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@softwareengineerprogrammer softwareengineerprogrammer commented May 15, 2025

Description

Addresses NREL#385

Requirements:

  1. Water loss 10-20%
  2. Casing size = 9.625 inches
  3. Minimum net electricity generation ≥ 500 MWe
  4. Drawdown requiring redrilling at 5-10 years: image
  5. LCOE ≤ $80/MWh ($78.20/MWh)
  6. Capex ≅ $4500/kW (~$4550/kW, depending on whether nominal 500MW net or actual 504 MWe minimum net generation is used)

Other changes:

  1. Real Discount Rate = 8% (higher than default 7%).
    1. TODO: this is intended to be equivalent to 8% inflated equity interest rate from BICYCLE, is this the appropriate mechanism/value?
  2. TODO: decide whether to retain ITC = 30%
  3. Starting electricity sale price = $120/MWh (down from $150/MWh)

Testing & Verification

https://gtp.scientificwebservices.com/geophires/?shared-geophires-result-id=826d7407-9133-4705-99fe-c297bb28fb2d

@softwareengineerprogrammer softwareengineerprogrammer changed the base branch from missing-percent-unit-fixes to main May 21, 2025 14:57
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Rebased and closed in favor of #74

@softwareengineerprogrammer softwareengineerprogrammer deleted the fervo-cape-station-500-mwe branch June 18, 2025 20:46
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