.50 3.39 3.39 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 1.79 -47.91 + 2 5.50 1.23 2.47 | 2.50 3.30 6.69 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 1.69 -46.22 + 3 5.50 1.23 3.70 | 2.50 3.20 9.89 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 1.59 -44.63 + 4 5.50 1.23 4.93 | 2.50 3.10 12.99 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 1.49 -43.14 + 5 5.50 1.22 6.15 | 2.50 3.01 16.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 1.39 -41.75 + 6 5.50 1.22 7.37 | 2.50 2.91 18.92 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 1.29 -40.45 + 7 5.50 1.22 8.59 | 2.50 2.82 21.73 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 1.19 -39.26 + 8 5.50 1.21 9.81 | 2.50 2.72 24.46 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 1.10 -38.16 + 9 5.50 1.21 11.02 | 2.50 2.63 27.08 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 1.00 -37.16 + 10 5.50 1.21 12.23 | 2.50 2.53 29.62 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 0.90 -36.26 + 11 5.50 1.20 13.43 | 2.50 2.44 32.05 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 0.80 -35.46 + 12 5.50 1.20 14.63 | 2.50 2.34 34.39 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 0.70 -34.76 + 13 5.50 1.20 15.83 | 2.50 2.25 36.64 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 0.60 -34.16 + 14 5.50 1.20 17.03 | 2.50 2.15 38.79 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 0.50 -33.66 + 15 5.50 1.19 18.22 | 2.50 2.05 40.84 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 0.41 -33.25 + 16 5.50 1.23 19.45 | 2.50 3.18 44.02 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 1.57 -31.68 + 17 5.50 1.24 20.69 | 2.50 3.33 47.35 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 1.72 -29.96 + 18 5.50 1.23 21.92 | 2.50 3.23 50.58 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 1.62 -28.34 + 19 5.50 1.23 23.15 | 2.50 3.14 53.72 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 1.52 -26.81 + 20 5.50 1.23 24.37 | 2.50 3.04 56.76 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 1.43 -25.39 + 21 5.50 1.22 25.59 | 2.50 2.95 59.71 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 1.33 -24.06 + 22 5.50 1.22 26.81 | 2.50 2.85 62.56 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 1.23 -22.83 + 23 5.50 1.22 28.03 | 2.50 2.75 65.31 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 1.13 -21.70 + 24 5.50 1.21 29.24 | 2.50 2.66 67.97 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 1.03 -20.67 + 25 5.50 1.21 30.45 | 2.50 2.56 70.53 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 0.93 -19.74 + 26 5.50 1.21 31.66 | 2.50 2.47 73.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 0.83 -18.91 + 27 5.50 1.20 32.86 | 2.50 2.37 75.37 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 0.73 -18.17 + 28 5.50 1.20 34.06 | 2.50 2.28 77.65 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 0.64 -17.54 + 29 5.50 1.20 35.26 | 2.50 2.18 79.83 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 0.54 -17.00 + 30 5.50 1.19 36.45 | 2.50 2.10 81.94 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.84 0.46 -16.55 diff --git a/tests/examples/example1_addons.out b/tests/examples/example1_addons.out index 76a3eb66b..5f057f829 100644 --- a/tests/examples/example1_addons.out +++ b/tests/examples/example1_addons.out @@ -4,16 +4,16 @@ Simulation Metadata ---------------------- - GEOPHIRES Version: 3.7.23 - Simulation Date: 2025-03-10 - Simulation Time: 10:41 - Calculation Time: 0.782 sec + GEOPHIRES Version: 3.8.4 + Simulation Date: 2025-03-19 + Simulation Time: 10:29 + Calculation Time: 0.784 sec ***SUMMARY OF RESULTS*** End-Use Option: Electricity Average Net Electricity Production: 5.39 MW - Electricity breakeven price: 1.73 cents/kWh + Electricity breakeven price: 0.99 cents/kWh Number of production wells: 2 Number of injection wells: 2 Flowrate per production well: 55.0 kg/sec @@ -29,11 +29,11 @@ Simulation Metadata Accrued financing during construction: 0.00 Project lifetime: 30 yr Capacity factor: 90.0 % - Project NPV: 66.12 MUSD - Project IRR: 20.12 % - Project VIR=PI=PIR: 3.13 - Project MOIC: 36.52 - Project Payback Period: 7.05 yr + Project NPV: 72.08 MUSD + Project IRR: 23.66 % + Project VIR=PI=PIR: 3.81 + Project MOIC: -1324.72 + Project Payback Period: 5.97 yr Estimated Jobs Created: 12 ***ENGINEERING PARAMETERS*** @@ -93,23 +93,23 @@ Simulation Metadata ***CAPITAL COSTS (M$)*** - Drilling and completion costs: 21.95 MUSD - Drilling and completion costs per well: 5.49 MUSD + Drilling and completion costs: 17.38 MUSD + Drilling and completion costs per well: 4.35 MUSD Stimulation costs: 3.02 MUSD Surface power plant costs: 20.80 MUSD Field gathering system costs: 2.30 MUSD Total surface equipment costs: 23.10 MUSD - Exploration costs: 5.33 MUSD - Total capital costs: 31.07 MUSD - Annualized capital costs: 1.55 MUSD + Exploration costs: 4.49 MUSD + Total capital costs: 25.67 MUSD + Annualized capital costs: 1.28 MUSD ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** - Wellfield maintenance costs: 0.44 MUSD/yr + Wellfield maintenance costs: 0.39 MUSD/yr Power plant maintenance costs: 0.90 MUSD/yr Water costs: 0.06 MUSD/yr - Total operating and maintenance costs: -0.82 MUSD/yr + Total operating and maintenance costs: -0.86 MUSD/yr ***SURFACE EQUIPMENT SIMULATION RESULTS*** @@ -212,50 +212,50 @@ Year Electricity | Heat | 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 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) ________________________________________________________________________________________________________________________________________________________________________________________ - 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 -31.07 -31.07 - 1 9.00 3.74 3.74 | 1.23 0.00 0.00 | 2.50 0.00 0.00 | 0.01 0.51 0.51 | -0.82 5.07 -26.00 - 2 9.00 3.78 7.53 | 1.23 0.00 0.00 | 2.50 0.00 0.00 | 0.01 0.52 1.03 | -0.82 5.12 -20.88 - 3 9.00 3.80 11.33 | 1.23 0.00 0.00 | 2.50 0.00 0.00 | 0.01 0.52 1.55 | -0.82 5.13 -15.74 - 4 9.00 3.81 15.14 | 1.23 0.00 0.00 | 2.50 0.00 0.00 | 0.01 0.52 2.07 | -0.82 5.14 -10.60 - 5 9.00 3.81 18.95 | 1.23 0.00 0.00 | 2.50 0.00 0.00 | 0.01 0.52 2.59 | -0.82 5.15 -5.45 - 6 9.00 3.82 22.76 | 1.23 0.00 0.00 | 2.50 0.00 0.00 | 0.01 0.52 3.11 | -0.82 5.15 -0.30 - 7 10.20 4.33 27.09 | 1.23 0.00 0.00 | 2.50 0.00 0.00 | 0.03 0.87 3.98 | -0.82 6.02 5.72 - 8 11.40 4.84 31.94 | 1.23 0.00 0.00 | 2.50 0.00 0.00 | 0.04 1.22 5.20 | -0.82 6.88 12.60 - 9 12.60 5.36 37.29 | 2.23 0.00 0.00 | 2.50 0.00 0.00 | 0.04 1.57 6.77 | -0.82 7.74 20.34 - 10 13.80 5.87 43.16 | 3.23 0.00 0.00 | 2.50 0.00 0.00 | 0.06 1.92 8.69 | -0.82 8.60 28.94 - 11 15.00 6.38 49.54 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.07 2.27 10.95 | -0.82 9.47 38.41 - 12 15.00 6.39 55.93 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.07 2.62 13.57 | -0.82 9.82 48.22 - 13 15.00 6.39 62.31 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.09 2.97 16.54 | -0.82 10.17 58.40 - 14 15.00 6.39 68.70 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.32 19.86 | -0.82 10.52 68.92 - 15 15.00 6.39 75.10 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.49 23.35 | -0.82 10.70 79.62 - 16 15.00 6.39 81.49 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 26.85 | -0.82 10.71 90.33 - 17 15.00 6.40 87.89 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 30.34 | -0.82 10.71 101.04 - 18 15.00 6.40 94.28 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 33.84 | -0.82 10.71 111.75 - 19 15.00 6.40 100.68 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 37.34 | -0.82 10.71 122.46 - 20 15.00 6.40 107.08 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 40.84 | -0.82 10.72 133.18 - 21 15.00 6.40 113.48 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 44.34 | -0.82 10.72 143.89 - 22 15.00 6.40 119.89 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 47.84 | -0.82 10.72 154.61 - 23 15.00 6.40 126.29 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 51.34 | -0.82 10.72 165.34 - 24 15.00 6.41 132.70 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 54.84 | -0.82 10.72 176.06 - 25 15.00 6.41 139.10 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 58.34 | -0.82 10.73 186.78 - 26 15.00 6.41 145.51 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 61.85 | -0.82 10.73 197.51 - 27 15.00 6.41 151.92 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 65.35 | -0.82 10.73 208.24 - 28 15.00 6.41 158.33 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 68.85 | -0.82 10.73 218.97 - 29 15.00 6.41 164.74 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 72.36 | -0.82 10.73 229.70 - 30 15.00 6.41 171.15 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 75.86 | -0.82 10.73 240.43 + 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 -25.67 -25.67 + 1 9.00 3.74 3.74 | 1.23 0.00 0.00 | 2.50 0.00 0.00 | 0.01 0.51 0.51 | -0.86 5.12 -20.55 + 2 9.00 3.78 7.53 | 1.23 0.00 0.00 | 2.50 0.00 0.00 | 0.01 0.52 1.03 | -0.86 5.16 -15.38 + 3 9.00 3.80 11.33 | 1.23 0.00 0.00 | 2.50 0.00 0.00 | 0.01 0.52 1.55 | -0.86 5.18 -10.20 + 4 9.00 3.81 15.14 | 1.23 0.00 0.00 | 2.50 0.00 0.00 | 0.01 0.52 2.07 | -0.86 5.19 -5.02 + 5 9.00 3.81 18.95 | 1.23 0.00 0.00 | 2.50 0.00 0.00 | 0.01 0.52 2.59 | -0.86 5.20 0.18 + 6 9.00 3.82 22.76 | 1.23 0.00 0.00 | 2.50 0.00 0.00 | 0.01 0.52 3.11 | -0.86 5.20 5.38 + 7 10.20 4.33 27.09 | 1.23 0.00 0.00 | 2.50 0.00 0.00 | 0.03 0.87 3.98 | -0.86 6.06 11.44 + 8 11.40 4.84 31.94 | 1.23 0.00 0.00 | 2.50 0.00 0.00 | 0.04 1.22 5.20 | -0.86 6.92 18.36 + 9 12.60 5.36 37.29 | 2.23 0.00 0.00 | 2.50 0.00 0.00 | 0.04 1.57 6.77 | -0.86 7.79 26.15 + 10 13.80 5.87 43.16 | 3.23 0.00 0.00 | 2.50 0.00 0.00 | 0.06 1.92 8.69 | -0.86 8.65 34.80 + 11 15.00 6.38 49.54 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.07 2.27 10.95 | -0.86 9.51 44.31 + 12 15.00 6.39 55.93 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.07 2.62 13.57 | -0.86 9.86 54.17 + 13 15.00 6.39 62.31 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.09 2.97 16.54 | -0.86 10.22 64.39 + 14 15.00 6.39 68.70 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.32 19.86 | -0.86 10.57 74.96 + 15 15.00 6.39 75.10 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.49 23.35 | -0.86 10.75 85.71 + 16 15.00 6.39 81.49 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 26.85 | -0.86 10.75 96.46 + 17 15.00 6.40 87.89 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 30.34 | -0.86 10.75 107.21 + 18 15.00 6.40 94.28 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 33.84 | -0.86 10.76 117.97 + 19 15.00 6.40 100.68 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 37.34 | -0.86 10.76 128.73 + 20 15.00 6.40 107.08 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 40.84 | -0.86 10.76 139.49 + 21 15.00 6.40 113.48 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 44.34 | -0.86 10.76 150.25 + 22 15.00 6.40 119.89 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 47.84 | -0.86 10.77 161.02 + 23 15.00 6.40 126.29 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 51.34 | -0.86 10.77 171.79 + 24 15.00 6.41 132.70 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 54.84 | -0.86 10.77 182.56 + 25 15.00 6.41 139.10 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 58.34 | -0.86 10.77 193.33 + 26 15.00 6.41 145.51 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 61.85 | -0.86 10.77 204.10 + 27 15.00 6.41 151.92 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 65.35 | -0.86 10.77 214.87 + 28 15.00 6.41 158.33 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 68.85 | -0.86 10.78 225.65 + 29 15.00 6.41 164.74 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 72.36 | -0.86 10.78 236.43 + 30 15.00 6.41 171.15 | 3.59 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.50 75.86 | -0.86 10.78 247.20 ***EXTENDED ECONOMICS*** - Adjusted Project LCOE (after incentives, grants, AddOns,etc): 1.73 cents/kWh + Adjusted Project LCOE (after incentives, grants, AddOns,etc): 0.99 cents/kWh Adjusted Project LCOH (after incentives, grants, AddOns,etc): 0.00 USD/MMBTU - Adjusted Project CAPEX (after incentives, grants, AddOns, etc): 101.07 MUSD - Adjusted Project OPEX (after incentives, grants, AddOns, etc): 0.88 MUSD - Project NPV (including AddOns): -12.88 MUSD + Adjusted Project CAPEX (after incentives, grants, AddOns, etc): 95.67 MUSD + Adjusted Project OPEX (after incentives, grants, AddOns, etc): 0.84 MUSD + Project NPV (including AddOns): -6.91 MUSD Project IRR (including AddOns): 0.06 % - Project VIR=PI=PIR (including AddOns): 0.87 - Project MOIC (including AddOns): 1.01 + Project VIR=PI=PIR (including AddOns): 0.93 + Project MOIC (including AddOns): 1.12 Total Add-on CAPEX: 70.00 MUSD Total Add-on OPEX: 1.70 MUSD/yr Total Add-on Net Elec: 25900.00 kW/yr @@ -270,33 +270,33 @@ ________________________________________________________________________________ Year Electricity Heat Add-on Annual AddOn Cumm. AddOn Annual Project Cumm. Project Since Price Revenue Price Revenue Revenue Cash Flow Cash Flow Cash Flow Cash Flow Start (cents/kWh)(MUSD/yr) (cents/kWh)(MUSD/yr) (MUSD/yr) (MUSD/yr) (MUSD) (MUSD/yr) (MUSD) - 1 0.000 0.0023 0.000 0.0000 1.14 -70.00 -70.00 -101.07 -101.07 - 2 0.090 0.0023 0.012 0.0000 1.14 1.14 -68.86 5.70 -95.37 - 3 0.090 0.0023 0.012 0.0000 1.14 1.14 -67.72 5.74 -89.63 - 4 0.090 0.0023 0.012 0.0000 1.14 1.14 -66.59 5.75 -83.88 - 5 0.090 0.0023 0.012 0.0000 1.14 1.14 -65.45 5.76 -78.12 - 6 0.090 0.0023 0.012 0.0000 1.14 1.14 -64.31 5.77 -72.35 - 7 0.090 0.0026 0.012 0.0000 1.14 1.14 -63.17 5.77 -66.58 - 8 0.102 0.0030 0.012 0.0000 1.14 1.14 -62.03 6.28 -60.29 - 9 0.114 0.0033 0.012 0.0000 1.14 1.14 -60.89 6.80 -53.50 - 10 0.126 0.0036 0.022 0.0000 1.14 1.14 -59.75 7.31 -46.19 - 11 0.138 0.0039 0.032 0.0000 1.14 1.14 -58.61 7.82 -38.36 - 12 0.150 0.0039 0.036 0.0000 1.14 1.14 -57.47 8.34 -30.02 - 13 0.150 0.0039 0.036 0.0000 1.14 1.14 -56.33 8.34 -21.68 - 14 0.150 0.0039 0.036 0.0000 1.14 1.14 -55.19 8.34 -13.34 - 15 0.150 0.0039 0.036 0.0000 1.14 1.14 -54.05 8.35 -4.99 - 16 0.150 0.0039 0.036 0.0000 1.14 1.14 -52.91 8.35 3.36 - 17 0.150 0.0039 0.036 0.0000 1.14 1.14 -51.77 8.35 11.71 - 18 0.150 0.0039 0.036 0.0000 1.14 1.14 -50.63 8.35 20.06 - 19 0.150 0.0039 0.036 0.0000 1.14 1.14 -49.49 8.35 28.41 - 20 0.150 0.0039 0.036 0.0000 1.14 1.14 -48.35 8.36 36.77 - 21 0.150 0.0039 0.036 0.0000 1.14 1.14 -47.21 8.36 45.12 - 22 0.150 0.0039 0.036 0.0000 1.14 1.14 -46.07 8.36 53.48 - 23 0.150 0.0039 0.036 0.0000 1.14 1.14 -44.93 8.36 61.84 - 24 0.150 0.0039 0.036 0.0000 1.14 1.14 -43.80 8.36 70.20 - 25 0.150 0.0039 0.036 0.0000 1.14 1.14 -42.66 8.36 78.56 - 26 0.150 0.0039 0.036 0.0000 1.14 1.14 -41.52 8.36 86.92 - 27 0.150 0.0039 0.036 0.0000 1.14 1.14 -40.38 8.36 95.29 - 28 0.150 0.0039 0.036 0.0000 1.14 1.14 -39.24 8.36 103.65 - 29 0.150 0.0039 0.036 0.0000 1.14 1.14 -38.10 8.37 112.02 - 30 0.150 0.0039 0.036 0.0000 1.14 1.14 -36.96 8.37 120.39 + 1 0.000 0.0023 0.000 0.0000 1.14 -70.00 -70.00 -95.67 -95.67 + 2 0.090 0.0023 0.012 0.0000 1.14 1.14 -68.86 5.75 -89.92 + 3 0.090 0.0023 0.012 0.0000 1.14 1.14 -67.72 5.79 -84.14 + 4 0.090 0.0023 0.012 0.0000 1.14 1.14 -66.59 5.80 -78.34 + 5 0.090 0.0023 0.012 0.0000 1.14 1.14 -65.45 5.81 -72.53 + 6 0.090 0.0023 0.012 0.0000 1.14 1.14 -64.31 5.81 -66.72 + 7 0.090 0.0026 0.012 0.0000 1.14 1.14 -63.17 5.82 -60.90 + 8 0.102 0.0030 0.012 0.0000 1.14 1.14 -62.03 6.33 -54.57 + 9 0.114 0.0033 0.012 0.0000 1.14 1.14 -60.89 6.84 -47.73 + 10 0.126 0.0036 0.022 0.0000 1.14 1.14 -59.75 7.36 -40.37 + 11 0.138 0.0039 0.032 0.0000 1.14 1.14 -58.61 7.87 -32.50 + 12 0.150 0.0039 0.036 0.0000 1.14 1.14 -57.47 8.38 -24.12 + 13 0.150 0.0039 0.036 0.0000 1.14 1.14 -56.33 8.39 -15.73 + 14 0.150 0.0039 0.036 0.0000 1.14 1.14 -55.19 8.39 -7.34 + 15 0.150 0.0039 0.036 0.0000 1.14 1.14 -54.05 8.39 1.05 + 16 0.150 0.0039 0.036 0.0000 1.14 1.14 -52.91 8.39 9.44 + 17 0.150 0.0039 0.036 0.0000 1.14 1.14 -51.77 8.40 17.84 + 18 0.150 0.0039 0.036 0.0000 1.14 1.14 -50.63 8.40 26.24 + 19 0.150 0.0039 0.036 0.0000 1.14 1.14 -49.49 8.40 34.63 + 20 0.150 0.0039 0.036 0.0000 1.14 1.14 -48.35 8.40 43.03 + 21 0.150 0.0039 0.036 0.0000 1.14 1.14 -47.21 8.40 51.44 + 22 0.150 0.0039 0.036 0.0000 1.14 1.14 -46.07 8.40 59.84 + 23 0.150 0.0039 0.036 0.0000 1.14 1.14 -44.93 8.40 68.25 + 24 0.150 0.0039 0.036 0.0000 1.14 1.14 -43.80 8.41 76.65 + 25 0.150 0.0039 0.036 0.0000 1.14 1.14 -42.66 8.41 85.06 + 26 0.150 0.0039 0.036 0.0000 1.14 1.14 -41.52 8.41 93.47 + 27 0.150 0.0039 0.036 0.0000 1.14 1.14 -40.38 8.41 101.88 + 28 0.150 0.0039 0.036 0.0000 1.14 1.14 -39.24 8.41 110.29 + 29 0.150 0.0039 0.036 0.0000 1.14 1.14 -38.10 8.41 118.70 + 30 0.150 0.0039 0.036 0.0000 1.14 1.14 -36.96 8.41 127.11 diff --git a/tests/examples/example2.out b/tests/examples/example2.out index 90eea4b70..d489b537a 100644 --- a/tests/examples/example2.out +++ b/tests/examples/example2.out @@ -4,16 +4,16 @@ Simulation Metadata ---------------------- - GEOPHIRES Version: 3.7.23 - Simulation Date: 2025-03-10 - Simulation Time: 10:41 - Calculation Time: 0.209 sec + GEOPHIRES Version: 3.8.4 + Simulation Date: 2025-03-19 + Simulation Time: 10:30 + Calculation Time: 0.211 sec ***SUMMARY OF RESULTS*** End-Use Option: Direct-Use Heat Average Direct-Use Heat Production: 21.47 MW - Direct-Use heat breakeven price (LCOH): 7.12 USD/MMBTU + Direct-Use heat breakeven price (LCOH): 6.42 USD/MMBTU Number of production wells: 2 Number of injection wells: 2 Flowrate per production well: 30.0 kg/sec @@ -28,11 +28,11 @@ Simulation Metadata Accrued financing during construction: 0.00 Project lifetime: 25 yr Capacity factor: 90.0 % - Project NPV: 4.20 MUSD - Project IRR: 6.05 % - Project VIR=PI=PIR: 1.10 - Project MOIC: 0.54 - Project Payback Period: 13.21 yr + Project NPV: 10.25 MUSD + Project IRR: 7.84 % + Project VIR=PI=PIR: 1.29 + Project MOIC: 0.70 + Project Payback Period: 11.38 yr ***ENGINEERING PARAMETERS*** @@ -93,23 +93,23 @@ Simulation Metadata ***CAPITAL COSTS (M$)*** - Drilling and completion costs: 21.95 MUSD - Drilling and completion costs per well: 5.49 MUSD + Drilling and completion costs: 17.38 MUSD + Drilling and completion costs per well: 4.35 MUSD Stimulation costs: 3.02 MUSD Surface power plant costs: 8.29 MUSD Field gathering system costs: 2.57 MUSD Total surface equipment costs: 10.85 MUSD - Exploration costs: 5.33 MUSD - Total capital costs: 41.15 MUSD + Exploration costs: 4.49 MUSD + Total capital costs: 35.74 MUSD ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** - Wellfield maintenance costs: 0.43 MUSD/yr + Wellfield maintenance costs: 0.38 MUSD/yr Power plant maintenance costs: 0.67 MUSD/yr Water costs: 0.00 MUSD/yr Average Reservoir Pumping Cost: 0.31 MUSD/yr - Total operating and maintenance costs: 1.41 MUSD/yr + Total operating and maintenance costs: 1.37 MUSD/yr ***SURFACE EQUIPMENT SIMULATION RESULTS*** @@ -194,29 +194,29 @@ Year Electricity | Heat | 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 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) ________________________________________________________________________________________________________________________________________________________________________________________ - 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 -41.15 -41.15 - 1 5.50 0.00 0.00 | 2.50 4.46 4.46 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 3.36 -37.78 - 2 5.50 0.00 0.00 | 2.50 4.51 8.97 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 3.41 -34.37 - 3 5.50 0.00 0.00 | 2.50 4.53 13.50 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 3.43 -30.94 - 4 5.50 0.00 0.00 | 2.50 4.54 18.04 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 3.45 -27.49 - 5 5.50 0.00 0.00 | 2.50 4.55 22.59 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 3.45 -24.04 - 6 5.50 0.00 0.00 | 2.50 4.56 27.15 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 3.46 -20.58 - 7 5.50 0.00 0.00 | 2.50 4.56 31.71 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 3.46 -17.11 - 8 5.50 0.00 0.00 | 2.50 4.54 36.25 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 3.44 -13.67 - 9 5.50 0.00 0.00 | 2.50 4.40 40.65 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 3.30 -10.37 - 10 5.50 0.00 0.00 | 2.50 4.36 45.01 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 3.27 -7.10 - 11 5.50 0.00 0.00 | 2.50 4.33 49.34 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 3.23 -3.87 - 12 5.50 0.00 0.00 | 2.50 4.29 53.64 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 3.20 -0.67 - 13 5.50 0.00 0.00 | 2.50 4.26 57.89 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 3.16 2.49 - 14 5.50 0.00 0.00 | 2.50 4.22 62.11 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 3.12 5.61 - 15 5.50 0.00 0.00 | 2.50 4.18 66.29 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 3.08 8.70 - 16 5.50 0.00 0.00 | 2.50 4.14 70.43 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 3.04 11.74 - 17 5.50 0.00 0.00 | 2.50 4.10 74.53 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 3.00 14.74 - 18 5.50 0.00 0.00 | 2.50 4.05 78.58 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 2.96 17.70 - 19 5.50 0.00 0.00 | 2.50 4.01 82.59 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 2.91 20.61 - 20 5.50 0.00 0.00 | 2.50 3.97 86.56 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 2.87 23.48 - 21 5.50 0.00 0.00 | 2.50 3.92 90.48 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 2.82 26.30 - 22 5.50 0.00 0.00 | 2.50 3.87 94.35 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 2.78 29.08 - 23 5.50 0.00 0.00 | 2.50 3.83 98.18 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 2.73 31.81 - 24 5.50 0.00 0.00 | 2.50 3.78 101.96 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 2.68 34.49 - 25 5.50 0.00 0.00 | 2.50 3.74 105.69 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.10 2.64 37.13 + 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 -35.74 -35.74 + 1 5.50 0.00 0.00 | 2.50 4.46 4.46 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 3.41 -32.33 + 2 5.50 0.00 0.00 | 2.50 4.51 8.97 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 3.46 -28.88 + 3 5.50 0.00 0.00 | 2.50 4.53 13.50 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 3.48 -25.40 + 4 5.50 0.00 0.00 | 2.50 4.54 18.04 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 3.49 -21.91 + 5 5.50 0.00 0.00 | 2.50 4.55 22.59 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 3.50 -18.41 + 6 5.50 0.00 0.00 | 2.50 4.56 27.15 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 3.51 -14.90 + 7 5.50 0.00 0.00 | 2.50 4.56 31.71 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 3.51 -11.39 + 8 5.50 0.00 0.00 | 2.50 4.54 36.25 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 3.49 -7.90 + 9 5.50 0.00 0.00 | 2.50 4.40 40.65 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 3.34 -4.56 + 10 5.50 0.00 0.00 | 2.50 4.36 45.01 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 3.31 -1.25 + 11 5.50 0.00 0.00 | 2.50 4.33 49.34 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 3.28 2.03 + 12 5.50 0.00 0.00 | 2.50 4.29 53.64 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 3.24 5.28 + 13 5.50 0.00 0.00 | 2.50 4.26 57.89 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 3.21 8.48 + 14 5.50 0.00 0.00 | 2.50 4.22 62.11 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 3.17 11.65 + 15 5.50 0.00 0.00 | 2.50 4.18 66.29 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 3.13 14.78 + 16 5.50 0.00 0.00 | 2.50 4.14 70.43 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 3.09 17.87 + 17 5.50 0.00 0.00 | 2.50 4.10 74.53 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 3.05 20.92 + 18 5.50 0.00 0.00 | 2.50 4.05 78.58 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 3.00 23.92 + 19 5.50 0.00 0.00 | 2.50 4.01 82.59 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 2.96 26.88 + 20 5.50 0.00 0.00 | 2.50 3.97 86.56 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 2.91 29.79 + 21 5.50 0.00 0.00 | 2.50 3.92 90.48 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 2.87 32.66 + 22 5.50 0.00 0.00 | 2.50 3.87 94.35 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 2.82 35.48 + 23 5.50 0.00 0.00 | 2.50 3.83 98.18 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 2.78 38.26 + 24 5.50 0.00 0.00 | 2.50 3.78 101.96 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 2.73 40.99 + 25 5.50 0.00 0.00 | 2.50 3.74 105.69 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 2.69 43.67 diff --git a/tests/examples/example3.out b/tests/examples/example3.out index e13b927a9..1a69db4c1 100644 --- a/tests/examples/example3.out +++ b/tests/examples/example3.out @@ -4,18 +4,18 @@ Simulation Metadata ---------------------- - GEOPHIRES Version: 3.7.23 - Simulation Date: 2025-03-10 - Simulation Time: 10:41 - Calculation Time: 0.116 sec + GEOPHIRES Version: 3.8.4 + Simulation Date: 2025-03-19 + Simulation Time: 10:30 + Calculation Time: 0.123 sec ***SUMMARY OF RESULTS*** End-Use Option: Cogeneration Topping Cycle, Heat sales considered as extra income Average Net Electricity Production: 19.50 MW Average Direct-Use Heat Production: 10.73 MW - Electricity breakeven price: 6.41 cents/kWh - Direct-Use heat breakeven price (LCOH): 2.37 USD/MMBTU + Electricity breakeven price: 6.05 cents/kWh + Direct-Use heat breakeven price (LCOH): 2.24 USD/MMBTU Number of production wells: 3 Number of injection wells: 3 Flowrate per production well: 70.0 kg/sec @@ -29,11 +29,11 @@ Simulation Metadata Accrued financing during construction: 5.00 Project lifetime: 35 yr Capacity factor: 90.0 % - Project NPV: -11.33 MUSD - Project IRR: 6.00 % - Project VIR=PI=PIR: 0.90 - Project MOIC: 0.64 - Project Payback Period: 14.84 yr + Project NPV: -2.38 MUSD + Project IRR: 6.78 % + Project VIR=PI=PIR: 0.98 + Project MOIC: 0.72 + Project Payback Period: 13.70 yr CHP: Percent cost allocation for electrical plant: 93.48 % ***ENGINEERING PARAMETERS*** @@ -90,22 +90,22 @@ Simulation Metadata ***CAPITAL COSTS (M$)*** - Drilling and completion costs: 34.45 MUSD - Drilling and completion costs per well: 5.74 MUSD + Drilling and completion costs: 27.29 MUSD + Drilling and completion costs per well: 4.55 MUSD Stimulation costs: 4.53 MUSD Surface power plant costs: 64.05 MUSD Field gathering system costs: 3.17 MUSD Total surface equipment costs: 67.22 MUSD - Exploration costs: 5.51 MUSD - Total capital costs: 111.71 MUSD + Exploration costs: 4.64 MUSD + Total capital costs: 103.68 MUSD ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** - Wellfield maintenance costs: 0.83 MUSD/yr + Wellfield maintenance costs: 0.76 MUSD/yr Power plant maintenance costs: 2.32 MUSD/yr Water costs: 0.11 MUSD/yr - Total operating and maintenance costs: 3.25 MUSD/yr + Total operating and maintenance costs: 3.18 MUSD/yr ***SURFACE EQUIPMENT SIMULATION RESULTS*** @@ -223,39 +223,39 @@ Year Electricity | Heat | 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 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) ________________________________________________________________________________________________________________________________________________________________________________________ - 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 -111.71 -111.71 - 1 5.50 9.09 9.09 | 2.50 2.30 2.30 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 8.14 -103.57 - 2 5.50 9.09 18.18 | 2.50 2.30 4.60 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 8.14 -95.44 - 3 5.50 9.09 27.27 | 2.50 2.30 6.90 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 8.14 -87.30 - 4 5.50 9.09 36.36 | 2.50 2.30 9.20 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 8.14 -79.17 - 5 5.50 9.09 45.44 | 2.50 2.30 11.50 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 8.13 -71.03 - 6 5.50 9.09 54.53 | 2.50 2.30 13.80 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 8.13 -62.90 - 7 5.50 9.08 63.61 | 2.50 2.30 16.10 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 8.13 -54.77 - 8 5.50 9.07 72.69 | 2.50 2.30 18.39 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 8.11 -46.66 - 9 5.50 9.06 81.74 | 2.50 2.29 20.68 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 8.09 -38.56 - 10 5.50 9.03 90.78 | 2.50 2.29 22.97 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 8.07 -30.50 - 11 5.50 9.00 99.78 | 2.50 2.28 25.24 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 8.03 -22.47 - 12 5.50 8.97 108.75 | 2.50 2.27 27.51 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 7.98 -14.49 - 13 5.50 8.92 117.66 | 2.50 2.25 29.77 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 7.92 -6.57 - 14 5.50 8.87 126.53 | 2.50 2.24 32.01 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 7.86 1.28 - 15 5.50 8.81 135.34 | 2.50 2.22 34.23 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 7.78 9.07 - 16 5.50 8.75 144.09 | 2.50 2.21 36.44 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 7.70 16.77 - 17 5.50 8.68 152.77 | 2.50 2.19 38.63 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 7.62 24.38 - 18 5.50 8.61 161.38 | 2.50 2.17 40.80 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 7.53 31.91 - 19 5.50 8.54 169.92 | 2.50 2.15 42.94 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 7.43 39.34 - 20 5.50 8.46 178.38 | 2.50 2.13 45.07 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 7.33 46.67 - 21 5.50 8.38 186.76 | 2.50 2.10 47.17 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 7.23 53.91 - 22 5.50 8.30 195.07 | 2.50 2.08 49.25 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 7.13 61.04 - 23 5.50 8.22 203.29 | 2.50 2.05 51.30 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 7.03 68.06 - 24 5.50 8.14 211.44 | 2.50 2.03 53.33 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 6.92 74.99 - 25 5.50 8.06 219.50 | 2.50 2.01 55.34 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 6.82 81.80 - 26 5.50 7.98 227.49 | 2.50 1.98 57.32 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 6.71 88.51 - 27 5.50 7.90 235.39 | 2.50 1.95 59.27 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 6.60 95.11 - 28 5.50 7.82 243.21 | 2.50 1.93 61.20 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 6.50 101.61 - 29 5.50 7.74 250.95 | 2.50 1.90 63.10 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 6.39 108.00 - 30 5.50 7.66 258.62 | 2.50 1.88 64.98 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 6.29 114.29 - 31 5.50 7.59 266.20 | 2.50 1.85 66.83 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 6.18 120.47 - 32 5.50 7.51 273.71 | 2.50 1.82 68.65 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 6.08 126.55 - 33 5.50 7.43 281.15 | 2.50 1.80 70.45 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 5.98 132.53 - 34 5.50 7.36 288.51 | 2.50 1.77 72.22 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 5.88 138.40 - 35 5.50 7.29 295.79 | 2.50 1.75 73.96 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.25 5.78 144.18 + 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 -103.68 -103.68 + 1 5.50 9.09 9.09 | 2.50 2.30 2.30 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 8.21 -95.47 + 2 5.50 9.09 18.18 | 2.50 2.30 4.60 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 8.21 -87.26 + 3 5.50 9.09 27.27 | 2.50 2.30 6.90 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 8.21 -79.06 + 4 5.50 9.09 36.36 | 2.50 2.30 9.20 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 8.21 -70.85 + 5 5.50 9.09 45.44 | 2.50 2.30 11.50 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 8.21 -62.64 + 6 5.50 9.09 54.53 | 2.50 2.30 13.80 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 8.20 -54.44 + 7 5.50 9.08 63.61 | 2.50 2.30 16.10 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 8.20 -46.24 + 8 5.50 9.07 72.69 | 2.50 2.30 18.39 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 8.19 -38.05 + 9 5.50 9.06 81.74 | 2.50 2.29 20.68 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 8.17 -29.89 + 10 5.50 9.03 90.78 | 2.50 2.29 22.97 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 8.14 -21.75 + 11 5.50 9.00 99.78 | 2.50 2.28 25.24 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 8.10 -13.65 + 12 5.50 8.97 108.75 | 2.50 2.27 27.51 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 8.05 -5.60 + 13 5.50 8.92 117.66 | 2.50 2.25 29.77 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 7.99 2.39 + 14 5.50 8.87 126.53 | 2.50 2.24 32.01 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 7.93 10.32 + 15 5.50 8.81 135.34 | 2.50 2.22 34.23 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 7.85 18.17 + 16 5.50 8.75 144.09 | 2.50 2.21 36.44 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 7.77 25.94 + 17 5.50 8.68 152.77 | 2.50 2.19 38.63 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 7.69 33.63 + 18 5.50 8.61 161.38 | 2.50 2.17 40.80 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 7.60 41.23 + 19 5.50 8.54 169.92 | 2.50 2.15 42.94 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 7.50 48.73 + 20 5.50 8.46 178.38 | 2.50 2.13 45.07 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 7.40 56.14 + 21 5.50 8.38 186.76 | 2.50 2.10 47.17 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 7.30 63.44 + 22 5.50 8.30 195.07 | 2.50 2.08 49.25 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 7.20 70.64 + 23 5.50 8.22 203.29 | 2.50 2.05 51.30 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 7.10 77.74 + 24 5.50 8.14 211.44 | 2.50 2.03 53.33 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 6.99 84.73 + 25 5.50 8.06 219.50 | 2.50 2.01 55.34 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 6.89 91.62 + 26 5.50 7.98 227.49 | 2.50 1.98 57.32 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 6.78 98.40 + 27 5.50 7.90 235.39 | 2.50 1.95 59.27 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 6.67 105.08 + 28 5.50 7.82 243.21 | 2.50 1.93 61.20 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 6.57 111.65 + 29 5.50 7.74 250.95 | 2.50 1.90 63.10 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 6.46 118.11 + 30 5.50 7.66 258.62 | 2.50 1.88 64.98 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 6.36 124.47 + 31 5.50 7.59 266.20 | 2.50 1.85 66.83 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 6.25 130.72 + 32 5.50 7.51 273.71 | 2.50 1.82 68.65 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 6.15 136.87 + 33 5.50 7.43 281.15 | 2.50 1.80 70.45 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 6.05 142.92 + 34 5.50 7.36 288.51 | 2.50 1.77 72.22 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 5.95 148.87 + 35 5.50 7.29 295.79 | 2.50 1.75 73.96 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.18 5.85 154.72 diff --git a/tests/examples/example4.out b/tests/examples/example4.out index b668cf7e6..fc5a8f554 100644 --- a/tests/examples/example4.out +++ b/tests/examples/example4.out @@ -4,16 +4,16 @@ Simulation Metadata ---------------------- - GEOPHIRES Version: 3.7.23 - Simulation Date: 2025-03-10 - Simulation Time: 10:41 - Calculation Time: 0.047 sec + GEOPHIRES Version: 3.8.4 + Simulation Date: 2025-03-19 + Simulation Time: 10:30 + Calculation Time: 0.048 sec ***SUMMARY OF RESULTS*** End-Use Option: Electricity Average Net Electricity Production: 7.00 MW - Electricity breakeven price: 11.23 cents/kWh + Electricity breakeven price: 10.61 cents/kWh Number of production wells: 3 Number of injection wells: 2 Flowrate per production well: 110.0 kg/sec @@ -27,10 +27,10 @@ Simulation Metadata Accrued financing during construction: 0.00 Project lifetime: 30 yr Capacity factor: 90.0 % - Project NPV: -38.10 MUSD - Project IRR: -2.75 % - Project VIR=PI=PIR: 0.31 - Project MOIC: -0.17 + Project NPV: -33.83 MUSD + Project IRR: -2.11 % + Project VIR=PI=PIR: 0.34 + Project MOIC: -0.13 Project Payback Period: N/A Estimated Jobs Created: 18 @@ -91,22 +91,22 @@ Simulation Metadata ***CAPITAL COSTS (M$)*** - Drilling and completion costs: 16.43 MUSD - Drilling and completion costs per well: 3.29 MUSD + Drilling and completion costs: 13.06 MUSD + Drilling and completion costs per well: 2.61 MUSD Stimulation costs: 0.00 MUSD Surface power plant costs: 31.58 MUSD Field gathering system costs: 3.69 MUSD Total surface equipment costs: 35.26 MUSD - Exploration costs: 3.71 MUSD - Total capital costs: 55.40 MUSD + Exploration costs: 3.21 MUSD + Total capital costs: 51.54 MUSD ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** - Wellfield maintenance costs: 0.48 MUSD/yr + Wellfield maintenance costs: 0.45 MUSD/yr Power plant maintenance costs: 1.31 MUSD/yr Water costs: 0.00 MUSD/yr - Total operating and maintenance costs: 1.80 MUSD/yr + Total operating and maintenance costs: 1.76 MUSD/yr ***SURFACE EQUIPMENT SIMULATION RESULTS*** @@ -209,34 +209,34 @@ Year Electricity | Heat | 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 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) ________________________________________________________________________________________________________________________________________________________________________________________ - 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 -55.40 -55.40 - 1 5.50 3.53 3.53 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.73 -53.67 - 2 5.50 3.49 7.02 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.70 -51.97 - 3 5.50 3.46 10.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.66 -50.31 - 4 5.50 3.42 13.90 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.62 -48.68 - 5 5.50 3.39 17.29 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.59 -47.09 - 6 5.50 3.35 20.64 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.55 -45.54 - 7 5.50 3.31 23.95 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.52 -44.02 - 8 5.50 3.28 27.23 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.48 -42.54 - 9 5.50 3.24 30.47 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.45 -41.09 - 10 5.50 3.21 33.68 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.41 -39.68 - 11 5.50 3.18 36.86 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.38 -38.30 - 12 5.50 3.14 40.00 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.34 -36.95 - 13 5.50 3.11 43.11 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.31 -35.64 - 14 5.50 3.07 46.18 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.28 -34.37 - 15 5.50 3.04 49.22 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.24 -33.12 - 16 5.50 3.01 52.22 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.21 -31.91 - 17 5.50 2.97 55.20 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.18 -30.74 - 18 5.50 2.94 58.14 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.14 -29.59 - 19 5.50 2.91 61.04 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.11 -28.48 - 20 5.50 2.87 63.91 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.08 -27.41 - 21 5.50 2.84 66.75 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.04 -26.36 - 22 5.50 2.81 69.56 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.01 -25.35 - 23 5.50 2.78 72.34 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 0.98 -24.37 - 24 5.50 2.74 75.08 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 0.95 -23.42 - 25 5.50 2.71 77.79 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 0.92 -22.51 - 26 5.50 2.68 80.47 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 0.88 -21.63 - 27 5.50 2.65 83.12 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 0.85 -20.77 - 28 5.50 2.62 85.74 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 0.82 -19.95 - 29 5.50 2.59 88.33 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 0.79 -19.16 - 30 5.50 2.56 90.88 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 0.76 -18.40 + 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 -51.54 -51.54 + 1 5.50 3.53 3.53 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.77 -49.77 + 2 5.50 3.49 7.02 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.73 -48.04 + 3 5.50 3.46 10.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.69 -46.35 + 4 5.50 3.42 13.90 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.66 -44.69 + 5 5.50 3.39 17.29 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.62 -43.06 + 6 5.50 3.35 20.64 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.59 -41.48 + 7 5.50 3.31 23.95 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.55 -39.92 + 8 5.50 3.28 27.23 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.52 -38.41 + 9 5.50 3.24 30.47 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.48 -36.93 + 10 5.50 3.21 33.68 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.45 -35.48 + 11 5.50 3.18 36.86 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.41 -34.07 + 12 5.50 3.14 40.00 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.38 -32.69 + 13 5.50 3.11 43.11 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.34 -31.34 + 14 5.50 3.07 46.18 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.31 -30.03 + 15 5.50 3.04 49.22 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.28 -28.76 + 16 5.50 3.01 52.22 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.24 -27.51 + 17 5.50 2.97 55.20 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.21 -26.30 + 18 5.50 2.94 58.14 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.18 -25.13 + 19 5.50 2.91 61.04 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.14 -23.98 + 20 5.50 2.87 63.91 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.11 -22.87 + 21 5.50 2.84 66.75 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.08 -21.79 + 22 5.50 2.81 69.56 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.05 -20.75 + 23 5.50 2.78 72.34 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 1.01 -19.74 + 24 5.50 2.74 75.08 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 0.98 -18.75 + 25 5.50 2.71 77.79 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 0.95 -17.81 + 26 5.50 2.68 80.47 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 0.92 -16.89 + 27 5.50 2.65 83.12 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 0.89 -16.00 + 28 5.50 2.62 85.74 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 0.85 -15.15 + 29 5.50 2.59 88.33 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 0.82 -14.32 + 30 5.50 2.56 90.88 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.76 0.80 -13.53 diff --git a/tests/examples/example5.out b/tests/examples/example5.out index 5f488d588..c6af9f364 100644 --- a/tests/examples/example5.out +++ b/tests/examples/example5.out @@ -4,16 +4,16 @@ Simulation Metadata ---------------------- - GEOPHIRES Version: 3.7.23 - Simulation Date: 2025-03-10 - Simulation Time: 10:41 - Calculation Time: 0.047 sec + GEOPHIRES Version: 3.8.4 + Simulation Date: 2025-03-19 + Simulation Time: 10:30 + Calculation Time: 0.052 sec ***SUMMARY OF RESULTS*** End-Use Option: Direct-Use Heat Average Direct-Use Heat Production: 19.69 MW - Direct-Use heat breakeven price (LCOH): 8.84 USD/MMBTU + Direct-Use heat breakeven price (LCOH): 7.95 USD/MMBTU Number of production wells: 2 Number of injection wells: 2 Flowrate per production well: 50.0 kg/sec @@ -27,11 +27,11 @@ Simulation Metadata Accrued financing during construction: 0.00 Project lifetime: 30 yr Capacity factor: 90.0 % - Project NPV: -3.88 MUSD - Project IRR: 5.90 % - Project VIR=PI=PIR: 0.91 - Project MOIC: 0.50 - Project Payback Period: 13.32 yr + Project NPV: 2.09 MUSD + Project IRR: 7.66 % + Project VIR=PI=PIR: 1.06 + Project MOIC: 0.64 + Project Payback Period: 11.32 yr ***ENGINEERING PARAMETERS*** @@ -89,23 +89,23 @@ Simulation Metadata ***CAPITAL COSTS (M$)*** - Drilling and completion costs: 21.95 MUSD - Drilling and completion costs per well: 5.49 MUSD + Drilling and completion costs: 17.38 MUSD + Drilling and completion costs per well: 4.35 MUSD Stimulation costs: 3.02 MUSD Surface power plant costs: 8.85 MUSD Field gathering system costs: 2.46 MUSD Total surface equipment costs: 11.30 MUSD - Exploration costs: 5.33 MUSD - Total capital costs: 41.59 MUSD + Exploration costs: 4.49 MUSD + Total capital costs: 36.19 MUSD ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** - Wellfield maintenance costs: 0.44 MUSD/yr + Wellfield maintenance costs: 0.39 MUSD/yr Power plant maintenance costs: 0.71 MUSD/yr Water costs: 0.05 MUSD/yr Average Reservoir Pumping Cost: 0.31 MUSD/yr - Total operating and maintenance costs: 1.51 MUSD/yr + Total operating and maintenance costs: 1.46 MUSD/yr ***SURFACE EQUIPMENT SIMULATION RESULTS*** @@ -200,34 +200,34 @@ Year Electricity | Heat | 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 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) ________________________________________________________________________________________________________________________________________________________________________________________ - 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 -41.59 -41.59 - 1 5.50 0.00 0.00 | 2.50 4.82 4.82 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 3.62 -37.97 - 2 5.50 0.00 0.00 | 2.50 4.86 9.68 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 3.66 -34.31 - 3 5.50 0.00 0.00 | 2.50 4.87 14.55 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 3.67 -30.64 - 4 5.50 0.00 0.00 | 2.50 4.84 19.40 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 3.65 -26.99 - 5 5.50 0.00 0.00 | 2.50 4.79 24.18 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 3.59 -23.40 - 6 5.50 0.00 0.00 | 2.50 4.71 28.89 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 3.51 -19.89 - 7 5.50 0.00 0.00 | 2.50 4.62 33.51 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 3.42 -16.47 - 8 5.50 0.00 0.00 | 2.50 4.52 38.02 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 3.32 -13.16 - 9 5.50 0.00 0.00 | 2.50 4.41 42.44 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 3.21 -9.94 - 10 5.50 0.00 0.00 | 2.50 4.31 46.75 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 3.11 -6.83 - 11 5.50 0.00 0.00 | 2.50 4.21 50.96 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 3.01 -3.82 - 12 5.50 0.00 0.00 | 2.50 4.11 55.07 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 2.91 -0.91 - 13 5.50 0.00 0.00 | 2.50 4.02 59.09 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 2.82 1.91 - 14 5.50 0.00 0.00 | 2.50 3.93 63.01 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 2.73 4.64 - 15 5.50 0.00 0.00 | 2.50 3.84 66.85 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 2.64 7.28 - 16 5.50 0.00 0.00 | 2.50 3.76 70.61 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 2.56 9.84 - 17 5.50 0.00 0.00 | 2.50 3.68 74.28 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 2.48 12.31 - 18 5.50 0.00 0.00 | 2.50 3.60 77.88 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 2.40 14.71 - 19 5.50 0.00 0.00 | 2.50 3.53 81.41 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 2.33 17.04 - 20 5.50 0.00 0.00 | 2.50 3.46 84.87 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 2.26 19.30 - 21 5.50 0.00 0.00 | 2.50 3.39 88.26 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 2.19 21.49 - 22 5.50 0.00 0.00 | 2.50 3.33 91.58 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 2.13 23.62 - 23 5.50 0.00 0.00 | 2.50 3.27 94.85 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 2.07 25.69 - 24 5.50 0.00 0.00 | 2.50 3.21 98.06 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 2.01 27.70 - 25 5.50 0.00 0.00 | 2.50 3.15 101.21 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 1.95 29.65 - 26 5.50 0.00 0.00 | 2.50 3.10 104.30 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 1.90 31.54 - 27 5.50 0.00 0.00 | 2.50 3.04 107.35 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 1.85 33.39 - 28 5.50 0.00 0.00 | 2.50 2.99 110.34 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 1.80 35.19 - 29 5.50 0.00 0.00 | 2.50 2.95 113.29 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 1.75 36.93 - 30 5.50 0.00 0.00 | 2.50 2.91 116.19 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.20 1.71 38.64 + 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 -36.19 -36.19 + 1 5.50 0.00 0.00 | 2.50 4.82 4.82 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 3.66 -32.53 + 2 5.50 0.00 0.00 | 2.50 4.86 9.68 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 3.71 -28.82 + 3 5.50 0.00 0.00 | 2.50 4.87 14.55 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 3.72 -25.10 + 4 5.50 0.00 0.00 | 2.50 4.84 19.40 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 3.69 -21.41 + 5 5.50 0.00 0.00 | 2.50 4.79 24.18 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 3.64 -17.77 + 6 5.50 0.00 0.00 | 2.50 4.71 28.89 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 3.56 -14.22 + 7 5.50 0.00 0.00 | 2.50 4.62 33.51 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 3.46 -10.75 + 8 5.50 0.00 0.00 | 2.50 4.52 38.02 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 3.36 -7.39 + 9 5.50 0.00 0.00 | 2.50 4.41 42.44 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 3.26 -4.13 + 10 5.50 0.00 0.00 | 2.50 4.31 46.75 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 3.16 -0.97 + 11 5.50 0.00 0.00 | 2.50 4.21 50.96 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 3.06 2.08 + 12 5.50 0.00 0.00 | 2.50 4.11 55.07 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 2.96 5.04 + 13 5.50 0.00 0.00 | 2.50 4.02 59.09 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 2.86 7.91 + 14 5.50 0.00 0.00 | 2.50 3.93 63.01 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 2.77 10.68 + 15 5.50 0.00 0.00 | 2.50 3.84 66.85 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 2.69 13.37 + 16 5.50 0.00 0.00 | 2.50 3.76 70.61 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 2.60 15.97 + 17 5.50 0.00 0.00 | 2.50 3.68 74.28 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 2.52 18.49 + 18 5.50 0.00 0.00 | 2.50 3.60 77.88 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 2.45 20.94 + 19 5.50 0.00 0.00 | 2.50 3.53 81.41 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 2.37 23.31 + 20 5.50 0.00 0.00 | 2.50 3.46 84.87 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 2.30 25.62 + 21 5.50 0.00 0.00 | 2.50 3.39 88.26 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 2.24 27.85 + 22 5.50 0.00 0.00 | 2.50 3.33 91.58 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 2.17 30.03 + 23 5.50 0.00 0.00 | 2.50 3.27 94.85 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 2.11 32.14 + 24 5.50 0.00 0.00 | 2.50 3.21 98.06 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 2.05 34.19 + 25 5.50 0.00 0.00 | 2.50 3.15 101.21 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 2.00 36.19 + 26 5.50 0.00 0.00 | 2.50 3.10 104.30 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 1.94 38.13 + 27 5.50 0.00 0.00 | 2.50 3.04 107.35 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 1.89 40.02 + 28 5.50 0.00 0.00 | 2.50 2.99 110.34 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 1.84 41.87 + 29 5.50 0.00 0.00 | 2.50 2.95 113.29 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 1.79 43.66 + 30 5.50 0.00 0.00 | 2.50 2.91 116.19 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.15 1.75 45.41 diff --git a/tests/examples/example8.out b/tests/examples/example8.out index 4d1ffee67..124f64717 100644 --- a/tests/examples/example8.out +++ b/tests/examples/example8.out @@ -4,16 +4,16 @@ Simulation Metadata ---------------------- - GEOPHIRES Version: 3.7.23 - Simulation Date: 2025-03-10 - Simulation Time: 10:42 - Calculation Time: 0.818 sec + GEOPHIRES Version: 3.8.4 + Simulation Date: 2025-03-19 + Simulation Time: 10:30 + Calculation Time: 0.791 sec ***SUMMARY OF RESULTS*** End-Use Option: Direct-Use Heat Average Direct-Use Heat Production: 9.60 MW - Direct-Use heat breakeven price (LCOH): 8.96 USD/MMBTU + Direct-Use heat breakeven price (LCOH): 8.01 USD/MMBTU Number of production wells: 1 Number of injection wells: 1 Flowrate per production well: 40.0 kg/sec @@ -28,11 +28,11 @@ Simulation Metadata Accrued financing during construction: 0.00 Project lifetime: 30 yr Capacity factor: 60.0 % - Project NPV: -10.73 MUSD - Project IRR: 1.06 % - Project VIR=PI=PIR: 0.49 - Project MOIC: 0.10 - Project Payback Period: 26.31 yr + Project NPV: -7.63 MUSD + Project IRR: 2.30 % + Project VIR=PI=PIR: 0.58 + Project MOIC: 0.23 + Project Payback Period: 22.18 yr ***ENGINEERING PARAMETERS*** @@ -92,24 +92,24 @@ Simulation Metadata ***CAPITAL COSTS (M$)*** - Drilling and completion costs: 9.99 MUSD - Drilling and completion costs per well: 5.00 MUSD + Drilling and completion costs: 7.91 MUSD + Drilling and completion costs per well: 3.96 MUSD Stimulation costs: 1.51 MUSD Surface power plant costs: 3.52 MUSD Field gathering system costs: 1.14 MUSD Total surface equipment costs: 4.66 MUSD - Exploration costs: 4.96 MUSD - Total capital costs: 21.13 MUSD - Annualized capital costs: 1.06 MUSD + Exploration costs: 4.20 MUSD + Total capital costs: 18.28 MUSD + Annualized capital costs: 0.91 MUSD ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** - Wellfield maintenance costs: 0.18 MUSD/yr + Wellfield maintenance costs: 0.16 MUSD/yr Power plant maintenance costs: 0.25 MUSD/yr Water costs: 0.01 MUSD/yr Average Reservoir Pumping Cost: 0.05 MUSD/yr - Total operating and maintenance costs: 0.49 MUSD/yr + Total operating and maintenance costs: 0.47 MUSD/yr ***SURFACE EQUIPMENT SIMULATION RESULTS*** @@ -204,34 +204,34 @@ Year Electricity | Heat | 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 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) ________________________________________________________________________________________________________________________________________________________________________________________ - 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 -21.13 -21.13 - 1 5.50 0.00 0.00 | 2.50 1.28 1.28 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.84 -20.29 - 2 5.50 0.00 0.00 | 2.50 1.29 2.56 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.85 -19.44 - 3 5.50 0.00 0.00 | 2.50 1.29 3.85 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.85 -18.59 - 4 5.50 0.00 0.00 | 2.50 1.29 5.14 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.85 -17.74 - 5 5.50 0.00 0.00 | 2.50 1.29 6.43 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.85 -16.88 - 6 5.50 0.00 0.00 | 2.50 1.29 7.73 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.85 -16.03 - 7 5.50 0.00 0.00 | 2.50 1.29 9.02 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.85 -15.18 - 8 5.50 0.00 0.00 | 2.50 1.29 10.31 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.85 -14.32 - 9 5.50 0.00 0.00 | 2.50 1.29 11.60 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.85 -13.47 - 10 5.50 0.00 0.00 | 2.50 1.29 12.90 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.85 -12.61 - 11 5.50 0.00 0.00 | 2.50 1.29 14.19 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.85 -11.76 - 12 5.50 0.00 0.00 | 2.50 1.29 15.47 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.85 -10.91 - 13 5.50 0.00 0.00 | 2.50 1.29 16.76 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.85 -10.06 - 14 5.50 0.00 0.00 | 2.50 1.28 18.04 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.84 -9.22 - 15 5.50 0.00 0.00 | 2.50 1.28 19.32 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.84 -8.38 - 16 5.50 0.00 0.00 | 2.50 1.27 20.59 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.84 -7.54 - 17 5.50 0.00 0.00 | 2.50 1.27 21.86 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.83 -6.71 - 18 5.50 0.00 0.00 | 2.50 1.27 23.13 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.83 -5.88 - 19 5.50 0.00 0.00 | 2.50 1.26 24.39 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.82 -5.06 - 20 5.50 0.00 0.00 | 2.50 1.25 25.64 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.82 -4.24 - 21 5.50 0.00 0.00 | 2.50 1.25 26.89 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.81 -3.43 - 22 5.50 0.00 0.00 | 2.50 1.24 28.14 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.81 -2.62 - 23 5.50 0.00 0.00 | 2.50 1.24 29.37 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.80 -1.82 - 24 5.50 0.00 0.00 | 2.50 1.23 30.60 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.79 -1.03 - 25 5.50 0.00 0.00 | 2.50 1.22 31.83 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.79 -0.25 - 26 5.50 0.00 0.00 | 2.50 1.22 33.05 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.78 0.53 - 27 5.50 0.00 0.00 | 2.50 1.21 34.26 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.77 1.31 - 28 5.50 0.00 0.00 | 2.50 1.20 35.46 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.77 2.07 - 29 5.50 0.00 0.00 | 2.50 1.20 36.66 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.76 2.83 - 30 5.50 0.00 0.00 | 2.50 1.19 37.85 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.75 3.58 + 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 -18.28 -18.28 + 1 5.50 0.00 0.00 | 2.50 1.28 1.28 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.86 -17.42 + 2 5.50 0.00 0.00 | 2.50 1.29 2.56 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.87 -16.56 + 3 5.50 0.00 0.00 | 2.50 1.29 3.85 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.87 -15.68 + 4 5.50 0.00 0.00 | 2.50 1.29 5.14 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.87 -14.81 + 5 5.50 0.00 0.00 | 2.50 1.29 6.43 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.87 -13.94 + 6 5.50 0.00 0.00 | 2.50 1.29 7.73 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.88 -13.06 + 7 5.50 0.00 0.00 | 2.50 1.29 9.02 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.88 -12.19 + 8 5.50 0.00 0.00 | 2.50 1.29 10.31 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.88 -11.31 + 9 5.50 0.00 0.00 | 2.50 1.29 11.60 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.88 -10.43 + 10 5.50 0.00 0.00 | 2.50 1.29 12.90 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.87 -9.56 + 11 5.50 0.00 0.00 | 2.50 1.29 14.19 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.87 -8.69 + 12 5.50 0.00 0.00 | 2.50 1.29 15.47 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.87 -7.82 + 13 5.50 0.00 0.00 | 2.50 1.29 16.76 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.87 -6.95 + 14 5.50 0.00 0.00 | 2.50 1.28 18.04 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.87 -6.08 + 15 5.50 0.00 0.00 | 2.50 1.28 19.32 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.86 -5.22 + 16 5.50 0.00 0.00 | 2.50 1.27 20.59 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.86 -4.36 + 17 5.50 0.00 0.00 | 2.50 1.27 21.86 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.85 -3.51 + 18 5.50 0.00 0.00 | 2.50 1.27 23.13 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.85 -2.66 + 19 5.50 0.00 0.00 | 2.50 1.26 24.39 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.84 -1.82 + 20 5.50 0.00 0.00 | 2.50 1.25 25.64 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.84 -0.98 + 21 5.50 0.00 0.00 | 2.50 1.25 26.89 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.83 -0.15 + 22 5.50 0.00 0.00 | 2.50 1.24 28.14 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.83 0.68 + 23 5.50 0.00 0.00 | 2.50 1.24 29.37 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.82 1.50 + 24 5.50 0.00 0.00 | 2.50 1.23 30.60 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.81 2.31 + 25 5.50 0.00 0.00 | 2.50 1.22 31.83 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.81 3.12 + 26 5.50 0.00 0.00 | 2.50 1.22 33.05 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.80 3.92 + 27 5.50 0.00 0.00 | 2.50 1.21 34.26 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.79 4.71 + 28 5.50 0.00 0.00 | 2.50 1.20 35.46 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.79 5.50 + 29 5.50 0.00 0.00 | 2.50 1.20 36.66 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.78 6.28 + 30 5.50 0.00 0.00 | 2.50 1.19 37.85 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.42 0.77 7.05 diff --git a/tests/examples/example9.out b/tests/examples/example9.out index e17b87c33..7e6cb283d 100644 --- a/tests/examples/example9.out +++ b/tests/examples/example9.out @@ -4,16 +4,16 @@ Simulation Metadata ---------------------- - GEOPHIRES Version: 3.7.23 - Simulation Date: 2025-03-10 - Simulation Time: 10:42 - Calculation Time: 0.795 sec + GEOPHIRES Version: 3.8.4 + Simulation Date: 2025-03-19 + Simulation Time: 10:30 + Calculation Time: 0.792 sec ***SUMMARY OF RESULTS*** End-Use Option: Electricity Average Net Electricity Production: 0.47 MW - Electricity breakeven price: 50.22 cents/kWh + Electricity breakeven price: 43.51 cents/kWh Number of production wells: 1 Number of injection wells: 1 Flowrate per production well: 40.0 kg/sec @@ -28,10 +28,10 @@ Simulation Metadata Accrued financing during construction: 0.00 Project lifetime: 30 yr Capacity factor: 90.0 % - Project NPV: -30.84 MUSD + Project NPV: -26.12 MUSD Project IRR: 0.00 % - Project VIR=PI=PIR: -0.12 - Project MOIC: -0.85 + Project VIR=PI=PIR: -0.13 + Project MOIC: -0.83 Project Payback Period: N/A Estimated Jobs Created: 1 @@ -94,23 +94,23 @@ Simulation Metadata ***CAPITAL COSTS (M$)*** - Drilling and completion costs: 15.41 MUSD - Drilling and completion costs per well: 7.70 MUSD + Drilling and completion costs: 12.25 MUSD + Drilling and completion costs per well: 6.12 MUSD Stimulation costs: 1.51 MUSD Surface power plant costs: 2.43 MUSD Field gathering system costs: 1.13 MUSD Total surface equipment costs: 3.56 MUSD - Exploration costs: 6.96 MUSD - Total capital costs: 27.43 MUSD - Annualized capital costs: 1.37 MUSD + Exploration costs: 5.79 MUSD + Total capital costs: 23.11 MUSD + Annualized capital costs: 1.16 MUSD ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** - Wellfield maintenance costs: 0.23 MUSD/yr + Wellfield maintenance costs: 0.20 MUSD/yr Power plant maintenance costs: 0.23 MUSD/yr Water costs: 0.02 MUSD/yr - Total operating and maintenance costs: 0.48 MUSD/yr + Total operating and maintenance costs: 0.45 MUSD/yr ***SURFACE EQUIPMENT SIMULATION RESULTS*** @@ -213,34 +213,34 @@ Year Electricity | Heat | 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 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) ________________________________________________________________________________________________________________________________________________________________________________________ - 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 -27.43 -27.43 - 1 5.50 0.21 0.21 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.28 -27.71 - 2 5.50 0.21 0.42 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -27.98 - 3 5.50 0.21 0.63 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -28.25 - 4 5.50 0.21 0.84 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -28.52 - 5 5.50 0.21 1.05 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -28.79 - 6 5.50 0.21 1.27 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -29.06 - 7 5.50 0.21 1.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -29.33 - 8 5.50 0.21 1.70 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -29.59 - 9 5.50 0.21 1.91 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -29.86 - 10 5.50 0.21 2.12 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -30.13 - 11 5.50 0.21 2.34 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -30.40 - 12 5.50 0.21 2.55 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -30.67 - 13 5.50 0.21 2.76 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -30.94 - 14 5.50 0.21 2.97 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -31.21 - 15 5.50 0.21 3.18 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -31.48 - 16 5.50 0.21 3.39 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -31.76 - 17 5.50 0.21 3.60 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.28 -32.03 - 18 5.50 0.20 3.80 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.28 -32.31 - 19 5.50 0.20 4.01 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.28 -32.59 - 20 5.50 0.20 4.21 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.28 -32.87 - 21 5.50 0.20 4.41 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.28 -33.15 - 22 5.50 0.20 4.60 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.29 -33.44 - 23 5.50 0.19 4.80 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.29 -33.73 - 24 5.50 0.19 4.99 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.29 -34.02 - 25 5.50 0.19 5.18 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.29 -34.31 - 26 5.50 0.19 5.37 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.30 -34.61 - 27 5.50 0.18 5.55 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.30 -34.90 - 28 5.50 0.18 5.73 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.30 -35.20 - 29 5.50 0.18 5.91 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.30 -35.51 - 30 5.50 0.18 6.09 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.30 -35.81 + 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 -23.11 -23.11 + 1 5.50 0.21 0.21 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.25 -23.35 + 2 5.50 0.21 0.42 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.24 -23.59 + 3 5.50 0.21 0.63 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.24 -23.83 + 4 5.50 0.21 0.84 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.24 -24.07 + 5 5.50 0.21 1.05 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.24 -24.31 + 6 5.50 0.21 1.27 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.24 -24.54 + 7 5.50 0.21 1.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.24 -24.78 + 8 5.50 0.21 1.70 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.24 -25.02 + 9 5.50 0.21 1.91 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.24 -25.25 + 10 5.50 0.21 2.12 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.24 -25.49 + 11 5.50 0.21 2.34 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.24 -25.73 + 12 5.50 0.21 2.55 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.24 -25.96 + 13 5.50 0.21 2.76 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.24 -26.20 + 14 5.50 0.21 2.97 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.24 -26.44 + 15 5.50 0.21 3.18 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.24 -26.68 + 16 5.50 0.21 3.39 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.24 -26.93 + 17 5.50 0.21 3.60 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.24 -27.17 + 18 5.50 0.20 3.80 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.25 -27.42 + 19 5.50 0.20 4.01 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.25 -27.66 + 20 5.50 0.20 4.21 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.25 -27.91 + 21 5.50 0.20 4.41 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.25 -28.17 + 22 5.50 0.20 4.60 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.25 -28.42 + 23 5.50 0.19 4.80 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.26 -28.68 + 24 5.50 0.19 4.99 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.26 -28.94 + 25 5.50 0.19 5.18 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.26 -29.20 + 26 5.50 0.19 5.37 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.26 -29.46 + 27 5.50 0.18 5.55 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.27 -29.73 + 28 5.50 0.18 5.73 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.27 -29.99 + 29 5.50 0.18 5.91 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.27 -30.27 + 30 5.50 0.18 6.09 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.45 -0.27 -30.54 diff --git a/tests/examples/example_ITC.out b/tests/examples/example_ITC.out index ac816f437..7c2e338e9 100644 --- a/tests/examples/example_ITC.out +++ b/tests/examples/example_ITC.out @@ -4,16 +4,16 @@ Simulation Metadata ---------------------- - GEOPHIRES Version: 3.7.23 - Simulation Date: 2025-03-10 - Simulation Time: 10:42 - Calculation Time: 0.780 sec + GEOPHIRES Version: 3.8.4 + Simulation Date: 2025-03-19 + Simulation Time: 10:30 + Calculation Time: 0.808 sec ***SUMMARY OF RESULTS*** End-Use Option: Electricity Average Net Electricity Production: 18.84 MW - Electricity breakeven price: 3.40 cents/kWh + Electricity breakeven price: 3.21 cents/kWh Number of production wells: 2 Number of injection wells: 2 Flowrate per production well: 55.0 kg/sec @@ -27,11 +27,11 @@ Simulation Metadata Accrued financing during construction: 0.00 Project lifetime: 30 yr Capacity factor: 90.0 % - Project NPV: 3.58 MUSD - Project IRR: 7.59 % - Project VIR=PI=PIR: 1.06 - Project MOIC: 0.62 - Project Payback Period: 12.74 yr + Project NPV: 10.31 MUSD + Project IRR: 8.82 % + Project VIR=PI=PIR: 1.19 + Project MOIC: 0.72 + Project Payback Period: 11.46 yr Estimated Jobs Created: 41 ***ENGINEERING PARAMETERS*** @@ -91,23 +91,23 @@ Simulation Metadata ***CAPITAL COSTS (M$)*** - Drilling and completion costs: 47.16 MUSD - Drilling and completion costs per well: 11.79 MUSD + Drilling and completion costs: 37.76 MUSD + Drilling and completion costs per well: 9.44 MUSD Stimulation costs: 0.00 MUSD Surface power plant costs: 59.87 MUSD Field gathering system costs: 2.52 MUSD Total surface equipment costs: 62.40 MUSD - Exploration costs: 9.97 MUSD - Investment Tax Credit: -59.76 MUSD - Total capital costs: 59.76 MUSD + Exploration costs: 8.24 MUSD + Investment Tax Credit: -54.20 MUSD + Total capital costs: 54.20 MUSD ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** - Wellfield maintenance costs: 0.89 MUSD/yr + Wellfield maintenance costs: 0.80 MUSD/yr Power plant maintenance costs: 2.09 MUSD/yr Water costs: 0.06 MUSD/yr - Total operating and maintenance costs: 3.04 MUSD/yr + Total operating and maintenance costs: 2.95 MUSD/yr ***SURFACE EQUIPMENT SIMULATION RESULTS*** @@ -210,34 +210,34 @@ Year Electricity | Heat | 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 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) ________________________________________________________________________________________________________________________________________________________________________________________ - 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 -59.76 -59.76 - 1 5.50 8.02 8.02 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 4.97 -54.79 - 2 5.50 8.09 16.11 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.05 -49.74 - 3 5.50 8.12 24.23 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.07 -44.67 - 4 5.50 8.13 32.36 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.09 -39.58 - 5 5.50 8.14 40.50 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.10 -34.49 - 6 5.50 8.15 48.64 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.10 -29.39 - 7 5.50 8.15 56.80 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.11 -24.28 - 8 5.50 8.16 64.96 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.11 -19.16 - 9 5.50 8.16 73.12 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.12 -14.04 - 10 5.50 8.17 81.29 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.12 -8.92 - 11 5.50 8.17 89.46 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.13 -3.79 - 12 5.50 8.17 97.63 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.13 1.34 - 13 5.50 8.18 105.81 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.13 6.47 - 14 5.50 8.18 113.99 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.13 11.60 - 15 5.50 8.18 122.17 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.14 16.74 - 16 5.50 8.18 130.35 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.14 21.88 - 17 5.50 8.18 138.54 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.14 27.02 - 18 5.50 8.19 146.72 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.14 32.16 - 19 5.50 8.19 154.91 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.14 37.30 - 20 5.50 8.19 163.10 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.15 42.45 - 21 5.50 8.19 171.29 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.15 47.59 - 22 5.50 8.19 179.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.15 52.74 - 23 5.50 8.19 187.68 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.15 57.89 - 24 5.50 8.20 195.87 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.15 63.04 - 25 5.50 8.20 204.07 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.15 68.19 - 26 5.50 8.20 212.27 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.15 73.35 - 27 5.50 8.20 220.47 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.15 78.50 - 28 5.50 8.20 228.67 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.16 83.66 - 29 5.50 8.20 236.87 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.16 88.81 - 30 5.50 8.20 245.07 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.16 93.97 + 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 -54.20 -54.20 + 1 5.50 8.02 8.02 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.07 -49.13 + 2 5.50 8.09 16.11 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.14 -43.99 + 3 5.50 8.12 24.23 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.17 -38.82 + 4 5.50 8.13 32.36 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.18 -33.64 + 5 5.50 8.14 40.50 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.19 -28.45 + 6 5.50 8.15 48.64 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.20 -23.26 + 7 5.50 8.15 56.80 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.20 -18.05 + 8 5.50 8.16 64.96 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.21 -12.84 + 9 5.50 8.16 73.12 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.21 -7.63 + 10 5.50 8.17 81.29 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.22 -2.41 + 11 5.50 8.17 89.46 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.22 2.81 + 12 5.50 8.17 97.63 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.22 8.03 + 13 5.50 8.18 105.81 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.23 13.25 + 14 5.50 8.18 113.99 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.23 18.48 + 15 5.50 8.18 122.17 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.23 23.71 + 16 5.50 8.18 130.35 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.23 28.94 + 17 5.50 8.18 138.54 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.23 34.18 + 18 5.50 8.19 146.72 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.24 39.42 + 19 5.50 8.19 154.91 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.24 44.65 + 20 5.50 8.19 163.10 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.24 49.89 + 21 5.50 8.19 171.29 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.24 55.13 + 22 5.50 8.19 179.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.24 60.37 + 23 5.50 8.19 187.68 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.24 65.62 + 24 5.50 8.20 195.87 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.24 70.86 + 25 5.50 8.20 204.07 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.25 76.11 + 26 5.50 8.20 212.27 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.25 81.36 + 27 5.50 8.20 220.47 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.25 86.60 + 28 5.50 8.20 228.67 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.25 91.85 + 29 5.50 8.20 236.87 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.25 97.10 + 30 5.50 8.20 245.07 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.25 102.35 diff --git a/tests/examples/example_PTC.out b/tests/examples/example_PTC.out index fb38c0f75..368cea8a2 100644 --- a/tests/examples/example_PTC.out +++ b/tests/examples/example_PTC.out @@ -4,16 +4,16 @@ Simulation Metadata ---------------------- - GEOPHIRES Version: 3.7.23 - Simulation Date: 2025-03-10 - Simulation Time: 10:42 - Calculation Time: 0.775 sec + GEOPHIRES Version: 3.8.4 + Simulation Date: 2025-03-19 + Simulation Time: 10:30 + Calculation Time: 0.814 sec ***SUMMARY OF RESULTS*** End-Use Option: Electricity Average Net Electricity Production: 18.84 MW - Electricity breakeven price: 8.75 cents/kWh + Electricity breakeven price: 8.07 cents/kWh Number of production wells: 2 Number of injection wells: 2 Flowrate per production well: 55.0 kg/sec @@ -27,11 +27,11 @@ Simulation Metadata Accrued financing during construction: 0.00 Project lifetime: 30 yr Capacity factor: 90.0 % - Project NPV: 1.14 MUSD - Project IRR: 7.13 % - Project VIR=PI=PIR: 1.01 - Project MOIC: 0.55 - Project Payback Period: 10.02 yr + Project NPV: 13.44 MUSD + Project IRR: 8.61 % + Project VIR=PI=PIR: 1.12 + Project MOIC: 0.67 + Project Payback Period: 9.18 yr Estimated Jobs Created: 41 ***ENGINEERING PARAMETERS*** @@ -91,22 +91,22 @@ Simulation Metadata ***CAPITAL COSTS (M$)*** - Drilling and completion costs: 47.16 MUSD - Drilling and completion costs per well: 11.79 MUSD + Drilling and completion costs: 37.76 MUSD + Drilling and completion costs per well: 9.44 MUSD Stimulation costs: 0.00 MUSD Surface power plant costs: 59.87 MUSD Field gathering system costs: 2.52 MUSD Total surface equipment costs: 62.40 MUSD - Exploration costs: 9.97 MUSD - Total capital costs: 119.52 MUSD + Exploration costs: 8.24 MUSD + Total capital costs: 108.39 MUSD ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** - Wellfield maintenance costs: 0.89 MUSD/yr + Wellfield maintenance costs: 0.80 MUSD/yr Power plant maintenance costs: 2.09 MUSD/yr Water costs: 0.06 MUSD/yr - Total operating and maintenance costs: 3.04 MUSD/yr + Total operating and maintenance costs: 2.95 MUSD/yr ***SURFACE EQUIPMENT SIMULATION RESULTS*** @@ -209,34 +209,34 @@ Year Electricity | Heat | 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 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) ________________________________________________________________________________________________________________________________________________________________________________________ - 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 -119.52 -119.52 - 1 10.50 15.31 15.31 | 7.50 0.00 0.00 | 7.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 12.26 -107.26 - 2 10.62 15.63 30.94 | 7.62 0.00 0.00 | 7.62 0.00 0.00 | 0.00 0.00 0.00 | 3.04 12.59 -94.68 - 3 10.75 15.87 46.81 | 7.75 0.00 0.00 | 7.75 0.00 0.00 | 0.00 0.00 0.00 | 3.04 12.82 -81.85 - 4 10.88 16.09 62.90 | 7.88 0.00 0.00 | 7.88 0.00 0.00 | 0.00 0.00 0.00 | 3.04 13.05 -68.81 - 5 11.02 16.31 79.20 | 8.02 0.00 0.00 | 8.02 0.00 0.00 | 0.00 0.00 0.00 | 3.04 13.26 -55.54 - 6 11.16 16.53 95.73 | 8.16 0.00 0.00 | 8.16 0.00 0.00 | 0.00 0.00 0.00 | 3.04 13.48 -42.06 - 7 11.30 16.75 112.48 | 8.30 0.00 0.00 | 8.30 0.00 0.00 | 0.00 0.00 0.00 | 3.04 13.71 -28.35 - 8 11.44 16.98 129.46 | 8.44 0.00 0.00 | 8.44 0.00 0.00 | 0.00 0.00 0.00 | 3.04 13.93 -14.42 - 9 11.59 17.21 146.67 | 8.59 0.00 0.00 | 8.59 0.00 0.00 | 0.00 0.00 0.00 | 3.04 14.16 -0.26 - 10 11.74 17.44 164.11 | 8.74 0.00 0.00 | 8.74 0.00 0.00 | 0.00 0.00 0.00 | 3.04 14.40 14.14 - 11 5.50 8.17 172.28 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.13 19.26 - 12 5.50 8.17 180.45 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.13 24.39 - 13 5.50 8.18 188.63 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.13 29.52 - 14 5.50 8.18 196.81 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.13 34.66 - 15 5.50 8.18 204.99 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.14 39.79 - 16 5.50 8.18 213.17 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.14 44.93 - 17 5.50 8.18 221.35 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.14 50.07 - 18 5.50 8.19 229.54 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.14 55.21 - 19 5.50 8.19 237.73 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.14 60.36 - 20 5.50 8.19 245.92 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.15 65.50 - 21 5.50 8.19 254.11 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.15 70.65 - 22 5.50 8.19 262.30 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.15 75.80 - 23 5.50 8.19 270.50 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.15 80.95 - 24 5.50 8.20 278.69 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.15 86.10 - 25 5.50 8.20 286.89 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.15 91.25 - 26 5.50 8.20 295.09 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.15 96.40 - 27 5.50 8.20 303.28 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.15 101.56 - 28 5.50 8.20 311.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.16 106.71 - 29 5.50 8.20 319.68 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.16 111.87 - 30 5.50 8.20 327.89 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.04 5.16 117.02 + 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 -108.39 -108.39 + 1 10.50 15.31 15.31 | 7.50 0.00 0.00 | 7.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 12.36 -96.04 + 2 10.62 15.63 30.94 | 7.62 0.00 0.00 | 7.62 0.00 0.00 | 0.00 0.00 0.00 | 2.95 12.68 -83.36 + 3 10.75 15.87 46.81 | 7.75 0.00 0.00 | 7.75 0.00 0.00 | 0.00 0.00 0.00 | 2.95 12.92 -70.44 + 4 10.88 16.09 62.90 | 7.88 0.00 0.00 | 7.88 0.00 0.00 | 0.00 0.00 0.00 | 2.95 13.14 -57.30 + 5 11.02 16.31 79.20 | 8.02 0.00 0.00 | 8.02 0.00 0.00 | 0.00 0.00 0.00 | 2.95 13.36 -43.94 + 6 11.16 16.53 95.73 | 8.16 0.00 0.00 | 8.16 0.00 0.00 | 0.00 0.00 0.00 | 2.95 13.58 -30.36 + 7 11.30 16.75 112.48 | 8.30 0.00 0.00 | 8.30 0.00 0.00 | 0.00 0.00 0.00 | 2.95 13.80 -16.56 + 8 11.44 16.98 129.46 | 8.44 0.00 0.00 | 8.44 0.00 0.00 | 0.00 0.00 0.00 | 2.95 14.03 -2.54 + 9 11.59 17.21 146.67 | 8.59 0.00 0.00 | 8.59 0.00 0.00 | 0.00 0.00 0.00 | 2.95 14.26 11.72 + 10 11.74 17.44 164.11 | 8.74 0.00 0.00 | 8.74 0.00 0.00 | 0.00 0.00 0.00 | 2.95 14.49 26.21 + 11 5.50 8.17 172.28 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.22 31.43 + 12 5.50 8.17 180.45 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.22 36.65 + 13 5.50 8.18 188.63 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.23 41.87 + 14 5.50 8.18 196.81 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.23 47.10 + 15 5.50 8.18 204.99 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.23 52.33 + 16 5.50 8.18 213.17 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.23 57.57 + 17 5.50 8.18 221.35 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.23 62.80 + 18 5.50 8.19 229.54 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.24 68.04 + 19 5.50 8.19 237.73 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.24 73.27 + 20 5.50 8.19 245.92 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.24 78.51 + 21 5.50 8.19 254.11 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.24 83.75 + 22 5.50 8.19 262.30 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.24 89.00 + 23 5.50 8.19 270.50 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.24 94.24 + 24 5.50 8.20 278.69 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.24 99.48 + 25 5.50 8.20 286.89 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.25 104.73 + 26 5.50 8.20 295.09 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.25 109.98 + 27 5.50 8.20 303.28 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.25 115.22 + 28 5.50 8.20 311.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.25 120.47 + 29 5.50 8.20 319.68 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.25 125.72 + 30 5.50 8.20 327.89 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.95 5.25 130.97 diff --git a/tests/examples/example_multiple_gradients-2.out b/tests/examples/example_multiple_gradients-2.out index 1b6f6371e..4336ff26c 100644 --- a/tests/examples/example_multiple_gradients-2.out +++ b/tests/examples/example_multiple_gradients-2.out @@ -4,16 +4,16 @@ Simulation Metadata ---------------------- - GEOPHIRES Version: 3.7.23 - Simulation Date: 2025-03-10 - Simulation Time: 10:42 - Calculation Time: 0.791 sec + GEOPHIRES Version: 3.8.4 + Simulation Date: 2025-03-19 + Simulation Time: 10:30 + Calculation Time: 0.837 sec ***SUMMARY OF RESULTS*** End-Use Option: Electricity Average Net Electricity Production: 8.00 MW - Electricity breakeven price: 9.11 cents/kWh + Electricity breakeven price: 8.36 cents/kWh Number of production wells: 2 Number of injection wells: 2 Flowrate per production well: 60.0 kg/sec @@ -34,10 +34,10 @@ Simulation Metadata Accrued financing during construction: 0.00 Project lifetime: 30 yr Capacity factor: 90.0 % - Project NPV: -56.12 MUSD - Project IRR: -3.14 % - Project VIR=PI=PIR: 0.26 - Project MOIC: -0.22 + Project NPV: -47.23 MUSD + Project IRR: -2.22 % + Project VIR=PI=PIR: 0.31 + Project MOIC: -0.16 Project Payback Period: N/A Estimated Jobs Created: 17 @@ -103,23 +103,23 @@ Simulation Metadata ***CAPITAL COSTS (M$)*** - Drilling and completion costs: 33.28 MUSD - Drilling and completion costs per well: 8.32 MUSD + Drilling and completion costs: 26.49 MUSD + Drilling and completion costs per well: 6.62 MUSD Stimulation costs: 3.02 MUSD Surface power plant costs: 30.27 MUSD Field gathering system costs: 2.26 MUSD Total surface equipment costs: 32.53 MUSD - Exploration costs: 7.41 MUSD - Total capital costs: 76.24 MUSD - Annualized capital costs: 3.81 MUSD + Exploration costs: 6.16 MUSD + Total capital costs: 68.20 MUSD + Annualized capital costs: 3.41 MUSD ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** - Wellfield maintenance costs: 0.62 MUSD/yr + Wellfield maintenance costs: 0.55 MUSD/yr Power plant maintenance costs: 1.25 MUSD/yr Water costs: 0.06 MUSD/yr - Total operating and maintenance costs: 1.93 MUSD/yr + Total operating and maintenance costs: 1.86 MUSD/yr ***SURFACE EQUIPMENT SIMULATION RESULTS*** @@ -222,34 +222,34 @@ Year Electricity | Heat | 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 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) ________________________________________________________________________________________________________________________________________________________________________________________ - 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 -76.24 -76.24 - 1 5.50 3.63 3.63 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.70 -74.54 - 2 5.50 3.63 7.26 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.70 -72.84 - 3 5.50 3.63 10.89 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.70 -71.14 - 4 5.50 3.63 14.52 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.70 -69.44 - 5 5.50 3.63 18.15 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.70 -67.74 - 6 5.50 3.63 21.78 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.70 -66.04 - 7 5.50 3.63 25.40 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.70 -64.33 - 8 5.50 3.63 29.03 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.70 -62.64 - 9 5.50 3.62 32.65 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.70 -60.94 - 10 5.50 3.62 36.27 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.69 -59.25 - 11 5.50 3.61 39.88 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.68 -57.57 - 12 5.50 3.60 43.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.67 -55.90 - 13 5.50 3.59 47.07 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.66 -54.24 - 14 5.50 3.57 50.64 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.64 -52.60 - 15 5.50 3.55 54.19 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.62 -50.97 - 16 5.50 3.53 57.72 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.60 -49.37 - 17 5.50 3.51 61.22 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.58 -47.79 - 18 5.50 3.48 64.70 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.55 -46.24 - 19 5.50 3.45 68.16 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.53 -44.72 - 20 5.50 3.42 71.58 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.50 -43.22 - 21 5.50 3.39 74.97 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.47 -41.75 - 22 5.50 3.36 78.34 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.43 -40.32 - 23 5.50 3.33 81.66 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.40 -38.92 - 24 5.50 3.30 84.96 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.37 -37.55 - 25 5.50 3.26 88.22 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.33 -36.22 - 26 5.50 3.23 91.45 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.30 -34.92 - 27 5.50 3.19 94.64 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.26 -33.66 - 28 5.50 3.16 97.80 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.23 -32.43 - 29 5.50 3.12 100.92 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.19 -31.23 - 30 5.50 3.09 104.01 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.16 -30.07 + 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 -68.20 -68.20 + 1 5.50 3.63 3.63 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.77 -66.43 + 2 5.50 3.63 7.26 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.77 -64.66 + 3 5.50 3.63 10.89 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.77 -62.89 + 4 5.50 3.63 14.52 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.77 -61.12 + 5 5.50 3.63 18.15 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.77 -59.35 + 6 5.50 3.63 21.78 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.77 -57.58 + 7 5.50 3.63 25.40 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.77 -55.81 + 8 5.50 3.63 29.03 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.77 -54.04 + 9 5.50 3.62 32.65 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.76 -52.28 + 10 5.50 3.62 36.27 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.76 -50.52 + 11 5.50 3.61 39.88 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.75 -48.77 + 12 5.50 3.60 43.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.74 -47.03 + 13 5.50 3.59 47.07 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.73 -45.31 + 14 5.50 3.57 50.64 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.71 -43.60 + 15 5.50 3.55 54.19 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.69 -41.90 + 16 5.50 3.53 57.72 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.67 -40.24 + 17 5.50 3.51 61.22 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.65 -38.59 + 18 5.50 3.48 64.70 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.62 -36.97 + 19 5.50 3.45 68.16 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.59 -35.38 + 20 5.50 3.42 71.58 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.56 -33.81 + 21 5.50 3.39 74.97 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.53 -32.28 + 22 5.50 3.36 78.34 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.50 -30.78 + 23 5.50 3.33 81.66 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.47 -29.31 + 24 5.50 3.30 84.96 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.44 -27.87 + 25 5.50 3.26 88.22 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.40 -26.47 + 26 5.50 3.23 91.45 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.37 -25.10 + 27 5.50 3.19 94.64 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.33 -23.77 + 28 5.50 3.16 97.80 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.30 -22.47 + 29 5.50 3.12 100.92 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.26 -21.21 + 30 5.50 3.09 104.01 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.23 -19.99 diff --git a/tests/examples/example_multiple_gradients.out b/tests/examples/example_multiple_gradients.out index b471eb1ea..0a921c982 100644 --- a/tests/examples/example_multiple_gradients.out +++ b/tests/examples/example_multiple_gradients.out @@ -4,16 +4,16 @@ Simulation Metadata ---------------------- - GEOPHIRES Version: 3.7.23 - Simulation Date: 2025-03-10 - Simulation Time: 10:42 - Calculation Time: 0.864 sec + GEOPHIRES Version: 3.8.4 + Simulation Date: 2025-03-19 + Simulation Time: 10:30 + Calculation Time: 0.814 sec ***SUMMARY OF RESULTS*** End-Use Option: Electricity Average Net Electricity Production: 8.00 MW - Electricity breakeven price: 9.11 cents/kWh + Electricity breakeven price: 8.36 cents/kWh Number of production wells: 2 Number of injection wells: 2 Flowrate per production well: 60.0 kg/sec @@ -34,10 +34,10 @@ Simulation Metadata Accrued financing during construction: 0.00 Project lifetime: 30 yr Capacity factor: 90.0 % - Project NPV: -56.12 MUSD - Project IRR: -3.14 % - Project VIR=PI=PIR: 0.26 - Project MOIC: -0.22 + Project NPV: -47.23 MUSD + Project IRR: -2.22 % + Project VIR=PI=PIR: 0.31 + Project MOIC: -0.16 Project Payback Period: N/A Estimated Jobs Created: 17 @@ -103,23 +103,23 @@ Simulation Metadata ***CAPITAL COSTS (M$)*** - Drilling and completion costs: 33.28 MUSD - Drilling and completion costs per well: 8.32 MUSD + Drilling and completion costs: 26.49 MUSD + Drilling and completion costs per well: 6.62 MUSD Stimulation costs: 3.02 MUSD Surface power plant costs: 30.27 MUSD Field gathering system costs: 2.26 MUSD Total surface equipment costs: 32.53 MUSD - Exploration costs: 7.41 MUSD - Total capital costs: 76.24 MUSD - Annualized capital costs: 3.81 MUSD + Exploration costs: 6.16 MUSD + Total capital costs: 68.20 MUSD + Annualized capital costs: 3.41 MUSD ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** - Wellfield maintenance costs: 0.62 MUSD/yr + Wellfield maintenance costs: 0.55 MUSD/yr Power plant maintenance costs: 1.25 MUSD/yr Water costs: 0.06 MUSD/yr - Total operating and maintenance costs: 1.93 MUSD/yr + Total operating and maintenance costs: 1.86 MUSD/yr ***SURFACE EQUIPMENT SIMULATION RESULTS*** @@ -222,34 +222,34 @@ Year Electricity | Heat | 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 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) ________________________________________________________________________________________________________________________________________________________________________________________ - 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 -76.24 -76.24 - 1 5.50 3.63 3.63 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.70 -74.54 - 2 5.50 3.63 7.26 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.70 -72.84 - 3 5.50 3.63 10.89 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.70 -71.14 - 4 5.50 3.63 14.52 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.70 -69.44 - 5 5.50 3.63 18.15 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.70 -67.74 - 6 5.50 3.63 21.78 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.70 -66.04 - 7 5.50 3.63 25.40 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.70 -64.33 - 8 5.50 3.63 29.03 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.70 -62.64 - 9 5.50 3.62 32.65 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.70 -60.94 - 10 5.50 3.62 36.27 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.69 -59.25 - 11 5.50 3.61 39.88 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.68 -57.57 - 12 5.50 3.60 43.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.67 -55.90 - 13 5.50 3.59 47.07 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.66 -54.24 - 14 5.50 3.57 50.64 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.64 -52.60 - 15 5.50 3.55 54.19 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.62 -50.97 - 16 5.50 3.53 57.72 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.60 -49.37 - 17 5.50 3.51 61.22 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.58 -47.79 - 18 5.50 3.48 64.70 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.55 -46.24 - 19 5.50 3.45 68.16 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.53 -44.72 - 20 5.50 3.42 71.58 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.50 -43.22 - 21 5.50 3.39 74.97 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.47 -41.75 - 22 5.50 3.36 78.34 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.43 -40.32 - 23 5.50 3.33 81.66 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.40 -38.92 - 24 5.50 3.30 84.96 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.37 -37.55 - 25 5.50 3.26 88.22 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.33 -36.22 - 26 5.50 3.23 91.45 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.30 -34.92 - 27 5.50 3.19 94.64 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.26 -33.66 - 28 5.50 3.16 97.80 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.23 -32.43 - 29 5.50 3.12 100.92 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.19 -31.23 - 30 5.50 3.09 104.01 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.16 -30.07 + 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 -68.20 -68.20 + 1 5.50 3.63 3.63 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.77 -66.43 + 2 5.50 3.63 7.26 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.77 -64.66 + 3 5.50 3.63 10.89 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.77 -62.89 + 4 5.50 3.63 14.52 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.77 -61.12 + 5 5.50 3.63 18.15 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.77 -59.35 + 6 5.50 3.63 21.78 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.77 -57.58 + 7 5.50 3.63 25.40 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.77 -55.81 + 8 5.50 3.63 29.03 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.77 -54.04 + 9 5.50 3.62 32.65 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.76 -52.28 + 10 5.50 3.62 36.27 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.76 -50.52 + 11 5.50 3.61 39.88 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.75 -48.77 + 12 5.50 3.60 43.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.74 -47.03 + 13 5.50 3.59 47.07 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.73 -45.31 + 14 5.50 3.57 50.64 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.71 -43.60 + 15 5.50 3.55 54.19 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.69 -41.90 + 16 5.50 3.53 57.72 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.67 -40.24 + 17 5.50 3.51 61.22 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.65 -38.59 + 18 5.50 3.48 64.70 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.62 -36.97 + 19 5.50 3.45 68.16 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.59 -35.38 + 20 5.50 3.42 71.58 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.56 -33.81 + 21 5.50 3.39 74.97 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.53 -32.28 + 22 5.50 3.36 78.34 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.50 -30.78 + 23 5.50 3.33 81.66 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.47 -29.31 + 24 5.50 3.30 84.96 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.44 -27.87 + 25 5.50 3.26 88.22 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.40 -26.47 + 26 5.50 3.23 91.45 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.37 -25.10 + 27 5.50 3.19 94.64 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.33 -23.77 + 28 5.50 3.16 97.80 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.30 -22.47 + 29 5.50 3.12 100.92 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.26 -21.21 + 30 5.50 3.09 104.01 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.86 1.23 -19.99 diff --git a/tests/examples/example_overpressure.out b/tests/examples/example_overpressure.out index 389a3a9c3..55a46393e 100644 --- a/tests/examples/example_overpressure.out +++ b/tests/examples/example_overpressure.out @@ -4,16 +4,16 @@ Simulation Metadata ---------------------- - GEOPHIRES Version: 3.7.23 - Simulation Date: 2025-03-10 - Simulation Time: 10:41 - Calculation Time: 0.778 sec + GEOPHIRES Version: 3.8.4 + Simulation Date: 2025-03-19 + Simulation Time: 10:30 + Calculation Time: 0.797 sec ***SUMMARY OF RESULTS*** End-Use Option: Electricity Average Net Electricity Production: 5.22 MW - Electricity breakeven price: 9.37 cents/kWh + Electricity breakeven price: 8.84 cents/kWh Number of production wells: 2 Number of injection wells: 2 Flowrate per production well: 70.0 kg/sec @@ -28,11 +28,11 @@ Simulation Metadata Accrued financing during construction: 0.00 Project lifetime: 30 yr Capacity factor: 90.0 % - Project NPV: -2.76 MUSD - Project IRR: 6.49 % - Project VIR=PI=PIR: 0.94 - Project MOIC: 0.79 - Project Payback Period: 14.60 yr + Project NPV: 1.32 MUSD + Project IRR: 7.26 % + Project VIR=PI=PIR: 1.03 + Project MOIC: 0.89 + Project Payback Period: 13.74 yr Estimated Jobs Created: 13 ***ENGINEERING PARAMETERS*** @@ -92,24 +92,24 @@ Simulation Metadata ***CAPITAL COSTS (M$)*** - Drilling and completion costs: 14.42 MUSD - Drilling and completion costs per production well: 5.23 MUSD - Drilling and completion costs per injection well: 1.64 MUSD + Drilling and completion costs: 11.54 MUSD + Drilling and completion costs per production well: 4.14 MUSD + Drilling and completion costs per injection well: 1.36 MUSD Stimulation costs: 3.02 MUSD Surface power plant costs: 22.69 MUSD Field gathering system costs: 3.05 MUSD Total surface equipment costs: 25.74 MUSD - Exploration costs: 5.33 MUSD - Total capital costs: 48.50 MUSD - Annualized capital costs: 2.43 MUSD + Exploration costs: 4.49 MUSD + Total capital costs: 44.79 MUSD + Annualized capital costs: 2.24 MUSD ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** - Wellfield maintenance costs: 0.38 MUSD/yr + Wellfield maintenance costs: 0.36 MUSD/yr Power plant maintenance costs: 0.97 MUSD/yr Water costs: 0.07 MUSD/yr - Total operating and maintenance costs: 1.43 MUSD/yr + Total operating and maintenance costs: 1.40 MUSD/yr ***SURFACE EQUIPMENT SIMULATION RESULTS*** @@ -212,37 +212,37 @@ Year Electricity | Heat | 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 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) ________________________________________________________________________________________________________________________________________________________________________________________ - 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 -48.50 -48.50 - 1 9.00 4.08 4.08 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 2.65 -45.85 - 2 9.00 4.09 8.17 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 2.67 -43.19 - 3 9.00 4.08 12.25 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 2.65 -40.53 - 4 9.00 4.06 16.31 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 2.63 -37.90 - 5 9.00 4.04 20.35 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 2.61 -35.28 - 6 9.00 4.02 24.37 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 2.59 -32.69 - 7 10.20 4.53 28.90 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 3.10 -29.59 - 8 11.40 5.04 33.94 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 3.61 -25.98 - 9 12.60 5.53 39.47 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.11 -21.87 - 10 13.80 5.96 45.44 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.54 -17.34 - 11 15.00 6.29 51.73 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.87 -12.47 - 12 15.00 6.25 57.99 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.83 -7.64 - 13 15.00 6.21 64.20 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.79 -2.85 - 14 15.00 6.17 70.37 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.75 1.89 - 15 15.00 6.13 76.51 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.71 6.60 - 16 15.00 6.09 82.60 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.67 11.26 - 17 15.00 6.05 88.65 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.62 15.89 - 18 15.00 6.01 94.66 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.58 20.47 - 19 15.00 5.97 100.63 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.54 25.01 - 20 15.00 5.93 106.56 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.50 29.52 - 21 15.00 5.89 112.44 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.46 33.97 - 22 15.00 5.84 118.29 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.42 38.39 - 23 15.00 5.80 124.09 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.38 42.77 - 24 15.00 5.76 129.85 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.33 47.10 - 25 15.00 5.72 135.57 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.29 51.39 - 26 15.00 5.68 141.25 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.25 55.64 - 27 15.00 5.63 146.88 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.21 59.85 - 28 15.00 5.59 152.47 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.16 64.01 - 29 15.00 5.55 158.02 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.12 68.13 - 30 15.00 5.51 163.53 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.43 4.08 72.21 + 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 -44.79 -44.79 + 1 9.00 4.08 4.08 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 2.68 -42.11 + 2 9.00 4.09 8.17 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 2.69 -39.41 + 3 9.00 4.08 12.25 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 2.68 -36.73 + 4 9.00 4.06 16.31 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 2.66 -34.07 + 5 9.00 4.04 20.35 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 2.64 -31.42 + 6 9.00 4.02 24.37 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 2.62 -28.80 + 7 10.20 4.53 28.90 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 3.13 -25.67 + 8 11.40 5.04 33.94 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 3.64 -22.03 + 9 12.60 5.53 39.47 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.13 -17.90 + 10 13.80 5.96 45.44 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.57 -13.33 + 11 15.00 6.29 51.73 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.90 -8.44 + 12 15.00 6.25 57.99 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.86 -3.58 + 13 15.00 6.21 64.20 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.82 1.24 + 14 15.00 6.17 70.37 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.78 6.01 + 15 15.00 6.13 76.51 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.73 10.75 + 16 15.00 6.09 82.60 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.69 15.44 + 17 15.00 6.05 88.65 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.65 20.09 + 18 15.00 6.01 94.66 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.61 24.71 + 19 15.00 5.97 100.63 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.57 29.28 + 20 15.00 5.93 106.56 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.53 33.81 + 21 15.00 5.89 112.44 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.49 38.30 + 22 15.00 5.84 118.29 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.45 42.74 + 23 15.00 5.80 124.09 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.40 47.15 + 24 15.00 5.76 129.85 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.36 51.51 + 25 15.00 5.72 135.57 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.32 55.83 + 26 15.00 5.68 141.25 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.28 60.11 + 27 15.00 5.63 146.88 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.24 64.34 + 28 15.00 5.59 152.47 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.19 68.53 + 29 15.00 5.55 158.02 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.15 72.68 + 30 15.00 5.51 163.53 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.11 76.79 *************************************** diff --git a/tests/examples/example_overpressure2.out b/tests/examples/example_overpressure2.out index e220a8a83..f8a0cdcae 100644 --- a/tests/examples/example_overpressure2.out +++ b/tests/examples/example_overpressure2.out @@ -4,16 +4,16 @@ Simulation Metadata ---------------------- - GEOPHIRES Version: 3.7.23 - Simulation Date: 2025-03-10 - Simulation Time: 10:42 - Calculation Time: 0.778 sec + GEOPHIRES Version: 3.8.4 + Simulation Date: 2025-03-19 + Simulation Time: 10:30 + Calculation Time: 0.797 sec ***SUMMARY OF RESULTS*** End-Use Option: Electricity Average Net Electricity Production: 5.34 MW - Electricity breakeven price: 9.12 cents/kWh + Electricity breakeven price: 8.61 cents/kWh Number of production wells: 2 Number of injection wells: 2 Flowrate per production well: 70.0 kg/sec @@ -28,11 +28,11 @@ Simulation Metadata Accrued financing during construction: 0.00 Project lifetime: 30 yr Capacity factor: 90.0 % - Project NPV: -1.29 MUSD - Project IRR: 6.77 % - Project VIR=PI=PIR: 0.97 - Project MOIC: 0.84 - Project Payback Period: 14.38 yr + Project NPV: 2.78 MUSD + Project IRR: 7.53 % + Project VIR=PI=PIR: 1.06 + Project MOIC: 0.94 + Project Payback Period: 13.56 yr Estimated Jobs Created: 13 ***ENGINEERING PARAMETERS*** @@ -92,24 +92,24 @@ Simulation Metadata ***CAPITAL COSTS (M$)*** - Drilling and completion costs: 14.42 MUSD - Drilling and completion costs per production well: 5.23 MUSD - Drilling and completion costs per injection well: 1.64 MUSD + Drilling and completion costs: 11.54 MUSD + Drilling and completion costs per production well: 4.14 MUSD + Drilling and completion costs per injection well: 1.36 MUSD Stimulation costs: 3.02 MUSD Surface power plant costs: 22.69 MUSD Field gathering system costs: 2.80 MUSD Total surface equipment costs: 25.49 MUSD - Exploration costs: 5.33 MUSD - Total capital costs: 48.25 MUSD - Annualized capital costs: 2.41 MUSD + Exploration costs: 4.49 MUSD + Total capital costs: 44.53 MUSD + Annualized capital costs: 2.23 MUSD ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** - Wellfield maintenance costs: 0.38 MUSD/yr + Wellfield maintenance costs: 0.35 MUSD/yr Power plant maintenance costs: 0.97 MUSD/yr Water costs: 0.07 MUSD/yr - Total operating and maintenance costs: 1.42 MUSD/yr + Total operating and maintenance costs: 1.40 MUSD/yr ***SURFACE EQUIPMENT SIMULATION RESULTS*** @@ -212,37 +212,37 @@ Year Electricity | Heat | 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 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) ________________________________________________________________________________________________________________________________________________________________________________________ - 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 -48.25 -48.25 - 1 9.00 4.08 4.08 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 2.65 -45.60 - 2 9.00 4.09 8.17 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 2.67 -42.93 - 3 9.00 4.08 12.25 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 2.66 -40.27 - 4 9.00 4.06 16.31 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 2.64 -37.64 - 5 9.00 4.04 20.35 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 2.62 -35.02 - 6 9.00 4.02 24.37 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 2.60 -32.42 - 7 10.20 4.53 28.90 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 3.11 -29.32 - 8 11.40 5.04 33.94 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 3.61 -25.71 - 9 12.60 5.53 39.47 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 4.11 -21.60 - 10 13.80 6.02 45.50 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 4.60 -17.00 - 11 15.00 6.51 52.00 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 5.08 -11.92 - 12 15.00 6.47 58.47 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 5.04 -6.87 - 13 15.00 6.43 64.90 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 5.00 -1.87 - 14 15.00 6.39 71.29 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 4.96 3.09 - 15 15.00 6.35 77.63 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 4.92 8.01 - 16 15.00 6.31 83.94 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 4.88 12.90 - 17 15.00 6.26 90.20 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 4.84 17.74 - 18 15.00 6.22 96.43 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 4.80 22.53 - 19 15.00 6.18 102.61 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 4.76 27.29 - 20 15.00 6.14 108.75 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 4.72 32.01 - 21 15.00 6.10 114.85 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 4.67 36.68 - 22 15.00 6.06 120.91 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 4.63 41.32 - 23 15.00 6.02 126.92 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 4.59 45.91 - 24 15.00 5.97 132.90 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 4.55 50.46 - 25 15.00 5.93 138.83 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 4.51 54.97 - 26 15.00 5.89 144.72 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 4.46 59.43 - 27 15.00 5.85 150.57 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 4.42 63.85 - 28 15.00 5.80 156.37 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 4.38 68.23 - 29 15.00 5.76 162.13 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 4.34 72.57 - 30 15.00 5.72 167.85 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.42 4.30 76.86 + 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 -44.53 -44.53 + 1 9.00 4.08 4.08 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 2.68 -41.85 + 2 9.00 4.09 8.17 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 2.70 -39.16 + 3 9.00 4.08 12.25 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 2.68 -36.47 + 4 9.00 4.06 16.31 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 2.67 -33.81 + 5 9.00 4.04 20.35 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 2.65 -31.16 + 6 9.00 4.02 24.37 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 2.62 -28.53 + 7 10.20 4.53 28.90 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 3.14 -25.40 + 8 11.40 5.04 33.94 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 3.64 -21.76 + 9 12.60 5.53 39.47 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.14 -17.62 + 10 13.80 6.02 45.50 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.63 -12.99 + 11 15.00 6.51 52.00 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 5.11 -7.88 + 12 15.00 6.47 58.47 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 5.07 -2.81 + 13 15.00 6.43 64.90 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 5.03 2.22 + 14 15.00 6.39 71.29 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.99 7.21 + 15 15.00 6.35 77.63 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.95 12.16 + 16 15.00 6.31 83.94 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.91 17.07 + 17 15.00 6.26 90.20 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.87 21.94 + 18 15.00 6.22 96.43 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.83 26.77 + 19 15.00 6.18 102.61 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.79 31.56 + 20 15.00 6.14 108.75 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.75 36.30 + 21 15.00 6.10 114.85 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.70 41.00 + 22 15.00 6.06 120.91 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.66 45.67 + 23 15.00 6.02 126.92 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.62 50.29 + 24 15.00 5.97 132.90 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.58 54.87 + 25 15.00 5.93 138.83 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.54 59.40 + 26 15.00 5.89 144.72 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.49 63.89 + 27 15.00 5.85 150.57 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.45 68.35 + 28 15.00 5.80 156.37 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.41 72.75 + 29 15.00 5.76 162.13 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.36 77.12 + 30 15.00 5.72 167.85 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 4.33 81.44 *************************************** diff --git a/tests/geophires_x_tests/test_economics.py b/tests/geophires_x_tests/test_economics.py index 4e0dc6a15..76a628a6a 100644 --- a/tests/geophires_x_tests/test_economics.py +++ b/tests/geophires_x_tests/test_economics.py @@ -76,28 +76,31 @@ def calc_npv(total_revenue, discount_initial_year_cashflow=False): geophires_npv = calc_npv(cashflow_series, discount_initial_year_cashflow=True) self.assertEqual(1188.44, round(geophires_npv, 2)) - def test_well_drilling_cost_correlation_tooltiptext(self): + def test_well_drilling_cost_correlation_tooltip_text(self): ec = self._new_model().economics self.assertEqual( ec.wellcorrelation.ToolTipText, + # noinspection SqlNoDataSourceInspection 'Select the built-in well drilling and completion cost correlation: ' - + '1: vertical small diameter, baseline; ' - + '2: deviated small diameter, baseline; ' - + '3: vertical large diameter, baseline; ' - + '4: deviated large diameter, baseline; ' - + '5: Simple; ' - + '6: vertical small diameter, intermediate1; ' - + '7: vertical small diameter, intermediate2; ' - + '8: deviated small diameter, intermediate1; ' - + '9: deviated small diameter, intermediate2; ' - + '10: vertical large diameter, intermediate1; ' - + '11: vertical large diameter, intermediate2; ' - + '12: deviated large diameter, intermediate1; ' - + '13: deviated large diameter, intermediate2; ' - + '14: vertical open-hole, small diameter, ideal; ' - + '15: deviated liner, small diameter, ideal; ' - + '16: vertical open-hole, large diameter, ideal; ' - + '17: deviated liner, large diameter, ideal', + '1: vertical small diameter, baseline; ' + '2: deviated small diameter, baseline; ' + '3: vertical large diameter, baseline; ' + '4: deviated large diameter, baseline; ' + '5: Simple (per-meter cost); ' + '6: vertical small diameter, intermediate1; ' + '7: vertical small diameter, intermediate2; ' + '8: deviated small diameter, intermediate1; ' + '9: deviated small diameter, intermediate2; ' + '10: vertical large diameter, intermediate1; ' + '11: vertical large diameter, intermediate2; ' + '12: deviated large diameter, intermediate1; ' + '13: deviated large diameter, intermediate2; ' + '14: vertical open-hole, small diameter, ideal; ' + '15: deviated liner, small diameter, ideal; ' + '16: vertical open-hole, large diameter, ideal; ' + '17: deviated liner, large diameter, ideal. ' + "Baseline correlations (1-4) are from NREL's 2025 cost curve update. " + 'Intermediate and ideal correlations (6-17) are from GeoVision.', ) def _new_model(self) -> Model: diff --git a/tests/geophires_x_tests/test_options_list.py b/tests/geophires_x_tests/test_options_list.py index db4ff9e73..7a58315ac 100644 --- a/tests/geophires_x_tests/test_options_list.py +++ b/tests/geophires_x_tests/test_options_list.py @@ -37,6 +37,20 @@ def test_equality(self): self.assertFalse(WellDrillingCostCorrelation.VERTICAL_SMALL == WellDrillingCostCorrelation.DEVIATED_SMALL) self.assertTrue(WellDrillingCostCorrelation.VERTICAL_SMALL == WellDrillingCostCorrelation.VERTICAL_SMALL) + def test_baseline_curve_costs(self): + # Sanity-check calibration with NREL 2025 Cost Curve Update + # https://pangea.stanford.edu/ERE/db/GeoConf/papers/SGW/2025/Akindipe.pdf?t=1740084555 + + self.assertAlmostEqual(5.1, WellDrillingCostCorrelation.VERTICAL_SMALL.calculate_cost_MUSD(3500), delta=0.1) + self.assertAlmostEqual(13.9, WellDrillingCostCorrelation.VERTICAL_SMALL.calculate_cost_MUSD(6500), delta=0.1) + self.assertAlmostEqual(15.9, WellDrillingCostCorrelation.VERTICAL_SMALL.calculate_cost_MUSD(7000), delta=0.1) + + self.assertAlmostEqual(17.2, WellDrillingCostCorrelation.VERTICAL_LARGE.calculate_cost_MUSD(6500), delta=0.1) + + self.assertAlmostEqual(14.9, WellDrillingCostCorrelation.DEVIATED_SMALL.calculate_cost_MUSD(6500), delta=0.1) + + self.assertAlmostEqual(18.3, WellDrillingCostCorrelation.DEVIATED_LARGE.calculate_cost_MUSD(6500), delta=0.1) + class PlantTypeTestCase(BaseTestCase): def test_equality(self): diff --git a/tests/test_geophires_x.py b/tests/test_geophires_x.py index 964cae392..b1c5589d7 100644 --- a/tests/test_geophires_x.py +++ b/tests/test_geophires_x.py @@ -383,9 +383,9 @@ def get_fcr_lcoe(fcr: float) -> float: .result['SUMMARY OF RESULTS']['Electricity breakeven price']['value'] ) - self.assertAlmostEqual(9.61, get_fcr_lcoe(0.05), places=1) - self.assertAlmostEqual(3.33, get_fcr_lcoe(0.0001), places=1) - self.assertAlmostEqual(103.76, get_fcr_lcoe(0.8), places=0) + self.assertAlmostEqual(8.82, get_fcr_lcoe(0.05), places=1) + self.assertAlmostEqual(3.19, get_fcr_lcoe(0.0001), places=1) + self.assertAlmostEqual(93.48, get_fcr_lcoe(0.8), places=0) def test_vapor_pressure_above_critical_temperature(self): """https://github.com/NREL/GEOPHIRES-X/issues/214""" diff --git a/tests/test_geophires_x_client.py b/tests/test_geophires_x_client.py index 730e024ae..914a79e76 100644 --- a/tests/test_geophires_x_client.py +++ b/tests/test_geophires_x_client.py @@ -242,36 +242,36 @@ def test_extended_economic_profile(self): 'Annual Project Cash Flow (MUSD/yr)', 'Cumm. Project Cash Flow (MUSD)', ], - [1, 0.0, 0.0023, 0.0, 0.0, 1.14, -70.0, -70.0, -101.07, -101.07], - [2, 0.09, 0.0023, 0.012, 0.0, 1.14, 1.14, -68.86, 5.7, -95.37], - [3, 0.09, 0.0023, 0.012, 0.0, 1.14, 1.14, -67.72, 5.74, -89.63], - [4, 0.09, 0.0023, 0.012, 0.0, 1.14, 1.14, -66.59, 5.75, -83.88], - [5, 0.09, 0.0023, 0.012, 0.0, 1.14, 1.14, -65.45, 5.76, -78.12], - [6, 0.09, 0.0023, 0.012, 0.0, 1.14, 1.14, -64.31, 5.77, -72.35], - [7, 0.09, 0.0026, 0.012, 0.0, 1.14, 1.14, -63.17, 5.77, -66.58], - [8, 0.102, 0.003, 0.012, 0.0, 1.14, 1.14, -62.03, 6.28, -60.29], - [9, 0.114, 0.0033, 0.012, 0.0, 1.14, 1.14, -60.89, 6.8, -53.5], - [10, 0.126, 0.0036, 0.022, 0.0, 1.14, 1.14, -59.75, 7.31, -46.19], - [11, 0.138, 0.0039, 0.032, 0.0, 1.14, 1.14, -58.61, 7.82, -38.36], - [12, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -57.47, 8.34, -30.02], - [13, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -56.33, 8.34, -21.68], - [14, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -55.19, 8.34, -13.34], - [15, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -54.05, 8.35, -4.99], - [16, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -52.91, 8.35, 3.36], - [17, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -51.77, 8.35, 11.71], - [18, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -50.63, 8.35, 20.06], - [19, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -49.49, 8.35, 28.41], - [20, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -48.35, 8.36, 36.77], - [21, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -47.21, 8.36, 45.12], - [22, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -46.07, 8.36, 53.48], - [23, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -44.93, 8.36, 61.84], - [24, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -43.8, 8.36, 70.2], - [25, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -42.66, 8.36, 78.56], - [26, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -41.52, 8.36, 86.92], - [27, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -40.38, 8.36, 95.29], - [28, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -39.24, 8.36, 103.65], - [29, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -38.1, 8.37, 112.02], - [30, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -36.96, 8.37, 120.39], + [1, 0.0, 0.0023, 0.0, 0.0, 1.14, -70.0, -70.0, -95.67, -95.67], + [2, 0.09, 0.0023, 0.012, 0.0, 1.14, 1.14, -68.86, 5.75, -89.92], + [3, 0.09, 0.0023, 0.012, 0.0, 1.14, 1.14, -67.72, 5.79, -84.14], + [4, 0.09, 0.0023, 0.012, 0.0, 1.14, 1.14, -66.59, 5.8, -78.34], + [5, 0.09, 0.0023, 0.012, 0.0, 1.14, 1.14, -65.45, 5.81, -72.53], + [6, 0.09, 0.0023, 0.012, 0.0, 1.14, 1.14, -64.31, 5.81, -66.72], + [7, 0.09, 0.0026, 0.012, 0.0, 1.14, 1.14, -63.17, 5.82, -60.9], + [8, 0.102, 0.003, 0.012, 0.0, 1.14, 1.14, -62.03, 6.33, -54.57], + [9, 0.114, 0.0033, 0.012, 0.0, 1.14, 1.14, -60.89, 6.84, -47.73], + [10, 0.126, 0.0036, 0.022, 0.0, 1.14, 1.14, -59.75, 7.36, -40.37], + [11, 0.138, 0.0039, 0.032, 0.0, 1.14, 1.14, -58.61, 7.87, -32.5], + [12, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -57.47, 8.38, -24.12], + [13, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -56.33, 8.39, -15.73], + [14, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -55.19, 8.39, -7.34], + [15, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -54.05, 8.39, 1.05], + [16, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -52.91, 8.39, 9.44], + [17, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -51.77, 8.4, 17.84], + [18, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -50.63, 8.4, 26.24], + [19, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -49.49, 8.4, 34.63], + [20, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -48.35, 8.4, 43.03], + [21, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -47.21, 8.4, 51.44], + [22, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -46.07, 8.4, 59.84], + [23, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -44.93, 8.4, 68.25], + [24, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -43.8, 8.41, 76.65], + [25, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -42.66, 8.41, 85.06], + [26, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -41.52, 8.41, 93.47], + [27, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -40.38, 8.41, 101.88], + [28, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -39.24, 8.41, 110.29], + [29, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -38.1, 8.41, 118.7], + [30, 0.15, 0.0039, 0.036, 0.0, 1.14, 1.14, -36.96, 8.41, 127.11], ], eep, )