From 269aa89523908753c081e9b922a4bc532c52de7c Mon Sep 17 00:00:00 2001 From: Malcolm Ross Date: Wed, 10 Apr 2024 15:07:49 -0500 Subject: [PATCH] Implementing PTC and ITC more fully Adding test modules for PTC and IC Fixing unit tests --- src/geophires_x/Economics.py | 8 +- src/geophires_x_client/geophires_x_result.py | 2 +- ...Closed-Loop_Geothermal_Energy_Recovery.out | 441 +++++++++-------- tests/examples/example1.out | 431 ++++++++-------- tests/examples/example10_HP.out | 419 ++++++++-------- tests/examples/example11_AC.out | 431 ++++++++-------- tests/examples/example12_DH.out | 449 +++++++++-------- tests/examples/example13.out | 445 +++++++++-------- tests/examples/example1_addons.out | 433 ++++++++-------- tests/examples/example2.out | 389 ++++++++------- tests/examples/example3.out | 467 +++++++++--------- tests/examples/example4.out | 427 ++++++++-------- tests/examples/example5.out | 411 +++++++-------- tests/examples/example8.out | 419 ++++++++-------- tests/examples/example9.out | 435 ++++++++-------- tests/examples/example_ITC.out | 241 +++++++++ tests/examples/example_ITC.txt | 90 ++++ tests/examples/example_PTC.out | 240 +++++++++ tests/examples/example_SHR-1.out | 423 ++++++++-------- tests/examples/example_SHR-2.out | 423 ++++++++-------- tests/examples/example_multiple_gradients.out | 453 +++++++++-------- 21 files changed, 4144 insertions(+), 3333 deletions(-) create mode 100644 tests/examples/example_ITC.out create mode 100644 tests/examples/example_ITC.txt create mode 100644 tests/examples/example_PTC.out diff --git a/src/geophires_x/Economics.py b/src/geophires_x/Economics.py index a170d26d..fe6a9cf5 100644 --- a/src/geophires_x/Economics.py +++ b/src/geophires_x/Economics.py @@ -1314,10 +1314,6 @@ def __init__(self, model: Model): self.InputFile = "" self.Cplantcorrelation = 0.0 self.C1well = 0.0 - self.PTCElecPrice = [0.0] * model.surfaceplant.plant_lifetime.value - self.PTCHeatPrice = [0.0] * model.surfaceplant.plant_lifetime.value - self.PTCCoolingPrice = [0.0] * model.surfaceplant.plant_lifetime.value - self.PTCCarbonPrice = [0.0] * model.surfaceplant.plant_lifetime.value sclass = str(__class__).replace("", "") self.MyPath = os.path.abspath(__file__) @@ -2503,6 +2499,10 @@ def Calculate(self, model: Model) -> None: model.reserv.depth.CurrentUnits = LengthUnit.KILOMETERS # build the PTC price models + self.PTCElecPrice = [0.0] * model.surfaceplant.plant_lifetime.value + self.PTCHeatPrice = [0.0] * model.surfaceplant.plant_lifetime.value + self.PTCCoolingPrice = [0.0] * model.surfaceplant.plant_lifetime.value + self.PTCCarbonPrice = [0.0] * model.surfaceplant.plant_lifetime.value if self.PTCElec.Provided: self.PTCElecPrice = BuildPTCModel(model.surfaceplant.plant_lifetime.value, self.PTCDuration.value, self.PTCElec.value, self.PTCInflationAdjusted.value, diff --git a/src/geophires_x_client/geophires_x_result.py b/src/geophires_x_client/geophires_x_result.py index 3b99beee..315808a4 100644 --- a/src/geophires_x_client/geophires_x_result.py +++ b/src/geophires_x_client/geophires_x_result.py @@ -140,7 +140,7 @@ class GeophiresXResult: # TODO moved to power generation profile, parse from there # 'Annual Thermal Drawdown (%/year)', 'Bottom-hole temperature', - 'Well seperation: fracture height', # TODO correct typo upstream + 'Well separation: fracture height', 'Fracture area', 'Fracture width', 'Reservoir volume', 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 be0e876e..7079b5ea 100644 --- a/tests/examples/Wanju_Yuan_Closed-Loop_Geothermal_Energy_Recovery.out +++ b/tests/examples/Wanju_Yuan_Closed-Loop_Geothermal_Energy_Recovery.out @@ -4,235 +4,250 @@ Simulation Metadata ---------------------- -GEOPHIRES Version: 3.4.22 -GEOPHIRES Build Date: 2024-03-05 -Simulation Date: 2024-03-20 -Simulation Time: 17:54 -Calculation Time: 3.707 sec + GEOPHIRES Version: 3.4.16 + GEOPHIRES Build Date: 2024-03-05 + Simulation Date: 2024-03-06 + Simulation Time: 11:00 + Calculation Time: 1.692 sec ***SUMMARY OF RESULTS*** - End-Use Option : Electricity - Average Net Electricity Production : 1.10 MW - Electricity breakeven price : 120.05 cents/kWh - Number of production wells : 1 - Number of injection wells : 0 - Flowrate per production well : 110.0 kg/sec - Well depth (or total length, if not vertical): 13.0 kilometer - Geothermal gradient : 0.0262 °C/m + End-Use Option: Electricity + Average Net Electricity Production: 1.10 MW + Electricity breakeven price: 120.05 cents/kWh + Number of production wells: 1 + Number of injection wells: 0 + Flowrate per production well: 110.0 kg/sec + Well depth (or total length, if not vertical): 13.0 kilometer + Geothermal gradient: 0.0262 degC/m + ***ECONOMIC PARAMETERS*** - Economic Model : BICYCLE - Accrued financing during construction : 0.00 - Project lifetime : 40 yr - Capacity factor : 90.0 % - Project NPV : -134.74 MUSD - Project IRR : 0.00 % - Project VIR=PI=PIR : -0.06 - Project MOIC : -0.89 - Project Payback Period : N/A - - ***ENGINEERING PARAMETERS*** - - Number of Production Wells : 1 - Number of Injection Wells : 0 - Well depth (or total length, if not vertical): 13.0 kilometer - Water loss rate : 0.0 - Pump efficiency : 80.0 - Injection temperature : 60.0 °C - User-provided production well temperature drop: - Constant production well temperature drop : 0.0 °C - Flowrate per production well : 110.0 kg/sec - Injection well casing ID : 8.000 in - Production well casing ID : 8.000 in - Number of times redrilling : 0 - Power plant type : Subcritical ORC - - ***RESOURCE CHARACTERISTICS*** - - Maximum reservoir temperature : 375.0 °C - Number of segments : 1 - Geothermal gradient : 0.0262 °C/m + Economic Model = BICYCLE + Accrued financing during construction: 0.00 + Project lifetime: 40 yr + Capacity factor: 90.0 % + Project NPV: -134.74 MUSD + Project IRR: 0.00 % + Project VIR=PI=PIR: -0.06 + Project MOIC: -0.89 + Project Payback Period: N/A + + ***ENGINEERING PARAMETERS*** + + Number of Production Wells: 1 + Number of Injection Wells: 0 + Well depth (or total length, if not vertical): 13.0 kilometer + Water loss rate: 0.0 + Pump efficiency: 80.0 + Injection temperature: 60.0 degC + User-provided production well temperature drop + Constant production well temperature drop: 0.0 degC + Flowrate per production well: 110.0 kg/sec + Injection well casing ID: 8.000 in + Production well casing ID: 8.000 in + Number of times redrilling: 0 + Power plant type: Subcritical ORC + + + ***RESOURCE CHARACTERISTICS*** + + Maximum reservoir temperature: 375.0 degC + Number of segments: 1 + Geothermal gradient: 0.0262 degC/m + ***RESERVOIR PARAMETERS*** - The AGS models contain an intrinsic reservoir model that doesn't expose values that can be used in extensive reporting.: +The AGS models contain an intrinsic reservoir model that doesn't expose values that can be used in extensive reporting. + + + ***RESERVOIR SIMULATION RESULTS*** + + Maximum Production Temperature: 120.1 degC + Average Production Temperature: 106.7 degC + Minimum Production Temperature: 102.1 degC + Initial Production Temperature: 120.0 degC +The AGS models contain an intrinsic reservoir model that doesn't expose values that can be used in extensive reporting. + - ***RESERVOIR STIMULATION RESULTS*** + ***CAPITAL COSTS (M$)*** - Maximum Production Temperature : 120.1 °C - Average Production Temperature : 106.7 °C - Minimum Production Temperature : 102.1 °C - Initial Production Temperature : 120.0 °C - The AGS models contain an intrinsic reservoir model that doesn't expose values that can be used in extensive reporting.: + Drilling and completion costs: 68.08 MUSD + Drilling and completion costs per well: 68.08 MUSD + Stimulation costs: 0.00 MUSD + Surface power plant costs: 6.74 MUSD + Field gathering system costs: 0.51 MUSD + Total surface equipment costs: 7.24 MUSD + Exploration costs: 51.40 MUSD + Total capital costs: 126.72 MUSD - ***CAPITAL COSTS*** - Drilling and completion costs : 68.08 MUSD - Drilling and completion costs per well : 68.08 MUSD - Stimulation costs : 0.00 MUSD - Surface power plant costs : 6.74 MUSD - Field gathering system costs : 0.51 MUSD - Total surface equipment costs : 7.24 MUSD - Exploration costs : 51.40 MUSD - Total capital costs : 126.72 MUSD + ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** - ***OPERATING AND MAINTENANCE COSTS*** + Wellfield maintenance costs: 0.75 MUSD/yr + Power plant maintenance costs: 0.30 MUSD/yr + Water costs: 0.00 MUSD/yr + Total operating and maintenance costs: 1.05 MUSD/yr - Wellfield maintenance costs : 0.75 MUSD/yr - Power plant maintenance costs : 0.30 MUSD/yr - Water costs : 0.00 MUSD/yr - Total operating and maintenance costs : 1.05 MUSD/yr ***SURFACE EQUIPMENT SIMULATION RESULTS*** - Initial geofluid availability : 0.06 MW/(kg/s) - Maximum Total Electricity Generation : 1.67 MW - Average Total Electricity Generation : 1.11 MW - Minimum Total Electricity Generation : 0.94 MW - Initial Total Electricity Generation : 1.66 MW - Maximum Net Electricity Generation : 1.66 MW - Average Net Electricity Generation : 1.10 MW - Minimum Net Electricity Generation : 0.94 MW - Initial Net Electricity Generation : 1.66 MW - Average Annual Total Electricity Generation : 0.00 GWh - Average Annual Net Electricity Generation : 0.00 GWh - Initial pumping power/net installed power : 0.21 % - Average Pumping Power : 0.00 MW - - *************************************************************** + Initial geofluid availability: 0.06 MW/(kg/s) + Maximum Total Electricity Generation: 1.67 MW + Average Total Electricity Generation: 1.11 MW + Minimum Total Electricity Generation: 0.94 MW + Initial Total Electricity Generation: 1.66 MW + Maximum Net Electricity Generation: 1.66 MW + Average Net Electricity Generation: 1.10 MW + Minimum Net Electricity Generation: 0.94 MW + Initial Net Electricity Generation: 1.66 MW + Average Annual Total Electricity Generation: 8.64 GWh + Average Annual Net Electricity Generation: 8.62 GWh + Initial pumping power/net installed power: 0.21 % + Average Pumping Power: 0.00 MW + + ************************************************************ * HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * - *************************************************************** - Year Thermal Drawdown (%) Geofluid Temperature (°C) Pump Power (MW) Net Power (MW) First Law Efficiency (%) - 1 1.0000 120.00 0.0034 1.6611 6.2250 - 2 0.9302 111.62 0.0035 1.2897 5.6178 - 3 0.9187 110.24 0.0035 1.2342 5.5235 - 4 0.9121 109.45 0.0035 1.2029 5.4699 - 5 0.9074 108.89 0.0035 1.1813 5.4328 - 6 0.9039 108.46 0.0035 1.1649 5.4044 - 7 0.9010 108.12 0.0035 1.1516 5.3816 - 8 0.8985 107.83 0.0035 1.1406 5.3625 - 9 0.8965 107.58 0.0035 1.1312 5.3461 - 10 0.8946 107.36 0.0035 1.1230 5.3318 - 11 0.8930 107.16 0.0035 1.1157 5.3191 - 12 0.8915 106.98 0.0035 1.1091 5.3077 - 13 0.8902 106.82 0.0035 1.1032 5.2974 - 14 0.8890 106.68 0.0035 1.0978 5.2879 - 15 0.8879 106.54 0.0035 1.0928 5.2793 - 16 0.8868 106.42 0.0035 1.0882 5.2712 - 17 0.8858 106.30 0.0035 1.0839 5.2637 - 18 0.8849 106.19 0.0035 1.0799 5.2567 - 19 0.8841 106.09 0.0035 1.0762 5.2502 - 20 0.8833 105.99 0.0035 1.0727 5.2440 - 21 0.8825 105.90 0.0035 1.0693 5.2381 - 22 0.8818 105.81 0.0035 1.0662 5.2326 - 23 0.8811 105.73 0.0035 1.0632 5.2273 - 24 0.8804 105.65 0.0035 1.0603 5.2223 - 25 0.8798 105.58 0.0035 1.0576 5.2176 - 26 0.8792 105.50 0.0035 1.0550 5.2130 - 27 0.8786 105.43 0.0035 1.0525 5.2086 - 28 0.8781 105.37 0.0035 1.0501 5.2044 - 29 0.8775 105.30 0.0035 1.0478 5.2004 - 30 0.8770 105.24 0.0035 1.0456 5.1965 - 31 0.8765 105.18 0.0035 1.0435 5.1928 - 32 0.8761 105.13 0.0035 1.0415 5.1892 - 33 0.8756 105.07 0.0035 1.0395 5.1857 - 34 0.8751 105.02 0.0035 1.0376 5.1823 - 35 0.8747 104.97 0.0035 1.0357 5.1791 - 36 0.8743 104.91 0.0035 1.0339 5.1759 - 37 0.8739 104.87 0.0035 1.0322 5.1729 - 38 0.8735 104.82 0.0035 1.0305 5.1699 - 39 0.8731 104.77 0.0035 1.0289 5.1670 - 40 0.8727 104.73 0.0035 1.0273 5.1642 - - *************************************************************** - *ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE* - *************************************************************** - Year Electricity Provided (kWh) Heat Extracted(GW/yr) Reservoir Heat Content (MW) Percentage of Total Heat Mined (%) - 1 12.1 200.52 32.78 2.15 - 2 9.5 173.84 32.16 4.02 - 3 9.8 177.47 31.52 5.93 - 4 9.2 170.35 30.91 7.76 - 5 9.4 172.21 30.29 9.61 - 6 9.0 168.05 29.68 11.42 - 7 9.1 169.23 29.07 13.23 - 8 8.9 166.38 28.47 15.02 - 9 8.9 167.17 27.87 16.82 - 10 8.8 165.07 27.28 18.59 - 11 8.8 165.59 26.68 20.37 - 12 8.7 164.00 26.09 22.13 - 13 8.7 164.32 25.50 23.90 - 14 8.6 163.11 24.91 25.65 - 15 8.6 163.24 24.32 27.40 - 16 8.5 162.34 23.74 29.15 - 17 8.5 162.32 23.16 30.89 - 18 8.5 161.68 22.57 32.63 - 19 8.5 161.50 21.99 34.36 - 20 8.4 161.09 21.41 36.10 - 21 8.4 160.76 20.83 37.82 - 22 8.4 160.57 20.26 39.55 - 23 8.4 160.08 19.68 41.27 - 24 8.4 160.12 19.10 42.99 - 25 8.3 159.45 18.53 44.70 - 26 8.3 159.72 17.95 46.42 - 27 8.3 158.85 17.38 48.12 - 28 8.3 159.38 16.81 49.84 - 29 8.2 158.26 16.24 51.54 - 30 8.3 159.11 15.67 53.25 - 31 8.2 157.66 15.10 54.94 - 32 8.3 158.92 14.53 56.65 - 33 8.1 157.01 13.96 58.33 - 34 8.3 158.87 13.39 60.04 - 35 8.1 156.22 12.83 61.72 - 36 8.3 159.11 12.25 63.43 - 37 8.0 154.97 11.70 65.10 - 38 8.4 160.34 11.12 66.82 - 39 7.7 151.17 10.57 68.44 - 40 7.5 134.37 10.09 69.89 - - *************************************************************** - * REVENUE & CASHFLOW PROFILE * - *************************************************************** - Year Electricity:Price (USD/kWh) Electricity:Ann. Rev. (MUSD/yr) Electricity:Cumm. Rev. (MUSD) Heat:Price (USD/kWh) Heat:Ann. Rev. (MUSD/yr) Heat:Cumm. Rev. (MUSD) Cooling:Price (USD/kWh) Cooling:Ann. Rev. (MUSD/yr) Cooling:Cumm. Rev. (MUSD) Carbon:Price (USD/tonne) Carbon:Ann. Rev. (MUSD/yr) Carbon:Cumm. Rev. (MUSD) Project:OPEX (MUSD/yr) Project:Net Rev. (MUSD/yr) Project:Net Cashflow (MUSD) - 1 0.0000 -126.72 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.00 -126.72 -126.72 - 2 0.0550 -0.38 0.66 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.38 -127.10 - 3 0.0550 -0.52 1.19 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.52 -127.62 - 4 0.0550 -0.50 1.73 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.50 -128.13 - 5 0.0550 -0.54 2.24 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.54 -128.67 - 6 0.0550 -0.53 2.75 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.53 -129.20 - 7 0.0550 -0.55 3.25 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.55 -129.75 - 8 0.0550 -0.54 3.75 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.54 -130.29 - 9 0.0550 -0.56 4.24 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.56 -130.85 - 10 0.0550 -0.55 4.73 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.55 -131.41 - 11 0.0550 -0.56 5.21 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.56 -131.97 - 12 0.0550 -0.56 5.70 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.56 -132.53 - 13 0.0550 -0.57 6.18 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.57 -133.10 - 14 0.0550 -0.57 6.66 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.57 -133.67 - 15 0.0550 -0.57 7.13 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.57 -134.24 - 16 0.0550 -0.57 7.60 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.57 -134.81 - 17 0.0550 -0.58 8.07 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.58 -135.39 - 18 0.0550 -0.58 8.54 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.58 -135.97 - 19 0.0550 -0.58 9.01 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.58 -136.55 - 20 0.0550 -0.58 9.48 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.58 -137.13 - 21 0.0550 -0.58 9.94 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.58 -137.71 - 22 0.0550 -0.58 10.40 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.58 -138.29 - 23 0.0550 -0.58 10.87 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.58 -138.88 - 24 0.0550 -0.59 11.33 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.59 -139.46 - 25 0.0550 -0.59 11.79 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.59 -140.05 - 26 0.0550 -0.59 12.24 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.59 -140.64 - 27 0.0550 -0.59 12.70 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.59 -141.23 - 28 0.0550 -0.59 13.16 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.59 -141.82 - 29 0.0550 -0.59 13.61 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.59 -142.41 - 30 0.0550 -0.59 14.06 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.59 -143.00 - 31 0.0550 -0.59 14.52 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.59 -143.60 - 32 0.0550 -0.60 14.97 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.60 -144.19 - 33 0.0550 -0.59 15.42 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.59 -144.78 - 34 0.0550 -0.60 15.87 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.60 -145.38 - 35 0.0550 -0.59 16.32 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.59 -145.98 - 36 0.0550 -0.60 16.77 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.60 -146.58 - 37 0.0550 -0.59 17.22 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.59 -147.17 - 38 0.0550 -0.61 17.66 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.61 -147.78 - 39 0.0550 -0.59 18.12 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.59 -148.37 - 40 0.0550 -0.63 18.54 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.63 -148.99 - 41 0.0550 -0.63 18.96 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.05 -0.63 -149.62 + ************************************************************ + YEAR THERMAL GEOFLUID PUMP NET FIRST LAW + DRAWDOWN TEMPERATURE POWER POWER EFFICIENCY + (degC) (MW) (MW) (%) + 1 1.0000 120.00 0.0034 1.6611 6.2250 + 2 0.9302 111.62 0.0035 1.2897 5.6178 + 3 0.9187 110.24 0.0035 1.2342 5.5235 + 4 0.9121 109.45 0.0035 1.2029 5.4699 + 5 0.9074 108.89 0.0035 1.1813 5.4328 + 6 0.9039 108.46 0.0035 1.1649 5.4044 + 7 0.9010 108.12 0.0035 1.1516 5.3816 + 8 0.8985 107.83 0.0035 1.1406 5.3625 + 9 0.8965 107.58 0.0035 1.1312 5.3461 + 10 0.8946 107.36 0.0035 1.1230 5.3318 + 11 0.8930 107.16 0.0035 1.1157 5.3191 + 12 0.8915 106.98 0.0035 1.1091 5.3077 + 13 0.8902 106.82 0.0035 1.1032 5.2974 + 14 0.8890 106.68 0.0035 1.0978 5.2879 + 15 0.8879 106.54 0.0035 1.0928 5.2793 + 16 0.8868 106.42 0.0035 1.0882 5.2712 + 17 0.8858 106.30 0.0035 1.0839 5.2637 + 18 0.8849 106.19 0.0035 1.0799 5.2567 + 19 0.8841 106.09 0.0035 1.0762 5.2502 + 20 0.8833 105.99 0.0035 1.0727 5.2440 + 21 0.8825 105.90 0.0035 1.0693 5.2381 + 22 0.8818 105.81 0.0035 1.0662 5.2326 + 23 0.8811 105.73 0.0035 1.0632 5.2273 + 24 0.8804 105.65 0.0035 1.0603 5.2223 + 25 0.8798 105.58 0.0035 1.0576 5.2176 + 26 0.8792 105.50 0.0035 1.0550 5.2130 + 27 0.8786 105.43 0.0035 1.0525 5.2086 + 28 0.8781 105.37 0.0035 1.0501 5.2044 + 29 0.8775 105.30 0.0035 1.0478 5.2004 + 30 0.8770 105.24 0.0035 1.0456 5.1965 + 31 0.8765 105.18 0.0035 1.0435 5.1928 + 32 0.8761 105.13 0.0035 1.0415 5.1892 + 33 0.8756 105.07 0.0035 1.0395 5.1857 + 34 0.8751 105.02 0.0035 1.0376 5.1823 + 35 0.8747 104.97 0.0035 1.0357 5.1791 + 36 0.8743 104.91 0.0035 1.0339 5.1759 + 37 0.8739 104.87 0.0035 1.0322 5.1729 + 38 0.8735 104.82 0.0035 1.0305 5.1699 + 39 0.8731 104.77 0.0035 1.0289 5.1670 + 40 0.8727 104.73 0.0035 1.0273 5.1642 + + + ******************************************************************* + * ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * + ******************************************************************* + YEAR ELECTRICITY HEAT RESERVOIR PERCENTAGE OF + PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED + (GWh/year) (GWh/year) (10^15 J) (%) + 1 12.1 200.5 32.78 2.15 + 2 9.5 173.8 32.16 4.02 + 3 9.8 177.5 31.52 5.93 + 4 9.2 170.3 30.91 7.76 + 5 9.4 172.2 30.29 9.61 + 6 9.0 168.1 29.68 11.42 + 7 9.1 169.2 29.07 13.23 + 8 8.9 166.4 28.47 15.02 + 9 8.9 167.2 27.87 16.82 + 10 8.8 165.1 27.28 18.59 + 11 8.8 165.6 26.68 20.37 + 12 8.7 164.0 26.09 22.13 + 13 8.7 164.3 25.50 23.90 + 14 8.6 163.1 24.91 25.65 + 15 8.6 163.2 24.32 27.40 + 16 8.5 162.3 23.74 29.15 + 17 8.5 162.3 23.16 30.89 + 18 8.5 161.7 22.57 32.63 + 19 8.5 161.5 21.99 34.36 + 20 8.4 161.1 21.41 36.10 + 21 8.4 160.8 20.83 37.82 + 22 8.4 160.6 20.26 39.55 + 23 8.4 160.1 19.68 41.27 + 24 8.4 160.1 19.10 42.99 + 25 8.3 159.4 18.53 44.70 + 26 8.3 159.7 17.95 46.42 + 27 8.3 158.8 17.38 48.12 + 28 8.3 159.4 16.81 49.84 + 29 8.2 158.3 16.24 51.54 + 30 8.3 159.1 15.67 53.25 + 31 8.2 157.7 15.10 54.94 + 32 8.3 158.9 14.53 56.65 + 33 8.1 157.0 13.96 58.33 + 34 8.3 158.9 13.39 60.04 + 35 8.1 156.2 12.83 61.72 + 36 8.3 159.1 12.25 63.43 + 37 8.0 155.0 11.70 65.10 + 38 8.4 160.3 11.12 66.82 + 39 7.7 151.2 10.57 68.44 + 40 7.5 134.4 10.09 69.89 + + + ******************************** + * REVENUE & CASHFLOW PROFILE * + ******************************** +Year Electricity | Heat | Cooling | Carbon | Project +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/tonne) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD) +________________________________________________________________________________________________________________________________________________________________________________________ + 1 0.00 -126.72 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -126.72 -126.72 + 2 5.50 -0.38 0.66 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.38 -127.10 + 3 5.50 -0.52 1.19 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.52 -127.62 + 4 5.50 -0.50 1.73 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.50 -128.13 + 5 5.50 -0.54 2.24 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.54 -128.67 + 6 5.50 -0.53 2.75 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.53 -129.20 + 7 5.50 -0.55 3.25 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.55 -129.75 + 8 5.50 -0.54 3.75 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.54 -130.29 + 9 5.50 -0.56 4.24 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.56 -130.85 + 10 5.50 -0.55 4.73 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.55 -131.41 + 11 5.50 -0.56 5.21 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.56 -131.97 + 12 5.50 -0.56 5.70 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.56 -132.53 + 13 5.50 -0.57 6.18 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.57 -133.10 + 14 5.50 -0.57 6.66 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.57 -133.67 + 15 5.50 -0.57 7.13 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.57 -134.24 + 16 5.50 -0.57 7.60 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.57 -134.81 + 17 5.50 -0.58 8.07 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.58 -135.39 + 18 5.50 -0.58 8.54 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.58 -135.97 + 19 5.50 -0.58 9.01 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.58 -136.55 + 20 5.50 -0.58 9.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.58 -137.13 + 21 5.50 -0.58 9.94 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.58 -137.71 + 22 5.50 -0.58 10.40 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.58 -138.29 + 23 5.50 -0.58 10.87 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.58 -138.88 + 24 5.50 -0.59 11.33 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.59 -139.46 + 25 5.50 -0.59 11.79 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.59 -140.05 + 26 5.50 -0.59 12.24 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.59 -140.64 + 27 5.50 -0.59 12.70 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.59 -141.23 + 28 5.50 -0.59 13.16 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.59 -141.82 + 29 5.50 -0.59 13.61 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.59 -142.41 + 30 5.50 -0.59 14.06 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.59 -143.00 + 31 5.50 -0.59 14.52 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.59 -143.60 + 32 5.50 -0.60 14.97 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.60 -144.19 + 33 5.50 -0.59 15.42 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.59 -144.78 + 34 5.50 -0.60 15.87 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.60 -145.38 + 35 5.50 -0.59 16.32 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.59 -145.98 + 36 5.50 -0.60 16.77 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.60 -146.58 + 37 5.50 -0.59 17.22 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.59 -147.17 + 38 5.50 -0.61 17.66 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.61 -147.78 + 39 5.50 -0.59 18.12 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.59 -148.37 + 40 5.50 -0.63 18.54 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.05 -0.63 -148.99 diff --git a/tests/examples/example1.out b/tests/examples/example1.out index fc934734..3bc186eb 100644 --- a/tests/examples/example1.out +++ b/tests/examples/example1.out @@ -4,224 +4,239 @@ Simulation Metadata ---------------------- -GEOPHIRES Version: 3.4.22 -GEOPHIRES Build Date: 2024-03-05 -Simulation Date: 2024-03-20 -Simulation Time: 16:48 -Calculation Time: 1.740 sec + GEOPHIRES Version: 3.4.21 + GEOPHIRES Build Date: 2024-03-05 + Simulation Date: 2024-03-12 + Simulation Time: 07:20 + Calculation Time: 0.618 sec ***SUMMARY OF RESULTS*** - End-Use Option : Electricity - Average Net Electricity Production : 5.37 MW - Electricity breakeven price : 9.65 cents/kWh - Number of production wells : 2 - Number of injection wells : 2 - Flowrate per production well : 55.0 kg/sec - Well depth (or total length, if not vertical): 3.0 kilometer - Geothermal gradient : 0.0500 °C/m + End-Use Option: Electricity + Average Net Electricity Production: 5.37 MW + Electricity breakeven price: 9.65 cents/kWh + Number of production wells: 2 + Number of injection wells: 2 + Flowrate per production well: 55.0 kg/sec + Well depth (or total length, if not vertical): 3.0 kilometer + Geothermal gradient: 0.0500 degC/m + ***ECONOMIC PARAMETERS*** - Economic Model : Fixed Charge Rate (FCR) - Fixed Charge Rate (FCR) : 5.00 - Accrued financing during construction : 0.00 - Project lifetime : 30 yr - Capacity factor : 90.0 % - Project NPV : -41.01 MUSD - Project IRR : -3.84 % - Project VIR=PI=PIR : 0.23 - Project MOIC : -0.27 - Project Payback Period : N/A - - ***ENGINEERING PARAMETERS*** - - Number of Production Wells : 2 - Number of Injection Wells : 2 - Well depth (or total length, if not vertical): 3.0 kilometer - Water loss rate : 2.0 - Pump efficiency : 80.0 - Injection temperature : 50.0 °C - Production Wellbore heat transmission calculated with Rameys model: - Average production well temperature drop : 3.0 °C - Flowrate per production well : 55.0 kg/sec - Injection well casing ID : 7.000 in - Production well casing ID : 7.000 in - Number of times redrilling : 0 - Power plant type : Supercritical ORC - - ***RESOURCE CHARACTERISTICS*** - - Maximum reservoir temperature : 400.0 °C - Number of segments : 1 - Geothermal gradient : 0.0500 °C/m + Economic Model = Fixed Charge Rate (FCR) + Fixed Charge Rate (FCR): 5.00 + Accrued financing during construction: 0.00 + Project lifetime: 30 yr + Capacity factor: 90.0 % + Project NPV: -41.01 MUSD + Project IRR: -3.84 % + Project VIR=PI=PIR: 0.23 + Project MOIC: -0.27 + Project Payback Period: N/A + + ***ENGINEERING PARAMETERS*** + + Number of Production Wells: 2 + Number of Injection Wells: 2 + Well depth (or total length, if not vertical): 3.0 kilometer + Water loss rate: 2.0 + Pump efficiency: 80.0 + Injection temperature: 50.0 degC + Production Wellbore heat transmission calculated with Ramey's model + Average production well temperature drop: 3.0 degC + Flowrate per production well: 55.0 kg/sec + Injection well casing ID: 7.000 in + Production well casing ID: 7.000 in + Number of times redrilling: 0 + Power plant type: Supercritical ORC + + + ***RESOURCE CHARACTERISTICS*** + + Maximum reservoir temperature: 400.0 degC + Number of segments: 1 + Geothermal gradient: 0.0500 degC/m + ***RESERVOIR PARAMETERS*** - Reservoir Model : Multiple Parallel Fractures Model - Bottom-hole temperature : 170.00 °C - Fracture model : Square - Well separation: fracture height : 900.00 meter - Fracture area : 810000.00 m² - Reservoir volume : 1000000000 m³ - Reservoir hydrostatic pressure : 29430.21 kPa - Plant outlet pressure : 1067.94 kPa - Production wellhead pressure : 1136.89 kPa - Productivity Index : 5.00 kg/sec/bar - Injectivity Index : 5.00 kg/sec/bar - Reservoir density : 2700.00 kg/m³ - Reservoir thermal conductivity : 2.70 W/m/K - Reservoir heat capacity : 1000.00 J/kg/K - - ***RESERVOIR STIMULATION RESULTS*** - - Maximum Production Temperature : 167.2 °C - Average Production Temperature : 167.0 °C - Minimum Production Temperature : 165.2 °C - Initial Production Temperature : 165.2 °C - Average Reservoir Heat Extraction : 52.38 MW - Production Wellbore Heat Transmission Model : Ramey Model - Average Production Well Temperature Drop : 3.0 °C - Average Injection Well Pump Pressure Drop : 219.1 kPa - Average Production Well Pump Pressure Drop : 1248.2 kPa - - ***CAPITAL COSTS*** - - Drilling and completion costs : 21.95 MUSD - Drilling and completion costs per well : 5.49 MUSD - Stimulation costs : 3.02 MUSD - Surface power plant costs : 20.78 MUSD - Field gathering system costs : 2.32 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 - - ***OPERATING AND MAINTENANCE COSTS*** - - Wellfield maintenance costs : 0.44 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 + Reservoir Model = Multiple Parallel Fractures Model + Bottom-hole temperature: 170.00 degC + Fracture model = Square + Well separation: fracture height: 900.00 meter + Fracture area: 810000.00 m**2 + Reservoir volume: 1000000000 m**3 + Reservoir hydrostatic pressure: 29430.21 kPa + Plant outlet pressure: 1067.94 kPa + Production wellhead pressure: 1136.89 kPa + Productivity Index: 5.00 kg/sec/bar + Injectivity Index: 5.00 kg/sec/bar + Reservoir density: 2700.00 kg/m**3 + Reservoir thermal conductivity: 2.70 W/m/K + Reservoir heat capacity: 1000.00 J/kg/K + + + ***RESERVOIR SIMULATION RESULTS*** + + Maximum Production Temperature: 167.2 degC + Average Production Temperature: 167.0 degC + Minimum Production Temperature: 165.2 degC + Initial Production Temperature: 165.2 degC + Average Reservoir Heat Extraction: 52.38 MW + Production Wellbore Heat Transmission Model = Ramey Model + Average Production Well Temperature Drop: 3.0 degC + Average Injection Well Pump Pressure Drop: 219.1 kPa + Average Production Well Pump Pressure Drop: 1248.2 kPa + + + ***CAPITAL COSTS (M$)*** + + Drilling and completion costs: 21.95 MUSD + Drilling and completion costs per well: 5.49 MUSD + Stimulation costs: 3.02 MUSD + Surface power plant costs: 20.78 MUSD + Field gathering system costs: 2.32 MUSD + Total surface equipment costs: 23.10 MUSD + Exploration costs: 5.33 MUSD + Total capital costs: 53.39 MUSD + Annualized capital costs: 2.67 MUSD + + + ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** + + Wellfield maintenance costs: 0.44 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 + ***SURFACE EQUIPMENT SIMULATION RESULTS*** - Initial geofluid availability : 0.11 MW/(kg/s) - Maximum Total Electricity Generation : 5.61 MW - Average Total Electricity Generation : 5.58 MW - Minimum Total Electricity Generation : 5.41 MW - Initial Total Electricity Generation : 5.41 MW - Maximum Net Electricity Generation : 5.40 MW - Average Net Electricity Generation : 5.37 MW - Minimum Net Electricity Generation : 5.20 MW - Initial Net Electricity Generation : 5.20 MW - Average Annual Total Electricity Generation : 0.00 GWh - Average Annual Net Electricity Generation : 0.00 GWh - Initial pumping power/net installed power : 4.12 % - Average Pumping Power : 0.21 MW - - *************************************************************** + Initial geofluid availability: 0.11 MW/(kg/s) + Maximum Total Electricity Generation: 5.61 MW + Average Total Electricity Generation: 5.58 MW + Minimum Total Electricity Generation: 5.41 MW + Initial Total Electricity Generation: 5.41 MW + Maximum Net Electricity Generation: 5.40 MW + Average Net Electricity Generation: 5.37 MW + Minimum Net Electricity Generation: 5.20 MW + Initial Net Electricity Generation: 5.20 MW + Average Annual Total Electricity Generation: 43.78 GWh + Average Annual Net Electricity Generation: 42.11 GWh + Initial pumping power/net installed power: 4.12 % + Average Pumping Power: 0.21 MW + + ************************************************************ * HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * - *************************************************************** - Year Thermal Drawdown (%) Geofluid Temperature (°C) Pump Power (MW) Net Power (MW) First Law Efficiency (%) - 1 1.0000 165.24 0.2141 5.1987 10.0742 - 2 1.0058 166.19 0.2133 5.2932 10.1734 - 3 1.0074 166.47 0.2130 5.3205 10.2019 - 4 1.0083 166.61 0.2129 5.3347 10.2167 - 5 1.0088 166.70 0.2128 5.3441 10.2265 - 6 1.0093 166.77 0.2128 5.3511 10.2337 - 7 1.0096 166.83 0.2127 5.3566 10.2394 - 8 1.0099 166.87 0.2127 5.3611 10.2441 - 9 1.0101 166.91 0.2127 5.3649 10.2480 - 10 1.0103 166.94 0.2126 5.3682 10.2514 - 11 1.0105 166.97 0.2126 5.3710 10.2543 - 12 1.0106 167.00 0.2126 5.3736 10.2570 - 13 1.0108 167.02 0.2126 5.3759 10.2594 - 14 1.0109 167.04 0.2126 5.3779 10.2615 - 15 1.0110 167.06 0.2125 5.3798 10.2635 - 16 1.0111 167.08 0.2125 5.3816 10.2653 - 17 1.0112 167.09 0.2125 5.3832 10.2669 - 18 1.0113 167.11 0.2125 5.3847 10.2685 - 19 1.0114 167.12 0.2125 5.3861 10.2699 - 20 1.0115 167.14 0.2125 5.3874 10.2713 - 21 1.0115 167.15 0.2125 5.3886 10.2726 - 22 1.0116 167.16 0.2125 5.3898 10.2738 - 23 1.0117 167.17 0.2125 5.3909 10.2749 - 24 1.0117 167.18 0.2124 5.3920 10.2760 - 25 1.0118 167.19 0.2124 5.3929 10.2770 - 26 1.0118 167.20 0.2124 5.3939 10.2780 - 27 1.0119 167.21 0.2124 5.3948 10.2789 - 28 1.0119 167.22 0.2124 5.3956 10.2798 - 29 1.0120 167.23 0.2124 5.3965 10.2806 - 30 1.0120 167.23 0.2124 5.3972 10.2814 - - *************************************************************** - *ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE* - *************************************************************** - Year Electricity Provided (kWh) Heat Extracted(GW/yr) Reservoir Heat Content (MW) Percentage of Total Heat Mined (%) - 1 41.4 408.71 322.53 0.45 - 2 41.9 410.75 321.05 0.91 - 3 42.0 411.44 319.57 1.37 - 4 42.1 411.84 318.09 1.83 - 5 42.2 412.13 316.60 2.28 - 6 42.2 412.35 315.12 2.74 - 7 42.2 412.52 313.63 3.20 - 8 42.3 412.67 312.15 3.66 - 9 42.3 412.79 310.66 4.12 - 10 42.3 412.90 309.17 4.58 - 11 42.4 412.99 307.69 5.03 - 12 42.4 413.08 306.20 5.49 - 13 42.4 413.16 304.71 5.95 - 14 42.4 413.23 303.23 6.41 - 15 42.4 413.29 301.74 6.87 - 16 42.4 413.35 300.25 7.33 - 17 42.4 413.40 298.76 7.79 - 18 42.5 413.45 297.27 8.25 - 19 42.5 413.50 295.78 8.71 - 20 42.5 413.55 294.30 9.17 - 21 42.5 413.59 292.81 9.63 - 22 42.5 413.63 291.32 10.09 - 23 42.5 413.67 289.83 10.55 - 24 42.5 413.70 288.34 11.01 - 25 42.5 413.74 286.85 11.47 - 26 42.5 413.77 285.36 11.93 - 27 42.5 413.80 283.87 12.39 - 28 42.5 413.83 282.38 12.85 - 29 42.5 413.86 280.89 13.31 - 30 35.5 344.90 279.65 13.69 - - *************************************************************** - * REVENUE & CASHFLOW PROFILE * - *************************************************************** - Year Electricity:Price (USD/kWh) Electricity:Ann. Rev. (MUSD/yr) Electricity:Cumm. Rev. (MUSD) Heat:Price (USD/kWh) Heat:Ann. Rev. (MUSD/yr) Heat:Cumm. Rev. (MUSD) Cooling:Price (USD/kWh) Cooling:Ann. Rev. (MUSD/yr) Cooling:Cumm. Rev. (MUSD) Carbon:Price (USD/tonne) Carbon:Ann. Rev. (MUSD/yr) Carbon:Cumm. Rev. (MUSD) Project:OPEX (MUSD/yr) Project:Net Rev. (MUSD/yr) Project:Net Cashflow (MUSD) - 1 0.0000 -53.39 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.00 -53.39 -53.39 - 2 0.0550 0.88 2.28 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.88 -52.50 - 3 0.0550 0.91 4.58 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.91 -51.60 - 4 0.0550 0.92 6.89 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.92 -50.68 - 5 0.0550 0.92 9.20 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.92 -49.76 - 6 0.0550 0.92 11.52 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.92 -48.84 - 7 0.0550 0.93 13.85 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.93 -47.91 - 8 0.0550 0.93 16.17 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.93 -46.98 - 9 0.0550 0.93 18.49 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.93 -46.05 - 10 0.0550 0.93 20.82 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.93 -45.12 - 11 0.0550 0.93 23.15 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.93 -44.19 - 12 0.0550 0.93 25.48 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.93 -43.25 - 13 0.0550 0.94 27.81 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.94 -42.32 - 14 0.0550 0.94 30.14 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.94 -41.38 - 15 0.0550 0.94 32.47 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.94 -40.44 - 16 0.0550 0.94 34.81 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.94 -39.50 - 17 0.0550 0.94 37.14 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.94 -38.56 - 18 0.0550 0.94 39.48 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.94 -37.62 - 19 0.0550 0.94 41.81 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.94 -36.68 - 20 0.0550 0.94 44.15 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.94 -35.74 - 21 0.0550 0.94 46.48 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.94 -34.80 - 22 0.0550 0.94 48.82 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.94 -33.86 - 23 0.0550 0.94 51.16 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.94 -32.92 - 24 0.0550 0.94 53.50 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.94 -31.98 - 25 0.0550 0.94 55.83 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.94 -31.03 - 26 0.0550 0.94 58.17 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.94 -30.09 - 27 0.0550 0.94 60.51 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.94 -29.14 - 28 0.0550 0.94 62.85 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.94 -28.20 - 29 0.0550 0.94 65.19 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.94 -27.26 - 30 0.0550 0.95 67.53 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.95 -26.31 - 31 0.0550 0.56 69.48 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.40 0.56 -25.75 + ************************************************************ + YEAR THERMAL GEOFLUID PUMP NET FIRST LAW + DRAWDOWN TEMPERATURE POWER POWER EFFICIENCY + (degC) (MW) (MW) (%) + 1 1.0000 165.24 0.2141 5.1987 10.0742 + 2 1.0058 166.19 0.2133 5.2932 10.1734 + 3 1.0074 166.47 0.2130 5.3205 10.2019 + 4 1.0083 166.61 0.2129 5.3347 10.2167 + 5 1.0088 166.70 0.2128 5.3441 10.2265 + 6 1.0093 166.77 0.2128 5.3511 10.2337 + 7 1.0096 166.83 0.2127 5.3566 10.2394 + 8 1.0099 166.87 0.2127 5.3611 10.2441 + 9 1.0101 166.91 0.2127 5.3649 10.2480 + 10 1.0103 166.94 0.2126 5.3682 10.2514 + 11 1.0105 166.97 0.2126 5.3710 10.2543 + 12 1.0106 167.00 0.2126 5.3736 10.2570 + 13 1.0108 167.02 0.2126 5.3759 10.2594 + 14 1.0109 167.04 0.2126 5.3779 10.2615 + 15 1.0110 167.06 0.2125 5.3798 10.2635 + 16 1.0111 167.08 0.2125 5.3816 10.2653 + 17 1.0112 167.09 0.2125 5.3832 10.2669 + 18 1.0113 167.11 0.2125 5.3847 10.2685 + 19 1.0114 167.12 0.2125 5.3861 10.2699 + 20 1.0115 167.14 0.2125 5.3874 10.2713 + 21 1.0115 167.15 0.2125 5.3886 10.2726 + 22 1.0116 167.16 0.2125 5.3898 10.2738 + 23 1.0117 167.17 0.2125 5.3909 10.2749 + 24 1.0117 167.18 0.2124 5.3920 10.2760 + 25 1.0118 167.19 0.2124 5.3929 10.2770 + 26 1.0118 167.20 0.2124 5.3939 10.2780 + 27 1.0119 167.21 0.2124 5.3948 10.2789 + 28 1.0119 167.22 0.2124 5.3956 10.2798 + 29 1.0120 167.23 0.2124 5.3965 10.2806 + 30 1.0120 167.23 0.2124 5.3972 10.2814 + + + ******************************************************************* + * ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * + ******************************************************************* + YEAR ELECTRICITY HEAT RESERVOIR PERCENTAGE OF + PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED + (GWh/year) (GWh/year) (10^15 J) (%) + 1 41.4 408.7 322.53 0.45 + 2 41.9 410.7 321.05 0.91 + 3 42.0 411.4 319.57 1.37 + 4 42.1 411.8 318.09 1.83 + 5 42.2 412.1 316.60 2.28 + 6 42.2 412.3 315.12 2.74 + 7 42.2 412.5 313.63 3.20 + 8 42.3 412.7 312.15 3.66 + 9 42.3 412.8 310.66 4.12 + 10 42.3 412.9 309.17 4.58 + 11 42.4 413.0 307.69 5.03 + 12 42.4 413.1 306.20 5.49 + 13 42.4 413.2 304.71 5.95 + 14 42.4 413.2 303.23 6.41 + 15 42.4 413.3 301.74 6.87 + 16 42.4 413.3 300.25 7.33 + 17 42.4 413.4 298.76 7.79 + 18 42.5 413.5 297.27 8.25 + 19 42.5 413.5 295.78 8.71 + 20 42.5 413.5 294.30 9.17 + 21 42.5 413.6 292.81 9.63 + 22 42.5 413.6 291.32 10.09 + 23 42.5 413.7 289.83 10.55 + 24 42.5 413.7 288.34 11.01 + 25 42.5 413.7 286.85 11.47 + 26 42.5 413.8 285.36 11.93 + 27 42.5 413.8 283.87 12.39 + 28 42.5 413.8 282.38 12.85 + 29 42.5 413.9 280.89 13.31 + 30 35.5 344.9 279.65 13.69 + + + ******************************** + * REVENUE & CASHFLOW PROFILE * + ******************************** +Year Electricity | Heat | Cooling | Carbon | Project +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/tonne) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD) +________________________________________________________________________________________________________________________________________________________________________________________ + 1 0.00 -53.39 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 + 2 5.50 0.88 2.28 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.88 -52.50 + 3 5.50 0.91 4.58 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.91 -51.60 + 4 5.50 0.92 6.89 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.92 -50.68 + 5 5.50 0.92 9.20 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.92 -49.76 + 6 5.50 0.92 11.52 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.92 -48.84 + 7 5.50 0.93 13.85 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.93 -47.91 + 8 5.50 0.93 16.17 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.93 -46.98 + 9 5.50 0.93 18.49 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.93 -46.05 + 10 5.50 0.93 20.82 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.93 -45.12 + 11 5.50 0.93 23.15 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.93 -44.19 + 12 5.50 0.93 25.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.93 -43.25 + 13 5.50 0.94 27.81 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -42.32 + 14 5.50 0.94 30.14 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -41.38 + 15 5.50 0.94 32.47 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -40.44 + 16 5.50 0.94 34.81 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -39.50 + 17 5.50 0.94 37.14 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -38.56 + 18 5.50 0.94 39.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -37.62 + 19 5.50 0.94 41.81 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -36.68 + 20 5.50 0.94 44.15 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -35.74 + 21 5.50 0.94 46.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -34.80 + 22 5.50 0.94 48.82 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -33.86 + 23 5.50 0.94 51.16 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -32.92 + 24 5.50 0.94 53.50 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -31.98 + 25 5.50 0.94 55.83 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -31.03 + 26 5.50 0.94 58.17 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -30.09 + 27 5.50 0.94 60.51 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -29.14 + 28 5.50 0.94 62.85 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -28.20 + 29 5.50 0.94 65.19 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -27.26 + 30 5.50 0.95 67.53 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.95 -26.31 diff --git a/tests/examples/example10_HP.out b/tests/examples/example10_HP.out index b5735de4..afdaa9db 100644 --- a/tests/examples/example10_HP.out +++ b/tests/examples/example10_HP.out @@ -4,219 +4,234 @@ Simulation Metadata ---------------------- -GEOPHIRES Version: 3.4.22 -GEOPHIRES Build Date: 2024-03-05 -Simulation Date: 2024-03-20 -Simulation Time: 17:38 -Calculation Time: 0.363 sec + GEOPHIRES Version: 3.4.21 + GEOPHIRES Build Date: 2024-03-05 + Simulation Date: 2024-03-12 + Simulation Time: 07:20 + Calculation Time: 0.146 sec ***SUMMARY OF RESULTS*** - End-Use Option : Direct-Use Heat - Average Direct-Use Heat Production : 16.64 MW - Direct-Use heat breakeven price (LCOH) : 14.49 USD/MMBTU - Number of production wells : 2 - Number of injection wells : 2 - Flowrate per production well : 70.0 kg/sec - Well depth (or total length, if not vertical): 2.1 kilometer - Geothermal gradient : 0.0450 °C/m + End-Use Option: Direct-Use Heat + Average Direct-Use Heat Production: 16.64 MW + Direct-Use heat breakeven price (LCOH): 14.49 USD/MMBTU + Number of production wells: 2 + Number of injection wells: 2 + Flowrate per production well: 70.0 kg/sec + Well depth (or total length, if not vertical): 2.1 kilometer + Geothermal gradient: 0.0450 degC/m + ***ECONOMIC PARAMETERS*** - Economic Model : Standard Levelized Cost - Interest Rate : 5.00 - Accrued financing during construction : 5.00 - Project lifetime : 30 yr - Capacity factor : 90.0 % - Project NPV : 5.39 MUSD - Project IRR : 7.89 % - Project VIR=PI=PIR : 1.17 - Project MOIC : 0.98 - Project Payback Period : 12.16 yr - - ***ENGINEERING PARAMETERS*** - - Number of Production Wells : 2 - Number of Injection Wells : 2 - Well depth (or total length, if not vertical): 2.1 kilometer - Water loss rate : 2.0 - Pump efficiency : 80.0 - Injection temperature : 83.0 °C - User-provided production well temperature drop: - Constant production well temperature drop : 5.0 °C - Flowrate per production well : 70.0 kg/sec - Injection well casing ID : 8.500 in - Production well casing ID : 8.500 in - Number of times redrilling : 0 - - ***RESOURCE CHARACTERISTICS*** - - Maximum reservoir temperature : 400.0 °C - Number of segments : 1 - Geothermal gradient : 0.0450 °C/m + Economic Model = Standard Levelized Cost + Interest Rate: 5.00 + Accrued financing during construction: 5.00 + Project lifetime: 30 yr + Capacity factor: 90.0 % + Project NPV: 5.39 MUSD + Project IRR: 7.89 % + Project VIR=PI=PIR: 1.17 + Project MOIC: 0.98 + Project Payback Period: 12.16 yr + + ***ENGINEERING PARAMETERS*** + + Number of Production Wells: 2 + Number of Injection Wells: 2 + Well depth (or total length, if not vertical): 2.1 kilometer + Water loss rate: 2.0 + Pump efficiency: 80.0 + Injection temperature: 83.0 degC + User-provided production well temperature drop + Constant production well temperature drop: 5.0 degC + Flowrate per production well: 70.0 kg/sec + Injection well casing ID: 8.500 in + Production well casing ID: 8.500 in + Number of times redrilling: 0 + + + ***RESOURCE CHARACTERISTICS*** + + Maximum reservoir temperature: 400.0 degC + Number of segments: 1 + Geothermal gradient: 0.0450 degC/m + ***RESERVOIR PARAMETERS*** - Reservoir Model : Single Fracture m/A Thermal Drawdown Model - m/A Drawdown Parameter : 0.00002 1/year - Bottom-hole temperature : 109.50 °C - Reservoir volume calculated with fracture separation and number of fractures as input: - Number of fractures : 12.00 - Fracture separation : 80.00 meter - Reservoir volume : 176000000 m³ - Reservoir hydrostatic pressure : 20849.48 kPa - Plant outlet pressure : 416.74 kPa - Production wellhead pressure : 485.69 kPa - Productivity Index : 10.00 kg/sec/bar - Injectivity Index : 5.00 kg/sec/bar - Reservoir density : 3000.00 kg/m³ - Reservoir thermal conductivity : 3.00 W/m/K - Reservoir heat capacity : 1000.00 J/kg/K - - ***RESERVOIR STIMULATION RESULTS*** - - Maximum Production Temperature : 104.5 °C - Average Production Temperature : 103.8 °C - Minimum Production Temperature : 102.1 °C - Initial Production Temperature : 104.5 °C - Average Reservoir Heat Extraction : 11.89 MW - Wellbore Heat Transmission Model = Constant Temperature Drop: 5.0 °C - Average Injection Well Pump Pressure Drop : 1661.4 kPa - Average Production Well Pump Pressure Drop : 830.3 kPa - - ***CAPITAL COSTS*** - - Drilling and completion costs : 13.91 MUSD - Drilling and completion costs per well : 3.48 MUSD - Stimulation costs : 3.02 MUSD - Surface power plant costs : 7.70 MUSD - Heat Pump Cost : 3.74 MUSD - Field gathering system costs : 2.55 MUSD - Total surface equipment costs : 10.25 MUSD - Exploration costs : 3.85 MUSD - Total capital costs : 31.03 MUSD - - ***OPERATING AND MAINTENANCE COSTS*** - - Wellfield maintenance costs : 0.23 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 : 3.63 MUSD/yr - Total operating and maintenance costs : 4.49 MUSD/yr + Reservoir Model = Single Fracture m/A Thermal Drawdown Model + m/A Drawdown Parameter: 0.00002 1/year + Bottom-hole temperature: 109.50 degC + Reservoir volume calculated with fracture separation and number of fractures as input + Number of fractures: 12.00 + Fracture separation: 80.00 meter + Reservoir volume: 176000000 m**3 + Reservoir hydrostatic pressure: 20849.48 kPa + Plant outlet pressure: 416.74 kPa + Production wellhead pressure: 485.69 kPa + Productivity Index: 10.00 kg/sec/bar + Injectivity Index: 5.00 kg/sec/bar + Reservoir density: 3000.00 kg/m**3 + Reservoir thermal conductivity: 3.00 W/m/K + Reservoir heat capacity: 1000.00 J/kg/K + + + ***RESERVOIR SIMULATION RESULTS*** + + Maximum Production Temperature: 104.5 degC + Average Production Temperature: 103.8 degC + Minimum Production Temperature: 102.1 degC + Initial Production Temperature: 104.5 degC + Average Reservoir Heat Extraction: 11.89 MW + Wellbore Heat Transmission Model = Constant Temperature Drop: 5.0 degC + Average Injection Well Pump Pressure Drop: 1661.4 kPa + Average Production Well Pump Pressure Drop: 830.3 kPa + + + ***CAPITAL COSTS (M$)*** + + Drilling and completion costs: 13.91 MUSD + Drilling and completion costs per well: 3.48 MUSD + Stimulation costs: 3.02 MUSD + Surface power plant costs: 7.70 MUSD + of which Heat Pump Cost: 3.74 MUSD + Field gathering system costs: 2.55 MUSD + Total surface equipment costs: 10.25 MUSD + Exploration costs: 3.85 MUSD + Total capital costs: 31.03 MUSD + + + ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** + + Wellfield maintenance costs: 0.23 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: 3.63 MUSD/yr + Total operating and maintenance costs: 4.49 MUSD/yr + ***SURFACE EQUIPMENT SIMULATION RESULTS*** - Maximum Net Heat Production : 17.24 MW - Average Net Heat Production : 16.64 MW - Minimum Net Heat Production : 15.29 MW - Initial Net Heat Production : 17.24 MW - Average Annual Heat Production : 130.78 - Average Annual Heat Pump Electricity Use : 51.90 - Average Pumping Power : 0.45 MW + Maximum Net Heat Production: 17.24 MW + Average Net Heat Production: 16.64 MW + Minimum Net Heat Production: 15.29 MW + Initial Net Heat Production: 17.24 MW + Average Annual Heat Production: 130.78 GWh + Average Annual Heat Pump Electricity Use: 51.90 GWh/year + Average Pumping Power: 0.45 MW - *************************************************************** + ************************************************************ * HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * - *************************************************************** - Year Thermal Drawdown (%) Geofluid Temperature (°C) Pump Power (MW) Net Heat (MW) Heat Pump Electricity Used (MW - 1 1.0000 104.50 0.4443 17.2387 6.8408 - 2 1.0000 104.50 0.4443 17.2387 6.8408 - 3 1.0000 104.50 0.4443 17.2387 6.8408 - 4 1.0000 104.50 0.4443 17.2387 6.8408 - 5 1.0000 104.50 0.4443 17.2387 6.8407 - 6 1.0000 104.50 0.4443 17.2380 6.8405 - 7 1.0000 104.50 0.4443 17.2352 6.8394 - 8 0.9999 104.49 0.4444 17.2283 6.8366 - 9 0.9997 104.47 0.4444 17.2150 6.8314 - 10 0.9995 104.44 0.4445 17.1937 6.8229 - 11 0.9991 104.41 0.4446 17.1632 6.8108 - 12 0.9986 104.36 0.4447 17.1231 6.7949 - 13 0.9980 104.29 0.4448 17.0733 6.7751 - 14 0.9973 104.22 0.4450 17.0143 6.7517 - 15 0.9965 104.14 0.4452 16.9466 6.7249 - 16 0.9956 104.04 0.4454 16.8711 6.6949 - 17 0.9946 103.94 0.4457 16.7886 6.6621 - 18 0.9936 103.83 0.4459 16.6999 6.6269 - 19 0.9924 103.71 0.4462 16.6057 6.5896 - 20 0.9913 103.59 0.4465 16.5070 6.5504 - 21 0.9900 103.46 0.4468 16.4044 6.5097 - 22 0.9888 103.33 0.4471 16.2984 6.4676 - 23 0.9875 103.19 0.4474 16.1898 6.4245 - 24 0.9862 103.05 0.4478 16.0791 6.3806 - 25 0.9848 102.91 0.4481 15.9666 6.3360 - 26 0.9835 102.77 0.4484 15.8529 6.2908 - 27 0.9821 102.63 0.4488 15.7383 6.2453 - 28 0.9807 102.48 0.4491 15.6230 6.1996 - 29 0.9793 102.34 0.4495 15.5075 6.1538 - 30 0.9780 102.20 0.4498 15.3918 6.1079 - - *************************************************************** - *ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE* - *************************************************************** - Year Heating Provided (kW) Reservoir Heat Extracted (GW/yr) Heat Pump Electricity Used (kWh/yr) Heat Extracted(GW/yr) Reservoir Heat Content (MW) Percentage of Total Heat Mined (%) - 1 135.9 97.1 53.9 97.08 13.64 2.50 - 2 135.9 97.1 53.9 97.08 13.29 5.00 - 3 135.9 97.1 53.9 97.08 12.94 7.49 - 4 135.9 97.1 53.9 97.08 12.59 9.99 - 5 135.9 97.1 53.9 97.08 12.24 12.49 - 6 135.9 97.1 53.9 97.07 11.90 14.99 - 7 135.9 97.0 53.9 97.04 11.55 17.48 - 8 135.8 97.0 53.9 96.99 11.20 19.98 - 9 135.6 96.9 53.8 96.89 10.85 22.47 - 10 135.4 96.7 53.7 96.74 10.50 24.96 - 11 135.2 96.5 53.6 96.54 10.15 27.44 - 12 134.8 96.3 53.5 96.29 9.81 29.92 - 13 134.4 96.0 53.3 95.99 9.46 32.39 - 14 133.9 95.6 53.1 95.63 9.12 34.85 - 15 133.3 95.2 52.9 95.22 8.77 37.30 - 16 132.7 94.8 52.7 94.78 8.43 39.74 - 17 132.0 94.3 52.4 94.30 8.09 42.17 - 18 131.3 93.8 52.1 93.78 7.75 44.58 - 19 130.5 93.2 51.8 93.24 7.42 46.98 - 20 129.7 92.7 51.5 92.67 7.09 49.36 - 21 128.9 92.1 51.2 92.08 6.75 51.73 - 22 128.1 91.5 50.8 91.48 6.42 54.09 - 23 127.2 90.9 50.5 90.86 6.10 56.42 - 24 126.3 90.2 50.1 90.23 5.77 58.74 - 25 125.4 89.6 49.8 89.60 5.45 61.05 - 26 124.5 89.0 49.4 88.95 5.13 63.34 - 27 123.6 88.3 49.1 88.30 4.81 65.61 - 28 122.7 87.7 48.7 87.65 4.50 67.87 - 29 121.8 87.0 48.3 87.00 4.18 70.10 - 30 108.8 77.7 43.2 77.75 3.90 72.10 - - *************************************************************** - * REVENUE & CASHFLOW PROFILE * - *************************************************************** - Year Electricity:Price (USD/kWh) Electricity:Ann. Rev. (MUSD/yr) Electricity:Cumm. Rev. (MUSD) Heat:Price (USD/kWh) Heat:Ann. Rev. (MUSD/yr) Heat:Cumm. Rev. (MUSD) Cooling:Price (USD/kWh) Cooling:Ann. Rev. (MUSD/yr) Cooling:Cumm. Rev. (MUSD) Carbon:Price (USD/tonne) Carbon:Ann. Rev. (MUSD/yr) Carbon:Cumm. Rev. (MUSD) Project:OPEX (MUSD/yr) Project:Net Rev. (MUSD/yr) Project:Net Cashflow (MUSD) - 1 0.0000 0.00 0.00 0.0000 -31.03 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.00 -31.03 -31.03 - 2 0.0550 0.00 0.00 0.0250 2.78 3.40 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.78 -28.24 - 3 0.0550 0.00 0.00 0.0250 2.78 6.80 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.78 -25.46 - 4 0.0550 0.00 0.00 0.0250 2.78 10.19 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.78 -22.67 - 5 0.0550 0.00 0.00 0.0250 2.78 13.59 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.78 -19.89 - 6 0.0550 0.00 0.00 0.0250 2.78 16.99 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.78 -17.11 - 7 0.0550 0.00 0.00 0.0250 2.78 20.39 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.78 -14.32 - 8 0.0550 0.00 0.00 0.0250 2.78 23.78 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.78 -11.54 - 9 0.0550 0.00 0.00 0.0250 2.78 27.18 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.78 -8.76 - 10 0.0550 0.00 0.00 0.0250 2.78 30.57 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.78 -5.98 - 11 0.0550 0.00 0.00 0.0250 2.77 33.95 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.77 -3.21 - 12 0.0550 0.00 0.00 0.0250 2.77 37.33 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.77 -0.44 - 13 0.0550 0.00 0.00 0.0250 2.76 40.70 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.76 2.32 - 14 0.0550 0.00 0.00 0.0250 2.75 44.06 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.75 5.06 - 15 0.0550 0.00 0.00 0.0250 2.73 47.41 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.73 7.80 - 16 0.0550 0.00 0.00 0.0250 2.72 50.74 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.72 10.52 - 17 0.0550 0.00 0.00 0.0250 2.70 54.06 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.70 13.22 - 18 0.0550 0.00 0.00 0.0250 2.69 57.36 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.69 15.91 - 19 0.0550 0.00 0.00 0.0250 2.67 60.64 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.67 18.58 - 20 0.0550 0.00 0.00 0.0250 2.65 63.91 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.65 21.23 - 21 0.0550 0.00 0.00 0.0250 2.63 67.15 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.63 23.86 - 22 0.0550 0.00 0.00 0.0250 2.61 70.37 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.61 26.47 - 23 0.0550 0.00 0.00 0.0250 2.59 73.57 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.59 29.05 - 24 0.0550 0.00 0.00 0.0250 2.57 76.75 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.57 31.62 - 25 0.0550 0.00 0.00 0.0250 2.54 79.91 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.54 34.17 - 26 0.0550 0.00 0.00 0.0250 2.52 83.05 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.52 36.69 - 27 0.0550 0.00 0.00 0.0250 2.50 86.16 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.50 39.19 - 28 0.0550 0.00 0.00 0.0250 2.48 89.25 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.48 41.67 - 29 0.0550 0.00 0.00 0.0250 2.45 92.32 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.45 44.12 - 30 0.0550 0.00 0.00 0.0250 2.43 95.37 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.43 46.55 - 31 0.0550 0.00 0.00 0.0250 2.11 98.09 0.0250 0.00 0.00 0.0000 0.00 0.00 0.61 2.11 48.66 + ************************************************************ + YEAR THERMAL GEOFLUID PUMP NET HEAT PUMP + DRAWDOWN TEMPERATURE POWER HEAT ELECTRICITY USE + (deg C) (MWe) (MWt) (MWe) + 0 1.0000 104.50 0.4443 17.2387 6.8408 + 1 1.0000 104.50 0.4443 17.2387 6.8408 + 2 1.0000 104.50 0.4443 17.2387 6.8408 + 3 1.0000 104.50 0.4443 17.2387 6.8408 + 4 1.0000 104.50 0.4443 17.2387 6.8407 + 5 1.0000 104.50 0.4443 17.2380 6.8405 + 6 1.0000 104.50 0.4443 17.2352 6.8394 + 7 0.9999 104.49 0.4444 17.2283 6.8366 + 8 0.9997 104.47 0.4444 17.2150 6.8314 + 9 0.9995 104.44 0.4445 17.1937 6.8229 + 10 0.9991 104.41 0.4446 17.1632 6.8108 + 11 0.9986 104.36 0.4447 17.1231 6.7949 + 12 0.9980 104.29 0.4448 17.0733 6.7751 + 13 0.9973 104.22 0.4450 17.0143 6.7517 + 14 0.9965 104.14 0.4452 16.9466 6.7249 + 15 0.9956 104.04 0.4454 16.8711 6.6949 + 16 0.9946 103.94 0.4457 16.7886 6.6621 + 17 0.9936 103.83 0.4459 16.6999 6.6269 + 18 0.9924 103.71 0.4462 16.6057 6.5896 + 19 0.9913 103.59 0.4465 16.5070 6.5504 + 20 0.9900 103.46 0.4468 16.4044 6.5097 + 21 0.9888 103.33 0.4471 16.2984 6.4676 + 22 0.9875 103.19 0.4474 16.1898 6.4245 + 23 0.9862 103.05 0.4478 16.0791 6.3806 + 24 0.9848 102.91 0.4481 15.9666 6.3360 + 25 0.9835 102.77 0.4484 15.8529 6.2908 + 26 0.9821 102.63 0.4488 15.7383 6.2453 + 27 0.9807 102.48 0.4491 15.6230 6.1996 + 28 0.9793 102.34 0.4495 15.5075 6.1538 + 29 0.9780 102.20 0.4498 15.3918 6.1079 + + + ******************************************************************* + * ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * + ******************************************************************* + YEAR HEATING RESERVOIR HEAT HEAT PUMP RESERVOIR PERCENTAGE OF + PROVIDED EXTRACTED ELECTRICITY USE HEAT CONTENT TOTAL HEAT MINED + (GWh/year) (GWh/year) (GWh/year) (10^15 J) (%) + 1 135.9 97.1 53.93 13.64 2.50 + 2 135.9 97.1 53.93 13.29 5.00 + 3 135.9 97.1 53.93 12.94 7.49 + 4 135.9 97.1 53.93 12.59 9.99 + 5 135.9 97.1 53.93 12.24 12.49 + 6 135.9 97.1 53.93 11.90 14.99 + 7 135.9 97.0 53.91 11.55 17.48 + 8 135.8 97.0 53.88 11.20 19.98 + 9 135.6 96.9 53.83 10.85 22.47 + 10 135.4 96.7 53.75 10.50 24.96 + 11 135.2 96.5 53.64 10.15 27.44 + 12 134.8 96.3 53.50 9.81 29.92 + 13 134.4 96.0 53.33 9.46 32.39 + 14 133.9 95.6 53.13 9.12 34.85 + 15 133.3 95.2 52.90 8.77 37.30 + 16 132.7 94.8 52.66 8.43 39.74 + 17 132.0 94.3 52.39 8.09 42.17 + 18 131.3 93.8 52.10 7.75 44.58 + 19 130.5 93.2 51.80 7.42 46.98 + 20 129.7 92.7 51.48 7.09 49.36 + 21 128.9 92.1 51.16 6.75 51.73 + 22 128.1 91.5 50.82 6.42 54.09 + 23 127.2 90.9 50.48 6.10 56.42 + 24 126.3 90.2 50.13 5.77 58.74 + 25 125.4 89.6 49.78 5.45 61.05 + 26 124.5 89.0 49.42 5.13 63.34 + 27 123.6 88.3 49.06 4.81 65.61 + 28 122.7 87.7 48.70 4.50 67.87 + 29 121.8 87.0 48.34 4.18 70.10 + 30 108.8 77.7 43.19 3.90 72.10 + + + ******************************** + * REVENUE & CASHFLOW PROFILE * + ******************************** +Year Electricity | Heat | Cooling | Carbon | Project +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/tonne) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD) +________________________________________________________________________________________________________________________________________________________________________________________ + 1 0.00 0.00 0.00 | 0.00 -31.03 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -31.03 -31.03 + 2 5.50 0.00 0.00 | 2.50 2.78 3.40 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.78 -28.24 + 3 5.50 0.00 0.00 | 2.50 2.78 6.80 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.78 -25.46 + 4 5.50 0.00 0.00 | 2.50 2.78 10.19 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.78 -22.67 + 5 5.50 0.00 0.00 | 2.50 2.78 13.59 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.78 -19.89 + 6 5.50 0.00 0.00 | 2.50 2.78 16.99 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.78 -17.11 + 7 5.50 0.00 0.00 | 2.50 2.78 20.39 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.78 -14.32 + 8 5.50 0.00 0.00 | 2.50 2.78 23.78 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.78 -11.54 + 9 5.50 0.00 0.00 | 2.50 2.78 27.18 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.78 -8.76 + 10 5.50 0.00 0.00 | 2.50 2.78 30.57 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.78 -5.98 + 11 5.50 0.00 0.00 | 2.50 2.77 33.95 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.77 -3.21 + 12 5.50 0.00 0.00 | 2.50 2.77 37.33 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.77 -0.44 + 13 5.50 0.00 0.00 | 2.50 2.76 40.70 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.76 2.32 + 14 5.50 0.00 0.00 | 2.50 2.75 44.06 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.75 5.06 + 15 5.50 0.00 0.00 | 2.50 2.73 47.41 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.73 7.80 + 16 5.50 0.00 0.00 | 2.50 2.72 50.74 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.72 10.52 + 17 5.50 0.00 0.00 | 2.50 2.70 54.06 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.70 13.22 + 18 5.50 0.00 0.00 | 2.50 2.69 57.36 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.69 15.91 + 19 5.50 0.00 0.00 | 2.50 2.67 60.64 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.67 18.58 + 20 5.50 0.00 0.00 | 2.50 2.65 63.91 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.65 21.23 + 21 5.50 0.00 0.00 | 2.50 2.63 67.15 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.63 23.86 + 22 5.50 0.00 0.00 | 2.50 2.61 70.37 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.61 26.47 + 23 5.50 0.00 0.00 | 2.50 2.59 73.57 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.59 29.05 + 24 5.50 0.00 0.00 | 2.50 2.57 76.75 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.57 31.62 + 25 5.50 0.00 0.00 | 2.50 2.54 79.91 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.54 34.17 + 26 5.50 0.00 0.00 | 2.50 2.52 83.05 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.52 36.69 + 27 5.50 0.00 0.00 | 2.50 2.50 86.16 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.50 39.19 + 28 5.50 0.00 0.00 | 2.50 2.48 89.25 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.48 41.67 + 29 5.50 0.00 0.00 | 2.50 2.45 92.32 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.45 44.12 + 30 5.50 0.00 0.00 | 2.50 2.43 95.37 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.61 2.43 46.55 diff --git a/tests/examples/example11_AC.out b/tests/examples/example11_AC.out index 0b27c406..d167f2a7 100644 --- a/tests/examples/example11_AC.out +++ b/tests/examples/example11_AC.out @@ -4,224 +4,239 @@ Simulation Metadata ---------------------- -GEOPHIRES Version: 3.4.22 -GEOPHIRES Build Date: 2024-03-05 -Simulation Date: 2024-03-20 -Simulation Time: 17:39 -Calculation Time: 0.357 sec + GEOPHIRES Version: 3.4.21 + GEOPHIRES Build Date: 2024-03-05 + Simulation Date: 2024-03-12 + Simulation Time: 07:20 + Calculation Time: 0.142 sec ***SUMMARY OF RESULTS*** - End-Use Option : Direct-Use Heat - Average Direct-Use Heat Production : 8.49 MW - Average Cooling Production : 5.50 MW - Direct-Use Cooling Breakeven Price (LCOC) : 17.52 USD/MMBTU - Number of production wells : 2 - Number of injection wells : 2 - Flowrate per production well : 50.0 kg/sec - Well depth (or total length, if not vertical): 2.1 kilometer - Geothermal gradient : 0.0450 °C/m + End-Use Option: Direct-Use Heat + Average Direct-Use Heat Production: 8.49 MW + Average Cooling Production: 5.50 MW + Direct-Use Cooling Breakeven Price (LCOC): 17.52 USD/MMBTU + Number of production wells: 2 + Number of injection wells: 2 + Flowrate per production well: 50.0 kg/sec + Well depth (or total length, if not vertical): 2.1 kilometer + Geothermal gradient: 0.0450 degC/m + ***ECONOMIC PARAMETERS*** - Economic Model : Standard Levelized Cost - Interest Rate : 5.00 - Accrued financing during construction : 5.00 - Project lifetime : 30 yr - Capacity factor : 90.0 % - Project NPV : 1.18 MUSD - Project IRR : 6.63 % - Project VIR=PI=PIR : 1.04 - Project MOIC : 0.80 - Project Payback Period : 13.61 yr - - ***ENGINEERING PARAMETERS*** - - Number of Production Wells : 2 - Number of Injection Wells : 2 - Well depth (or total length, if not vertical): 2.1 kilometer - Water loss rate : 2.0 - Pump efficiency : 80.0 - Injection temperature : 83.0 °C - User-provided production well temperature drop: - Constant production well temperature drop : 5.0 °C - Flowrate per production well : 50.0 kg/sec - Injection well casing ID : 8.500 in - Production well casing ID : 8.500 in - Number of times redrilling : 0 - - ***RESOURCE CHARACTERISTICS*** - - Maximum reservoir temperature : 400.0 °C - Number of segments : 1 - Geothermal gradient : 0.0450 °C/m + Economic Model = Standard Levelized Cost + Interest Rate: 5.00 + Accrued financing during construction: 5.00 + Project lifetime: 30 yr + Capacity factor: 90.0 % + Project NPV: 1.18 MUSD + Project IRR: 6.63 % + Project VIR=PI=PIR: 1.04 + Project MOIC: 0.80 + Project Payback Period: 13.61 yr + + ***ENGINEERING PARAMETERS*** + + Number of Production Wells: 2 + Number of Injection Wells: 2 + Well depth (or total length, if not vertical): 2.1 kilometer + Water loss rate: 2.0 + Pump efficiency: 80.0 + Injection temperature: 83.0 degC + User-provided production well temperature drop + Constant production well temperature drop: 5.0 degC + Flowrate per production well: 50.0 kg/sec + Injection well casing ID: 8.500 in + Production well casing ID: 8.500 in + Number of times redrilling: 0 + + + ***RESOURCE CHARACTERISTICS*** + + Maximum reservoir temperature: 400.0 degC + Number of segments: 1 + Geothermal gradient: 0.0450 degC/m + ***RESERVOIR PARAMETERS*** - Reservoir Model : Single Fracture m/A Thermal Drawdown Model - m/A Drawdown Parameter : 0.00002 1/year - Bottom-hole temperature : 109.50 °C - Reservoir volume calculated with fracture separation and number of fractures as input: - Number of fractures : 12.00 - Fracture separation : 80.00 meter - Reservoir volume : 176000000 m³ - Reservoir hydrostatic pressure : 20849.48 kPa - Plant outlet pressure : 416.74 kPa - Production wellhead pressure : 485.69 kPa - Productivity Index : 10.00 kg/sec/bar - Injectivity Index : 5.00 kg/sec/bar - Reservoir density : 3000.00 kg/m³ - Reservoir thermal conductivity : 3.00 W/m/K - Reservoir heat capacity : 1000.00 J/kg/K - - ***RESERVOIR STIMULATION RESULTS*** - - Maximum Production Temperature : 104.5 °C - Average Production Temperature : 103.8 °C - Minimum Production Temperature : 102.1 °C - Initial Production Temperature : 104.5 °C - Average Reservoir Heat Extraction : 8.49 MW - Wellbore Heat Transmission Model = Constant Temperature Drop: 5.0 °C - Average Injection Well Pump Pressure Drop : 1101.4 kPa - Average Production Well Pump Pressure Drop : 482.5 kPa - - ***CAPITAL COSTS*** - - Drilling and completion costs : 13.91 MUSD - Drilling and completion costs per well : 3.48 MUSD - Stimulation costs : 3.02 MUSD - Surface power plant costs : 6.57 MUSD - Absorption Chiller Cost : 3.74 MUSD - Field gathering system costs : 2.34 MUSD - Total surface equipment costs : 8.91 MUSD - Exploration costs : 3.85 MUSD - Total capital costs : 29.68 MUSD - - ***OPERATING AND MAINTENANCE COSTS*** - - Wellfield maintenance costs : 0.23 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 : 0.69 MUSD/yr + Reservoir Model = Single Fracture m/A Thermal Drawdown Model + m/A Drawdown Parameter: 0.00002 1/year + Bottom-hole temperature: 109.50 degC + Reservoir volume calculated with fracture separation and number of fractures as input + Number of fractures: 12.00 + Fracture separation: 80.00 meter + Reservoir volume: 176000000 m**3 + Reservoir hydrostatic pressure: 20849.48 kPa + Plant outlet pressure: 416.74 kPa + Production wellhead pressure: 485.69 kPa + Productivity Index: 10.00 kg/sec/bar + Injectivity Index: 5.00 kg/sec/bar + Reservoir density: 3000.00 kg/m**3 + Reservoir thermal conductivity: 3.00 W/m/K + Reservoir heat capacity: 1000.00 J/kg/K + + + ***RESERVOIR SIMULATION RESULTS*** + + Maximum Production Temperature: 104.5 degC + Average Production Temperature: 103.8 degC + Minimum Production Temperature: 102.1 degC + Initial Production Temperature: 104.5 degC + Average Reservoir Heat Extraction: 8.49 MW + Wellbore Heat Transmission Model = Constant Temperature Drop: 5.0 degC + Average Injection Well Pump Pressure Drop: 1101.4 kPa + Average Production Well Pump Pressure Drop: 482.5 kPa + + + ***CAPITAL COSTS (M$)*** + + Drilling and completion costs: 13.91 MUSD + Drilling and completion costs per well: 3.48 MUSD + Stimulation costs: 3.02 MUSD + Surface power plant costs: 6.57 MUSD + of which Absorption Chiller Cost: 3.74 MUSD + Field gathering system costs: 2.34 MUSD + Total surface equipment costs: 8.91 MUSD + Exploration costs: 3.85 MUSD + Total capital costs: 29.68 MUSD + + + ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** + + Wellfield maintenance costs: 0.23 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: 0.69 MUSD/yr + ***SURFACE EQUIPMENT SIMULATION RESULTS*** - Maximum Net Heat Production : 8.80 MW - Average Net Heat Production : 8.49 MW - Minimum Net Heat Production : 7.80 MW - Initial Net Heat Production : 8.80 MW - Average Annual Heat Production : 66.73 - Maximum Cooling Production : 5.70 MW - Average Cooling Production : 5.50 MW - Minimum Cooling Production : 5.05 MW - Initial Cooling Production : 5.70 MW - Average Annual Cooling Production : 43.24 - Average Pumping Power : 0.20 MW - - *************************************************************** + Maximum Net Heat Production: 8.80 MW + Average Net Heat Production: 8.49 MW + Minimum Net Heat Production: 7.80 MW + Initial Net Heat Production: 8.80 MW + Average Annual Heat Production: 66.73 GWh + Maximum Cooling Production: 5.70 MW + Average Cooling Production: 5.50 MW + Minimum Cooling Production: 5.05 MW + Initial Cooling Production: 5.70 MW + Average Annual Cooling Production: 43.24 GWh/year + Average Pumping Power: 0.20 MW + + ************************************************************ * HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * - *************************************************************** - Year Thermal Drawdown (%) Geofluid Temperature (°C) Pump Power (MW) Net Heat (MW) Net Cooling (MW) - 1 1.0000 104.50 0.2013 8.7953 5.6993 - 2 1.0000 104.50 0.2013 8.7953 5.6993 - 3 1.0000 104.50 0.2013 8.7953 5.6993 - 4 1.0000 104.50 0.2013 8.7953 5.6993 - 5 1.0000 104.50 0.2013 8.7952 5.6993 - 6 1.0000 104.50 0.2013 8.7949 5.6991 - 7 1.0000 104.50 0.2013 8.7935 5.6982 - 8 0.9999 104.49 0.2013 8.7899 5.6959 - 9 0.9997 104.47 0.2013 8.7832 5.6915 - 10 0.9995 104.44 0.2014 8.7723 5.6844 - 11 0.9991 104.41 0.2014 8.7567 5.6744 - 12 0.9986 104.36 0.2015 8.7363 5.6611 - 13 0.9980 104.29 0.2016 8.7109 5.6446 - 14 0.9973 104.22 0.2018 8.6808 5.6251 - 15 0.9965 104.14 0.2019 8.6462 5.6028 - 16 0.9956 104.04 0.2021 8.6077 5.5778 - 17 0.9946 103.94 0.2023 8.5656 5.5505 - 18 0.9936 103.83 0.2025 8.5203 5.5212 - 19 0.9924 103.71 0.2027 8.4723 5.4901 - 20 0.9913 103.59 0.2029 8.4219 5.4574 - 21 0.9900 103.46 0.2031 8.3696 5.4235 - 22 0.9888 103.33 0.2033 8.3155 5.3885 - 23 0.9875 103.19 0.2036 8.2601 5.3526 - 24 0.9862 103.05 0.2038 8.2036 5.3159 - 25 0.9848 102.91 0.2040 8.1462 5.2788 - 26 0.9835 102.77 0.2043 8.0882 5.2412 - 27 0.9821 102.63 0.2045 8.0297 5.2033 - 28 0.9807 102.48 0.2048 7.9709 5.1652 - 29 0.9793 102.34 0.2050 7.9120 5.1270 - 30 0.9780 102.20 0.2053 7.8530 5.0887 - - *************************************************************** - *ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE* - *************************************************************** - Year Cooling Provided (kWh/yr) Heat Extracted(GW/yr) Reservoir Heat Content (MW) Percentage of Total Heat Mined (%) - 1 44.9 69.34 13.74 1.78 - 2 44.9 69.34 13.49 3.57 - 3 44.9 69.34 13.24 5.35 - 4 44.9 69.34 12.99 7.14 - 5 44.9 69.34 12.74 8.92 - 6 44.9 69.33 12.49 10.70 - 7 44.9 69.32 12.24 12.49 - 8 44.9 69.28 12.00 14.27 - 9 44.8 69.21 11.75 16.05 - 10 44.8 69.10 11.50 17.83 - 11 44.7 68.96 11.25 19.60 - 12 44.6 68.78 11.00 21.37 - 13 44.4 68.56 10.75 23.14 - 14 44.3 68.31 10.51 24.89 - 15 44.1 68.02 10.26 26.64 - 16 43.9 67.70 10.02 28.39 - 17 43.6 67.35 9.78 30.12 - 18 43.4 66.99 9.54 31.84 - 19 43.2 66.60 9.30 33.56 - 20 42.9 66.19 9.06 35.26 - 21 42.6 65.77 8.82 36.95 - 22 42.3 65.34 8.59 38.63 - 23 42.1 64.90 8.35 40.30 - 24 41.8 64.45 8.12 41.96 - 25 41.5 64.00 7.89 43.61 - 26 41.2 63.54 7.66 45.24 - 27 40.9 63.07 7.43 46.86 - 28 40.6 62.61 7.21 48.48 - 29 40.3 62.15 6.99 50.07 - 30 36.0 55.53 6.79 51.50 - - *************************************************************** - * REVENUE & CASHFLOW PROFILE * - *************************************************************** - Year Electricity:Price (USD/kWh) Electricity:Ann. Rev. (MUSD/yr) Electricity:Cumm. Rev. (MUSD) Heat:Price (USD/kWh) Heat:Ann. Rev. (MUSD/yr) Heat:Cumm. Rev. (MUSD) Cooling:Price (USD/kWh) Cooling:Ann. Rev. (MUSD/yr) Cooling:Cumm. Rev. (MUSD) Carbon:Price (USD/tonne) Carbon:Ann. Rev. (MUSD/yr) Carbon:Cumm. Rev. (MUSD) Project:OPEX (MUSD/yr) Project:Net Rev. (MUSD/yr) Project:Net Cashflow (MUSD) - 1 0.0000 0.00 0.00 0.0000 0.00 0.00 0.0000 -29.68 0.00 0.0000 0.00 0.00 0.00 -29.68 -29.68 - 2 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.36 2.94 0.0000 0.00 0.00 0.58 2.36 -27.32 - 3 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.36 5.89 0.0000 0.00 0.00 0.58 2.36 -24.96 - 4 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.36 8.83 0.0000 0.00 0.00 0.58 2.36 -22.60 - 5 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.36 11.77 0.0000 0.00 0.00 0.58 2.36 -20.24 - 6 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.36 14.72 0.0000 0.00 0.00 0.58 2.36 -17.88 - 7 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.36 17.66 0.0000 0.00 0.00 0.58 2.36 -15.52 - 8 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.36 20.60 0.0000 0.00 0.00 0.58 2.36 -13.16 - 9 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.36 23.54 0.0000 0.00 0.00 0.58 2.36 -10.80 - 10 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.36 26.48 0.0000 0.00 0.00 0.58 2.36 -8.44 - 11 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.35 29.41 0.0000 0.00 0.00 0.58 2.35 -6.09 - 12 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.34 32.34 0.0000 0.00 0.00 0.58 2.34 -3.75 - 13 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.34 35.26 0.0000 0.00 0.00 0.58 2.34 -1.41 - 14 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.33 38.17 0.0000 0.00 0.00 0.58 2.33 0.92 - 15 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.32 41.07 0.0000 0.00 0.00 0.58 2.32 3.23 - 16 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.30 43.95 0.0000 0.00 0.00 0.58 2.30 5.54 - 17 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.29 46.83 0.0000 0.00 0.00 0.58 2.29 7.83 - 18 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.28 49.69 0.0000 0.00 0.00 0.58 2.28 10.11 - 19 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.26 52.53 0.0000 0.00 0.00 0.58 2.26 12.37 - 20 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.24 55.36 0.0000 0.00 0.00 0.58 2.24 14.61 - 21 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.23 58.17 0.0000 0.00 0.00 0.58 2.23 16.84 - 22 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.21 60.96 0.0000 0.00 0.00 0.58 2.21 19.05 - 23 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.19 63.73 0.0000 0.00 0.00 0.58 2.19 21.24 - 24 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.17 66.48 0.0000 0.00 0.00 0.58 2.17 23.41 - 25 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.15 69.22 0.0000 0.00 0.00 0.58 2.15 25.57 - 26 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.13 71.94 0.0000 0.00 0.00 0.58 2.13 27.70 - 27 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.11 74.63 0.0000 0.00 0.00 0.58 2.11 29.82 - 28 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.10 77.31 0.0000 0.00 0.00 0.58 2.10 31.91 - 29 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.08 79.97 0.0000 0.00 0.00 0.58 2.08 33.99 - 30 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 2.06 82.61 0.0000 0.00 0.00 0.58 2.06 36.04 - 31 0.0550 0.00 0.00 0.0250 0.00 0.00 0.0655 1.78 84.96 0.0000 0.00 0.00 0.58 1.78 37.82 + ************************************************************ + YEAR THERMAL GEOFLUID PUMP NET NET + DRAWDOWN TEMPERATURE POWER HEAT COOLING + (deg C) (MWe) (MWt) (MWt) + 0 1.0000 104.50 0.2013 8.7953 5.6993 + 1 1.0000 104.50 0.2013 8.7953 5.6993 + 2 1.0000 104.50 0.2013 8.7953 5.6993 + 3 1.0000 104.50 0.2013 8.7953 5.6993 + 4 1.0000 104.50 0.2013 8.7952 5.6993 + 5 1.0000 104.50 0.2013 8.7949 5.6991 + 6 1.0000 104.50 0.2013 8.7935 5.6982 + 7 0.9999 104.49 0.2013 8.7899 5.6959 + 8 0.9997 104.47 0.2013 8.7832 5.6915 + 9 0.9995 104.44 0.2014 8.7723 5.6844 + 10 0.9991 104.41 0.2014 8.7567 5.6744 + 11 0.9986 104.36 0.2015 8.7363 5.6611 + 12 0.9980 104.29 0.2016 8.7109 5.6446 + 13 0.9973 104.22 0.2018 8.6808 5.6251 + 14 0.9965 104.14 0.2019 8.6462 5.6028 + 15 0.9956 104.04 0.2021 8.6077 5.5778 + 16 0.9946 103.94 0.2023 8.5656 5.5505 + 17 0.9936 103.83 0.2025 8.5203 5.5212 + 18 0.9924 103.71 0.2027 8.4723 5.4901 + 19 0.9913 103.59 0.2029 8.4219 5.4574 + 20 0.9900 103.46 0.2031 8.3696 5.4235 + 21 0.9888 103.33 0.2033 8.3155 5.3885 + 22 0.9875 103.19 0.2036 8.2601 5.3526 + 23 0.9862 103.05 0.2038 8.2036 5.3159 + 24 0.9848 102.91 0.2040 8.1462 5.2788 + 25 0.9835 102.77 0.2043 8.0882 5.2412 + 26 0.9821 102.63 0.2045 8.0297 5.2033 + 27 0.9807 102.48 0.2048 7.9709 5.1652 + 28 0.9793 102.34 0.2050 7.9120 5.1270 + 29 0.9780 102.20 0.2053 7.8530 5.0887 + + + ******************************************************************* + * ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * + ******************************************************************* + YEAR COOLING HEAT RESERVOIR PERCENTAGE OF + PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED + (GWh/year) (GWh/year) (10^15 J) (%) + 1 44.9 69.3 13.74 1.78 + 2 44.9 69.3 13.49 3.57 + 3 44.9 69.3 13.24 5.35 + 4 44.9 69.3 12.99 7.14 + 5 44.9 69.3 12.74 8.92 + 6 44.9 69.3 12.49 10.70 + 7 44.9 69.3 12.24 12.49 + 8 44.9 69.3 12.00 14.27 + 9 44.8 69.2 11.75 16.05 + 10 44.8 69.1 11.50 17.83 + 11 44.7 69.0 11.25 19.60 + 12 44.6 68.8 11.00 21.37 + 13 44.4 68.6 10.75 23.14 + 14 44.3 68.3 10.51 24.89 + 15 44.1 68.0 10.26 26.64 + 16 43.9 67.7 10.02 28.39 + 17 43.6 67.4 9.78 30.12 + 18 43.4 67.0 9.54 31.84 + 19 43.2 66.6 9.30 33.56 + 20 42.9 66.2 9.06 35.26 + 21 42.6 65.8 8.82 36.95 + 22 42.3 65.3 8.59 38.63 + 23 42.1 64.9 8.35 40.30 + 24 41.8 64.5 8.12 41.96 + 25 41.5 64.0 7.89 43.61 + 26 41.2 63.5 7.66 45.24 + 27 40.9 63.1 7.43 46.86 + 28 40.6 62.6 7.21 48.48 + 29 40.3 62.1 6.99 50.07 + 30 36.0 55.5 6.79 51.50 + + + ******************************** + * REVENUE & CASHFLOW PROFILE * + ******************************** +Year Electricity | Heat | Cooling | Carbon | Project +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/tonne) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD) +________________________________________________________________________________________________________________________________________________________________________________________ + 1 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -29.68 0.00 | 0.00 0.00 0.00 | 0.00 -29.68 -29.68 + 2 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.36 2.94 | 0.00 0.00 0.00 | 0.58 2.36 -27.32 + 3 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.36 5.89 | 0.00 0.00 0.00 | 0.58 2.36 -24.96 + 4 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.36 8.83 | 0.00 0.00 0.00 | 0.58 2.36 -22.60 + 5 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.36 11.77 | 0.00 0.00 0.00 | 0.58 2.36 -20.24 + 6 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.36 14.72 | 0.00 0.00 0.00 | 0.58 2.36 -17.88 + 7 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.36 17.66 | 0.00 0.00 0.00 | 0.58 2.36 -15.52 + 8 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.36 20.60 | 0.00 0.00 0.00 | 0.58 2.36 -13.16 + 9 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.36 23.54 | 0.00 0.00 0.00 | 0.58 2.36 -10.80 + 10 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.36 26.48 | 0.00 0.00 0.00 | 0.58 2.36 -8.44 + 11 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.35 29.41 | 0.00 0.00 0.00 | 0.58 2.35 -6.09 + 12 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.34 32.34 | 0.00 0.00 0.00 | 0.58 2.34 -3.75 + 13 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.34 35.26 | 0.00 0.00 0.00 | 0.58 2.34 -1.41 + 14 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.33 38.17 | 0.00 0.00 0.00 | 0.58 2.33 0.92 + 15 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.32 41.07 | 0.00 0.00 0.00 | 0.58 2.32 3.23 + 16 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.30 43.95 | 0.00 0.00 0.00 | 0.58 2.30 5.54 + 17 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.29 46.83 | 0.00 0.00 0.00 | 0.58 2.29 7.83 + 18 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.28 49.69 | 0.00 0.00 0.00 | 0.58 2.28 10.11 + 19 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.26 52.53 | 0.00 0.00 0.00 | 0.58 2.26 12.37 + 20 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.24 55.36 | 0.00 0.00 0.00 | 0.58 2.24 14.61 + 21 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.23 58.17 | 0.00 0.00 0.00 | 0.58 2.23 16.84 + 22 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.21 60.96 | 0.00 0.00 0.00 | 0.58 2.21 19.05 + 23 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.19 63.73 | 0.00 0.00 0.00 | 0.58 2.19 21.24 + 24 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.17 66.48 | 0.00 0.00 0.00 | 0.58 2.17 23.41 + 25 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.15 69.22 | 0.00 0.00 0.00 | 0.58 2.15 25.57 + 26 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.13 71.94 | 0.00 0.00 0.00 | 0.58 2.13 27.70 + 27 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.11 74.63 | 0.00 0.00 0.00 | 0.58 2.11 29.82 + 28 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.10 77.31 | 0.00 0.00 0.00 | 0.58 2.10 31.91 + 29 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.08 79.97 | 0.00 0.00 0.00 | 0.58 2.08 33.99 + 30 5.50 0.00 0.00 | 6.55 0.00 0.00 | 6.55 2.06 82.61 | 0.00 0.00 0.00 | 0.58 2.06 36.04 diff --git a/tests/examples/example12_DH.out b/tests/examples/example12_DH.out index 7dc24e03..2e0b9a1f 100644 --- a/tests/examples/example12_DH.out +++ b/tests/examples/example12_DH.out @@ -4,233 +4,248 @@ Simulation Metadata ---------------------- -GEOPHIRES Version: 3.4.22 -GEOPHIRES Build Date: 2024-03-05 -Simulation Date: 2024-03-20 -Simulation Time: 17:39 -Calculation Time: 0.292 sec + GEOPHIRES Version: 3.4.21 + GEOPHIRES Build Date: 2024-03-05 + Simulation Date: 2024-03-12 + Simulation Time: 07:20 + Calculation Time: 0.129 sec ***SUMMARY OF RESULTS*** - End-Use Option : Direct-Use Heat - Average Direct-Use Heat Production : 19.15 MW - Annual District Heating Demand : 242.90 GWh/year - Average Annual Geothermal Heat Production : 144.70 GWh/year - Average Annual Peaking Fuel Heat Production : 98.20 GWh/year - Direct-Use heat breakeven price (LCOH) : 8.72 USD/MMBTU - Number of production wells : 2 - Number of injection wells : 2 - Flowrate per production well : 50.0 kg/sec - Well depth (or total length, if not vertical): 3.5 kilometer - Geothermal gradient : 0.0295 °C/m + End-Use Option: Direct-Use Heat + Average Direct-Use Heat Production: 19.15 MW + Annual District Heating Demand: 242.90 GWh/year + Average Annual Geothermal Heat Production: 144.70 GWh/year + Average Annual Peaking Fuel Heat Production: 98.20 GWh/year + Direct-Use heat breakeven price (LCOH): 8.72 USD/MMBTU + Number of production wells: 2 + Number of injection wells: 2 + Flowrate per production well: 50.0 kg/sec + Well depth (or total length, if not vertical): 3.5 kilometer + Geothermal gradient: 0.0295 degC/m + ***ECONOMIC PARAMETERS*** - Economic Model : Standard Levelized Cost - Interest Rate : 5.00 - Accrued financing during construction : 0.00 - Project lifetime : 30 yr - Capacity factor : 86.3 % - Project NPV : -17.76 MUSD - Project IRR : 2.02 % - Project VIR=PI=PIR : 0.61 - Project MOIC : 0.16 - Project Payback Period : 22.82 yr - - ***ENGINEERING PARAMETERS*** - - Number of Production Wells : 2 - Number of Injection Wells : 2 - Well depth (or total length, if not vertical): 3.5 kilometer - Water loss rate : 0.0 - Pump efficiency : 80.0 - Injection temperature : 50.0 °C - User-provided production well temperature drop: - Constant production well temperature drop : 3.0 °C - Flowrate per production well : 50.0 kg/sec - Injection well casing ID : 6.000 in - Production well casing ID : 6.000 in - Number of times redrilling : 0 - - ***RESOURCE CHARACTERISTICS*** - - Maximum reservoir temperature : 400.0 °C - Number of segments : 1 - Geothermal gradient : 0.0295 °C/m + Economic Model = Standard Levelized Cost + Interest Rate: 5.00 + Accrued financing during construction: 0.00 + Project lifetime: 30 yr + Capacity factor: 86.3 % + Project NPV: -17.76 MUSD + Project IRR: 2.02 % + Project VIR=PI=PIR: 0.61 + Project MOIC: 0.16 + Project Payback Period: 22.82 yr + + ***ENGINEERING PARAMETERS*** + + Number of Production Wells: 2 + Number of Injection Wells: 2 + Well depth (or total length, if not vertical): 3.5 kilometer + Water loss rate: 0.0 + Pump efficiency: 80.0 + Injection temperature: 50.0 degC + User-provided production well temperature drop + Constant production well temperature drop: 3.0 degC + Flowrate per production well: 50.0 kg/sec + Injection well casing ID: 6.000 in + Production well casing ID: 6.000 in + Number of times redrilling: 0 + + + ***RESOURCE CHARACTERISTICS*** + + Maximum reservoir temperature: 400.0 degC + Number of segments: 1 + Geothermal gradient: 0.0295 degC/m + ***RESERVOIR PARAMETERS*** - Reservoir Model : Annual Percentage Thermal Drawdown Model - Annual Thermal Drawdown : 0.300 1/year - Bottom-hole temperature : 115.25 °C - Warning: the reservoir dimensions and thermo-physical properties: - listed below are default values if not provided by the user.: - They are only used for calculating remaining heat content.: - Reservoir volume provided as input : - Reservoir volume : 125000000 m³ - Reservoir hydrostatic pressure : 35230.39 kPa - Plant outlet pressure : 446.32 kPa - Production wellhead pressure : 515.27 kPa - Productivity Index : 10.00 kg/sec/bar - Injectivity Index : 10.00 kg/sec/bar - Reservoir density : 2700.00 kg/m³ - Reservoir heat capacity : 1000.00 J/kg/K - - ***RESERVOIR STIMULATION RESULTS*** - - Maximum Production Temperature : 112.2 °C - Average Production Temperature : 109.3 °C - Minimum Production Temperature : 106.4 °C - Initial Production Temperature : 112.2 °C - Average Reservoir Heat Extraction : 23.94 MW - Wellbore Heat Transmission Model = Constant Temperature Drop: 3.0 °C - Average Injection Well Pump Pressure Drop : 1640.8 kPa - Average Production Well Pump Pressure Drop : 1332.3 kPa - - ***CAPITAL COSTS*** - - Drilling and completion costs : 27.30 MUSD - Drilling and completion costs per well : 6.82 MUSD - Stimulation costs : 1.00 MUSD - Surface power plant costs : 12.14 MUSD - Peaking Boiler Cost : 4.05 MUSD - Field gathering system costs : 2.49 MUSD - District Heating System Cost : 2.70 MUSD - Total surface equipment costs : 14.64 MUSD - Exploration costs : 0.00 MUSD - Total capital costs : 45.63 MUSD - - ***OPERATING AND MAINTENANCE COSTS*** - - Wellfield maintenance costs : 0.48 MUSD/yr - Power plant maintenance costs : 0.72 MUSD/yr - Water costs : 0.00 MUSD/yr - Average Reservoir Pumping Cost : 0.19 MUSD/yr - Annual District Heating O&M Cost : 0.37 MUSD/yr - Average Annual Peaking Fuel Cost : 3.15 MUSD/yr - Total operating and maintenance costs : 1.75 MUSD/yr + Reservoir Model = Annual Percentage Thermal Drawdown Model + Annual Thermal Drawdown: 0.300 1/year + Bottom-hole temperature: 115.25 degC + Warning: the reservoir dimensions and thermo-physical properties + listed below are default values if not provided by the user. + They are only used for calculating remaining heat content. + Reservoir volume provided as input + Reservoir volume: 125000000 m**3 + Reservoir hydrostatic pressure: 35230.39 kPa + Plant outlet pressure: 446.32 kPa + Production wellhead pressure: 515.27 kPa + Productivity Index: 10.00 kg/sec/bar + Injectivity Index: 10.00 kg/sec/bar + Reservoir density: 2700.00 kg/m**3 + Reservoir heat capacity: 1000.00 J/kg/K + + + ***RESERVOIR SIMULATION RESULTS*** + + Maximum Production Temperature: 112.2 degC + Average Production Temperature: 109.3 degC + Minimum Production Temperature: 106.4 degC + Initial Production Temperature: 112.2 degC + Average Reservoir Heat Extraction: 23.94 MW + Wellbore Heat Transmission Model = Constant Temperature Drop: 3.0 degC + Average Injection Well Pump Pressure Drop: 1640.8 kPa + Average Production Well Pump Pressure Drop: 1332.3 kPa + + + ***CAPITAL COSTS (M$)*** + + Drilling and completion costs: 27.30 MUSD + Drilling and completion costs per well: 6.82 MUSD + Stimulation costs: 1.00 MUSD + Surface power plant costs: 12.14 MUSD + of which Peaking Boiler Cost: 4.05 MUSD + Field gathering system costs: 2.49 MUSD + District Heating System Cost: 2.70 MUSD + Total surface equipment costs: 14.64 MUSD + Exploration costs: 0.00 MUSD + Total capital costs: 45.63 MUSD + + + ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** + + Wellfield maintenance costs: 0.48 MUSD/yr + Power plant maintenance costs: 0.72 MUSD/yr + Water costs: 0.00 MUSD/yr + Average Reservoir Pumping Cost: 0.19 MUSD/yr + Annual District Heating O&M Cost: 0.37 MUSD/yr + Average Annual Peaking Fuel Cost: 3.15 MUSD/yr + Total operating and maintenance costs: 1.75 MUSD/yr + ***SURFACE EQUIPMENT SIMULATION RESULTS*** - Maximum Net Heat Production : 20.10 MW - Average Net Heat Production : 19.15 MW - Minimum Net Heat Production : 18.21 MW - Initial Net Heat Production : 20.10 MW - Average Annual Heat Production : 143.14 - Annual District Heating Demand : 242.90 GWh/year - Maximum Daily District Heating Demand : 1683.32 MWh/day - Average Daily District Heating Demand : 665.47 MWh/day - Minimum Daily District Heating Demand : 216.86 MWh/day - Maximum Geothermal Heating Production : 20.08 MW - Average Geothermal Heating Production : 16.52 MW - Minimum Geothermal Heating Production : 9.04 MW - Maximum Peaking Boiler Heat Production : 51.93 MW - Average Peaking Boiler Heat Production : 11.21 MW - Minimum Peaking Boiler Heat Production : 0.00 MW - Average Pumping Power : 0.37 MW - - *************************************************************** + Maximum Net Heat Production: 20.10 MW + Average Net Heat Production: 19.15 MW + Minimum Net Heat Production: 18.21 MW + Initial Net Heat Production: 20.10 MW + Average Annual Heat Production: 143.14 GWh + Annual District Heating Demand: 242.90 GWh/year + Maximum Daily District Heating Demand: 1683.32 MWh/day + Average Daily District Heating Demand: 665.47 MWh/day + Minimum Daily District Heating Demand: 216.86 MWh/day + Maximum Geothermal Heating Production: 20.08 MW + Average Geothermal Heating Production: 16.52 MW + Minimum Geothermal Heating Production: 9.04 MW + Maximum Peaking Boiler Heat Production: 51.93 MW + Average Peaking Boiler Heat Production: 11.21 MW + Minimum Peaking Boiler Heat Production: 0.00 MW + Average Pumping Power: 0.37 MW + + ************************************************************ * HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * - *************************************************************** - Year Thermal Drawdown (%) Geofluid Temperature (°C) Pump Power (MW) Geothermal Heat Output (MW) - 1 1.0000 112.25 0.3605 20.1017 - 2 0.9982 112.05 0.3611 20.0378 - 3 0.9965 111.85 0.3616 19.9739 - 4 0.9947 111.66 0.3621 19.9099 - 5 0.9929 111.46 0.3627 19.8460 - 6 0.9912 111.26 0.3632 19.7821 - 7 0.9894 111.06 0.3637 19.7182 - 8 0.9877 110.86 0.3643 19.6543 - 9 0.9859 110.67 0.3648 19.5903 - 10 0.9841 110.47 0.3654 19.5264 - 11 0.9824 110.27 0.3659 19.4625 - 12 0.9806 110.07 0.3664 19.3986 - 13 0.9788 109.87 0.3670 19.3347 - 14 0.9771 109.68 0.3675 19.2707 - 15 0.9753 109.48 0.3680 19.2068 - 16 0.9735 109.28 0.3685 19.1429 - 17 0.9718 109.08 0.3691 19.0790 - 18 0.9700 108.88 0.3696 19.0150 - 19 0.9683 108.69 0.3701 18.9511 - 20 0.9665 108.49 0.3707 18.8872 - 21 0.9647 108.29 0.3712 18.8233 - 22 0.9630 108.09 0.3717 18.7594 - 23 0.9612 107.90 0.3722 18.6954 - 24 0.9594 107.70 0.3728 18.6315 - 25 0.9577 107.50 0.3733 18.5676 - 26 0.9559 107.30 0.3738 18.5037 - 27 0.9541 107.10 0.3743 18.4397 - 28 0.9524 106.91 0.3749 18.3758 - 29 0.9506 106.71 0.3754 18.3119 - 30 0.9489 106.51 0.3759 18.2480 - - *************************************************************** - *ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE* - *************************************************************** - Year Electricity Provided (kW) Peaking Boiler Heat Provided (MWh/year) Heat Extracted(GW/yr) Reservoir Heat Content (MW) Percentage of Total Heat Mined (%) - 1 149.3 93.6 186.65 21.35 3.05 - 2 149.0 93.9 186.26 20.68 6.10 - 3 148.7 94.2 185.87 20.01 9.13 - 4 148.4 94.5 185.48 19.34 12.17 - 5 148.1 94.8 185.08 18.68 15.19 - 6 147.7 95.1 184.69 18.01 18.21 - 7 147.4 95.5 184.29 17.35 21.22 - 8 147.1 95.8 183.89 16.69 24.23 - 9 146.8 96.1 183.49 16.03 27.23 - 10 146.5 96.4 183.09 15.37 30.22 - 11 146.2 96.7 182.69 14.71 33.21 - 12 145.8 97.1 182.29 14.05 36.19 - 13 145.5 97.4 181.89 13.40 39.16 - 14 145.2 97.7 181.49 12.74 42.13 - 15 144.9 98.0 181.09 12.09 45.09 - 16 144.5 98.3 180.69 11.44 48.04 - 17 144.2 98.7 180.29 10.79 50.99 - 18 143.9 99.0 179.89 10.15 53.93 - 19 143.6 99.3 179.48 9.50 56.87 - 20 143.3 99.6 179.08 8.85 59.79 - 21 142.9 100.0 178.68 8.21 62.71 - 22 142.6 100.3 178.28 7.57 65.63 - 23 142.3 100.6 177.87 6.93 68.54 - 24 142.0 100.9 177.46 6.29 71.44 - 25 141.6 101.3 177.06 5.65 74.33 - 26 141.3 101.6 176.65 5.02 77.22 - 27 141.0 101.9 176.24 4.38 80.10 - 28 140.7 102.2 175.83 3.75 82.97 - 29 140.3 102.6 175.42 3.12 85.84 - 30 93.4 102.9 116.73 2.70 87.75 - - *************************************************************** - * REVENUE & CASHFLOW PROFILE * - *************************************************************** - Year Electricity:Price (USD/kWh) Electricity:Ann. Rev. (MUSD/yr) Electricity:Cumm. Rev. (MUSD) Heat:Price (USD/kWh) Heat:Ann. Rev. (MUSD/yr) Heat:Cumm. Rev. (MUSD) Cooling:Price (USD/kWh) Cooling:Ann. Rev. (MUSD/yr) Cooling:Cumm. Rev. (MUSD) Carbon:Price (USD/tonne) Carbon:Ann. Rev. (MUSD/yr) Carbon:Cumm. Rev. (MUSD) Project:OPEX (MUSD/yr) Project:Net Rev. (MUSD/yr) Project:Net Cashflow (MUSD) - 1 0.0000 0.00 0.00 0.0000 -45.63 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.00 -45.63 -45.63 - 2 0.0550 0.00 0.00 0.0250 2.17 3.73 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.17 -43.46 - 3 0.0550 0.00 0.00 0.0250 2.17 7.46 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.17 -41.29 - 4 0.0550 0.00 0.00 0.0250 2.16 11.18 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.16 -39.13 - 5 0.0550 0.00 0.00 0.0250 2.15 14.89 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.15 -36.98 - 6 0.0550 0.00 0.00 0.0250 2.14 18.59 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.14 -34.84 - 7 0.0550 0.00 0.00 0.0250 2.13 22.28 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.13 -32.70 - 8 0.0550 0.00 0.00 0.0250 2.13 25.97 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.13 -30.58 - 9 0.0550 0.00 0.00 0.0250 2.12 29.64 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.12 -28.46 - 10 0.0550 0.00 0.00 0.0250 2.11 33.31 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.11 -26.35 - 11 0.0550 0.00 0.00 0.0250 2.10 36.98 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.10 -24.24 - 12 0.0550 0.00 0.00 0.0250 2.10 40.63 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.10 -22.15 - 13 0.0550 0.00 0.00 0.0250 2.09 44.28 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.09 -20.06 - 14 0.0550 0.00 0.00 0.0250 2.08 47.91 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.08 -17.98 - 15 0.0550 0.00 0.00 0.0250 2.07 51.54 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.07 -15.91 - 16 0.0550 0.00 0.00 0.0250 2.06 55.16 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.06 -13.85 - 17 0.0550 0.00 0.00 0.0250 2.06 58.78 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.06 -11.79 - 18 0.0550 0.00 0.00 0.0250 2.05 62.38 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.05 -9.75 - 19 0.0550 0.00 0.00 0.0250 2.04 65.98 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.04 -7.71 - 20 0.0550 0.00 0.00 0.0250 2.03 69.57 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.03 -5.68 - 21 0.0550 0.00 0.00 0.0250 2.02 73.15 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.02 -3.65 - 22 0.0550 0.00 0.00 0.0250 2.01 76.73 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.01 -1.64 - 23 0.0550 0.00 0.00 0.0250 2.01 80.29 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.01 0.37 - 24 0.0550 0.00 0.00 0.0250 2.00 83.85 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 2.00 2.37 - 25 0.0550 0.00 0.00 0.0250 1.99 87.40 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 1.99 4.36 - 26 0.0550 0.00 0.00 0.0250 1.98 90.94 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 1.98 6.34 - 27 0.0550 0.00 0.00 0.0250 1.97 94.47 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 1.97 8.31 - 28 0.0550 0.00 0.00 0.0250 1.97 98.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 1.97 10.28 - 29 0.0550 0.00 0.00 0.0250 1.96 101.51 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 1.96 12.24 - 30 0.0550 0.00 0.00 0.0250 1.95 105.02 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 1.95 14.19 - 31 0.0550 0.00 0.00 0.0250 0.78 107.36 0.0250 0.00 0.00 0.0000 0.00 0.00 1.56 0.78 14.96 + ************************************************************ + YEAR THERMAL GEOFLUID PUMP GEOTHERMAL + DRAWDOWN TEMPERATURE POWER HEAT OUTPUT + (deg C) (MWe) (MWt) + 0 1.0000 112.25 0.3605 20.1017 + 1 0.9982 112.05 0.3611 20.0378 + 2 0.9965 111.85 0.3616 19.9739 + 3 0.9947 111.66 0.3621 19.9099 + 4 0.9929 111.46 0.3627 19.8460 + 5 0.9912 111.26 0.3632 19.7821 + 6 0.9894 111.06 0.3637 19.7182 + 7 0.9877 110.86 0.3643 19.6543 + 8 0.9859 110.67 0.3648 19.5903 + 9 0.9841 110.47 0.3654 19.5264 + 10 0.9824 110.27 0.3659 19.4625 + 11 0.9806 110.07 0.3664 19.3986 + 12 0.9788 109.87 0.3670 19.3347 + 13 0.9771 109.68 0.3675 19.2707 + 14 0.9753 109.48 0.3680 19.2068 + 15 0.9735 109.28 0.3685 19.1429 + 16 0.9718 109.08 0.3691 19.0790 + 17 0.9700 108.88 0.3696 19.0150 + 18 0.9683 108.69 0.3701 18.9511 + 19 0.9665 108.49 0.3707 18.8872 + 20 0.9647 108.29 0.3712 18.8233 + 21 0.9630 108.09 0.3717 18.7594 + 22 0.9612 107.90 0.3722 18.6954 + 23 0.9594 107.70 0.3728 18.6315 + 24 0.9577 107.50 0.3733 18.5676 + 25 0.9559 107.30 0.3738 18.5037 + 26 0.9541 107.10 0.3743 18.4397 + 27 0.9524 106.91 0.3749 18.3758 + 28 0.9506 106.71 0.3754 18.3119 + 29 0.9489 106.51 0.3759 18.2480 + + + ******************************************************************* + * ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * + ******************************************************************* + YEAR GEOTHERMAL PEAKING BOILER RESERVOIR HEAT RESERVOIR PERCENTAGE OF + HEATING PROVIDED HEATING PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED + (GWh/year) (GWh/year) (GWh/year) (10^15 J) (%) + 1 149.3 93.6 186.65 21.35 3.05 + 2 149.0 93.9 186.26 20.68 6.10 + 3 148.7 94.2 185.87 20.01 9.13 + 4 148.4 94.5 185.48 19.34 12.17 + 5 148.1 94.8 185.08 18.68 15.19 + 6 147.7 95.1 184.69 18.01 18.21 + 7 147.4 95.5 184.29 17.35 21.22 + 8 147.1 95.8 183.89 16.69 24.23 + 9 146.8 96.1 183.49 16.03 27.23 + 10 146.5 96.4 183.09 15.37 30.22 + 11 146.2 96.7 182.69 14.71 33.21 + 12 145.8 97.1 182.29 14.05 36.19 + 13 145.5 97.4 181.89 13.40 39.16 + 14 145.2 97.7 181.49 12.74 42.13 + 15 144.9 98.0 181.09 12.09 45.09 + 16 144.5 98.3 180.69 11.44 48.04 + 17 144.2 98.7 180.29 10.79 50.99 + 18 143.9 99.0 179.89 10.15 53.93 + 19 143.6 99.3 179.48 9.50 56.87 + 20 143.3 99.6 179.08 8.85 59.79 + 21 142.9 100.0 178.68 8.21 62.71 + 22 142.6 100.3 178.28 7.57 65.63 + 23 142.3 100.6 177.87 6.93 68.54 + 24 142.0 100.9 177.46 6.29 71.44 + 25 141.6 101.3 177.06 5.65 74.33 + 26 141.3 101.6 176.65 5.02 77.22 + 27 141.0 101.9 176.24 4.38 80.10 + 28 140.7 102.2 175.83 3.75 82.97 + 29 140.3 102.6 175.42 3.12 85.84 + 30 93.4 102.9 116.73 2.70 87.75 + + + ******************************** + * REVENUE & CASHFLOW PROFILE * + ******************************** +Year Electricity | Heat | Cooling | Carbon | Project +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/tonne) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD) +________________________________________________________________________________________________________________________________________________________________________________________ + 1 0.00 0.00 0.00 | 0.00 -45.63 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -45.63 -45.63 + 2 5.50 0.00 0.00 | 2.50 2.17 3.73 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.17 -43.46 + 3 5.50 0.00 0.00 | 2.50 2.17 7.46 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.17 -41.29 + 4 5.50 0.00 0.00 | 2.50 2.16 11.18 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.16 -39.13 + 5 5.50 0.00 0.00 | 2.50 2.15 14.89 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.15 -36.98 + 6 5.50 0.00 0.00 | 2.50 2.14 18.59 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.14 -34.84 + 7 5.50 0.00 0.00 | 2.50 2.13 22.28 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.13 -32.70 + 8 5.50 0.00 0.00 | 2.50 2.13 25.97 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.13 -30.58 + 9 5.50 0.00 0.00 | 2.50 2.12 29.64 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.12 -28.46 + 10 5.50 0.00 0.00 | 2.50 2.11 33.31 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.11 -26.35 + 11 5.50 0.00 0.00 | 2.50 2.10 36.98 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.10 -24.24 + 12 5.50 0.00 0.00 | 2.50 2.10 40.63 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.10 -22.15 + 13 5.50 0.00 0.00 | 2.50 2.09 44.28 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.09 -20.06 + 14 5.50 0.00 0.00 | 2.50 2.08 47.91 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.08 -17.98 + 15 5.50 0.00 0.00 | 2.50 2.07 51.54 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.07 -15.91 + 16 5.50 0.00 0.00 | 2.50 2.06 55.16 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.06 -13.85 + 17 5.50 0.00 0.00 | 2.50 2.06 58.78 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.06 -11.79 + 18 5.50 0.00 0.00 | 2.50 2.05 62.38 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.05 -9.75 + 19 5.50 0.00 0.00 | 2.50 2.04 65.98 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.04 -7.71 + 20 5.50 0.00 0.00 | 2.50 2.03 69.57 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.03 -5.68 + 21 5.50 0.00 0.00 | 2.50 2.02 73.15 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.02 -3.65 + 22 5.50 0.00 0.00 | 2.50 2.01 76.73 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.01 -1.64 + 23 5.50 0.00 0.00 | 2.50 2.01 80.29 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.01 0.37 + 24 5.50 0.00 0.00 | 2.50 2.00 83.85 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 2.00 2.37 + 25 5.50 0.00 0.00 | 2.50 1.99 87.40 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 1.99 4.36 + 26 5.50 0.00 0.00 | 2.50 1.98 90.94 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 1.98 6.34 + 27 5.50 0.00 0.00 | 2.50 1.97 94.47 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 1.97 8.31 + 28 5.50 0.00 0.00 | 2.50 1.97 98.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 1.97 10.28 + 29 5.50 0.00 0.00 | 2.50 1.96 101.51 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 1.96 12.24 + 30 5.50 0.00 0.00 | 2.50 1.95 105.02 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.56 1.95 14.19 diff --git a/tests/examples/example13.out b/tests/examples/example13.out index 0305cee7..efe02129 100644 --- a/tests/examples/example13.out +++ b/tests/examples/example13.out @@ -4,231 +4,246 @@ Simulation Metadata ---------------------- -GEOPHIRES Version: 3.4.22 -GEOPHIRES Build Date: 2024-03-05 -Simulation Date: 2024-03-20 -Simulation Time: 17:40 -Calculation Time: 0.107 sec + GEOPHIRES Version: 3.4.21 + GEOPHIRES Build Date: 2024-03-05 + Simulation Date: 2024-03-12 + Simulation Time: 07:19 + Calculation Time: 0.043 sec ***SUMMARY OF RESULTS*** - End-Use Option : Cogeneration Bottoming Cycle, Electricity sales considered as extra income - Average Net Electricity Production : 3.12 MW - Average Direct-Use Heat Production : 15.20 MW - Electricity breakeven price : 18.46 cents/kWh - Direct-Use heat breakeven price (LCOH) : 7.30 USD/MMBTU - Number of production wells : 2 - Number of injection wells : 2 - Flowrate per production well : 50.0 kg/sec - Well depth (or total length, if not vertical): 4.0 kilometer - Geothermal gradient : 0.0500 °C/m + End-Use Option: Cogeneration Bottoming Cycle, Electricity sales considered as extra income + Average Net Electricity Production: 3.12 MW + Average Direct-Use Heat Production: 15.20 MW + Electricity breakeven price: 18.46 cents/kWh + Direct-Use heat breakeven price (LCOH): 7.30 USD/MMBTU + Number of production wells: 2 + Number of injection wells: 2 + Flowrate per production well: 50.0 kg/sec + Well depth (or total length, if not vertical): 4.0 kilometer + Geothermal gradient: 0.0500 degC/m + ***ECONOMIC PARAMETERS*** - Economic Model : Standard Levelized Cost - Interest Rate : 5.00 - Accrued financing during construction : 0.00 - Project lifetime : 30 yr - Capacity factor : 80.0 % - Project NPV : -45.14 MUSD - Project IRR : -6.57 % - Project VIR=PI=PIR : 0.20 - Project MOIC : -0.23 - Project Payback Period : N/A - CHP: Percent cost allocation for electrical plant: 60.94 % - - ***ENGINEERING PARAMETERS*** - - Number of Production Wells : 2 - Number of Injection Wells : 2 - Well depth (or total length, if not vertical): 4.0 kilometer - Water loss rate : 0.0 - Pump efficiency : 80.0 - Injection temperature : 50.0 °C - User-provided production well temperature drop: - Constant production well temperature drop : 3.0 °C - Flowrate per production well : 50.0 kg/sec - Injection well casing ID : 6.000 in - Production well casing ID : 6.000 in - Number of times redrilling : 1 - Power plant type : Subcritical ORC - - ***RESOURCE CHARACTERISTICS*** - - Maximum reservoir temperature : 400.0 °C - Number of segments : 1 - Geothermal gradient : 0.0500 °C/m + Economic Model = Standard Levelized Cost + Interest Rate: 5.00 + Accrued financing during construction: 0.00 + Project lifetime: 30 yr + Capacity factor: 80.0 % + Project NPV: -45.14 MUSD + Project IRR: -6.57 % + Project VIR=PI=PIR: 0.20 + Project MOIC: -0.23 + Project Payback Period: N/A + CHP: Percent cost allocation for electrical plant: 60.94% + + ***ENGINEERING PARAMETERS*** + + Number of Production Wells: 2 + Number of Injection Wells: 2 + Well depth (or total length, if not vertical): 4.0 kilometer + Water loss rate: 0.0 + Pump efficiency: 80.0 + Injection temperature: 50.0 degC + User-provided production well temperature drop + Constant production well temperature drop: 3.0 degC + Flowrate per production well: 50.0 kg/sec + Injection well casing ID: 6.000 in + Production well casing ID: 6.000 in + Number of times redrilling: 1 + Power plant type: Subcritical ORC + + + ***RESOURCE CHARACTERISTICS*** + + Maximum reservoir temperature: 400.0 degC + Number of segments: 1 + Geothermal gradient: 0.0500 degC/m + ***RESERVOIR PARAMETERS*** - Reservoir Model : Annual Percentage Thermal Drawdown Model - Annual Thermal Drawdown : 1.000 1/year - Bottom-hole temperature : 212.00 °C - Warning: the reservoir dimensions and thermo-physical properties: - listed below are default values if not provided by the user.: - They are only used for calculating remaining heat content.: - Reservoir volume provided as input : - Reservoir volume : 125000000 m³ - Reservoir hydrostatic pressure : 39028.92 kPa - Plant outlet pressure : 2260.87 kPa - Production wellhead pressure : 2329.82 kPa - Productivity Index : 10.00 kg/sec/bar - Injectivity Index : 10.00 kg/sec/bar - Reservoir density : 2700.00 kg/m³ - Reservoir heat capacity : 1000.00 J/kg/K - - ***RESERVOIR STIMULATION RESULTS*** - - Maximum Production Temperature : 209.0 °C - Average Production Temperature : 197.0 °C - Minimum Production Temperature : 184.4 °C - Initial Production Temperature : 209.0 °C - Average Reservoir Heat Extraction : 59.46 MW - Wellbore Heat Transmission Model = Constant Temperature Drop: 3.0 °C - Average Injection Well Pump Pressure Drop : -1375.4 kPa - Average Production Well Pump Pressure Drop : 2091.5 kPa - - ***CAPITAL COSTS*** - - Drilling and completion costs : 33.28 MUSD - Drilling and completion costs per well : 8.32 MUSD - Stimulation costs : 1.00 MUSD - Surface power plant costs : 19.67 MUSD - Field gathering system costs : 2.33 MUSD - Total surface equipment costs : 22.01 MUSD - Exploration costs : 0.00 MUSD - Total capital costs : 56.29 MUSD - - ***OPERATING AND MAINTENANCE COSTS*** - - Wellfield maintenance costs : 0.69 MUSD/yr - Power plant maintenance costs : 1.29 MUSD/yr - Water costs : 0.00 MUSD/yr - Total operating and maintenance costs : 3.11 MUSD/yr + Reservoir Model = Annual Percentage Thermal Drawdown Model + Annual Thermal Drawdown: 1.000 1/year + Bottom-hole temperature: 212.00 degC + Warning: the reservoir dimensions and thermo-physical properties + listed below are default values if not provided by the user. + They are only used for calculating remaining heat content. + Reservoir volume provided as input + Reservoir volume: 125000000 m**3 + Reservoir hydrostatic pressure: 39028.92 kPa + Plant outlet pressure: 2260.87 kPa + Production wellhead pressure: 2329.82 kPa + Productivity Index: 10.00 kg/sec/bar + Injectivity Index: 10.00 kg/sec/bar + Reservoir density: 2700.00 kg/m**3 + Reservoir heat capacity: 1000.00 J/kg/K + + + ***RESERVOIR SIMULATION RESULTS*** + + Maximum Production Temperature: 209.0 degC + Average Production Temperature: 197.0 degC + Minimum Production Temperature: 184.4 degC + Initial Production Temperature: 209.0 degC + Average Reservoir Heat Extraction: 59.46 MW + Wellbore Heat Transmission Model = Constant Temperature Drop: 3.0 degC + Average Injection Well Pump Pressure Drop: -1375.4 kPa + Average Production Well Pump Pressure Drop: 2091.5 kPa + + + ***CAPITAL COSTS (M$)*** + + Drilling and completion costs: 33.28 MUSD + Drilling and completion costs per well: 8.32 MUSD + Stimulation costs: 1.00 MUSD + Surface power plant costs: 19.67 MUSD + Field gathering system costs: 2.33 MUSD + Total surface equipment costs: 22.01 MUSD + Exploration costs: 0.00 MUSD + Total capital costs: 56.29 MUSD + + + ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** + + Wellfield maintenance costs: 0.69 MUSD/yr + Power plant maintenance costs: 1.29 MUSD/yr + Water costs: 0.00 MUSD/yr + Total operating and maintenance costs: 3.11 MUSD/yr + ***SURFACE EQUIPMENT SIMULATION RESULTS*** - Initial geofluid availability : 0.11 MW/(kg/s) - Maximum Total Electricity Generation : 3.40 MW - Average Total Electricity Generation : 3.40 MW - Minimum Total Electricity Generation : 3.40 MW - Initial Total Electricity Generation : 3.40 MW - Maximum Net Electricity Generation : 3.17 MW - Average Net Electricity Generation : 3.12 MW - Minimum Net Electricity Generation : 3.07 MW - Initial Net Electricity Generation : 3.17 MW - Average Annual Total Electricity Generation : 0.00 GWh - Average Annual Net Electricity Generation : 0.00 GWh - Initial pumping power/net installed power : 7.31 % - Maximum Net Heat Production : 19.09 MW - Average Net Heat Production : 15.20 MW - Minimum Net Heat Production : 11.14 MW - Initial Net Heat Production : 19.09 MW - Average Annual Heat Production : 105.36 - Average Pumping Power : 0.28 MW - - *************************************************************** + Initial geofluid availability: 0.11 MW/(kg/s) + Maximum Total Electricity Generation: 3.40 MW + Average Total Electricity Generation: 3.40 MW + Minimum Total Electricity Generation: 3.40 MW + Initial Total Electricity Generation: 3.40 MW + Maximum Net Electricity Generation: 3.17 MW + Average Net Electricity Generation: 3.12 MW + Minimum Net Electricity Generation: 3.07 MW + Initial Net Electricity Generation: 3.17 MW + Average Annual Total Electricity Generation: 23.57 GWh + Average Annual Net Electricity Generation: 21.62 GWh + Initial pumping power/net installed power: 7.31 % + Maximum Net Heat Production: 19.09 MW + Average Net Heat Production: 15.20 MW + Minimum Net Heat Production: 11.14 MW + Initial Net Heat Production: 19.09 MW + Average Annual Heat Production: 105.36 GWh + Average Pumping Power: 0.28 MW + + ************************************************************ * HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * - *************************************************************** - Year Thermal Drawdown (%) Geofluid Temperature (°C) Pump Power (MW) Net Power (MW) Net Heat (MW) First Law Efficiency (%) - 1 1.0000 209.00 0.2316 3.1701 19.0936 7.8367 - 2 0.9922 207.36 0.2387 3.1631 18.5634 7.8192 - 3 0.9843 205.72 0.2457 3.1561 18.0333 7.8019 - 4 0.9765 204.09 0.2526 3.1491 17.5031 7.7847 - 5 0.9686 202.45 0.2595 3.1422 16.9730 7.7677 - 6 0.9608 200.81 0.2664 3.1354 16.4428 7.7507 - 7 0.9530 199.17 0.2732 3.1286 15.9127 7.7339 - 8 0.9451 197.53 0.2799 3.1218 15.3825 7.7172 - 9 0.9373 195.89 0.2867 3.1151 14.8524 7.7006 - 10 0.9295 194.26 0.2933 3.1084 14.3222 7.6841 - 11 0.9216 192.62 0.2999 3.1018 13.7920 7.6677 - 12 0.9138 190.98 0.3065 3.0952 13.2619 7.6515 - 13 0.9059 189.34 0.3130 3.0887 12.7317 7.6354 - 14 0.8981 187.70 0.3195 3.0822 12.2016 7.6194 - 15 0.8903 186.07 0.3259 3.0758 11.6714 7.6035 - 16 0.8824 184.43 0.3323 3.0694 11.1413 7.5877 - 17 0.9948 207.91 0.2363 3.1654 18.7402 7.8250 - 18 0.9869 206.27 0.2433 3.1584 18.2100 7.8077 - 19 0.9791 204.63 0.2503 3.1514 17.6798 7.7904 - 20 0.9713 202.99 0.2572 3.1445 17.1497 7.7733 - 21 0.9634 201.36 0.2641 3.1376 16.6195 7.7563 - 22 0.9556 199.72 0.2709 3.1308 16.0894 7.7395 - 23 0.9477 198.08 0.2777 3.1240 15.5592 7.7227 - 24 0.9399 196.44 0.2844 3.1173 15.0291 7.7061 - 25 0.9321 194.80 0.2911 3.1106 14.4989 7.6896 - 26 0.9242 193.16 0.2977 3.1040 13.9688 7.6732 - 27 0.9164 191.53 0.3043 3.0974 13.4386 7.6569 - 28 0.9086 189.89 0.3109 3.0909 12.9084 7.6407 - 29 0.9007 188.25 0.3174 3.0844 12.3783 7.6247 - 30 0.8929 186.61 0.3238 3.0779 11.8481 7.6088 - - *************************************************************** - *ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE* - *************************************************************** - Year Heating Provided (kW) Electricity Provided (kWh) Heat Extracted(GW/yr) Reservoir Heat Content (MW) Percentage of Total Heat Mined (%) - 1 132.0 22.2 448.43 53.06 2.95 - 2 128.2 22.1 443.78 51.46 5.87 - 3 124.5 22.1 439.14 49.88 8.77 - 4 120.8 22.0 434.50 48.32 11.63 - 5 117.1 22.0 429.85 46.77 14.46 - 6 113.4 21.9 425.21 45.24 17.26 - 7 109.7 21.9 420.56 43.73 20.03 - 8 105.9 21.9 415.92 42.23 22.76 - 9 102.2 21.8 411.28 40.75 25.47 - 10 98.5 21.8 406.63 39.28 28.15 - 11 94.8 21.7 401.99 37.84 30.80 - 12 91.1 21.7 397.34 36.41 33.41 - 13 87.4 21.6 392.70 34.99 36.00 - 14 83.7 21.6 388.06 33.60 38.55 - 15 79.9 21.5 383.41 32.22 41.08 - 16 123.7 22.1 438.11 30.64 43.96 - 17 129.5 22.2 445.33 29.03 46.90 - 18 125.8 22.1 440.69 27.45 49.80 - 19 122.0 22.1 436.04 25.88 52.67 - 20 118.3 22.0 431.40 24.33 55.51 - 21 114.6 22.0 426.76 22.79 58.32 - 22 110.9 21.9 422.11 21.27 61.10 - 23 107.2 21.9 417.47 19.77 63.85 - 24 103.5 21.8 412.82 18.28 66.56 - 25 99.8 21.8 408.18 16.81 69.25 - 26 96.0 21.7 403.54 15.36 71.91 - 27 92.3 21.7 398.89 13.92 74.54 - 28 88.6 21.6 394.25 12.50 77.13 - 29 84.9 21.6 389.60 11.10 79.70 - 30 54.5 14.4 257.16 10.17 81.39 - - *************************************************************** - * REVENUE & CASHFLOW PROFILE * - *************************************************************** - Year Electricity:Price (USD/kWh) Electricity:Ann. Rev. (MUSD/yr) Electricity:Cumm. Rev. (MUSD) Heat:Price (USD/kWh) Heat:Ann. Rev. (MUSD/yr) Heat:Cumm. Rev. (MUSD) Cooling:Price (USD/kWh) Cooling:Ann. Rev. (MUSD/yr) Cooling:Cumm. Rev. (MUSD) Carbon:Price (USD/tonne) Carbon:Ann. Rev. (MUSD/yr) Carbon:Cumm. Rev. (MUSD) Project:OPEX (MUSD/yr) Project:Net Rev. (MUSD/yr) Project:Net Cashflow (MUSD) - 1 0.0000 0.00 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.00 -56.29 -56.29 - 2 0.0550 1.22 1.22 0.0250 3.30 3.30 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 1.40 -54.89 - 3 0.0550 1.22 2.44 0.0250 3.21 6.50 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 1.31 -53.58 - 4 0.0550 1.22 3.65 0.0250 3.11 9.62 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 1.21 -52.36 - 5 0.0550 1.21 4.87 0.0250 3.02 12.64 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 1.12 -51.25 - 6 0.0550 1.21 6.08 0.0250 2.93 15.56 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 1.02 -50.22 - 7 0.0550 1.21 7.28 0.0250 2.83 18.40 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 0.93 -49.30 - 8 0.0550 1.20 8.49 0.0250 2.74 21.14 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 0.83 -48.47 - 9 0.0550 1.20 9.69 0.0250 2.65 23.79 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 0.74 -47.73 - 10 0.0550 1.20 10.89 0.0250 2.56 26.35 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 0.64 -47.09 - 11 0.0550 1.20 12.09 0.0250 2.46 28.81 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 0.54 -46.54 - 12 0.0550 1.19 13.28 0.0250 2.37 31.18 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 0.45 -46.09 - 13 0.0550 1.19 14.47 0.0250 2.28 33.45 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 0.35 -45.74 - 14 0.0550 1.19 15.66 0.0250 2.18 35.64 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 0.26 -45.48 - 15 0.0550 1.19 16.85 0.0250 2.09 37.73 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 0.16 -45.32 - 16 0.0550 1.18 18.03 0.0250 2.00 39.73 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 0.07 -45.25 - 17 0.0550 1.21 19.25 0.0250 3.09 42.82 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 1.19 -44.06 - 18 0.0550 1.22 20.47 0.0250 3.24 46.06 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 1.34 -42.72 - 19 0.0550 1.22 21.68 0.0250 3.14 49.20 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 1.25 -41.47 - 20 0.0550 1.21 22.90 0.0250 3.05 52.25 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 1.15 -40.32 - 21 0.0550 1.21 24.11 0.0250 2.96 55.21 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 1.05 -39.27 - 22 0.0550 1.21 25.31 0.0250 2.87 58.08 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 0.96 -38.31 - 23 0.0550 1.21 26.52 0.0250 2.77 60.85 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 0.86 -37.45 - 24 0.0550 1.20 27.72 0.0250 2.68 63.53 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 0.77 -36.68 - 25 0.0550 1.20 28.92 0.0250 2.59 66.11 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 0.67 -36.01 - 26 0.0550 1.20 30.12 0.0250 2.49 68.61 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 0.58 -35.43 - 27 0.0550 1.20 31.32 0.0250 2.40 71.01 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 0.48 -34.95 - 28 0.0550 1.19 32.51 0.0250 2.31 73.32 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 0.39 -34.56 - 29 0.0550 1.19 33.70 0.0250 2.22 75.53 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 0.29 -34.27 - 30 0.0550 1.19 34.89 0.0250 2.12 77.65 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 0.20 -34.08 - 31 0.0550 0.79 35.68 0.0250 1.36 79.02 0.0250 0.00 0.00 0.0000 0.00 0.00 3.11 -0.96 -35.04 + ************************************************************ + YEAR THERMAL GEOFLUID PUMP NET NET FIRST LAW + DRAWDOWN TEMPERATURE POWER POWER HEAT EFFICIENCY + (deg C) (MW) (MW) (MW) (%) + 0 1.0000 209.00 0.2316 3.1701 19.0936 7.8367 + 1 0.9922 207.36 0.2387 3.1631 18.5634 7.8192 + 2 0.9843 205.72 0.2457 3.1561 18.0333 7.8019 + 3 0.9765 204.09 0.2526 3.1491 17.5031 7.7847 + 4 0.9686 202.45 0.2595 3.1422 16.9730 7.7677 + 5 0.9608 200.81 0.2664 3.1354 16.4428 7.7507 + 6 0.9530 199.17 0.2732 3.1286 15.9127 7.7339 + 7 0.9451 197.53 0.2799 3.1218 15.3825 7.7172 + 8 0.9373 195.89 0.2867 3.1151 14.8524 7.7006 + 9 0.9295 194.26 0.2933 3.1084 14.3222 7.6841 + 10 0.9216 192.62 0.2999 3.1018 13.7920 7.6677 + 11 0.9138 190.98 0.3065 3.0952 13.2619 7.6515 + 12 0.9059 189.34 0.3130 3.0887 12.7317 7.6354 + 13 0.8981 187.70 0.3195 3.0822 12.2016 7.6194 + 14 0.8903 186.07 0.3259 3.0758 11.6714 7.6035 + 15 0.8824 184.43 0.3323 3.0694 11.1413 7.5877 + 16 0.9948 207.91 0.2363 3.1654 18.7402 7.8250 + 17 0.9869 206.27 0.2433 3.1584 18.2100 7.8077 + 18 0.9791 204.63 0.2503 3.1514 17.6798 7.7904 + 19 0.9713 202.99 0.2572 3.1445 17.1497 7.7733 + 20 0.9634 201.36 0.2641 3.1376 16.6195 7.7563 + 21 0.9556 199.72 0.2709 3.1308 16.0894 7.7395 + 22 0.9477 198.08 0.2777 3.1240 15.5592 7.7227 + 23 0.9399 196.44 0.2844 3.1173 15.0291 7.7061 + 24 0.9321 194.80 0.2911 3.1106 14.4989 7.6896 + 25 0.9242 193.16 0.2977 3.1040 13.9688 7.6732 + 26 0.9164 191.53 0.3043 3.0974 13.4386 7.6569 + 27 0.9086 189.89 0.3109 3.0909 12.9084 7.6407 + 28 0.9007 188.25 0.3174 3.0844 12.3783 7.6247 + 29 0.8929 186.61 0.3238 3.0779 11.8481 7.6088 + + + ******************************************************************* + * ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * + ******************************************************************* + YEAR HEAT ELECTRICITY HEAT RESERVOIR PERCENTAGE OF + PROVIDED PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED + (GWh/year) (GWh/year) (GWh/year) (10^15 J) (%) + 1 132.0 22.2 448.43 53.06 2.95 + 2 128.2 22.1 443.78 51.46 5.87 + 3 124.5 22.1 439.14 49.88 8.77 + 4 120.8 22.0 434.50 48.32 11.63 + 5 117.1 22.0 429.85 46.77 14.46 + 6 113.4 21.9 425.21 45.24 17.26 + 7 109.7 21.9 420.56 43.73 20.03 + 8 105.9 21.9 415.92 42.23 22.76 + 9 102.2 21.8 411.28 40.75 25.47 + 10 98.5 21.8 406.63 39.28 28.15 + 11 94.8 21.7 401.99 37.84 30.80 + 12 91.1 21.7 397.34 36.41 33.41 + 13 87.4 21.6 392.70 34.99 36.00 + 14 83.7 21.6 388.06 33.60 38.55 + 15 79.9 21.5 383.41 32.22 41.08 + 16 123.7 22.1 438.11 30.64 43.96 + 17 129.5 22.2 445.33 29.03 46.90 + 18 125.8 22.1 440.69 27.45 49.80 + 19 122.0 22.1 436.04 25.88 52.67 + 20 118.3 22.0 431.40 24.33 55.51 + 21 114.6 22.0 426.76 22.79 58.32 + 22 110.9 21.9 422.11 21.27 61.10 + 23 107.2 21.9 417.47 19.77 63.85 + 24 103.5 21.8 412.82 18.28 66.56 + 25 99.8 21.8 408.18 16.81 69.25 + 26 96.0 21.7 403.54 15.36 71.91 + 27 92.3 21.7 398.89 13.92 74.54 + 28 88.6 21.6 394.25 12.50 77.13 + 29 84.9 21.6 389.60 11.10 79.70 + 30 54.5 14.4 257.16 10.17 81.39 + + + ******************************** + * REVENUE & CASHFLOW PROFILE * + ******************************** +Year Electricity | Heat | Cooling | Carbon | Project +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/tonne) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD) +________________________________________________________________________________________________________________________________________________________________________________________ + 1 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 -56.29 -56.29 + 2 5.50 1.22 1.22 | 2.50 3.30 3.30 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 1.40 -54.89 + 3 5.50 1.22 2.44 | 2.50 3.21 6.50 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 1.31 -53.58 + 4 5.50 1.22 3.65 | 2.50 3.11 9.62 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 1.21 -52.36 + 5 5.50 1.21 4.87 | 2.50 3.02 12.64 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 1.12 -51.25 + 6 5.50 1.21 6.08 | 2.50 2.93 15.56 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 1.02 -50.22 + 7 5.50 1.21 7.28 | 2.50 2.83 18.40 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 0.93 -49.30 + 8 5.50 1.20 8.49 | 2.50 2.74 21.14 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 0.83 -48.47 + 9 5.50 1.20 9.69 | 2.50 2.65 23.79 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 0.74 -47.73 + 10 5.50 1.20 10.89 | 2.50 2.56 26.35 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 0.64 -47.09 + 11 5.50 1.20 12.09 | 2.50 2.46 28.81 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 0.54 -46.54 + 12 5.50 1.19 13.28 | 2.50 2.37 31.18 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 0.45 -46.09 + 13 5.50 1.19 14.47 | 2.50 2.28 33.45 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 0.35 -45.74 + 14 5.50 1.19 15.66 | 2.50 2.18 35.64 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 0.26 -45.48 + 15 5.50 1.19 16.85 | 2.50 2.09 37.73 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 0.16 -45.32 + 16 5.50 1.18 18.03 | 2.50 2.00 39.73 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 0.07 -45.25 + 17 5.50 1.21 19.25 | 2.50 3.09 42.82 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 1.19 -44.06 + 18 5.50 1.22 20.47 | 2.50 3.24 46.06 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 1.34 -42.72 + 19 5.50 1.22 21.68 | 2.50 3.14 49.20 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 1.25 -41.47 + 20 5.50 1.21 22.90 | 2.50 3.05 52.25 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 1.15 -40.32 + 21 5.50 1.21 24.11 | 2.50 2.96 55.21 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 1.05 -39.27 + 22 5.50 1.21 25.31 | 2.50 2.87 58.08 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 0.96 -38.31 + 23 5.50 1.21 26.52 | 2.50 2.77 60.85 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 0.86 -37.45 + 24 5.50 1.20 27.72 | 2.50 2.68 63.53 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 0.77 -36.68 + 25 5.50 1.20 28.92 | 2.50 2.59 66.11 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 0.67 -36.01 + 26 5.50 1.20 30.12 | 2.50 2.49 68.61 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 0.58 -35.43 + 27 5.50 1.20 31.32 | 2.50 2.40 71.01 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 0.48 -34.95 + 28 5.50 1.19 32.51 | 2.50 2.31 73.32 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 0.39 -34.56 + 29 5.50 1.19 33.70 | 2.50 2.22 75.53 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 0.29 -34.27 + 30 5.50 1.19 34.89 | 2.50 2.12 77.65 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.11 0.20 -34.08 diff --git a/tests/examples/example1_addons.out b/tests/examples/example1_addons.out index c3a53d2d..696b2f04 100644 --- a/tests/examples/example1_addons.out +++ b/tests/examples/example1_addons.out @@ -4,225 +4,240 @@ Simulation Metadata ---------------------- -GEOPHIRES Version: 3.4.22 -GEOPHIRES Build Date: 2024-03-05 -Simulation Date: 2024-03-20 -Simulation Time: 17:45 -Calculation Time: 1.478 sec + GEOPHIRES Version: 3.4.22 + GEOPHIRES Build Date: 2024-03-05 + Simulation Date: 2024-04-10 + Simulation Time: 14:37 + Calculation Time: 1.432 sec ***SUMMARY OF RESULTS*** - End-Use Option : Electricity - Average Net Electricity Production : 5.37 MW - Electricity breakeven price : 1.75 cents/kWh - Number of production wells : 2 - Number of injection wells : 2 - Flowrate per production well : 55.0 kg/sec - Well depth (or total length, if not vertical): 3.0 kilometer - Geothermal gradient : 0.0500 °C/m - Total Avoided Carbon Emissions : 470164.97 metric tonnes + End-Use Option: Electricity + Average Net Electricity Production: 5.37 MW + Electricity breakeven price: 1.75 cents/kWh + Number of production wells: 2 + Number of injection wells: 2 + Flowrate per production well: 55.0 kg/sec + Well depth (or total length, if not vertical): 3.0 kilometer + Geothermal gradient: 0.0500 degC/m + Total Avoided Carbon Emissions: 470164.97 metric tonnes + ***ECONOMIC PARAMETERS*** - Economic Model : Fixed Charge Rate (FCR) - Fixed Charge Rate (FCR) : 5.00 - Accrued financing during construction : 0.00 - Project lifetime : 30 yr - Capacity factor : 90.0 % - Project NPV : 74.96 MUSD - Project IRR : 20.06 % - Project VIR=PI=PIR : 3.41 - Project MOIC : 36.30 - Project Payback Period : 7.07 yr - - ***ENGINEERING PARAMETERS*** - - Number of Production Wells : 2 - Number of Injection Wells : 2 - Well depth (or total length, if not vertical): 3.0 kilometer - Water loss rate : 2.0 - Pump efficiency : 80.0 - Injection temperature : 50.0 °C - Production Wellbore heat transmission calculated with Rameys model: - Average production well temperature drop : 3.0 °C - Flowrate per production well : 55.0 kg/sec - Injection well casing ID : 7.000 in - Production well casing ID : 7.000 in - Number of times redrilling : 0 - Power plant type : Supercritical ORC - - ***RESOURCE CHARACTERISTICS*** - - Maximum reservoir temperature : 400.0 °C - Number of segments : 1 - Geothermal gradient : 0.0500 °C/m + Economic Model = Fixed Charge Rate (FCR) + Fixed Charge Rate (FCR): 5.00 + Accrued financing during construction: 0.00 + Project lifetime: 30 yr + Capacity factor: 90.0 % + Project NPV: 74.96 MUSD + Project IRR: 20.06 % + Project VIR=PI=PIR: 3.41 + Project MOIC: 36.30 + Project Payback Period: 7.07 yr + + ***ENGINEERING PARAMETERS*** + + Number of Production Wells: 2 + Number of Injection Wells: 2 + Well depth (or total length, if not vertical): 3.0 kilometer + Water loss rate: 2.0 + Pump efficiency: 80.0 + Injection temperature: 50.0 degC + Production Wellbore heat transmission calculated with Ramey's model + Average production well temperature drop: 3.0 degC + Flowrate per production well: 55.0 kg/sec + Injection well casing ID: 7.000 in + Production well casing ID: 7.000 in + Number of times redrilling: 0 + Power plant type: Supercritical ORC + + + ***RESOURCE CHARACTERISTICS*** + + Maximum reservoir temperature: 400.0 degC + Number of segments: 1 + Geothermal gradient: 0.0500 degC/m + ***RESERVOIR PARAMETERS*** - Reservoir Model : Multiple Parallel Fractures Model - Bottom-hole temperature : 170.00 °C - Fracture model : Square - Well separation: fracture height : 900.00 meter - Fracture area : 810000.00 m² - Reservoir volume : 1000000000 m³ - Reservoir hydrostatic pressure : 29430.21 kPa - Plant outlet pressure : 1067.94 kPa - Production wellhead pressure : 1136.89 kPa - Productivity Index : 5.00 kg/sec/bar - Injectivity Index : 5.00 kg/sec/bar - Reservoir density : 2700.00 kg/m³ - Reservoir thermal conductivity : 2.70 W/m/K - Reservoir heat capacity : 1000.00 J/kg/K - - ***RESERVOIR STIMULATION RESULTS*** - - Maximum Production Temperature : 167.2 °C - Average Production Temperature : 167.0 °C - Minimum Production Temperature : 165.2 °C - Initial Production Temperature : 165.2 °C - Average Reservoir Heat Extraction : 52.38 MW - Production Wellbore Heat Transmission Model : Ramey Model - Average Production Well Temperature Drop : 3.0 °C - Average Injection Well Pump Pressure Drop : 219.1 kPa - Average Production Well Pump Pressure Drop : 1248.2 kPa - - ***CAPITAL COSTS*** - - Drilling and completion costs : 21.95 MUSD - Drilling and completion costs per well : 5.49 MUSD - Stimulation costs : 3.02 MUSD - Surface power plant costs : 20.78 MUSD - Field gathering system costs : 2.32 MUSD - Total surface equipment costs : 23.10 MUSD - Exploration costs : 5.33 MUSD - Total capital costs : 31.06 MUSD - Annualized capital costs : 1.55 MUSD - - ***OPERATING AND MAINTENANCE COSTS*** - - Wellfield maintenance costs : 0.44 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 + Reservoir Model = Multiple Parallel Fractures Model + Bottom-hole temperature: 170.00 degC + Fracture model = Square + Well separation: fracture height: 900.00 meter + Fracture area: 810000.00 m**2 + Reservoir volume: 1000000000 m**3 + Reservoir hydrostatic pressure: 29430.21 kPa + Plant outlet pressure: 1067.94 kPa + Production wellhead pressure: 1136.89 kPa + Productivity Index: 5.00 kg/sec/bar + Injectivity Index: 5.00 kg/sec/bar + Reservoir density: 2700.00 kg/m**3 + Reservoir thermal conductivity: 2.70 W/m/K + Reservoir heat capacity: 1000.00 J/kg/K + + + ***RESERVOIR SIMULATION RESULTS*** + + Maximum Production Temperature: 167.2 degC + Average Production Temperature: 167.0 degC + Minimum Production Temperature: 165.2 degC + Initial Production Temperature: 165.2 degC + Average Reservoir Heat Extraction: 52.38 MW + Production Wellbore Heat Transmission Model = Ramey Model + Average Production Well Temperature Drop: 3.0 degC + Average Injection Well Pump Pressure Drop: 219.1 kPa + Average Production Well Pump Pressure Drop: 1248.2 kPa + + + ***CAPITAL COSTS (M$)*** + + Drilling and completion costs: 21.95 MUSD + Drilling and completion costs per well: 5.49 MUSD + Stimulation costs: 3.02 MUSD + Surface power plant costs: 20.78 MUSD + Field gathering system costs: 2.32 MUSD + Total surface equipment costs: 23.10 MUSD + Exploration costs: 5.33 MUSD + Total capital costs: 31.06 MUSD + Annualized capital costs: 1.55 MUSD + + + ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** + + Wellfield maintenance costs: 0.44 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 + ***SURFACE EQUIPMENT SIMULATION RESULTS*** - Initial geofluid availability : 0.11 MW/(kg/s) - Maximum Total Electricity Generation : 5.61 MW - Average Total Electricity Generation : 5.58 MW - Minimum Total Electricity Generation : 5.41 MW - Initial Total Electricity Generation : 5.41 MW - Maximum Net Electricity Generation : 5.40 MW - Average Net Electricity Generation : 5.37 MW - Minimum Net Electricity Generation : 5.20 MW - Initial Net Electricity Generation : 5.20 MW - Average Annual Total Electricity Generation : 0.00 GWh - Average Annual Net Electricity Generation : 0.00 GWh - Initial pumping power/net installed power : 4.12 % - Average Pumping Power : 0.21 MW - - *************************************************************** + Initial geofluid availability: 0.11 MW/(kg/s) + Maximum Total Electricity Generation: 5.61 MW + Average Total Electricity Generation: 5.58 MW + Minimum Total Electricity Generation: 5.41 MW + Initial Total Electricity Generation: 5.41 MW + Maximum Net Electricity Generation: 5.40 MW + Average Net Electricity Generation: 5.37 MW + Minimum Net Electricity Generation: 5.20 MW + Initial Net Electricity Generation: 5.20 MW + Average Annual Total Electricity Generation: 43.80 GWh + Average Annual Net Electricity Generation: 42.14 GWh + Initial pumping power/net installed power: 4.12 % + Average Pumping Power: 0.21 MW + + ************************************************************ * HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * - *************************************************************** - Year Thermal Drawdown (%) Geofluid Temperature (°C) Pump Power (MW) Net Power (MW) First Law Efficiency (%) - 1 1.0000 165.24 0.2141 5.1987 10.0742 - 2 1.0058 166.19 0.2133 5.2932 10.1734 - 3 1.0074 166.47 0.2130 5.3205 10.2019 - 4 1.0083 166.61 0.2129 5.3347 10.2167 - 5 1.0088 166.70 0.2128 5.3441 10.2265 - 6 1.0093 166.77 0.2128 5.3511 10.2337 - 7 1.0096 166.83 0.2127 5.3566 10.2394 - 8 1.0099 166.87 0.2127 5.3611 10.2441 - 9 1.0101 166.91 0.2127 5.3649 10.2480 - 10 1.0103 166.94 0.2126 5.3682 10.2514 - 11 1.0105 166.97 0.2126 5.3710 10.2543 - 12 1.0106 167.00 0.2126 5.3736 10.2570 - 13 1.0108 167.02 0.2126 5.3759 10.2594 - 14 1.0109 167.04 0.2126 5.3779 10.2615 - 15 1.0110 167.06 0.2125 5.3798 10.2635 - 16 1.0111 167.08 0.2125 5.3816 10.2653 - 17 1.0112 167.09 0.2125 5.3832 10.2669 - 18 1.0113 167.11 0.2125 5.3847 10.2685 - 19 1.0114 167.12 0.2125 5.3861 10.2699 - 20 1.0115 167.14 0.2125 5.3874 10.2713 - 21 1.0115 167.15 0.2125 5.3886 10.2726 - 22 1.0116 167.16 0.2125 5.3898 10.2738 - 23 1.0117 167.17 0.2125 5.3909 10.2749 - 24 1.0117 167.18 0.2124 5.3920 10.2760 - 25 1.0118 167.19 0.2124 5.3929 10.2770 - 26 1.0118 167.20 0.2124 5.3939 10.2780 - 27 1.0119 167.21 0.2124 5.3948 10.2789 - 28 1.0119 167.22 0.2124 5.3956 10.2798 - 29 1.0120 167.23 0.2124 5.3965 10.2806 - 30 1.0120 167.23 0.2124 5.3972 10.2814 - - *************************************************************** - *ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE* - *************************************************************** - Year Electricity Provided (kWh) Heat Extracted(GW/yr) Reservoir Heat Content (MW) Percentage of Total Heat Mined (%) - 1 41.4 408.71 322.53 0.45 - 2 41.9 410.75 321.05 0.91 - 3 42.0 411.44 319.57 1.37 - 4 42.1 411.84 318.09 1.83 - 5 42.2 412.13 316.60 2.28 - 6 42.2 412.35 315.12 2.74 - 7 42.3 412.52 313.63 3.20 - 8 42.3 412.67 312.15 3.66 - 9 42.3 412.79 310.66 4.12 - 10 42.4 412.90 309.17 4.58 - 11 42.4 412.99 307.69 5.03 - 12 42.4 413.08 306.20 5.49 - 13 42.4 413.16 304.71 5.95 - 14 42.4 413.23 303.23 6.41 - 15 42.4 413.29 301.74 6.87 - 16 42.5 413.35 300.25 7.33 - 17 42.5 413.40 298.76 7.79 - 18 42.5 413.45 297.27 8.25 - 19 42.5 413.50 295.78 8.71 - 20 42.5 413.55 294.30 9.17 - 21 42.5 413.59 292.81 9.63 - 22 42.5 413.63 291.32 10.09 - 23 42.5 413.67 289.83 10.55 - 24 42.5 413.70 288.34 11.01 - 25 42.5 413.74 286.85 11.47 - 26 42.6 413.77 285.36 11.93 - 27 42.6 413.80 283.87 12.39 - 28 42.6 413.83 282.38 12.85 - 29 42.6 413.86 280.89 13.31 - 30 35.5 344.90 279.65 13.69 - - *************************************************************** - * REVENUE & CASHFLOW PROFILE * - *************************************************************** - Year Electricity:Price (USD/kWh) Electricity:Ann. Rev. (MUSD/yr) Electricity:Cumm. Rev. (MUSD) Heat:Price (USD/kWh) Heat:Ann. Rev. (MUSD/yr) Heat:Cumm. Rev. (MUSD) Cooling:Price (USD/kWh) Cooling:Ann. Rev. (MUSD/yr) Cooling:Cumm. Rev. (MUSD) Carbon:Price (USD/tonne) Carbon:Ann. Rev. (MUSD/yr) Carbon:Cumm. Rev. (MUSD) Project:OPEX (MUSD/yr) Project:Net Rev. (MUSD/yr) Project:Net Cashflow (MUSD) - 1 0.0000 -31.06 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.00 -31.06 -31.06 - 2 0.0900 5.05 3.73 0.0123 0.00 0.00 0.0250 0.00 0.00 0.0150 0.51 0.51 -0.82 5.05 -26.01 - 3 0.0900 5.10 7.50 0.0123 0.00 0.00 0.0250 0.00 0.00 0.0150 0.52 1.02 -0.82 5.10 -20.91 - 4 0.0900 5.12 11.28 0.0123 0.00 0.00 0.0250 0.00 0.00 0.0150 0.52 1.54 -0.82 5.12 -15.79 - 5 0.0900 5.13 15.07 0.0123 0.00 0.00 0.0250 0.00 0.00 0.0150 0.52 2.06 -0.82 5.13 -10.66 - 6 0.0900 5.13 18.87 0.0123 0.00 0.00 0.0250 0.00 0.00 0.0150 0.52 2.58 -0.82 5.13 -5.53 - 7 0.0900 5.14 22.67 0.0123 0.00 0.00 0.0250 0.00 0.00 0.0150 0.52 3.10 -0.82 5.14 -0.39 - 8 0.1020 6.00 26.98 0.0123 0.00 0.00 0.0250 0.00 0.00 0.0250 0.87 3.96 -0.82 6.00 5.60 - 9 0.1140 6.85 31.81 0.0123 0.00 0.00 0.0250 0.00 0.00 0.0350 1.21 5.18 -0.82 6.85 12.46 - 10 0.1260 7.71 37.14 0.0223 0.00 0.00 0.0250 0.00 0.00 0.0450 1.56 6.74 -0.82 7.71 20.17 - 11 0.1380 8.57 42.99 0.0323 0.00 0.00 0.0250 0.00 0.00 0.0550 1.91 8.65 -0.82 8.57 28.75 - 12 0.1500 9.43 49.34 0.0359 0.00 0.00 0.0250 0.00 0.00 0.0650 2.26 10.91 -0.82 9.43 38.18 - 13 0.1500 9.78 55.70 0.0359 0.00 0.00 0.0250 0.00 0.00 0.0750 2.61 13.52 -0.82 9.78 47.96 - 14 0.1500 10.14 62.06 0.0359 0.00 0.00 0.0250 0.00 0.00 0.0850 2.96 16.47 -0.82 10.14 58.10 - 15 0.1500 10.49 68.43 0.0359 0.00 0.00 0.0250 0.00 0.00 0.0950 3.31 19.78 -0.82 10.49 68.59 - 16 0.1500 10.66 74.80 0.0359 0.00 0.00 0.0250 0.00 0.00 0.1000 3.48 23.26 -0.82 10.66 79.25 - 17 0.1500 10.67 81.17 0.0359 0.00 0.00 0.0250 0.00 0.00 0.1000 3.48 26.74 -0.82 10.67 89.92 - 18 0.1500 10.67 87.54 0.0359 0.00 0.00 0.0250 0.00 0.00 0.1000 3.48 30.23 -0.82 10.67 100.59 - 19 0.1500 10.67 93.91 0.0359 0.00 0.00 0.0250 0.00 0.00 0.1000 3.48 33.71 -0.82 10.67 111.26 - 20 0.1500 10.68 100.28 0.0359 0.00 0.00 0.0250 0.00 0.00 0.1000 3.48 37.19 -0.82 10.68 121.94 - 21 0.1500 10.68 106.66 0.0359 0.00 0.00 0.0250 0.00 0.00 0.1000 3.49 40.68 -0.82 10.68 132.62 - 22 0.1500 10.68 113.04 0.0359 0.00 0.00 0.0250 0.00 0.00 0.1000 3.49 44.17 -0.82 10.68 143.30 - 23 0.1500 10.68 119.42 0.0359 0.00 0.00 0.0250 0.00 0.00 0.1000 3.49 47.65 -0.82 10.68 153.98 - 24 0.1500 10.68 125.80 0.0359 0.00 0.00 0.0250 0.00 0.00 0.1000 3.49 51.14 -0.82 10.68 164.66 - 25 0.1500 10.69 132.18 0.0359 0.00 0.00 0.0250 0.00 0.00 0.1000 3.49 54.63 -0.82 10.69 175.35 - 26 0.1500 10.69 138.56 0.0359 0.00 0.00 0.0250 0.00 0.00 0.1000 3.49 58.12 -0.82 10.69 186.04 - 27 0.1500 10.69 144.94 0.0359 0.00 0.00 0.0250 0.00 0.00 0.1000 3.49 61.61 -0.82 10.69 196.73 - 28 0.1500 10.69 151.33 0.0359 0.00 0.00 0.0250 0.00 0.00 0.1000 3.49 65.10 -0.82 10.69 207.42 - 29 0.1500 10.69 157.71 0.0359 0.00 0.00 0.0250 0.00 0.00 0.1000 3.49 68.59 -0.82 10.69 218.11 - 30 0.1500 10.69 164.10 0.0359 0.00 0.00 0.0250 0.00 0.00 0.1000 3.49 72.08 -0.82 10.69 228.81 - 31 0.1500 9.05 169.42 0.0359 0.00 0.00 0.0250 0.00 0.00 0.1000 2.91 74.99 -0.82 9.05 237.86 + ************************************************************ + YEAR THERMAL GEOFLUID PUMP NET FIRST LAW + DRAWDOWN TEMPERATURE POWER POWER EFFICIENCY + (degC) (MW) (MW) (%) + 1 1.0000 165.24 0.2141 5.1987 10.0742 + 2 1.0058 166.19 0.2133 5.2932 10.1734 + 3 1.0074 166.47 0.2130 5.3205 10.2019 + 4 1.0083 166.61 0.2129 5.3347 10.2167 + 5 1.0088 166.70 0.2128 5.3441 10.2265 + 6 1.0093 166.77 0.2128 5.3511 10.2337 + 7 1.0096 166.83 0.2127 5.3566 10.2394 + 8 1.0099 166.87 0.2127 5.3611 10.2441 + 9 1.0101 166.91 0.2127 5.3649 10.2480 + 10 1.0103 166.94 0.2126 5.3682 10.2514 + 11 1.0105 166.97 0.2126 5.3710 10.2543 + 12 1.0106 167.00 0.2126 5.3736 10.2570 + 13 1.0108 167.02 0.2126 5.3759 10.2594 + 14 1.0109 167.04 0.2126 5.3779 10.2615 + 15 1.0110 167.06 0.2125 5.3798 10.2635 + 16 1.0111 167.08 0.2125 5.3816 10.2653 + 17 1.0112 167.09 0.2125 5.3832 10.2669 + 18 1.0113 167.11 0.2125 5.3847 10.2685 + 19 1.0114 167.12 0.2125 5.3861 10.2699 + 20 1.0115 167.14 0.2125 5.3874 10.2713 + 21 1.0115 167.15 0.2125 5.3886 10.2726 + 22 1.0116 167.16 0.2125 5.3898 10.2738 + 23 1.0117 167.17 0.2125 5.3909 10.2749 + 24 1.0117 167.18 0.2124 5.3920 10.2760 + 25 1.0118 167.19 0.2124 5.3929 10.2770 + 26 1.0118 167.20 0.2124 5.3939 10.2780 + 27 1.0119 167.21 0.2124 5.3948 10.2789 + 28 1.0119 167.22 0.2124 5.3956 10.2798 + 29 1.0120 167.23 0.2124 5.3965 10.2806 + 30 1.0120 167.23 0.2124 5.3972 10.2814 + + + ******************************************************************* + * ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * + ******************************************************************* + YEAR ELECTRICITY HEAT RESERVOIR PERCENTAGE OF + PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED + (GWh/year) (GWh/year) (10^15 J) (%) + 1 41.4 408.7 322.53 0.45 + 2 41.9 410.7 321.05 0.91 + 3 42.0 411.4 319.57 1.37 + 4 42.1 411.8 318.09 1.83 + 5 42.2 412.1 316.60 2.28 + 6 42.2 412.3 315.12 2.74 + 7 42.3 412.5 313.63 3.20 + 8 42.3 412.7 312.15 3.66 + 9 42.3 412.8 310.66 4.12 + 10 42.4 412.9 309.17 4.58 + 11 42.4 413.0 307.69 5.03 + 12 42.4 413.1 306.20 5.49 + 13 42.4 413.2 304.71 5.95 + 14 42.4 413.2 303.23 6.41 + 15 42.4 413.3 301.74 6.87 + 16 42.5 413.3 300.25 7.33 + 17 42.5 413.4 298.76 7.79 + 18 42.5 413.5 297.27 8.25 + 19 42.5 413.5 295.78 8.71 + 20 42.5 413.5 294.30 9.17 + 21 42.5 413.6 292.81 9.63 + 22 42.5 413.6 291.32 10.09 + 23 42.5 413.7 289.83 10.55 + 24 42.5 413.7 288.34 11.01 + 25 42.5 413.7 286.85 11.47 + 26 42.6 413.8 285.36 11.93 + 27 42.6 413.8 283.87 12.39 + 28 42.6 413.8 282.38 12.85 + 29 42.6 413.9 280.89 13.31 + 30 35.5 344.9 279.65 13.69 + + + ******************************** + * REVENUE & CASHFLOW PROFILE * + ******************************** +Year Electricity | Heat | Cooling | Carbon | Project +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/tonne) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD) +________________________________________________________________________________________________________________________________________________________________________________________ + 1 0.00 -31.06 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -31.06 -31.06 + 2 9.00 5.05 3.73 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.01 0.51 0.51 | -0.82 5.05 -26.01 + 3 9.00 5.10 7.50 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.01 0.52 1.02 | -0.82 5.10 -20.91 + 4 9.00 5.12 11.28 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.01 0.52 1.54 | -0.82 5.12 -15.79 + 5 9.00 5.13 15.07 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.01 0.52 2.06 | -0.82 5.13 -10.66 + 6 9.00 5.13 18.87 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.01 0.52 2.58 | -0.82 5.13 -5.53 + 7 9.00 5.14 22.67 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.01 0.52 3.10 | -0.82 5.14 -0.39 + 8 10.20 6.00 26.98 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.03 0.87 3.96 | -0.82 6.00 5.60 + 9 11.40 6.85 31.81 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.04 1.21 5.18 | -0.82 6.85 12.46 + 10 12.60 7.71 37.14 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.04 1.56 6.74 | -0.82 7.71 20.17 + 11 13.80 8.57 42.99 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.06 1.91 8.65 | -0.82 8.57 28.75 + 12 15.00 9.43 49.34 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.07 2.26 10.91 | -0.82 9.43 38.18 + 13 15.00 9.78 55.70 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.07 2.61 13.52 | -0.82 9.78 47.96 + 14 15.00 10.14 62.06 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.09 2.96 16.47 | -0.82 10.14 58.10 + 15 15.00 10.49 68.43 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.31 19.78 | -0.82 10.49 68.59 + 16 15.00 10.66 74.80 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.48 23.26 | -0.82 10.66 79.25 + 17 15.00 10.67 81.17 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.48 26.74 | -0.82 10.67 89.92 + 18 15.00 10.67 87.54 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.48 30.23 | -0.82 10.67 100.59 + 19 15.00 10.67 93.91 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.48 33.71 | -0.82 10.67 111.26 + 20 15.00 10.68 100.28 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.48 37.19 | -0.82 10.68 121.94 + 21 15.00 10.68 106.66 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.49 40.68 | -0.82 10.68 132.62 + 22 15.00 10.68 113.04 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.49 44.17 | -0.82 10.68 143.30 + 23 15.00 10.68 119.42 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.49 47.65 | -0.82 10.68 153.98 + 24 15.00 10.68 125.80 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.49 51.14 | -0.82 10.68 164.66 + 25 15.00 10.69 132.18 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.49 54.63 | -0.82 10.69 175.35 + 26 15.00 10.69 138.56 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.49 58.12 | -0.82 10.69 186.04 + 27 15.00 10.69 144.94 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.49 61.61 | -0.82 10.69 196.73 + 28 15.00 10.69 151.33 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.49 65.10 | -0.82 10.69 207.42 + 29 15.00 10.69 157.71 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.49 68.59 | -0.82 10.69 218.11 + 30 15.00 10.69 164.10 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.10 3.49 72.08 | -0.82 10.69 228.81 diff --git a/tests/examples/example2.out b/tests/examples/example2.out index 22ca2ebf..c87d6f3d 100644 --- a/tests/examples/example2.out +++ b/tests/examples/example2.out @@ -4,204 +4,219 @@ Simulation Metadata ---------------------- -GEOPHIRES Version: 3.4.22 -GEOPHIRES Build Date: 2024-03-05 -Simulation Date: 2024-03-20 -Simulation Time: 17:34 -Calculation Time: 0.489 sec + GEOPHIRES Version: 3.4.15 + GEOPHIRES Build Date: 2024-03-05 + Simulation Date: 2024-03-05 + Simulation Time: 09:58 + Calculation Time: 0.213 sec ***SUMMARY OF RESULTS*** - End-Use Option : Direct-Use Heat - Average Direct-Use Heat Production : 21.03 MW - Direct-Use heat breakeven price (LCOH) : 7.23 USD/MMBTU - Number of production wells : 2 - Number of injection wells : 2 - Flowrate per production well : 30.0 kg/sec - Well depth (or total length, if not vertical): 3.0 kilometer - Geothermal gradient : 0.0550 °C/m + End-Use Option: Direct-Use Heat + Average Direct-Use Heat Production: 21.03 MW + Direct-Use heat breakeven price (LCOH): 7.23 USD/MMBTU + Number of production wells: 2 + Number of injection wells: 2 + Flowrate per production well: 30.0 kg/sec + Well depth (or total length, if not vertical): 3.0 kilometer + Geothermal gradient: 0.0550 degC/m + ***ECONOMIC PARAMETERS*** - Economic Model : Standard Levelized Cost - Interest Rate : 5.00 - Accrued financing during construction : 0.00 - Project lifetime : 25 yr - Capacity factor : 90.0 % - Project NPV : -1.73 MUSD - Project IRR : 5.77 % - Project VIR=PI=PIR : 0.96 - Project MOIC : 0.51 - Project Payback Period : 13.48 yr - - ***ENGINEERING PARAMETERS*** - - Number of Production Wells : 2 - Number of Injection Wells : 2 - Well depth (or total length, if not vertical): 3.0 kilometer - Water loss rate : 0.0 - Pump efficiency : 80.0 - Injection temperature : 70.0 °C - Production Wellbore heat transmission calculated with Rameys model: - Average production well temperature drop : 6.7 °C - Flowrate per production well : 30.0 kg/sec - Injection well casing ID : 8.000 in - Production well casing ID : 8.000 in - Number of times redrilling : 0 - - ***RESOURCE CHARACTERISTICS*** - - Maximum reservoir temperature : 400.0 °C - Number of segments : 1 - Geothermal gradient : 0.0550 °C/m + Economic Model = Standard Levelized Cost + Interest Rate: 5.00 + Accrued financing during construction: 0.00 + Project lifetime: 25 yr + Capacity factor: 90.0 % + Project NPV: -1.73 MUSD + Project IRR: 5.77 % + Project VIR=PI=PIR: 0.96 + Project MOIC: 0.51 + Project Payback Period: 13.48 yr + + ***ENGINEERING PARAMETERS*** + + Number of Production Wells: 2 + Number of Injection Wells: 2 + Well depth (or total length, if not vertical): 3.0 kilometer + Water loss rate: 0.0 + Pump efficiency: 80.0 + Injection temperature: 70.0 degC + Production Wellbore heat transmission calculated with Ramey's model + Average production well temperature drop: 6.7 degC + Flowrate per production well: 30.0 kg/sec + Injection well casing ID: 8.000 in + Production well casing ID: 8.000 in + Number of times redrilling: 0 + + + ***RESOURCE CHARACTERISTICS*** + + Maximum reservoir temperature: 400.0 degC + Number of segments: 1 + Geothermal gradient: 0.0550 degC/m + ***RESERVOIR PARAMETERS*** - Reservoir Model : 1-D Linear Heat Sweep Model - Bottom-hole temperature : 180.00 °C - Fracture model : Circular fracture with known diameter - Well separation: fracture diameter : 300.00 meter - Fracture area : 70685.83 m² - Number of fractures calculated with reservoir volume and fracture separation as input: - Number of fractures : 30.47 - Fracture separation : 60.00 meter - Reservoir volume : 125000000 m³ - Reservoir impedance : 0.20 GPa.s/m³ - Reservoir density : 3000.00 kg/m³ - Reservoir thermal conductivity : 3.20 W/m/K - Reservoir heat capacity : 975.00 J/kg/K - Reservoir porosity : 10.00 - - ***RESERVOIR STIMULATION RESULTS*** - - Maximum Production Temperature : 172.6 °C - Average Production Temperature : 165.7 °C - Minimum Production Temperature : 154.8 °C - Initial Production Temperature : 169.6 °C - Average Reservoir Heat Extraction : 23.36 MW - Production Wellbore Heat Transmission Model : Ramey Model - Average Production Well Temperature Drop : 6.7 °C - Total Average Pressure Drop : 10383.3 kPa - Average Injection Well Pressure Drop : 110.6 kPa - Average Reservoir Pressure Drop : 12215.4 kPa - Average Production Well Pressure Drop : 114.7 kPa - Average Buoyancy Pressure Drop : -2057.4 kPa - - ***CAPITAL COSTS*** - - Drilling and completion costs : 21.95 MUSD - Drilling and completion costs per well : 5.49 MUSD - Stimulation costs : 3.02 MUSD - Surface power plant costs : 8.07 MUSD - Field gathering system costs : 2.55 MUSD - Total surface equipment costs : 10.62 MUSD - Exploration costs : 5.33 MUSD - Total capital costs : 40.91 MUSD - - ***OPERATING AND MAINTENANCE COSTS*** - - Wellfield maintenance costs : 0.42 MUSD/yr - Power plant maintenance costs : 0.65 MUSD/yr - Water costs : 0.00 MUSD/yr - Average Reservoir Pumping Cost : 0.30 MUSD/yr - Total operating and maintenance costs : 1.37 MUSD/yr + Reservoir Model = 1-D Linear Heat Sweep Model + Bottom-hole temperature: 180.00 degC + Fracture model = Circular fracture with known diameter + Well seperation: fracture diameter: 300.00 meter + Fracture area: 70685.83 m**2 + Number of fractures calculated with reservoir volume and fracture separation as input + Number of fractures: 30.47 + Fracture separation: 60.00 meter + Reservoir volume: 125000000 m**3 + Reservoir impedance: 0.20 GPa.s/m**3 + Reservoir density: 3000.00 kg/m**3 + Reservoir thermal conductivity: 3.20 W/m/K + Reservoir heat capacity: 975.00 J/kg/K + Reservoir porosity: 10.00 + + + ***RESERVOIR SIMULATION RESULTS*** + + Maximum Production Temperature: 172.6 degC + Average Production Temperature: 165.7 degC + Minimum Production Temperature: 154.8 degC + Initial Production Temperature: 169.6 degC + Average Reservoir Heat Extraction: 23.36 MW + Production Wellbore Heat Transmission Model = Ramey Model + Average Production Well Temperature Drop: 6.7 degC + Total Average Pressure Drop: 10383.3 kPa + Average Injection Well Pressure Drop: 110.6 kPa + Average Reservoir Pressure Drop: 12215.4 kPa + Average Production Well Pressure Drop: 114.7 kPa + Average Buoyancy Pressure Drop: -2057.4 kPa + + + ***CAPITAL COSTS (M$)*** + + Drilling and completion costs: 21.95 MUSD + Drilling and completion costs per well: 5.49 MUSD + Stimulation costs: 3.02 MUSD + Surface power plant costs: 8.07 MUSD + Field gathering system costs: 2.55 MUSD + Total surface equipment costs: 10.62 MUSD + Exploration costs: 5.33 MUSD + Total capital costs: 40.91 MUSD + + + ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** + + Wellfield maintenance costs: 0.42 MUSD/yr + Power plant maintenance costs: 0.65 MUSD/yr + Water costs: 0.00 MUSD/yr + Average Reservoir Pumping Cost: 0.30 MUSD/yr + Total operating and maintenance costs: 1.37 MUSD/yr + ***SURFACE EQUIPMENT SIMULATION RESULTS*** - Maximum Net Heat Production : 22.55 MW - Average Net Heat Production : 21.03 MW - Minimum Net Heat Production : 18.64 MW - Initial Net Heat Production : 21.89 MW - Average Annual Heat Production : 163.65 - Average Pumping Power : 0.77 MW + Maximum Net Heat Production: 22.55 MW + Average Net Heat Production: 21.03 MW + Minimum Net Heat Production: 18.64 MW + Initial Net Heat Production: 21.89 MW + Average Annual Heat Production: 163.65 GWh + Average Pumping Power: 0.77 MW - *************************************************************** + ************************************************************ * HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * - *************************************************************** - Year Thermal Drawdown (%) Geofluid Temperature (°C) Pump Power (MW) Net Heat (MW) - 1 1.0000 169.64 0.7567 21.8934 - 2 1.0075 170.91 0.7561 22.1720 - 3 1.0113 171.56 0.7558 22.3152 - 4 1.0133 171.90 0.7556 22.3898 - 5 1.0146 172.13 0.7555 22.4392 - 6 1.0156 172.29 0.7555 22.4757 - 7 1.0164 172.42 0.7554 22.5043 - 8 1.0170 172.53 0.7554 22.5278 - 9 1.0176 172.62 0.7553 22.5477 - 10 0.9956 168.90 0.7627 21.7304 - 11 0.9916 168.22 0.7642 21.5798 - 12 0.9873 167.49 0.7656 21.4207 - 13 0.9828 166.73 0.7672 21.2536 - 14 0.9782 165.94 0.7688 21.0793 - 15 0.9733 165.11 0.7704 20.8980 - 16 0.9683 164.26 0.7721 20.7103 - 17 0.9631 163.38 0.7739 20.5167 - 18 0.9577 162.47 0.7756 20.3174 - 19 0.9522 161.54 0.7774 20.1129 - 20 0.9466 160.59 0.7793 19.9035 - 21 0.9409 159.61 0.7812 19.6896 - 22 0.9350 158.62 0.7831 19.4715 - 23 0.9291 157.61 0.7850 19.2495 - 24 0.9230 156.58 0.7869 19.0239 - 25 0.9169 155.54 0.7889 18.7951 - - *************************************************************** - *ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE* - *************************************************************** - Year Heating Provided (kW) Heat Extracted(GW/yr) Reservoir Heat Content (MW) Percentage of Total Heat Mined (%) - 1 173.5 192.73 39.52 1.73 - 2 175.4 194.93 38.82 3.47 - 3 176.2 195.83 38.12 5.22 - 4 176.7 196.36 37.41 6.98 - 5 177.1 196.73 36.70 8.74 - 6 177.3 197.02 35.99 10.50 - 7 177.5 197.24 35.28 12.27 - 8 177.7 197.43 34.57 14.04 - 9 172.8 191.97 33.88 15.76 - 10 170.7 189.70 33.20 17.45 - 11 169.5 188.35 32.52 19.14 - 12 168.2 186.92 31.85 20.81 - 13 166.9 185.42 31.18 22.47 - 14 165.5 183.86 30.52 24.12 - 15 164.0 182.25 29.86 25.75 - 16 162.5 180.58 29.21 27.37 - 17 161.0 178.86 28.57 28.97 - 18 159.4 177.09 27.93 30.55 - 19 157.7 175.27 27.30 32.12 - 20 156.1 173.42 26.68 33.67 - 21 154.4 171.53 26.06 35.21 - 22 152.6 169.60 25.45 36.73 - 23 150.9 167.64 24.84 38.23 - 24 149.1 165.65 24.25 39.71 - 25 98.4 109.31 23.85 40.69 - - *************************************************************** - * REVENUE & CASHFLOW PROFILE * - *************************************************************** - Year Electricity:Price (USD/kWh) Electricity:Ann. Rev. (MUSD/yr) Electricity:Cumm. Rev. (MUSD) Heat:Price (USD/kWh) Heat:Ann. Rev. (MUSD/yr) Heat:Cumm. Rev. (MUSD) Cooling:Price (USD/kWh) Cooling:Ann. Rev. (MUSD/yr) Cooling:Cumm. Rev. (MUSD) Carbon:Price (USD/tonne) Carbon:Ann. Rev. (MUSD/yr) Carbon:Cumm. Rev. (MUSD) Project:OPEX (MUSD/yr) Project:Net Rev. (MUSD/yr) Project:Net Cashflow (MUSD) - 1 0.0000 0.00 0.00 0.0000 -40.91 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.00 -40.91 -40.91 - 2 0.0550 0.00 0.00 0.0250 3.26 4.34 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 3.26 -37.65 - 3 0.0550 0.00 0.00 0.0250 3.31 8.72 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 3.31 -34.34 - 4 0.0550 0.00 0.00 0.0250 3.33 13.13 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 3.33 -31.01 - 5 0.0550 0.00 0.00 0.0250 3.34 17.55 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 3.34 -27.66 - 6 0.0550 0.00 0.00 0.0250 3.35 21.97 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 3.35 -24.31 - 7 0.0550 0.00 0.00 0.0250 3.36 26.41 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 3.36 -20.95 - 8 0.0550 0.00 0.00 0.0250 3.36 30.84 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 3.36 -17.59 - 9 0.0550 0.00 0.00 0.0250 3.37 35.29 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 3.37 -14.23 - 10 0.0550 0.00 0.00 0.0250 3.24 39.61 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 3.24 -10.98 - 11 0.0550 0.00 0.00 0.0250 3.19 43.87 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 3.19 -7.79 - 12 0.0550 0.00 0.00 0.0250 3.16 48.11 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 3.16 -4.63 - 13 0.0550 0.00 0.00 0.0250 3.13 52.32 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 3.13 -1.50 - 14 0.0550 0.00 0.00 0.0250 3.10 56.49 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 3.10 1.60 - 15 0.0550 0.00 0.00 0.0250 3.06 60.63 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 3.06 4.66 - 16 0.0550 0.00 0.00 0.0250 3.02 64.73 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 3.02 7.69 - 17 0.0550 0.00 0.00 0.0250 2.99 68.79 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 2.99 10.67 - 18 0.0550 0.00 0.00 0.0250 2.95 72.81 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 2.95 13.62 - 19 0.0550 0.00 0.00 0.0250 2.91 76.80 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 2.91 16.53 - 20 0.0550 0.00 0.00 0.0250 2.87 80.74 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 2.87 19.40 - 21 0.0550 0.00 0.00 0.0250 2.83 84.64 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 2.83 22.22 - 22 0.0550 0.00 0.00 0.0250 2.78 88.50 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 2.78 25.01 - 23 0.0550 0.00 0.00 0.0250 2.74 92.32 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 2.74 27.75 - 24 0.0550 0.00 0.00 0.0250 2.70 96.09 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 2.70 30.44 - 25 0.0550 0.00 0.00 0.0250 2.65 99.82 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 2.65 33.10 - 26 0.0550 0.00 0.00 0.0250 1.38 102.28 0.0250 0.00 0.00 0.0000 0.00 0.00 1.08 1.38 34.48 + ************************************************************ + YEAR THERMAL GEOFLUID PUMP NET + DRAWDOWN TEMPERATURE POWER HEAT + (deg C) (MW) (MW) + 0 1.0000 169.64 0.7567 21.8934 + 1 1.0075 170.91 0.7561 22.1720 + 2 1.0113 171.56 0.7558 22.3152 + 3 1.0133 171.90 0.7556 22.3898 + 4 1.0146 172.13 0.7555 22.4392 + 5 1.0156 172.29 0.7555 22.4757 + 6 1.0164 172.42 0.7554 22.5043 + 7 1.0170 172.53 0.7554 22.5278 + 8 1.0176 172.62 0.7553 22.5477 + 9 0.9956 168.90 0.7627 21.7304 + 10 0.9916 168.22 0.7642 21.5798 + 11 0.9873 167.49 0.7656 21.4207 + 12 0.9828 166.73 0.7672 21.2536 + 13 0.9782 165.94 0.7688 21.0793 + 14 0.9733 165.11 0.7704 20.8980 + 15 0.9683 164.26 0.7721 20.7103 + 16 0.9631 163.38 0.7739 20.5167 + 17 0.9577 162.47 0.7756 20.3174 + 18 0.9522 161.54 0.7774 20.1129 + 19 0.9466 160.59 0.7793 19.9035 + 20 0.9409 159.61 0.7812 19.6896 + 21 0.9350 158.62 0.7831 19.4715 + 22 0.9291 157.61 0.7850 19.2495 + 23 0.9230 156.58 0.7869 19.0239 + 24 0.9169 155.54 0.7889 18.7951 + + + ******************************************************************* + * ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * + ******************************************************************* + YEAR HEAT HEAT RESERVOIR PERCENTAGE OF + PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED + (GWh/year) (GWh/year) (10^15 J) (%) + 1 173.5 192.7 39.52 1.73 + 2 175.4 194.9 38.82 3.47 + 3 176.2 195.8 38.12 5.22 + 4 176.7 196.4 37.41 6.98 + 5 177.1 196.7 36.70 8.74 + 6 177.3 197.0 35.99 10.50 + 7 177.5 197.2 35.28 12.27 + 8 177.7 197.4 34.57 14.04 + 9 172.8 192.0 33.88 15.76 + 10 170.7 189.7 33.20 17.45 + 11 169.5 188.3 32.52 19.14 + 12 168.2 186.9 31.85 20.81 + 13 166.9 185.4 31.18 22.47 + 14 165.5 183.9 30.52 24.12 + 15 164.0 182.2 29.86 25.75 + 16 162.5 180.6 29.21 27.37 + 17 161.0 178.9 28.57 28.97 + 18 159.4 177.1 27.93 30.55 + 19 157.7 175.3 27.30 32.12 + 20 156.1 173.4 26.68 33.67 + 21 154.4 171.5 26.06 35.21 + 22 152.6 169.6 25.45 36.73 + 23 150.9 167.6 24.84 38.23 + 24 149.1 165.6 24.25 39.71 + 25 98.4 109.3 23.85 40.69 + + + ******************************** + * REVENUE & CASHFLOW PROFILE * + ******************************** +Year Electricity | Heat | Cooling | Carbon | Project +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/tonne) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD) +________________________________________________________________________________________________________________________________________________________________________________________ + 1 0.00 0.00 0.00 | 0.00 -40.91 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -40.91 -40.91 + 2 5.50 0.00 0.00 | 2.50 3.26 4.34 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 3.26 -37.65 + 3 5.50 0.00 0.00 | 2.50 3.31 8.72 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 3.31 -34.34 + 4 5.50 0.00 0.00 | 2.50 3.33 13.13 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 3.33 -31.01 + 5 5.50 0.00 0.00 | 2.50 3.34 17.55 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 3.34 -27.66 + 6 5.50 0.00 0.00 | 2.50 3.35 21.97 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 3.35 -24.31 + 7 5.50 0.00 0.00 | 2.50 3.36 26.41 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 3.36 -20.95 + 8 5.50 0.00 0.00 | 2.50 3.36 30.84 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 3.36 -17.59 + 9 5.50 0.00 0.00 | 2.50 3.37 35.29 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 3.37 -14.23 + 10 5.50 0.00 0.00 | 2.50 3.24 39.61 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 3.24 -10.98 + 11 5.50 0.00 0.00 | 2.50 3.19 43.87 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 3.19 -7.79 + 12 5.50 0.00 0.00 | 2.50 3.16 48.11 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 3.16 -4.63 + 13 5.50 0.00 0.00 | 2.50 3.13 52.32 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 3.13 -1.50 + 14 5.50 0.00 0.00 | 2.50 3.10 56.49 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 3.10 1.60 + 15 5.50 0.00 0.00 | 2.50 3.06 60.63 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 3.06 4.66 + 16 5.50 0.00 0.00 | 2.50 3.02 64.73 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 3.02 7.69 + 17 5.50 0.00 0.00 | 2.50 2.99 68.79 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 2.99 10.67 + 18 5.50 0.00 0.00 | 2.50 2.95 72.81 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 2.95 13.62 + 19 5.50 0.00 0.00 | 2.50 2.91 76.80 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 2.91 16.53 + 20 5.50 0.00 0.00 | 2.50 2.87 80.74 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 2.87 19.40 + 21 5.50 0.00 0.00 | 2.50 2.83 84.64 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 2.83 22.22 + 22 5.50 0.00 0.00 | 2.50 2.78 88.50 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 2.78 25.01 + 23 5.50 0.00 0.00 | 2.50 2.74 92.32 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 2.74 27.75 + 24 5.50 0.00 0.00 | 2.50 2.70 96.09 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 2.70 30.44 + 25 5.50 0.00 0.00 | 2.50 2.65 99.82 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.08 2.65 33.10 diff --git a/tests/examples/example3.out b/tests/examples/example3.out index 46912b11..6b762615 100644 --- a/tests/examples/example3.out +++ b/tests/examples/example3.out @@ -4,242 +4,257 @@ Simulation Metadata ---------------------- -GEOPHIRES Version: 3.4.22 -GEOPHIRES Build Date: 2024-03-05 -Simulation Date: 2024-03-20 -Simulation Time: 17:35 -Calculation Time: 0.439 sec + GEOPHIRES Version: 3.4.15 + GEOPHIRES Build Date: 2024-03-05 + Simulation Date: 2024-03-05 + Simulation Time: 09:58 + Calculation Time: 0.167 sec ***SUMMARY OF RESULTS*** - End-Use Option : Cogeneration Topping Cycle, Heat sales considered as extra income - Average Net Electricity Production : 19.66 MW - Average Direct-Use Heat Production : 10.52 MW - Electricity breakeven price : 6.38 cents/kWh - Direct-Use heat breakeven price (LCOH) : 2.36 USD/MMBTU - Number of production wells : 3 - Number of injection wells : 3 - Flowrate per production well : 70.0 kg/sec - Well depth (or total length, if not vertical): 3.1 kilometer - Geothermal gradient : 0.0700 °C/m + End-Use Option: Cogeneration Topping Cycle, Heat sales considered as extra income + Average Net Electricity Production: 19.66 MW + Average Direct-Use Heat Production: 10.52 MW + Electricity breakeven price: 6.38 cents/kWh + Direct-Use heat breakeven price (LCOH): 2.36 USD/MMBTU + Number of production wells: 3 + Number of injection wells: 3 + Flowrate per production well: 70.0 kg/sec + Well depth (or total length, if not vertical): 3.1 kilometer + Geothermal gradient: 0.0700 degC/m + ***ECONOMIC PARAMETERS*** - Economic Model : BICYCLE - Accrued financing during construction : 5.00 - Project lifetime : 35 yr - Capacity factor : 90.0 % - Project NPV : -2.89 MUSD - Project IRR : 6.01 % - Project VIR=PI=PIR : 0.97 - Project MOIC : 0.65 - Project Payback Period : 14.87 yr - CHP: Percent cost allocation for electrical plant: 93.66 % - - ***ENGINEERING PARAMETERS*** - - Number of Production Wells : 3 - Number of Injection Wells : 3 - Well depth (or total length, if not vertical): 3.1 kilometer - Water loss rate : 2.0 - Pump efficiency : 80.0 - Injection temperature : 73.0 °C - User-provided production well temperature drop: - Constant production well temperature drop : 5.0 °C - Flowrate per production well : 70.0 kg/sec - Injection well casing ID : 8.500 in - Production well casing ID : 8.500 in - Number of times redrilling : 0 - Power plant type : Double-Flash - - ***RESOURCE CHARACTERISTICS*** - - Maximum reservoir temperature : 400.0 °C - Number of segments : 1 - Geothermal gradient : 0.0700 °C/m + Economic Model = BICYCLE + Accrued financing during construction: 5.00 + Project lifetime: 35 yr + Capacity factor: 90.0 % + Project NPV: -2.89 MUSD + Project IRR: 6.01 % + Project VIR=PI=PIR: 0.97 + Project MOIC: 0.65 + Project Payback Period: 14.87 yr + CHP: Percent cost allocation for electrical plant: 93.66% + + ***ENGINEERING PARAMETERS*** + + Number of Production Wells: 3 + Number of Injection Wells: 3 + Well depth (or total length, if not vertical): 3.1 kilometer + Water loss rate: 2.0 + Pump efficiency: 80.0 + Injection temperature: 73.0 degC + User-provided production well temperature drop + Constant production well temperature drop: 5.0 degC + Flowrate per production well: 70.0 kg/sec + Injection well casing ID: 8.500 in + Production well casing ID: 8.500 in + Number of times redrilling: 0 + Power plant type: Double-Flash + + + ***RESOURCE CHARACTERISTICS*** + + Maximum reservoir temperature: 400.0 degC + Number of segments: 1 + Geothermal gradient: 0.0700 degC/m + ***RESERVOIR PARAMETERS*** - Reservoir Model : Single Fracture m/A Thermal Drawdown Model - m/A Drawdown Parameter : 0.00002 1/year - Bottom-hole temperature : 232.00 °C - Reservoir volume calculated with fracture separation and number of fractures as input: - Number of fractures : 12.00 - Fracture separation : 80.00 meter - Reservoir volume : 176000000 m³ - Reservoir hydrostatic pressure : 29742.69 kPa - Plant outlet pressure : 100.00 kPa - Injectivity Index : 5.00 kg/sec/bar - Reservoir density : 3000.00 kg/m³ - Reservoir thermal conductivity : 3.00 W/m/K - Reservoir heat capacity : 1000.00 J/kg/K - - ***RESERVOIR STIMULATION RESULTS*** - - Maximum Production Temperature : 227.0 °C - Average Production Temperature : 220.8 °C - Minimum Production Temperature : 208.2 °C - Initial Production Temperature : 227.0 °C - Average Reservoir Heat Extraction : 126.82 MW - Wellbore Heat Transmission Model = Constant Temperature Drop: 5.0 °C - Average Injection Well Pump Pressure Drop : 735.4 kPa - - ***CAPITAL COSTS*** - - Drilling and completion costs : 34.45 MUSD - Drilling and completion costs per well : 5.74 MUSD - Stimulation costs : 4.53 MUSD - Surface power plant costs : 63.92 MUSD - Field gathering system costs : 3.17 MUSD - Total surface equipment costs : 67.09 MUSD - Exploration costs : 5.51 MUSD - Total capital costs : 111.58 MUSD - - ***OPERATING AND MAINTENANCE COSTS*** - - Wellfield maintenance costs : 0.82 MUSD/yr - Power plant maintenance costs : 2.30 MUSD/yr - Water costs : 0.11 MUSD/yr - Total operating and maintenance costs : 3.23 MUSD/yr + Reservoir Model = Single Fracture m/A Thermal Drawdown Model + m/A Drawdown Parameter: 0.00002 1/year + Bottom-hole temperature: 232.00 degC + Reservoir volume calculated with fracture separation and number of fractures as input + Number of fractures: 12.00 + Fracture separation: 80.00 meter + Reservoir volume: 176000000 m**3 + Reservoir hydrostatic pressure: 29742.69 kPa + Plant outlet pressure: 100.00 kPa + Injectivity Index: 5.00 kg/sec/bar + Reservoir density: 3000.00 kg/m**3 + Reservoir thermal conductivity: 3.00 W/m/K + Reservoir heat capacity: 1000.00 J/kg/K + + + ***RESERVOIR SIMULATION RESULTS*** + + Maximum Production Temperature: 227.0 degC + Average Production Temperature: 220.8 degC + Minimum Production Temperature: 208.2 degC + Initial Production Temperature: 227.0 degC + Average Reservoir Heat Extraction: 126.82 MW + Wellbore Heat Transmission Model = Constant Temperature Drop: 5.0 degC + Average Injection Well Pump Pressure Drop: 735.4 kPa + + + ***CAPITAL COSTS (M$)*** + + Drilling and completion costs: 34.45 MUSD + Drilling and completion costs per well: 5.74 MUSD + Stimulation costs: 4.53 MUSD + Surface power plant costs: 63.92 MUSD + Field gathering system costs: 3.17 MUSD + Total surface equipment costs: 67.09 MUSD + Exploration costs: 5.51 MUSD + Total capital costs: 111.58 MUSD + + + ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** + + Wellfield maintenance costs: 0.82 MUSD/yr + Power plant maintenance costs: 2.30 MUSD/yr + Water costs: 0.11 MUSD/yr + Total operating and maintenance costs: 3.23 MUSD/yr + ***SURFACE EQUIPMENT SIMULATION RESULTS*** - Initial geofluid availability : 0.23 MW/(kg/s) - Maximum Total Electricity Generation : 21.16 MW - Average Total Electricity Generation : 19.85 MW - Minimum Total Electricity Generation : 17.27 MW - Initial Total Electricity Generation : 21.16 MW - Maximum Net Electricity Generation : 20.97 MW - Average Net Electricity Generation : 19.66 MW - Minimum Net Electricity Generation : 17.08 MW - Initial Net Electricity Generation : 20.97 MW - Average Annual Total Electricity Generation : 0.00 GWh - Average Annual Net Electricity Generation : 0.00 GWh - Initial pumping power/net installed power : 0.93 % - Maximum Net Heat Production : 11.33 MW - Average Net Heat Production : 10.52 MW - Minimum Net Heat Production : 8.80 MW - Initial Net Heat Production : 11.33 MW - Average Annual Heat Production : 82.71 - Average Pumping Power : 0.19 MW - - *************************************************************** + Initial geofluid availability: 0.23 MW/(kg/s) + Maximum Total Electricity Generation: 21.16 MW + Average Total Electricity Generation: 19.85 MW + Minimum Total Electricity Generation: 17.27 MW + Initial Total Electricity Generation: 21.16 MW + Maximum Net Electricity Generation: 20.97 MW + Average Net Electricity Generation: 19.66 MW + Minimum Net Electricity Generation: 17.08 MW + Initial Net Electricity Generation: 20.97 MW + Average Annual Total Electricity Generation: 156.09 GWh + Average Annual Net Electricity Generation: 154.56 GWh + Initial pumping power/net installed power: 0.93 % + Maximum Net Heat Production: 11.33 MW + Average Net Heat Production: 10.52 MW + Minimum Net Heat Production: 8.80 MW + Initial Net Heat Production: 11.33 MW + Average Annual Heat Production: 82.71 GWh + Average Pumping Power: 0.19 MW + + ************************************************************ * HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * - *************************************************************** - Year Thermal Drawdown (%) Geofluid Temperature (°C) Pump Power (MW) Net Power (MW) Net Heat (MW) First Law Efficiency (%) - 1 1.0000 227.00 0.1945 20.9662 11.3288 17.5398 - 2 1.0000 227.00 0.1945 20.9662 11.3288 17.5398 - 3 1.0000 227.00 0.1945 20.9662 11.3288 17.5398 - 4 1.0000 227.00 0.1945 20.9662 11.3288 17.5398 - 5 1.0000 227.00 0.1945 20.9661 11.3287 17.5398 - 6 1.0000 226.99 0.1945 20.9650 11.3280 17.5394 - 7 0.9999 226.97 0.1945 20.9605 11.3255 17.5378 - 8 0.9997 226.92 0.1945 20.9494 11.3193 17.5339 - 9 0.9992 226.83 0.1945 20.9280 11.3072 17.5263 - 10 0.9985 226.67 0.1945 20.8935 11.2877 17.5140 - 11 0.9975 226.44 0.1945 20.8442 11.2597 17.4965 - 12 0.9962 226.15 0.1945 20.7793 11.2228 17.4734 - 13 0.9946 225.78 0.1945 20.6989 11.1767 17.4446 - 14 0.9927 225.34 0.1945 20.6037 11.1219 17.4106 - 15 0.9905 224.84 0.1945 20.4948 11.0587 17.3715 - 16 0.9880 224.28 0.1945 20.3736 10.9878 17.3278 - 17 0.9853 223.66 0.1945 20.2415 10.9097 17.2800 - 18 0.9824 223.00 0.1945 20.0999 10.8253 17.2287 - 19 0.9793 222.30 0.1945 19.9504 10.7352 17.1741 - 20 0.9761 221.57 0.1945 19.7941 10.6400 17.1169 - 21 0.9727 220.80 0.1945 19.6323 10.5402 17.0573 - 22 0.9692 220.02 0.1945 19.4661 10.4366 16.9958 - 23 0.9657 219.21 0.1945 19.2965 10.3295 16.9328 - 24 0.9620 218.38 0.1945 19.1244 10.2194 16.8684 - 25 0.9583 217.54 0.1945 18.9505 10.1069 16.8031 - 26 0.9546 216.70 0.1945 18.7755 9.9921 16.7370 - 27 0.9508 215.84 0.1945 18.6001 9.8756 16.6703 - 28 0.9471 214.98 0.1945 18.4246 9.7575 16.6032 - 29 0.9433 214.12 0.1945 18.2496 9.6382 16.5359 - 30 0.9395 213.26 0.1945 18.0754 9.5180 16.4686 - 31 0.9357 212.40 0.1945 17.9023 9.3970 16.4013 - 32 0.9319 211.54 0.1945 17.7307 9.2754 16.3342 - 33 0.9281 210.68 0.1945 17.5606 9.1534 16.2673 - 34 0.9244 209.83 0.1945 17.3924 9.0312 16.2007 - 35 0.9206 208.98 0.1945 17.2262 8.9089 16.1346 - - *************************************************************** - *ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE* - *************************************************************** - Year Heating Provided (kW) Electricity Provided (kWh) Heat Extracted(GW/yr) Reservoir Heat Content (MW) Percentage of Total Heat Mined (%) - 1 89.3 165.3 1041.65 80.20 4.47 - 2 89.3 165.3 1041.65 76.45 8.93 - 3 89.3 165.3 1041.65 72.70 13.40 - 4 89.3 165.3 1041.65 68.95 17.87 - 5 89.3 165.3 1041.64 65.20 22.33 - 6 89.3 165.3 1041.56 61.45 26.80 - 7 89.3 165.2 1041.33 57.70 31.27 - 8 89.2 165.1 1040.83 53.96 35.73 - 9 89.1 164.9 1039.98 50.21 40.19 - 10 88.9 164.5 1038.69 46.47 44.64 - 11 88.6 164.1 1036.92 42.74 49.09 - 12 88.3 163.5 1034.67 39.02 53.53 - 13 87.9 162.8 1031.94 35.30 57.95 - 14 87.4 162.0 1028.76 31.60 62.36 - 15 86.9 161.1 1025.16 27.91 66.76 - 16 86.3 160.1 1021.19 24.23 71.14 - 17 85.7 159.0 1016.88 20.57 75.50 - 18 85.0 157.9 1012.28 16.93 79.84 - 19 84.3 156.7 1007.42 13.30 84.16 - 20 83.5 155.4 1002.35 9.69 88.46 - 21 82.7 154.1 997.09 6.10 92.73 - 22 81.9 152.8 991.69 2.53 96.99 - 23 81.0 151.5 986.16 -1.02 101.21 - 24 80.1 150.1 980.53 -4.55 105.42 - 25 79.2 148.7 974.83 -8.06 109.60 - 26 78.3 147.3 969.07 -11.55 113.75 - 27 77.4 146.0 963.27 -15.02 117.89 - 28 76.5 144.6 957.45 -18.46 121.99 - 29 75.5 143.2 951.62 -21.89 126.07 - 30 74.6 141.8 945.78 -25.29 130.13 - 31 73.6 140.5 939.96 -28.68 134.16 - 32 72.6 139.1 934.16 -32.04 138.16 - 33 71.7 137.8 928.38 -35.38 142.14 - 34 70.7 136.5 922.64 -38.70 146.10 - 35 62.8 121.7 825.50 -41.67 149.64 - - *************************************************************** - * REVENUE & CASHFLOW PROFILE * - *************************************************************** - Year Electricity:Price (USD/kWh) Electricity:Ann. Rev. (MUSD/yr) Electricity:Cumm. Rev. (MUSD) Heat:Price (USD/kWh) Heat:Ann. Rev. (MUSD/yr) Heat:Cumm. Rev. (MUSD) Cooling:Price (USD/kWh) Cooling:Ann. Rev. (MUSD/yr) Cooling:Cumm. Rev. (MUSD) Carbon:Price (USD/tonne) Carbon:Ann. Rev. (MUSD/yr) Carbon:Cumm. Rev. (MUSD) Project:OPEX (MUSD/yr) Project:Net Rev. (MUSD/yr) Project:Net Cashflow (MUSD) - 1 0.0000 0.00 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.00 -111.58 -111.58 - 2 0.0550 9.09 9.09 0.0250 2.23 2.23 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 8.09 -103.49 - 3 0.0550 9.09 18.18 0.0250 2.23 4.47 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 8.09 -95.40 - 4 0.0550 9.09 27.27 0.0250 2.23 6.70 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 8.09 -87.31 - 5 0.0550 9.09 36.37 0.0250 2.23 8.93 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 8.09 -79.21 - 6 0.0550 9.09 45.46 0.0250 2.23 11.16 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 8.09 -71.12 - 7 0.0550 9.09 54.55 0.0250 2.23 13.40 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 8.09 -63.03 - 8 0.0550 9.09 63.63 0.0250 2.23 15.63 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 8.09 -54.95 - 9 0.0550 9.08 72.71 0.0250 2.23 17.86 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 8.08 -46.87 - 10 0.0550 9.07 81.78 0.0250 2.23 20.09 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 8.06 -38.81 - 11 0.0550 9.05 90.83 0.0250 2.22 22.31 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 8.04 -30.77 - 12 0.0550 9.02 99.86 0.0250 2.22 24.52 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 8.01 -22.76 - 13 0.0550 8.99 108.85 0.0250 2.21 26.73 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 7.97 -14.79 - 14 0.0550 8.96 117.80 0.0250 2.20 28.93 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 7.92 -6.87 - 15 0.0550 8.91 126.72 0.0250 2.19 31.11 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 7.86 1.00 - 16 0.0550 8.86 135.58 0.0250 2.17 33.29 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 7.80 8.80 - 17 0.0550 8.81 144.38 0.0250 2.16 35.45 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 7.73 16.53 - 18 0.0550 8.75 153.13 0.0250 2.14 37.59 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 7.66 24.19 - 19 0.0550 8.68 161.81 0.0250 2.12 39.71 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 7.58 31.76 - 20 0.0550 8.62 170.43 0.0250 2.11 41.82 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 7.49 39.25 - 21 0.0550 8.55 178.98 0.0250 2.09 43.91 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 7.40 46.66 - 22 0.0550 8.48 187.46 0.0250 2.07 45.97 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 7.31 53.97 - 23 0.0550 8.40 195.86 0.0250 2.05 48.02 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 7.22 61.19 - 24 0.0550 8.33 204.19 0.0250 2.03 50.05 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 7.12 68.31 - 25 0.0550 8.26 212.45 0.0250 2.00 52.05 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 7.03 75.34 - 26 0.0550 8.18 220.62 0.0250 1.98 54.03 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 6.93 82.27 - 27 0.0550 8.10 228.73 0.0250 1.96 55.99 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 6.83 89.09 - 28 0.0550 8.03 236.76 0.0250 1.93 57.92 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 6.73 95.82 - 29 0.0550 7.95 244.71 0.0250 1.91 59.83 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 6.63 102.45 - 30 0.0550 7.88 252.58 0.0250 1.89 61.72 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 6.53 108.99 - 31 0.0550 7.80 260.38 0.0250 1.86 63.59 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 6.43 115.42 - 32 0.0550 7.73 268.11 0.0250 1.84 65.43 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 6.33 121.75 - 33 0.0550 7.65 275.76 0.0250 1.82 67.24 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 6.24 127.99 - 34 0.0550 7.58 283.34 0.0250 1.79 69.03 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 6.14 134.12 - 35 0.0550 7.51 290.84 0.0250 1.77 70.80 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 6.04 140.17 - 36 0.0550 6.69 297.54 0.0250 1.57 72.37 0.0250 0.00 0.00 0.0000 0.00 0.00 3.23 5.03 145.20 + ************************************************************ + YEAR THERMAL GEOFLUID PUMP NET NET FIRST LAW + DRAWDOWN TEMPERATURE POWER POWER HEAT EFFICIENCY + (deg C) (MW) (MW) (MW) (%) + 0 1.0000 227.00 0.1945 20.9662 11.3288 17.5398 + 1 1.0000 227.00 0.1945 20.9662 11.3288 17.5398 + 2 1.0000 227.00 0.1945 20.9662 11.3288 17.5398 + 3 1.0000 227.00 0.1945 20.9662 11.3288 17.5398 + 4 1.0000 227.00 0.1945 20.9661 11.3287 17.5398 + 5 1.0000 226.99 0.1945 20.9650 11.3280 17.5394 + 6 0.9999 226.97 0.1945 20.9605 11.3255 17.5378 + 7 0.9997 226.92 0.1945 20.9494 11.3193 17.5339 + 8 0.9992 226.83 0.1945 20.9280 11.3072 17.5263 + 9 0.9985 226.67 0.1945 20.8935 11.2877 17.5140 + 10 0.9975 226.44 0.1945 20.8442 11.2597 17.4965 + 11 0.9962 226.15 0.1945 20.7793 11.2228 17.4734 + 12 0.9946 225.78 0.1945 20.6989 11.1767 17.4446 + 13 0.9927 225.34 0.1945 20.6037 11.1219 17.4106 + 14 0.9905 224.84 0.1945 20.4948 11.0587 17.3715 + 15 0.9880 224.28 0.1945 20.3736 10.9878 17.3278 + 16 0.9853 223.66 0.1945 20.2415 10.9097 17.2800 + 17 0.9824 223.00 0.1945 20.0999 10.8253 17.2287 + 18 0.9793 222.30 0.1945 19.9504 10.7352 17.1741 + 19 0.9761 221.57 0.1945 19.7941 10.6400 17.1169 + 20 0.9727 220.80 0.1945 19.6323 10.5402 17.0573 + 21 0.9692 220.02 0.1945 19.4661 10.4366 16.9958 + 22 0.9657 219.21 0.1945 19.2965 10.3295 16.9328 + 23 0.9620 218.38 0.1945 19.1244 10.2194 16.8684 + 24 0.9583 217.54 0.1945 18.9505 10.1069 16.8031 + 25 0.9546 216.70 0.1945 18.7755 9.9921 16.7370 + 26 0.9508 215.84 0.1945 18.6001 9.8756 16.6703 + 27 0.9471 214.98 0.1945 18.4246 9.7575 16.6032 + 28 0.9433 214.12 0.1945 18.2496 9.6382 16.5359 + 29 0.9395 213.26 0.1945 18.0754 9.5180 16.4686 + 30 0.9357 212.40 0.1945 17.9023 9.3970 16.4013 + 31 0.9319 211.54 0.1945 17.7307 9.2754 16.3342 + 32 0.9281 210.68 0.1945 17.5606 9.1534 16.2673 + 33 0.9244 209.83 0.1945 17.3924 9.0312 16.2007 + 34 0.9206 208.98 0.1945 17.2262 8.9089 16.1346 + + + ******************************************************************* + * ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * + ******************************************************************* + YEAR HEAT ELECTRICITY HEAT RESERVOIR PERCENTAGE OF + PROVIDED PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED + (GWh/year) (GWh/year) (GWh/year) (10^15 J) (%) + 1 89.3 165.3 1041.65 80.20 4.47 + 2 89.3 165.3 1041.65 76.45 8.93 + 3 89.3 165.3 1041.65 72.70 13.40 + 4 89.3 165.3 1041.65 68.95 17.87 + 5 89.3 165.3 1041.64 65.20 22.33 + 6 89.3 165.3 1041.56 61.45 26.80 + 7 89.3 165.2 1041.33 57.70 31.27 + 8 89.2 165.1 1040.83 53.96 35.73 + 9 89.1 164.9 1039.98 50.21 40.19 + 10 88.9 164.5 1038.69 46.47 44.64 + 11 88.6 164.1 1036.92 42.74 49.09 + 12 88.3 163.5 1034.67 39.02 53.53 + 13 87.9 162.8 1031.94 35.30 57.95 + 14 87.4 162.0 1028.76 31.60 62.36 + 15 86.9 161.1 1025.16 27.91 66.76 + 16 86.3 160.1 1021.19 24.23 71.14 + 17 85.7 159.0 1016.88 20.57 75.50 + 18 85.0 157.9 1012.28 16.93 79.84 + 19 84.3 156.7 1007.42 13.30 84.16 + 20 83.5 155.4 1002.35 9.69 88.46 + 21 82.7 154.1 997.09 6.10 92.73 + 22 81.9 152.8 991.69 2.53 96.99 + 23 81.0 151.5 986.16 -1.02 101.21 + 24 80.1 150.1 980.53 -4.55 105.42 + 25 79.2 148.7 974.83 -8.06 109.60 + 26 78.3 147.3 969.07 -11.55 113.75 + 27 77.4 146.0 963.27 -15.02 117.89 + 28 76.5 144.6 957.45 -18.46 121.99 + 29 75.5 143.2 951.62 -21.89 126.07 + 30 74.6 141.8 945.78 -25.29 130.13 + 31 73.6 140.5 939.96 -28.68 134.16 + 32 72.6 139.1 934.16 -32.04 138.16 + 33 71.7 137.8 928.38 -35.38 142.14 + 34 70.7 136.5 922.64 -38.70 146.10 + 35 62.8 121.7 825.50 -41.67 149.64 + + + ******************************** + * REVENUE & CASHFLOW PROFILE * + ******************************** +Year Electricity | Heat | Cooling | Carbon | Project +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/tonne) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD) +________________________________________________________________________________________________________________________________________________________________________________________ + 1 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 -111.58 -111.58 + 2 5.50 9.09 9.09 | 2.50 2.23 2.23 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 8.09 -103.49 + 3 5.50 9.09 18.18 | 2.50 2.23 4.47 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 8.09 -95.40 + 4 5.50 9.09 27.27 | 2.50 2.23 6.70 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 8.09 -87.31 + 5 5.50 9.09 36.37 | 2.50 2.23 8.93 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 8.09 -79.21 + 6 5.50 9.09 45.46 | 2.50 2.23 11.16 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 8.09 -71.12 + 7 5.50 9.09 54.55 | 2.50 2.23 13.40 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 8.09 -63.03 + 8 5.50 9.09 63.63 | 2.50 2.23 15.63 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 8.09 -54.95 + 9 5.50 9.08 72.71 | 2.50 2.23 17.86 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 8.08 -46.87 + 10 5.50 9.07 81.78 | 2.50 2.23 20.09 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 8.06 -38.81 + 11 5.50 9.05 90.83 | 2.50 2.22 22.31 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 8.04 -30.77 + 12 5.50 9.02 99.86 | 2.50 2.22 24.52 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 8.01 -22.76 + 13 5.50 8.99 108.85 | 2.50 2.21 26.73 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 7.97 -14.79 + 14 5.50 8.96 117.80 | 2.50 2.20 28.93 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 7.92 -6.87 + 15 5.50 8.91 126.72 | 2.50 2.19 31.11 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 7.86 1.00 + 16 5.50 8.86 135.58 | 2.50 2.17 33.29 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 7.80 8.80 + 17 5.50 8.81 144.38 | 2.50 2.16 35.45 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 7.73 16.53 + 18 5.50 8.75 153.13 | 2.50 2.14 37.59 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 7.66 24.19 + 19 5.50 8.68 161.81 | 2.50 2.12 39.71 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 7.58 31.76 + 20 5.50 8.62 170.43 | 2.50 2.11 41.82 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 7.49 39.25 + 21 5.50 8.55 178.98 | 2.50 2.09 43.91 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 7.40 46.66 + 22 5.50 8.48 187.46 | 2.50 2.07 45.97 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 7.31 53.97 + 23 5.50 8.40 195.86 | 2.50 2.05 48.02 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 7.22 61.19 + 24 5.50 8.33 204.19 | 2.50 2.03 50.05 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 7.12 68.31 + 25 5.50 8.26 212.45 | 2.50 2.00 52.05 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 7.03 75.34 + 26 5.50 8.18 220.62 | 2.50 1.98 54.03 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 6.93 82.27 + 27 5.50 8.10 228.73 | 2.50 1.96 55.99 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 6.83 89.09 + 28 5.50 8.03 236.76 | 2.50 1.93 57.92 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 6.73 95.82 + 29 5.50 7.95 244.71 | 2.50 1.91 59.83 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 6.63 102.45 + 30 5.50 7.88 252.58 | 2.50 1.89 61.72 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 6.53 108.99 + 31 5.50 7.80 260.38 | 2.50 1.86 63.59 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 6.43 115.42 + 32 5.50 7.73 268.11 | 2.50 1.84 65.43 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 6.33 121.75 + 33 5.50 7.65 275.76 | 2.50 1.82 67.24 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 6.24 127.99 + 34 5.50 7.58 283.34 | 2.50 1.79 69.03 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 6.14 134.12 + 35 5.50 7.51 290.84 | 2.50 1.77 70.80 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 3.23 6.04 140.17 diff --git a/tests/examples/example4.out b/tests/examples/example4.out index 14a8b42d..5a851487 100644 --- a/tests/examples/example4.out +++ b/tests/examples/example4.out @@ -4,222 +4,237 @@ Simulation Metadata ---------------------- -GEOPHIRES Version: 3.4.22 -GEOPHIRES Build Date: 2024-03-05 -Simulation Date: 2024-03-20 -Simulation Time: 17:36 -Calculation Time: 0.156 sec + GEOPHIRES Version: 3.4.21 + GEOPHIRES Build Date: 2024-03-05 + Simulation Date: 2024-03-12 + Simulation Time: 07:19 + Calculation Time: 0.061 sec ***SUMMARY OF RESULTS*** - End-Use Option : Electricity - Average Net Electricity Production : 7.00 MW - Electricity breakeven price : 11.26 cents/kWh - Number of production wells : 3 - Number of injection wells : 2 - Flowrate per production well : 110.0 kg/sec - Well depth (or total length, if not vertical): 2.0 kilometer - Geothermal gradient : 0.0650 °C/m + End-Use Option: Electricity + Average Net Electricity Production: 7.00 MW + Electricity breakeven price: 11.26 cents/kWh + Number of production wells: 3 + Number of injection wells: 2 + Flowrate per production well: 110.0 kg/sec + Well depth (or total length, if not vertical): 2.0 kilometer + Geothermal gradient: 0.0650 degC/m + ***ECONOMIC PARAMETERS*** - Economic Model : BICYCLE - Accrued financing during construction : 0.00 - Project lifetime : 30 yr - Capacity factor : 90.0 % - Project NPV : -36.98 MUSD - Project IRR : -2.91 % - Project VIR=PI=PIR : 0.33 - Project MOIC : -0.17 - Project Payback Period : N/A - - ***ENGINEERING PARAMETERS*** - - Number of Production Wells : 3 - Number of Injection Wells : 2 - Well depth (or total length, if not vertical): 2.0 kilometer - Water loss rate : 0.0 - Pump efficiency : 80.0 - Injection temperature : 70.0 °C - User-provided production well temperature drop: - Constant production well temperature drop : 0.0 °C - Flowrate per production well : 110.0 kg/sec - Injection well casing ID : 9.625 in - Production well casing ID : 9.625 in - Number of times redrilling : 0 - Power plant type : Subcritical ORC - - ***RESOURCE CHARACTERISTICS*** - - Maximum reservoir temperature : 375.0 °C - Number of segments : 1 - Geothermal gradient : 0.0650 °C/m + Economic Model = BICYCLE + Accrued financing during construction: 0.00 + Project lifetime: 30 yr + Capacity factor: 90.0 % + Project NPV: -36.98 MUSD + Project IRR: -2.91 % + Project VIR=PI=PIR: 0.33 + Project MOIC: -0.17 + Project Payback Period: N/A + + ***ENGINEERING PARAMETERS*** + + Number of Production Wells: 3 + Number of Injection Wells: 2 + Well depth (or total length, if not vertical): 2.0 kilometer + Water loss rate: 0.0 + Pump efficiency: 80.0 + Injection temperature: 70.0 degC + User-provided production well temperature drop + Constant production well temperature drop: 0.0 degC + Flowrate per production well: 110.0 kg/sec + Injection well casing ID: 9.625 in + Production well casing ID: 9.625 in + Number of times redrilling: 0 + Power plant type: Subcritical ORC + + + ***RESOURCE CHARACTERISTICS*** + + Maximum reservoir temperature: 375.0 degC + Number of segments: 1 + Geothermal gradient: 0.0650 degC/m + ***RESERVOIR PARAMETERS*** - Reservoir Model : Annual Percentage Thermal Drawdown Model - Annual Thermal Drawdown : 0.500 1/year - Bottom-hole temperature : 145.00 °C - Warning: the reservoir dimensions and thermo-physical properties: - listed below are default values if not provided by the user.: - They are only used for calculating remaining heat content.: - Reservoir volume provided as input : - Reservoir volume : 1000000000 m³ - Reservoir hydrostatic pressure : 19554.53 kPa - Plant outlet pressure : 691.43 kPa - Production wellhead pressure : 760.38 kPa - Productivity Index : 10.00 kg/sec/bar - Injectivity Index : 10.00 kg/sec/bar - Reservoir density : 2700.00 kg/m³ - Reservoir heat capacity : 1050.00 J/kg/K - - ***RESERVOIR STIMULATION RESULTS*** - - Maximum Production Temperature : 145.0 °C - Average Production Temperature : 139.4 °C - Minimum Production Temperature : 133.8 °C - Initial Production Temperature : 145.0 °C - Average Reservoir Heat Extraction : 94.18 MW - Wellbore Heat Transmission Model = Constant Temperature Drop: 0.0 °C - Average Injection Well Pump Pressure Drop : 1720.6 kPa - Average Production Well Pump Pressure Drop : 1379.7 kPa - - ***CAPITAL COSTS*** - - Drilling and completion costs : 16.43 MUSD - Drilling and completion costs per well : 3.29 MUSD - Stimulation costs : 0.00 MUSD - Surface power plant costs : 31.58 MUSD - Field gathering system costs : 3.68 MUSD - Total surface equipment costs : 35.26 MUSD - Exploration costs : 3.71 MUSD - Total capital costs : 55.40 MUSD - - ***OPERATING AND MAINTENANCE COSTS*** - - Wellfield maintenance costs : 0.48 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 + Reservoir Model = Annual Percentage Thermal Drawdown Model + Annual Thermal Drawdown: 0.500 1/year + Bottom-hole temperature: 145.00 degC + Warning: the reservoir dimensions and thermo-physical properties + listed below are default values if not provided by the user. + They are only used for calculating remaining heat content. + Reservoir volume provided as input + Reservoir volume: 1000000000 m**3 + Reservoir hydrostatic pressure: 19554.53 kPa + Plant outlet pressure: 691.43 kPa + Production wellhead pressure: 760.38 kPa + Productivity Index: 10.00 kg/sec/bar + Injectivity Index: 10.00 kg/sec/bar + Reservoir density: 2700.00 kg/m**3 + Reservoir heat capacity: 1050.00 J/kg/K + + + ***RESERVOIR SIMULATION RESULTS*** + + Maximum Production Temperature: 145.0 degC + Average Production Temperature: 139.4 degC + Minimum Production Temperature: 133.8 degC + Initial Production Temperature: 145.0 degC + Average Reservoir Heat Extraction: 94.18 MW + Wellbore Heat Transmission Model = Constant Temperature Drop: 0.0 degC + Average Injection Well Pump Pressure Drop: 1720.6 kPa + Average Production Well Pump Pressure Drop: 1379.7 kPa + + + ***CAPITAL COSTS (M$)*** + + Drilling and completion costs: 16.43 MUSD + Drilling and completion costs per well: 3.29 MUSD + Stimulation costs: 0.00 MUSD + Surface power plant costs: 31.58 MUSD + Field gathering system costs: 3.68 MUSD + Total surface equipment costs: 35.26 MUSD + Exploration costs: 3.71 MUSD + Total capital costs: 55.40 MUSD + + + ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** + + Wellfield maintenance costs: 0.48 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 + ***SURFACE EQUIPMENT SIMULATION RESULTS*** - Initial geofluid availability : 0.10 MW/(kg/s) - Maximum Total Electricity Generation : 9.46 MW - Average Total Electricity Generation : 8.31 MW - Minimum Total Electricity Generation : 7.23 MW - Initial Total Electricity Generation : 9.46 MW - Maximum Net Electricity Generation : 8.18 MW - Average Net Electricity Generation : 7.00 MW - Minimum Net Electricity Generation : 5.88 MW - Initial Net Electricity Generation : 8.18 MW - Average Annual Total Electricity Generation : 0.00 GWh - Average Annual Net Electricity Generation : 0.00 GWh - Initial pumping power/net installed power : 15.55 % - Average Pumping Power : 1.31 MW - - *************************************************************** + Initial geofluid availability: 0.10 MW/(kg/s) + Maximum Total Electricity Generation: 9.46 MW + Average Total Electricity Generation: 8.31 MW + Minimum Total Electricity Generation: 7.23 MW + Initial Total Electricity Generation: 9.46 MW + Maximum Net Electricity Generation: 8.18 MW + Average Net Electricity Generation: 7.00 MW + Minimum Net Electricity Generation: 5.88 MW + Initial Net Electricity Generation: 8.18 MW + Average Annual Total Electricity Generation: 64.97 GWh + Average Annual Net Electricity Generation: 54.75 GWh + Initial pumping power/net installed power: 15.55 % + Average Pumping Power: 1.31 MW + + ************************************************************ * HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * - *************************************************************** - Year Thermal Drawdown (%) Geofluid Temperature (°C) Pump Power (MW) Net Power (MW) First Law Efficiency (%) - 1 1.0000 145.00 1.2724 8.1848 8.0392 - 2 0.9974 144.62 1.2748 8.1011 7.9973 - 3 0.9948 144.24 1.2772 8.0179 7.9555 - 4 0.9922 143.87 1.2796 7.9351 7.9136 - 5 0.9896 143.49 1.2819 7.8528 7.8718 - 6 0.9870 143.11 1.2843 7.7709 7.8300 - 7 0.9844 142.73 1.2867 7.6895 7.7883 - 8 0.9817 142.35 1.2890 7.6085 7.7465 - 9 0.9791 141.97 1.2914 7.5279 7.7048 - 10 0.9765 141.60 1.2937 7.4478 7.6631 - 11 0.9739 141.22 1.2961 7.3682 7.6214 - 12 0.9713 140.84 1.2984 7.2890 7.5797 - 13 0.9687 140.46 1.3008 7.2102 7.5380 - 14 0.9661 140.08 1.3031 7.1319 7.4964 - 15 0.9635 139.71 1.3054 7.0540 7.4547 - 16 0.9609 139.33 1.3077 6.9765 7.4131 - 17 0.9583 138.95 1.3100 6.8995 7.3714 - 18 0.9557 138.57 1.3124 6.8229 7.3298 - 19 0.9531 138.19 1.3147 6.7468 7.2882 - 20 0.9504 137.82 1.3170 6.6711 7.2466 - 21 0.9478 137.44 1.3193 6.5958 7.2050 - 22 0.9452 137.06 1.3216 6.5209 7.1634 - 23 0.9426 136.68 1.3238 6.4465 7.1218 - 24 0.9400 136.30 1.3261 6.3725 7.0802 - 25 0.9374 135.92 1.3284 6.2990 7.0386 - 26 0.9348 135.55 1.3307 6.2258 6.9970 - 27 0.9322 135.17 1.3329 6.1531 6.9554 - 28 0.9296 134.79 1.3352 6.0808 6.9138 - 29 0.9270 134.41 1.3375 6.0090 6.8722 - 30 0.9244 134.03 1.3397 5.9375 6.8306 - - *************************************************************** - *ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE* - *************************************************************** - Year Electricity Provided (kWh) Heat Extracted(GW/yr) Reservoir Heat Content (MW) Percentage of Total Heat Mined (%) - 1 64.2 800.66 209.74 1.36 - 2 63.5 796.61 206.87 2.70 - 3 62.9 792.56 204.02 4.05 - 4 62.2 788.52 201.18 5.38 - 5 61.6 784.47 198.36 6.71 - 6 60.9 780.42 195.55 8.03 - 7 60.3 776.37 192.75 9.35 - 8 59.7 772.33 189.97 10.65 - 9 59.0 768.28 187.21 11.95 - 10 58.4 764.23 184.46 13.25 - 11 57.8 760.19 181.72 14.53 - 12 57.2 756.14 179.00 15.82 - 13 56.5 752.09 176.29 17.09 - 14 55.9 748.04 173.60 18.35 - 15 55.3 744.00 170.92 19.61 - 16 54.7 739.95 168.26 20.87 - 17 54.1 735.90 165.61 22.11 - 18 53.5 731.86 162.97 23.35 - 19 52.9 727.81 160.35 24.58 - 20 52.3 723.76 157.75 25.81 - 21 51.7 719.71 155.15 27.03 - 22 51.1 715.67 152.58 28.24 - 23 50.5 711.62 150.02 29.45 - 24 50.0 707.57 147.47 30.64 - 25 49.4 703.53 144.94 31.83 - 26 48.8 699.48 142.42 33.02 - 27 48.2 695.43 139.92 34.20 - 28 47.7 691.39 137.43 35.37 - 29 47.1 687.34 134.95 36.53 - 30 35.0 512.85 133.11 37.40 - - *************************************************************** - * REVENUE & CASHFLOW PROFILE * - *************************************************************** - Year Electricity:Price (USD/kWh) Electricity:Ann. Rev. (MUSD/yr) Electricity:Cumm. Rev. (MUSD) Heat:Price (USD/kWh) Heat:Ann. Rev. (MUSD/yr) Heat:Cumm. Rev. (MUSD) Cooling:Price (USD/kWh) Cooling:Ann. Rev. (MUSD/yr) Cooling:Cumm. Rev. (MUSD) Carbon:Price (USD/tonne) Carbon:Ann. Rev. (MUSD/yr) Carbon:Cumm. Rev. (MUSD) Project:OPEX (MUSD/yr) Project:Net Rev. (MUSD/yr) Project:Net Cashflow (MUSD) - 1 0.0000 -55.40 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.00 -55.40 -55.40 - 2 0.0550 1.73 3.53 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.73 -53.66 - 3 0.0550 1.70 7.03 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.70 -51.96 - 4 0.0550 1.66 10.48 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.66 -50.30 - 5 0.0550 1.63 13.91 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.63 -48.67 - 6 0.0550 1.59 17.29 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.59 -47.08 - 7 0.0550 1.56 20.65 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.56 -45.52 - 8 0.0550 1.52 23.96 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.52 -44.00 - 9 0.0550 1.49 27.25 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.49 -42.52 - 10 0.0550 1.45 30.49 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.45 -41.07 - 11 0.0550 1.42 33.70 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.42 -39.65 - 12 0.0550 1.38 36.88 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.38 -38.27 - 13 0.0550 1.35 40.03 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.35 -36.92 - 14 0.0550 1.31 43.14 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.31 -35.61 - 15 0.0550 1.28 46.21 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.28 -34.33 - 16 0.0550 1.25 49.25 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.25 -33.08 - 17 0.0550 1.21 52.26 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.21 -31.87 - 18 0.0550 1.18 55.24 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.18 -30.69 - 19 0.0550 1.15 58.18 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.15 -29.55 - 20 0.0550 1.11 61.09 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.11 -28.43 - 21 0.0550 1.08 63.96 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.08 -27.35 - 22 0.0550 1.05 66.81 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.05 -26.30 - 23 0.0550 1.02 69.62 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 1.02 -25.29 - 24 0.0550 0.98 72.40 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 0.98 -24.31 - 25 0.0550 0.95 75.15 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 0.95 -23.35 - 26 0.0550 0.92 77.86 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 0.92 -22.44 - 27 0.0550 0.89 80.55 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 0.89 -21.55 - 28 0.0550 0.86 83.20 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 0.86 -20.69 - 29 0.0550 0.83 85.82 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 0.83 -19.87 - 30 0.0550 0.79 88.41 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 0.79 -19.07 - 31 0.0550 0.13 90.33 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.80 0.13 -18.95 + ************************************************************ + YEAR THERMAL GEOFLUID PUMP NET FIRST LAW + DRAWDOWN TEMPERATURE POWER POWER EFFICIENCY + (degC) (MW) (MW) (%) + 1 1.0000 145.00 1.2724 8.1848 8.0392 + 2 0.9974 144.62 1.2748 8.1011 7.9973 + 3 0.9948 144.24 1.2772 8.0179 7.9555 + 4 0.9922 143.87 1.2796 7.9351 7.9136 + 5 0.9896 143.49 1.2819 7.8528 7.8718 + 6 0.9870 143.11 1.2843 7.7709 7.8300 + 7 0.9844 142.73 1.2867 7.6895 7.7883 + 8 0.9817 142.35 1.2890 7.6085 7.7465 + 9 0.9791 141.97 1.2914 7.5279 7.7048 + 10 0.9765 141.60 1.2937 7.4478 7.6631 + 11 0.9739 141.22 1.2961 7.3682 7.6214 + 12 0.9713 140.84 1.2984 7.2890 7.5797 + 13 0.9687 140.46 1.3008 7.2102 7.5380 + 14 0.9661 140.08 1.3031 7.1319 7.4964 + 15 0.9635 139.71 1.3054 7.0540 7.4547 + 16 0.9609 139.33 1.3077 6.9765 7.4131 + 17 0.9583 138.95 1.3100 6.8995 7.3714 + 18 0.9557 138.57 1.3124 6.8229 7.3298 + 19 0.9531 138.19 1.3147 6.7468 7.2882 + 20 0.9504 137.82 1.3170 6.6711 7.2466 + 21 0.9478 137.44 1.3193 6.5958 7.2050 + 22 0.9452 137.06 1.3216 6.5209 7.1634 + 23 0.9426 136.68 1.3238 6.4465 7.1218 + 24 0.9400 136.30 1.3261 6.3725 7.0802 + 25 0.9374 135.92 1.3284 6.2990 7.0386 + 26 0.9348 135.55 1.3307 6.2258 6.9970 + 27 0.9322 135.17 1.3329 6.1531 6.9554 + 28 0.9296 134.79 1.3352 6.0808 6.9138 + 29 0.9270 134.41 1.3375 6.0090 6.8722 + 30 0.9244 134.03 1.3397 5.9375 6.8306 + + + ******************************************************************* + * ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * + ******************************************************************* + YEAR ELECTRICITY HEAT RESERVOIR PERCENTAGE OF + PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED + (GWh/year) (GWh/year) (10^15 J) (%) + 1 64.2 800.7 209.74 1.36 + 2 63.5 796.6 206.87 2.70 + 3 62.9 792.6 204.02 4.05 + 4 62.2 788.5 201.18 5.38 + 5 61.6 784.5 198.36 6.71 + 6 60.9 780.4 195.55 8.03 + 7 60.3 776.4 192.75 9.35 + 8 59.7 772.3 189.97 10.65 + 9 59.0 768.3 187.21 11.95 + 10 58.4 764.2 184.46 13.25 + 11 57.8 760.2 181.72 14.53 + 12 57.2 756.1 179.00 15.82 + 13 56.5 752.1 176.29 17.09 + 14 55.9 748.0 173.60 18.35 + 15 55.3 744.0 170.92 19.61 + 16 54.7 740.0 168.26 20.87 + 17 54.1 735.9 165.61 22.11 + 18 53.5 731.9 162.97 23.35 + 19 52.9 727.8 160.35 24.58 + 20 52.3 723.8 157.75 25.81 + 21 51.7 719.7 155.15 27.03 + 22 51.1 715.7 152.58 28.24 + 23 50.5 711.6 150.02 29.45 + 24 50.0 707.6 147.47 30.64 + 25 49.4 703.5 144.94 31.83 + 26 48.8 699.5 142.42 33.02 + 27 48.2 695.4 139.92 34.20 + 28 47.7 691.4 137.43 35.37 + 29 47.1 687.3 134.95 36.53 + 30 35.0 512.8 133.11 37.40 + + + ******************************** + * REVENUE & CASHFLOW PROFILE * + ******************************** +Year Electricity | Heat | Cooling | Carbon | Project +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/tonne) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD) +________________________________________________________________________________________________________________________________________________________________________________________ + 1 0.00 -55.40 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 + 2 5.50 1.73 3.53 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.73 -53.66 + 3 5.50 1.70 7.03 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.70 -51.96 + 4 5.50 1.66 10.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.66 -50.30 + 5 5.50 1.63 13.91 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.63 -48.67 + 6 5.50 1.59 17.29 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.59 -47.08 + 7 5.50 1.56 20.65 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.56 -45.52 + 8 5.50 1.52 23.96 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.52 -44.00 + 9 5.50 1.49 27.25 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.49 -42.52 + 10 5.50 1.45 30.49 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.45 -41.07 + 11 5.50 1.42 33.70 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.42 -39.65 + 12 5.50 1.38 36.88 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.38 -38.27 + 13 5.50 1.35 40.03 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.35 -36.92 + 14 5.50 1.31 43.14 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.31 -35.61 + 15 5.50 1.28 46.21 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.28 -34.33 + 16 5.50 1.25 49.25 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.25 -33.08 + 17 5.50 1.21 52.26 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.21 -31.87 + 18 5.50 1.18 55.24 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.18 -30.69 + 19 5.50 1.15 58.18 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.15 -29.55 + 20 5.50 1.11 61.09 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.11 -28.43 + 21 5.50 1.08 63.96 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.08 -27.35 + 22 5.50 1.05 66.81 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.05 -26.30 + 23 5.50 1.02 69.62 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 1.02 -25.29 + 24 5.50 0.98 72.40 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 0.98 -24.31 + 25 5.50 0.95 75.15 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 0.95 -23.35 + 26 5.50 0.92 77.86 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 0.92 -22.44 + 27 5.50 0.89 80.55 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 0.89 -21.55 + 28 5.50 0.86 83.20 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 0.86 -20.69 + 29 5.50 0.83 85.82 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 0.83 -19.87 + 30 5.50 0.79 88.41 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.80 0.79 -19.07 diff --git a/tests/examples/example5.out b/tests/examples/example5.out index e5b95b0b..9a61725e 100644 --- a/tests/examples/example5.out +++ b/tests/examples/example5.out @@ -4,215 +4,230 @@ Simulation Metadata ---------------------- -GEOPHIRES Version: 3.4.22 -GEOPHIRES Build Date: 2024-03-05 -Simulation Date: 2024-03-20 -Simulation Time: 17:36 -Calculation Time: 0.154 sec + GEOPHIRES Version: 3.4.15 + GEOPHIRES Build Date: 2024-03-05 + Simulation Date: 2024-03-05 + Simulation Time: 09:58 + Calculation Time: 0.061 sec ***SUMMARY OF RESULTS*** - End-Use Option : Direct-Use Heat - Average Direct-Use Heat Production : 19.25 MW - Direct-Use heat breakeven price (LCOH) : 8.98 USD/MMBTU - Number of production wells : 2 - Number of injection wells : 2 - Flowrate per production well : 50.0 kg/sec - Well depth (or total length, if not vertical): 3.0 kilometer - Geothermal gradient : 0.0450 °C/m + End-Use Option: Direct-Use Heat + Average Direct-Use Heat Production: 19.25 MW + Direct-Use heat breakeven price (LCOH): 8.98 USD/MMBTU + Number of production wells: 2 + Number of injection wells: 2 + Flowrate per production well: 50.0 kg/sec + Well depth (or total length, if not vertical): 3.0 kilometer + Geothermal gradient: 0.0450 degC/m + ***ECONOMIC PARAMETERS*** - Economic Model : BICYCLE - Accrued financing during construction : 0.00 - Project lifetime : 30 yr - Capacity factor : 90.0 % - Project NPV : -2.25 MUSD - Project IRR : 5.64 % - Project VIR=PI=PIR : 0.95 - Project MOIC : 0.47 - Project Payback Period : 13.63 yr - - ***ENGINEERING PARAMETERS*** - - Number of Production Wells : 2 - Number of Injection Wells : 2 - Well depth (or total length, if not vertical): 3.0 kilometer - Water loss rate : 2.0 - Pump efficiency : 80.0 - Injection temperature : 80.0 °C - Production Wellbore heat transmission calculated with Rameys model: - Average production well temperature drop : 2.8 °C - Flowrate per production well : 50.0 kg/sec - Injection well casing ID : 9.625 in - Production well casing ID : 9.625 in - Number of times redrilling : 0 - - ***RESOURCE CHARACTERISTICS*** - - Maximum reservoir temperature : 375.0 °C - Number of segments : 1 - Geothermal gradient : 0.0450 °C/m + Economic Model = BICYCLE + Accrued financing during construction: 0.00 + Project lifetime: 30 yr + Capacity factor: 90.0 % + Project NPV: -2.25 MUSD + Project IRR: 5.64 % + Project VIR=PI=PIR: 0.95 + Project MOIC: 0.47 + Project Payback Period: 13.63 yr + + ***ENGINEERING PARAMETERS*** + + Number of Production Wells: 2 + Number of Injection Wells: 2 + Well depth (or total length, if not vertical): 3.0 kilometer + Water loss rate: 2.0 + Pump efficiency: 80.0 + Injection temperature: 80.0 degC + Production Wellbore heat transmission calculated with Ramey's model + Average production well temperature drop: 2.8 degC + Flowrate per production well: 50.0 kg/sec + Injection well casing ID: 9.625 in + Production well casing ID: 9.625 in + Number of times redrilling: 0 + + + ***RESOURCE CHARACTERISTICS*** + + Maximum reservoir temperature: 375.0 degC + Number of segments: 1 + Geothermal gradient: 0.0450 degC/m + ***RESERVOIR PARAMETERS*** - Reservoir Model : User-Provided Temperature Profile Model - Bottom-hole temperature : 150.00 °C - Warning: the reservoir dimensions and thermo-physical properties: - listed below are default values if not provided by the user.: - They are only used for calculating remaining heat content.: - Reservoir volume provided as input : - Reservoir volume : 1000000000 m³ - Reservoir impedance : 0.05 GPa.s/m³ - Reservoir density : 2700.00 kg/m³ - Reservoir thermal conductivity : 3.00 W/m/K - Reservoir heat capacity : 1050.00 J/kg/K - - ***RESERVOIR STIMULATION RESULTS*** - - Maximum Production Temperature : 145.9 °C - Average Production Temperature : 132.5 °C - Minimum Production Temperature : 119.1 °C - Initial Production Temperature : 144.7 °C - Average Reservoir Heat Extraction : 21.39 MW - Production Wellbore Heat Transmission Model : Ramey Model - Average Production Well Temperature Drop : 2.8 °C - Total Average Pressure Drop : 4247.3 kPa - Average Injection Well Pressure Drop : 121.0 kPa - Average Reservoir Pressure Drop : 5079.3 kPa - Average Production Well Pressure Drop : 118.6 kPa - Average Buoyancy Pressure Drop : -1071.5 kPa - - ***CAPITAL COSTS*** - - Drilling and completion costs : 21.95 MUSD - Drilling and completion costs per well : 5.49 MUSD - Stimulation costs : 3.02 MUSD - Surface power plant costs : 8.65 MUSD - Field gathering system costs : 2.45 MUSD - Total surface equipment costs : 11.09 MUSD - Exploration costs : 5.33 MUSD - Total capital costs : 41.38 MUSD - - ***OPERATING AND MAINTENANCE COSTS*** - - Wellfield maintenance costs : 0.43 MUSD/yr - Power plant maintenance costs : 0.70 MUSD/yr - Water costs : 0.05 MUSD/yr - Average Reservoir Pumping Cost : 0.30 MUSD/yr - Total operating and maintenance costs : 1.48 MUSD/yr + Reservoir Model = User-Provided Temperature Profile Model + Bottom-hole temperature: 150.00 degC + Warning: the reservoir dimensions and thermo-physical properties + listed below are default values if not provided by the user. + They are only used for calculating remaining heat content. + Reservoir volume provided as input + Reservoir volume: 1000000000 m**3 + Reservoir impedance: 0.05 GPa.s/m**3 + Reservoir density: 2700.00 kg/m**3 + Reservoir thermal conductivity: 3.00 W/m/K + Reservoir heat capacity: 1050.00 J/kg/K + + + ***RESERVOIR SIMULATION RESULTS*** + + Maximum Production Temperature: 145.9 degC + Average Production Temperature: 132.5 degC + Minimum Production Temperature: 119.1 degC + Initial Production Temperature: 144.7 degC + Average Reservoir Heat Extraction: 21.39 MW + Production Wellbore Heat Transmission Model = Ramey Model + Average Production Well Temperature Drop: 2.8 degC + Total Average Pressure Drop: 4247.3 kPa + Average Injection Well Pressure Drop: 121.0 kPa + Average Reservoir Pressure Drop: 5079.3 kPa + Average Production Well Pressure Drop: 118.6 kPa + Average Buoyancy Pressure Drop: -1071.5 kPa + + + ***CAPITAL COSTS (M$)*** + + Drilling and completion costs: 21.95 MUSD + Drilling and completion costs per well: 5.49 MUSD + Stimulation costs: 3.02 MUSD + Surface power plant costs: 8.65 MUSD + Field gathering system costs: 2.45 MUSD + Total surface equipment costs: 11.09 MUSD + Exploration costs: 5.33 MUSD + Total capital costs: 41.38 MUSD + + + ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** + + Wellfield maintenance costs: 0.43 MUSD/yr + Power plant maintenance costs: 0.70 MUSD/yr + Water costs: 0.05 MUSD/yr + Average Reservoir Pumping Cost: 0.30 MUSD/yr + Total operating and maintenance costs: 1.48 MUSD/yr + ***SURFACE EQUIPMENT SIMULATION RESULTS*** - Maximum Net Heat Production : 24.16 MW - Average Net Heat Production : 19.25 MW - Minimum Net Heat Production : 14.33 MW - Initial Net Heat Production : 23.73 MW - Average Annual Heat Production : 150.50 - Average Pumping Power : 0.54 MW + Maximum Net Heat Production: 24.16 MW + Average Net Heat Production: 19.25 MW + Minimum Net Heat Production: 14.33 MW + Initial Net Heat Production: 23.73 MW + Average Annual Heat Production: 150.50 GWh + Average Pumping Power: 0.54 MW - *************************************************************** + ************************************************************ * HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * - *************************************************************** - Year Thermal Drawdown (%) Geofluid Temperature (°C) Pump Power (MW) Net Heat (MW) - 1 1.0000 144.67 0.4995 23.7257 - 2 1.0061 145.55 0.4989 24.0476 - 3 1.0082 145.85 0.4987 24.1591 - 4 1.0074 145.74 0.4995 24.1182 - 5 1.0035 145.17 0.5015 23.9093 - 6 0.9970 144.23 0.5045 23.5648 - 7 0.9888 143.05 0.5082 23.1316 - 8 0.9797 141.74 0.5123 22.6487 - 9 0.9702 140.36 0.5165 22.1429 - 10 0.9605 138.96 0.5207 21.6318 - 11 0.9510 137.59 0.5249 21.1262 - 12 0.9417 136.24 0.5289 20.6326 - 13 0.9327 134.94 0.5328 20.1549 - 14 0.9241 133.68 0.5364 19.6950 - 15 0.9157 132.48 0.5400 19.2536 - 16 0.9078 131.33 0.5433 18.8310 - 17 0.9002 130.23 0.5465 18.4267 - 18 0.8929 129.17 0.5495 18.0402 - 19 0.8859 128.17 0.5524 17.6707 - 20 0.8793 127.20 0.5552 17.3174 - 21 0.8729 126.28 0.5578 16.9794 - 22 0.8668 125.40 0.5603 16.6559 - 23 0.8610 124.56 0.5627 16.3460 - 24 0.8554 123.75 0.5649 16.0490 - 25 0.8500 122.97 0.5671 15.7641 - 26 0.8448 122.22 0.5692 15.4905 - 27 0.8399 121.51 0.5712 15.2277 - 28 0.8351 120.82 0.5731 14.9750 - 29 0.8305 120.16 0.5749 14.7318 - 30 0.8261 119.52 0.5767 14.4976 - - *************************************************************** - *ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE* - *************************************************************** - Year Heating Provided (kW) Heat Extracted(GW/yr) Reservoir Heat Content (MW) Percentage of Total Heat Mined (%) - 1 188.2 209.15 197.70 0.38 - 2 190.1 211.24 196.94 0.76 - 3 190.4 211.57 196.17 1.15 - 4 189.4 210.47 195.42 1.53 - 5 187.2 208.01 194.67 1.91 - 6 184.1 204.58 193.93 2.28 - 7 180.5 200.54 193.21 2.64 - 8 176.6 196.20 192.50 3.00 - 9 172.6 191.73 191.81 3.34 - 10 168.5 187.27 191.14 3.68 - 11 164.6 182.89 190.48 4.02 - 12 160.8 178.64 189.84 4.34 - 13 157.1 174.53 189.21 4.66 - 14 153.5 170.58 188.60 4.97 - 15 150.1 166.80 187.99 5.27 - 16 146.9 163.18 187.41 5.56 - 17 143.7 159.71 186.83 5.85 - 18 140.8 156.40 186.27 6.14 - 19 137.9 153.24 185.72 6.42 - 20 135.2 150.21 185.18 6.69 - 21 132.6 147.31 184.65 6.96 - 22 130.1 144.54 184.13 7.22 - 23 127.7 141.88 183.62 7.48 - 24 125.4 139.33 183.11 7.73 - 25 123.2 136.89 182.62 7.98 - 26 121.1 134.54 182.14 8.22 - 27 119.1 132.28 181.66 8.46 - 28 117.1 130.11 181.19 8.70 - 29 115.2 128.02 180.73 8.93 - 30 85.2 94.69 180.39 9.10 - - *************************************************************** - * REVENUE & CASHFLOW PROFILE * - *************************************************************** - Year Electricity:Price (USD/kWh) Electricity:Ann. Rev. (MUSD/yr) Electricity:Cumm. Rev. (MUSD) Heat:Price (USD/kWh) Heat:Ann. Rev. (MUSD/yr) Heat:Cumm. Rev. (MUSD) Cooling:Price (USD/kWh) Cooling:Ann. Rev. (MUSD/yr) Cooling:Cumm. Rev. (MUSD) Carbon:Price (USD/tonne) Carbon:Ann. Rev. (MUSD/yr) Carbon:Cumm. Rev. (MUSD) Project:OPEX (MUSD/yr) Project:Net Rev. (MUSD/yr) Project:Net Cashflow (MUSD) - 1 0.0000 0.00 0.00 0.0000 -41.38 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.00 -41.38 -41.38 - 2 0.0550 0.00 0.00 0.0250 3.53 4.71 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 3.53 -37.86 - 3 0.0550 0.00 0.00 0.0250 3.57 9.46 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 3.57 -34.28 - 4 0.0550 0.00 0.00 0.0250 3.58 14.22 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 3.58 -30.70 - 5 0.0550 0.00 0.00 0.0250 3.55 18.95 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 3.55 -27.15 - 6 0.0550 0.00 0.00 0.0250 3.50 23.64 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 3.50 -23.65 - 7 0.0550 0.00 0.00 0.0250 3.42 28.24 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 3.42 -20.23 - 8 0.0550 0.00 0.00 0.0250 3.33 32.75 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 3.33 -16.90 - 9 0.0550 0.00 0.00 0.0250 3.23 37.16 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 3.23 -13.66 - 10 0.0550 0.00 0.00 0.0250 3.13 41.48 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 3.13 -10.53 - 11 0.0550 0.00 0.00 0.0250 3.03 45.69 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 3.03 -7.50 - 12 0.0550 0.00 0.00 0.0250 2.93 49.81 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 2.93 -4.56 - 13 0.0550 0.00 0.00 0.0250 2.84 53.83 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 2.84 -1.72 - 14 0.0550 0.00 0.00 0.0250 2.75 57.75 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 2.75 1.02 - 15 0.0550 0.00 0.00 0.0250 2.66 61.59 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 2.66 3.68 - 16 0.0550 0.00 0.00 0.0250 2.57 65.34 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 2.57 6.25 - 17 0.0550 0.00 0.00 0.0250 2.49 69.02 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 2.49 8.74 - 18 0.0550 0.00 0.00 0.0250 2.41 72.61 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 2.41 11.16 - 19 0.0550 0.00 0.00 0.0250 2.34 76.13 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 2.34 13.50 - 20 0.0550 0.00 0.00 0.0250 2.27 79.58 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 2.27 15.76 - 21 0.0550 0.00 0.00 0.0250 2.20 82.96 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 2.20 17.96 - 22 0.0550 0.00 0.00 0.0250 2.13 86.27 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 2.13 20.10 - 23 0.0550 0.00 0.00 0.0250 2.07 89.52 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 2.07 22.17 - 24 0.0550 0.00 0.00 0.0250 2.01 92.72 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 2.01 24.18 - 25 0.0550 0.00 0.00 0.0250 1.95 95.85 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 1.95 26.13 - 26 0.0550 0.00 0.00 0.0250 1.90 98.93 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 1.90 28.03 - 27 0.0550 0.00 0.00 0.0250 1.85 101.96 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 1.85 29.88 - 28 0.0550 0.00 0.00 0.0250 1.80 104.93 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 1.80 31.67 - 29 0.0550 0.00 0.00 0.0250 1.75 107.86 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 1.75 33.42 - 30 0.0550 0.00 0.00 0.0250 1.70 110.74 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 1.70 35.12 - 31 0.0550 0.00 0.00 0.0250 0.95 112.87 0.0250 0.00 0.00 0.0000 0.00 0.00 1.18 0.95 36.07 + ************************************************************ + YEAR THERMAL GEOFLUID PUMP NET + DRAWDOWN TEMPERATURE POWER HEAT + (deg C) (MW) (MW) + 0 1.0000 144.67 0.4995 23.7257 + 1 1.0061 145.55 0.4989 24.0476 + 2 1.0082 145.85 0.4987 24.1591 + 3 1.0074 145.74 0.4995 24.1182 + 4 1.0035 145.17 0.5015 23.9093 + 5 0.9970 144.23 0.5045 23.5648 + 6 0.9888 143.05 0.5082 23.1316 + 7 0.9797 141.74 0.5123 22.6487 + 8 0.9702 140.36 0.5165 22.1429 + 9 0.9605 138.96 0.5207 21.6318 + 10 0.9510 137.59 0.5249 21.1262 + 11 0.9417 136.24 0.5289 20.6326 + 12 0.9327 134.94 0.5328 20.1549 + 13 0.9241 133.68 0.5364 19.6950 + 14 0.9157 132.48 0.5400 19.2536 + 15 0.9078 131.33 0.5433 18.8310 + 16 0.9002 130.23 0.5465 18.4267 + 17 0.8929 129.17 0.5495 18.0402 + 18 0.8859 128.17 0.5524 17.6707 + 19 0.8793 127.20 0.5552 17.3174 + 20 0.8729 126.28 0.5578 16.9794 + 21 0.8668 125.40 0.5603 16.6559 + 22 0.8610 124.56 0.5627 16.3460 + 23 0.8554 123.75 0.5649 16.0490 + 24 0.8500 122.97 0.5671 15.7641 + 25 0.8448 122.22 0.5692 15.4905 + 26 0.8399 121.51 0.5712 15.2277 + 27 0.8351 120.82 0.5731 14.9750 + 28 0.8305 120.16 0.5749 14.7318 + 29 0.8261 119.52 0.5767 14.4976 + + + ******************************************************************* + * ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * + ******************************************************************* + YEAR HEAT HEAT RESERVOIR PERCENTAGE OF + PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED + (GWh/year) (GWh/year) (10^15 J) (%) + 1 188.2 209.2 197.70 0.38 + 2 190.1 211.2 196.94 0.76 + 3 190.4 211.6 196.17 1.15 + 4 189.4 210.5 195.42 1.53 + 5 187.2 208.0 194.67 1.91 + 6 184.1 204.6 193.93 2.28 + 7 180.5 200.5 193.21 2.64 + 8 176.6 196.2 192.50 3.00 + 9 172.6 191.7 191.81 3.34 + 10 168.5 187.3 191.14 3.68 + 11 164.6 182.9 190.48 4.02 + 12 160.8 178.6 189.84 4.34 + 13 157.1 174.5 189.21 4.66 + 14 153.5 170.6 188.60 4.97 + 15 150.1 166.8 187.99 5.27 + 16 146.9 163.2 187.41 5.56 + 17 143.7 159.7 186.83 5.85 + 18 140.8 156.4 186.27 6.14 + 19 137.9 153.2 185.72 6.42 + 20 135.2 150.2 185.18 6.69 + 21 132.6 147.3 184.65 6.96 + 22 130.1 144.5 184.13 7.22 + 23 127.7 141.9 183.62 7.48 + 24 125.4 139.3 183.11 7.73 + 25 123.2 136.9 182.62 7.98 + 26 121.1 134.5 182.14 8.22 + 27 119.1 132.3 181.66 8.46 + 28 117.1 130.1 181.19 8.70 + 29 115.2 128.0 180.73 8.93 + 30 85.2 94.7 180.39 9.10 + + + ******************************** + * REVENUE & CASHFLOW PROFILE * + ******************************** +Year Electricity | Heat | Cooling | Carbon | Project +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/tonne) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD) +________________________________________________________________________________________________________________________________________________________________________________________ + 1 0.00 0.00 0.00 | 0.00 -41.38 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -41.38 -41.38 + 2 5.50 0.00 0.00 | 2.50 3.53 4.71 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 3.53 -37.86 + 3 5.50 0.00 0.00 | 2.50 3.57 9.46 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 3.57 -34.28 + 4 5.50 0.00 0.00 | 2.50 3.58 14.22 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 3.58 -30.70 + 5 5.50 0.00 0.00 | 2.50 3.55 18.95 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 3.55 -27.15 + 6 5.50 0.00 0.00 | 2.50 3.50 23.64 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 3.50 -23.65 + 7 5.50 0.00 0.00 | 2.50 3.42 28.24 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 3.42 -20.23 + 8 5.50 0.00 0.00 | 2.50 3.33 32.75 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 3.33 -16.90 + 9 5.50 0.00 0.00 | 2.50 3.23 37.16 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 3.23 -13.66 + 10 5.50 0.00 0.00 | 2.50 3.13 41.48 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 3.13 -10.53 + 11 5.50 0.00 0.00 | 2.50 3.03 45.69 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 3.03 -7.50 + 12 5.50 0.00 0.00 | 2.50 2.93 49.81 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 2.93 -4.56 + 13 5.50 0.00 0.00 | 2.50 2.84 53.83 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 2.84 -1.72 + 14 5.50 0.00 0.00 | 2.50 2.75 57.75 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 2.75 1.02 + 15 5.50 0.00 0.00 | 2.50 2.66 61.59 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 2.66 3.68 + 16 5.50 0.00 0.00 | 2.50 2.57 65.34 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 2.57 6.25 + 17 5.50 0.00 0.00 | 2.50 2.49 69.02 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 2.49 8.74 + 18 5.50 0.00 0.00 | 2.50 2.41 72.61 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 2.41 11.16 + 19 5.50 0.00 0.00 | 2.50 2.34 76.13 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 2.34 13.50 + 20 5.50 0.00 0.00 | 2.50 2.27 79.58 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 2.27 15.76 + 21 5.50 0.00 0.00 | 2.50 2.20 82.96 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 2.20 17.96 + 22 5.50 0.00 0.00 | 2.50 2.13 86.27 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 2.13 20.10 + 23 5.50 0.00 0.00 | 2.50 2.07 89.52 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 2.07 22.17 + 24 5.50 0.00 0.00 | 2.50 2.01 92.72 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 2.01 24.18 + 25 5.50 0.00 0.00 | 2.50 1.95 95.85 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 1.95 26.13 + 26 5.50 0.00 0.00 | 2.50 1.90 98.93 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 1.90 28.03 + 27 5.50 0.00 0.00 | 2.50 1.85 101.96 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 1.85 29.88 + 28 5.50 0.00 0.00 | 2.50 1.80 104.93 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 1.80 31.67 + 29 5.50 0.00 0.00 | 2.50 1.75 107.86 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 1.75 33.42 + 30 5.50 0.00 0.00 | 2.50 1.70 110.74 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.18 1.70 35.12 diff --git a/tests/examples/example8.out b/tests/examples/example8.out index 8047a9be..9d940954 100644 --- a/tests/examples/example8.out +++ b/tests/examples/example8.out @@ -4,219 +4,234 @@ Simulation Metadata ---------------------- -GEOPHIRES Version: 3.4.22 -GEOPHIRES Build Date: 2024-03-05 -Simulation Date: 2024-03-20 -Simulation Time: 17:42 -Calculation Time: 1.443 sec + GEOPHIRES Version: 3.4.15 + GEOPHIRES Build Date: 2024-03-05 + Simulation Date: 2024-03-05 + Simulation Time: 09:59 + Calculation Time: 0.617 sec ***SUMMARY OF RESULTS*** - End-Use Option : Direct-Use Heat - Average Direct-Use Heat Production : 9.43 MW - Direct-Use heat breakeven price (LCOH) : 9.13 USD/MMBTU - Number of production wells : 1 - Number of injection wells : 1 - Flowrate per production well : 40.0 kg/sec - Well depth (or total length, if not vertical): 2.8 kilometer - Geothermal gradient : 0.0280 °C/m + End-Use Option: Direct-Use Heat + Average Direct-Use Heat Production: 9.43 MW + Direct-Use heat breakeven price (LCOH): 9.13 USD/MMBTU + Number of production wells: 1 + Number of injection wells: 1 + Flowrate per production well: 40.0 kg/sec + Well depth (or total length, if not vertical): 2.8 kilometer + Geothermal gradient: 0.0280 degC/m + ***ECONOMIC PARAMETERS*** - Economic Model : Fixed Charge Rate (FCR) - Fixed Charge Rate (FCR) : 5.00 - Accrued financing during construction : 0.00 - Project lifetime : 30 yr - Capacity factor : 60.0 % - Project NPV : -10.17 MUSD - Project IRR : 0.86 % - Project VIR=PI=PIR : 0.52 - Project MOIC : 0.08 - Project Payback Period : 26.95 yr - - ***ENGINEERING PARAMETERS*** - - Number of Production Wells : 1 - Number of Injection Wells : 1 - Well depth (or total length, if not vertical): 2.8 kilometer - Water loss rate : 2.0 - Pump efficiency : 80.0 - Injection temperature : 30.0 °C - Production Wellbore heat transmission calculated with Rameys model: - Average production well temperature drop : 2.1 °C - Flowrate per production well : 40.0 kg/sec - Injection well casing ID : 7.000 in - Production well casing ID : 7.000 in - Number of times redrilling : 0 - - ***RESOURCE CHARACTERISTICS*** - - Maximum reservoir temperature : 400.0 °C - Number of segments : 1 - Geothermal gradient : 0.0280 °C/m + Economic Model = Fixed Charge Rate (FCR) + Fixed Charge Rate (FCR): 5.00 + Accrued financing during construction: 0.00 + Project lifetime: 30 yr + Capacity factor: 60.0 % + Project NPV: -10.17 MUSD + Project IRR: 0.86 % + Project VIR=PI=PIR: 0.52 + Project MOIC: 0.08 + Project Payback Period: 26.95 yr + + ***ENGINEERING PARAMETERS*** + + Number of Production Wells: 1 + Number of Injection Wells: 1 + Well depth (or total length, if not vertical): 2.8 kilometer + Water loss rate: 2.0 + Pump efficiency: 80.0 + Injection temperature: 30.0 degC + Production Wellbore heat transmission calculated with Ramey's model + Average production well temperature drop: 2.1 degC + Flowrate per production well: 40.0 kg/sec + Injection well casing ID: 7.000 in + Production well casing ID: 7.000 in + Number of times redrilling: 0 + + + ***RESOURCE CHARACTERISTICS*** + + Maximum reservoir temperature: 400.0 degC + Number of segments: 1 + Geothermal gradient: 0.0280 degC/m + ***RESERVOIR PARAMETERS*** - Reservoir Model : Multiple Parallel Fractures Model - Bottom-hole temperature : 98.40 °C - Fracture model : Square - Well separation: fracture height : 700.00 meter - Fracture area : 490000.00 m² - Reservoir volume calculated with fracture separation and number of fractures as input: - Number of fractures : 5.00 - Fracture separation : 100.00 meter - Reservoir volume : 196000000 m³ - Reservoir impedance : 0.05 GPa.s/m³ - Reservoir density : 2730.00 kg/m³ - Reservoir thermal conductivity : 2.83 W/m/K - Reservoir heat capacity : 825.00 J/kg/K - - ***RESERVOIR STIMULATION RESULTS*** - - Maximum Production Temperature : 96.1 °C - Average Production Temperature : 94.7 °C - Minimum Production Temperature : 91.2 °C - Initial Production Temperature : 95.0 °C - Average Reservoir Heat Extraction : 10.48 MW - Production Wellbore Heat Transmission Model : Ramey Model - Average Production Well Temperature Drop : 2.1 °C - Total Average Pressure Drop : 1785.0 kPa - Average Injection Well Pressure Drop : 379.7 kPa - Average Reservoir Pressure Drop : 1974.3 kPa - Average Production Well Pressure Drop : 363.5 kPa - Average Buoyancy Pressure Drop : -932.5 kPa - - ***CAPITAL COSTS*** - - Drilling and completion costs : 9.99 MUSD - Drilling and completion costs per well : 5.00 MUSD - Stimulation costs : 1.51 MUSD - Surface power plant costs : 3.45 MUSD - Field gathering system costs : 1.14 MUSD - Total surface equipment costs : 4.59 MUSD - Exploration costs : 4.96 MUSD - Total capital costs : 21.06 MUSD - Annualized capital costs : 1.05 MUSD - - ***OPERATING AND MAINTENANCE COSTS*** - - Wellfield maintenance costs : 0.18 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 : 0.48 MUSD/yr + Reservoir Model = Multiple Parallel Fractures Model + Bottom-hole temperature: 98.40 degC + Fracture model = Square + Well separation: fracture height: 700.00 meter + Fracture area: 490000.00 m**2 + Reservoir volume calculated with fracture separation and number of fractures as input + Number of fractures: 5.00 + Fracture separation: 100.00 meter + Reservoir volume: 196000000 m**3 + Reservoir impedance: 0.05 GPa.s/m**3 + Reservoir density: 2730.00 kg/m**3 + Reservoir thermal conductivity: 2.83 W/m/K + Reservoir heat capacity: 825.00 J/kg/K + + + ***RESERVOIR SIMULATION RESULTS*** + + Maximum Production Temperature: 96.1 degC + Average Production Temperature: 94.7 degC + Minimum Production Temperature: 91.2 degC + Initial Production Temperature: 95.0 degC + Average Reservoir Heat Extraction: 10.48 MW + Production Wellbore Heat Transmission Model = Ramey Model + Average Production Well Temperature Drop: 2.1 degC + Total Average Pressure Drop: 1785.0 kPa + Average Injection Well Pressure Drop: 379.7 kPa + Average Reservoir Pressure Drop: 1974.3 kPa + Average Production Well Pressure Drop: 363.5 kPa + Average Buoyancy Pressure Drop: -932.5 kPa + + + ***CAPITAL COSTS (M$)*** + + Drilling and completion costs: 9.99 MUSD + Drilling and completion costs per well: 5.00 MUSD + Stimulation costs: 1.51 MUSD + Surface power plant costs: 3.45 MUSD + Field gathering system costs: 1.14 MUSD + Total surface equipment costs: 4.59 MUSD + Exploration costs: 4.96 MUSD + Total capital costs: 21.06 MUSD + Annualized capital costs: 1.05 MUSD + + + ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** + + Wellfield maintenance costs: 0.18 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: 0.48 MUSD/yr + ***SURFACE EQUIPMENT SIMULATION RESULTS*** - Maximum Net Heat Production : 9.64 MW - Average Net Heat Production : 9.43 MW - Minimum Net Heat Production : 8.92 MW - Initial Net Heat Production : 9.47 MW - Average Annual Heat Production : 49.32 - Average Pumping Power : 0.09 MW + Maximum Net Heat Production: 9.64 MW + Average Net Heat Production: 9.43 MW + Minimum Net Heat Production: 8.92 MW + Initial Net Heat Production: 9.47 MW + Average Annual Heat Production: 49.32 GWh + Average Pumping Power: 0.09 MW - *************************************************************** + ************************************************************ * HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * - *************************************************************** - Year Thermal Drawdown (%) Geofluid Temperature (°C) Pump Power (MW) Net Heat (MW) - 1 1.0000 94.98 0.0876 9.4733 - 2 1.0073 95.67 0.0874 9.5744 - 3 1.0094 95.87 0.0874 9.6033 - 4 1.0105 95.97 0.0874 9.6184 - 5 1.0112 96.04 0.0874 9.6283 - 6 1.0117 96.09 0.0873 9.6355 - 7 1.0121 96.13 0.0873 9.6406 - 8 1.0123 96.15 0.0873 9.6434 - 9 1.0123 96.15 0.0874 9.6436 - 10 1.0121 96.13 0.0874 9.6405 - 11 1.0116 96.08 0.0875 9.6337 - 12 1.0108 96.01 0.0875 9.6231 - 13 1.0098 95.91 0.0876 9.6085 - 14 1.0084 95.78 0.0878 9.5900 - 15 1.0068 95.63 0.0879 9.5678 - 16 1.0050 95.45 0.0881 9.5421 - 17 1.0029 95.25 0.0883 9.5133 - 18 1.0006 95.04 0.0885 9.4815 - 19 0.9981 94.80 0.0887 9.4471 - 20 0.9955 94.55 0.0889 9.4104 - 21 0.9927 94.28 0.0892 9.3716 - 22 0.9897 94.00 0.0894 9.3310 - 23 0.9867 93.71 0.0897 9.2887 - 24 0.9835 93.41 0.0899 9.2449 - 25 0.9802 93.10 0.0902 9.1998 - 26 0.9769 92.79 0.0905 9.1535 - 27 0.9735 92.46 0.0908 9.1061 - 28 0.9700 92.13 0.0911 9.0578 - 29 0.9664 91.79 0.0914 9.0085 - 30 0.9628 91.45 0.0917 8.9583 - - *************************************************************** - *ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE* - *************************************************************** - Year Heating Provided (kW) Heat Extracted(GW/yr) Reservoir Heat Content (MW) Percentage of Total Heat Mined (%) - 1 50.1 55.65 29.99 0.66 - 2 50.4 56.01 29.79 1.33 - 3 50.5 56.13 29.59 2.00 - 4 50.6 56.20 29.39 2.67 - 5 50.6 56.25 29.19 3.34 - 6 50.7 56.29 28.98 4.01 - 7 50.7 56.31 28.78 4.68 - 8 50.7 56.32 28.58 5.36 - 9 50.7 56.31 28.37 6.03 - 10 50.7 56.28 28.17 6.70 - 11 50.6 56.23 27.97 7.37 - 12 50.5 56.16 27.77 8.04 - 13 50.5 56.06 27.57 8.71 - 14 50.3 55.94 27.36 9.37 - 15 50.2 55.80 27.16 10.04 - 16 50.1 55.64 26.96 10.70 - 17 49.9 55.47 26.76 11.36 - 18 49.7 55.27 26.56 12.02 - 19 49.6 55.06 26.37 12.68 - 20 49.4 54.84 26.17 13.33 - 21 49.2 54.61 25.97 13.98 - 22 48.9 54.37 25.78 14.63 - 23 48.7 54.12 25.58 15.28 - 24 48.5 53.86 25.39 15.92 - 25 48.2 53.59 25.19 16.56 - 26 48.0 53.32 25.00 17.19 - 27 47.7 53.04 24.81 17.83 - 28 47.5 52.75 24.62 18.46 - 29 47.2 52.46 24.43 19.08 - 30 39.1 43.49 24.28 19.60 - - *************************************************************** - * REVENUE & CASHFLOW PROFILE * - *************************************************************** - Year Electricity:Price (USD/kWh) Electricity:Ann. Rev. (MUSD/yr) Electricity:Cumm. Rev. (MUSD) Heat:Price (USD/kWh) Heat:Ann. Rev. (MUSD/yr) Heat:Cumm. Rev. (MUSD) Cooling:Price (USD/kWh) Cooling:Ann. Rev. (MUSD/yr) Cooling:Cumm. Rev. (MUSD) Carbon:Price (USD/tonne) Carbon:Ann. Rev. (MUSD/yr) Carbon:Cumm. Rev. (MUSD) Project:OPEX (MUSD/yr) Project:Net Rev. (MUSD/yr) Project:Net Cashflow (MUSD) - 1 0.0000 0.00 0.00 0.0000 -21.06 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.00 -21.06 -21.06 - 2 0.0550 0.00 0.00 0.0250 0.82 1.25 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.82 -20.24 - 3 0.0550 0.00 0.00 0.0250 0.82 2.51 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.82 -19.42 - 4 0.0550 0.00 0.00 0.0250 0.83 3.78 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.83 -18.59 - 5 0.0550 0.00 0.00 0.0250 0.83 5.04 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.83 -17.76 - 6 0.0550 0.00 0.00 0.0250 0.83 6.31 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.83 -16.93 - 7 0.0550 0.00 0.00 0.0250 0.83 7.57 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.83 -16.10 - 8 0.0550 0.00 0.00 0.0250 0.83 8.84 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.83 -15.27 - 9 0.0550 0.00 0.00 0.0250 0.83 10.11 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.83 -14.44 - 10 0.0550 0.00 0.00 0.0250 0.83 11.37 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.83 -13.61 - 11 0.0550 0.00 0.00 0.0250 0.83 12.64 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.83 -12.78 - 12 0.0550 0.00 0.00 0.0250 0.83 13.90 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.83 -11.95 - 13 0.0550 0.00 0.00 0.0250 0.83 15.17 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.83 -11.13 - 14 0.0550 0.00 0.00 0.0250 0.82 16.43 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.82 -10.30 - 15 0.0550 0.00 0.00 0.0250 0.82 17.69 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.82 -9.48 - 16 0.0550 0.00 0.00 0.0250 0.82 18.94 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.82 -8.66 - 17 0.0550 0.00 0.00 0.0250 0.82 20.20 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.82 -7.85 - 18 0.0550 0.00 0.00 0.0250 0.81 21.44 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.81 -7.03 - 19 0.0550 0.00 0.00 0.0250 0.81 22.69 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.81 -6.23 - 20 0.0550 0.00 0.00 0.0250 0.80 23.93 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.80 -5.43 - 21 0.0550 0.00 0.00 0.0250 0.80 25.16 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.80 -4.63 - 22 0.0550 0.00 0.00 0.0250 0.79 26.39 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.79 -3.84 - 23 0.0550 0.00 0.00 0.0250 0.79 27.61 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.79 -3.05 - 24 0.0550 0.00 0.00 0.0250 0.78 28.83 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.78 -2.27 - 25 0.0550 0.00 0.00 0.0250 0.78 30.04 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.78 -1.49 - 26 0.0550 0.00 0.00 0.0250 0.77 31.25 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.77 -0.72 - 27 0.0550 0.00 0.00 0.0250 0.76 32.45 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.76 0.04 - 28 0.0550 0.00 0.00 0.0250 0.76 33.64 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.76 0.80 - 29 0.0550 0.00 0.00 0.0250 0.75 34.83 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.75 1.55 - 30 0.0550 0.00 0.00 0.0250 0.74 36.01 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.74 2.29 - 31 0.0550 0.00 0.00 0.0250 0.54 36.99 0.0250 0.00 0.00 0.0000 0.00 0.00 0.44 0.54 2.83 + ************************************************************ + YEAR THERMAL GEOFLUID PUMP NET + DRAWDOWN TEMPERATURE POWER HEAT + (deg C) (MW) (MW) + 0 1.0000 94.98 0.0876 9.4733 + 1 1.0073 95.67 0.0874 9.5744 + 2 1.0094 95.87 0.0874 9.6033 + 3 1.0105 95.97 0.0874 9.6184 + 4 1.0112 96.04 0.0874 9.6283 + 5 1.0117 96.09 0.0873 9.6355 + 6 1.0121 96.13 0.0873 9.6406 + 7 1.0123 96.15 0.0873 9.6434 + 8 1.0123 96.15 0.0874 9.6436 + 9 1.0121 96.13 0.0874 9.6405 + 10 1.0116 96.08 0.0875 9.6337 + 11 1.0108 96.01 0.0875 9.6231 + 12 1.0098 95.91 0.0876 9.6085 + 13 1.0084 95.78 0.0878 9.5900 + 14 1.0068 95.63 0.0879 9.5678 + 15 1.0050 95.45 0.0881 9.5421 + 16 1.0029 95.25 0.0883 9.5133 + 17 1.0006 95.04 0.0885 9.4815 + 18 0.9981 94.80 0.0887 9.4471 + 19 0.9955 94.55 0.0889 9.4104 + 20 0.9927 94.28 0.0892 9.3716 + 21 0.9897 94.00 0.0894 9.3310 + 22 0.9867 93.71 0.0897 9.2887 + 23 0.9835 93.41 0.0899 9.2449 + 24 0.9802 93.10 0.0902 9.1998 + 25 0.9769 92.79 0.0905 9.1535 + 26 0.9735 92.46 0.0908 9.1061 + 27 0.9700 92.13 0.0911 9.0578 + 28 0.9664 91.79 0.0914 9.0085 + 29 0.9628 91.45 0.0917 8.9583 + + + ******************************************************************* + * ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * + ******************************************************************* + YEAR HEAT HEAT RESERVOIR PERCENTAGE OF + PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED + (GWh/year) (GWh/year) (10^15 J) (%) + 1 50.1 55.7 29.99 0.66 + 2 50.4 56.0 29.79 1.33 + 3 50.5 56.1 29.59 2.00 + 4 50.6 56.2 29.39 2.67 + 5 50.6 56.3 29.19 3.34 + 6 50.7 56.3 28.98 4.01 + 7 50.7 56.3 28.78 4.68 + 8 50.7 56.3 28.58 5.36 + 9 50.7 56.3 28.37 6.03 + 10 50.7 56.3 28.17 6.70 + 11 50.6 56.2 27.97 7.37 + 12 50.5 56.2 27.77 8.04 + 13 50.5 56.1 27.57 8.71 + 14 50.3 55.9 27.36 9.37 + 15 50.2 55.8 27.16 10.04 + 16 50.1 55.6 26.96 10.70 + 17 49.9 55.5 26.76 11.36 + 18 49.7 55.3 26.56 12.02 + 19 49.6 55.1 26.37 12.68 + 20 49.4 54.8 26.17 13.33 + 21 49.2 54.6 25.97 13.98 + 22 48.9 54.4 25.78 14.63 + 23 48.7 54.1 25.58 15.28 + 24 48.5 53.9 25.39 15.92 + 25 48.2 53.6 25.19 16.56 + 26 48.0 53.3 25.00 17.19 + 27 47.7 53.0 24.81 17.83 + 28 47.5 52.8 24.62 18.46 + 29 47.2 52.5 24.43 19.08 + 30 39.1 43.5 24.28 19.60 + + + ******************************** + * REVENUE & CASHFLOW PROFILE * + ******************************** +Year Electricity | Heat | Cooling | Carbon | Project +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/tonne) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD) +________________________________________________________________________________________________________________________________________________________________________________________ + 1 0.00 0.00 0.00 | 0.00 -21.06 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -21.06 -21.06 + 2 5.50 0.00 0.00 | 2.50 0.82 1.25 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.82 -20.24 + 3 5.50 0.00 0.00 | 2.50 0.82 2.51 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.82 -19.42 + 4 5.50 0.00 0.00 | 2.50 0.83 3.78 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.83 -18.59 + 5 5.50 0.00 0.00 | 2.50 0.83 5.04 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.83 -17.76 + 6 5.50 0.00 0.00 | 2.50 0.83 6.31 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.83 -16.93 + 7 5.50 0.00 0.00 | 2.50 0.83 7.57 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.83 -16.10 + 8 5.50 0.00 0.00 | 2.50 0.83 8.84 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.83 -15.27 + 9 5.50 0.00 0.00 | 2.50 0.83 10.11 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.83 -14.44 + 10 5.50 0.00 0.00 | 2.50 0.83 11.37 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.83 -13.61 + 11 5.50 0.00 0.00 | 2.50 0.83 12.64 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.83 -12.78 + 12 5.50 0.00 0.00 | 2.50 0.83 13.90 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.83 -11.95 + 13 5.50 0.00 0.00 | 2.50 0.83 15.17 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.83 -11.13 + 14 5.50 0.00 0.00 | 2.50 0.82 16.43 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.82 -10.30 + 15 5.50 0.00 0.00 | 2.50 0.82 17.69 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.82 -9.48 + 16 5.50 0.00 0.00 | 2.50 0.82 18.94 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.82 -8.66 + 17 5.50 0.00 0.00 | 2.50 0.82 20.20 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.82 -7.85 + 18 5.50 0.00 0.00 | 2.50 0.81 21.44 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.81 -7.03 + 19 5.50 0.00 0.00 | 2.50 0.81 22.69 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.81 -6.23 + 20 5.50 0.00 0.00 | 2.50 0.80 23.93 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.80 -5.43 + 21 5.50 0.00 0.00 | 2.50 0.80 25.16 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.80 -4.63 + 22 5.50 0.00 0.00 | 2.50 0.79 26.39 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.79 -3.84 + 23 5.50 0.00 0.00 | 2.50 0.79 27.61 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.79 -3.05 + 24 5.50 0.00 0.00 | 2.50 0.78 28.83 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.78 -2.27 + 25 5.50 0.00 0.00 | 2.50 0.78 30.04 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.78 -1.49 + 26 5.50 0.00 0.00 | 2.50 0.77 31.25 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.77 -0.72 + 27 5.50 0.00 0.00 | 2.50 0.76 32.45 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.76 0.04 + 28 5.50 0.00 0.00 | 2.50 0.76 33.64 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.76 0.80 + 29 5.50 0.00 0.00 | 2.50 0.75 34.83 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.75 1.55 + 30 5.50 0.00 0.00 | 2.50 0.74 36.01 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.44 0.74 2.29 diff --git a/tests/examples/example9.out b/tests/examples/example9.out index c36960aa..85074888 100644 --- a/tests/examples/example9.out +++ b/tests/examples/example9.out @@ -4,226 +4,241 @@ Simulation Metadata ---------------------- -GEOPHIRES Version: 3.4.22 -GEOPHIRES Build Date: 2024-03-05 -Simulation Date: 2024-03-20 -Simulation Time: 17:38 -Calculation Time: 1.653 sec + GEOPHIRES Version: 3.4.15 + GEOPHIRES Build Date: 2024-03-05 + Simulation Date: 2024-03-05 + Simulation Time: 09:59 + Calculation Time: 0.618 sec ***SUMMARY OF RESULTS*** - End-Use Option : Electricity - Average Net Electricity Production : 0.47 MW - Electricity breakeven price : 50.18 cents/kWh - Number of production wells : 1 - Number of injection wells : 1 - Flowrate per production well : 40.0 kg/sec - Well depth (or total length, if not vertical): 3.8 kilometer - Geothermal gradient : 0.0280 °C/m + End-Use Option: Electricity + Average Net Electricity Production: 0.47 MW + Electricity breakeven price: 50.18 cents/kWh + Number of production wells: 1 + Number of injection wells: 1 + Flowrate per production well: 40.0 kg/sec + Well depth (or total length, if not vertical): 3.8 kilometer + Geothermal gradient: 0.0280 degC/m + ***ECONOMIC PARAMETERS*** - Economic Model : Fixed Charge Rate (FCR) - Fixed Charge Rate (FCR) : 5.00 - Accrued financing during construction : 0.00 - Project lifetime : 30 yr - Capacity factor : 90.0 % - Project NPV : -31.10 MUSD - Project IRR : 0.00 % - Project VIR=PI=PIR : -0.13 - Project MOIC : -0.85 - Project Payback Period : N/A - - ***ENGINEERING PARAMETERS*** - - Number of Production Wells : 1 - Number of Injection Wells : 1 - Well depth (or total length, if not vertical): 3.8 kilometer - Water loss rate : 2.0 - Pump efficiency : 80.0 - Injection temperature : 60.0 °C - Production Wellbore heat transmission calculated with Rameys model: - Average production well temperature drop : 3.7 °C - Flowrate per production well : 40.0 kg/sec - Injection well casing ID : 7.000 in - Production well casing ID : 7.000 in - Number of times redrilling : 0 - Power plant type : Subcritical ORC - - ***RESOURCE CHARACTERISTICS*** - - Maximum reservoir temperature : 400.0 °C - Number of segments : 1 - Geothermal gradient : 0.0280 °C/m + Economic Model = Fixed Charge Rate (FCR) + Fixed Charge Rate (FCR): 5.00 + Accrued financing during construction: 0.00 + Project lifetime: 30 yr + Capacity factor: 90.0 % + Project NPV: -31.10 MUSD + Project IRR: 0.00 % + Project VIR=PI=PIR: -0.13 + Project MOIC: -0.85 + Project Payback Period: N/A + + ***ENGINEERING PARAMETERS*** + + Number of Production Wells: 1 + Number of Injection Wells: 1 + Well depth (or total length, if not vertical): 3.8 kilometer + Water loss rate: 2.0 + Pump efficiency: 80.0 + Injection temperature: 60.0 degC + Production Wellbore heat transmission calculated with Ramey's model + Average production well temperature drop: 3.7 degC + Flowrate per production well: 40.0 kg/sec + Injection well casing ID: 7.000 in + Production well casing ID: 7.000 in + Number of times redrilling: 0 + Power plant type: Subcritical ORC + + + ***RESOURCE CHARACTERISTICS*** + + Maximum reservoir temperature: 400.0 degC + Number of segments: 1 + Geothermal gradient: 0.0280 degC/m + ***RESERVOIR PARAMETERS*** - Reservoir Model : Multiple Parallel Fractures Model - Bottom-hole temperature : 126.40 °C - Fracture model : Square - Well separation: fracture height : 700.00 meter - Fracture area : 490000.00 m² - Reservoir volume calculated with fracture separation and number of fractures as input: - Number of fractures : 5.00 - Fracture separation : 100.00 meter - Reservoir volume : 196000000 m³ - Reservoir impedance : 0.05 GPa.s/m³ - Reservoir density : 2730.00 kg/m³ - Reservoir thermal conductivity : 2.83 W/m/K - Reservoir heat capacity : 825.00 J/kg/K - - ***RESERVOIR STIMULATION RESULTS*** - - Maximum Production Temperature : 122.4 °C - Average Production Temperature : 121.1 °C - Minimum Production Temperature : 117.9 °C - Initial Production Temperature : 120.5 °C - Average Reservoir Heat Extraction : 9.86 MW - Production Wellbore Heat Transmission Model : Ramey Model - Average Production Well Temperature Drop : 3.7 °C - Total Average Pressure Drop : 1545.7 kPa - Average Injection Well Pressure Drop : 505.1 kPa - Average Reservoir Pressure Drop : 1986.8 kPa - Average Production Well Pressure Drop : 494.6 kPa - Average Buoyancy Pressure Drop : -1440.9 kPa - - ***CAPITAL COSTS*** - - Drilling and completion costs : 15.41 MUSD - Drilling and completion costs per well : 7.70 MUSD - Stimulation costs : 1.51 MUSD - Surface power plant costs : 2.42 MUSD - Field gathering system costs : 1.13 MUSD - Total surface equipment costs : 3.55 MUSD - Exploration costs : 6.96 MUSD - Total capital costs : 27.42 MUSD - Annualized capital costs : 1.37 MUSD - - ***OPERATING AND MAINTENANCE COSTS*** - - Wellfield maintenance costs : 0.23 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 + Reservoir Model = Multiple Parallel Fractures Model + Bottom-hole temperature: 126.40 degC + Fracture model = Square + Well separation: fracture height: 700.00 meter + Fracture area: 490000.00 m**2 + Reservoir volume calculated with fracture separation and number of fractures as input + Number of fractures: 5.00 + Fracture separation: 100.00 meter + Reservoir volume: 196000000 m**3 + Reservoir impedance: 0.05 GPa.s/m**3 + Reservoir density: 2730.00 kg/m**3 + Reservoir thermal conductivity: 2.83 W/m/K + Reservoir heat capacity: 825.00 J/kg/K + + + ***RESERVOIR SIMULATION RESULTS*** + + Maximum Production Temperature: 122.4 degC + Average Production Temperature: 121.1 degC + Minimum Production Temperature: 117.9 degC + Initial Production Temperature: 120.5 degC + Average Reservoir Heat Extraction: 9.86 MW + Production Wellbore Heat Transmission Model = Ramey Model + Average Production Well Temperature Drop: 3.7 degC + Total Average Pressure Drop: 1545.7 kPa + Average Injection Well Pressure Drop: 505.1 kPa + Average Reservoir Pressure Drop: 1986.8 kPa + Average Production Well Pressure Drop: 494.6 kPa + Average Buoyancy Pressure Drop: -1440.9 kPa + + + ***CAPITAL COSTS (M$)*** + + Drilling and completion costs: 15.41 MUSD + Drilling and completion costs per well: 7.70 MUSD + Stimulation costs: 1.51 MUSD + Surface power plant costs: 2.42 MUSD + Field gathering system costs: 1.13 MUSD + Total surface equipment costs: 3.55 MUSD + Exploration costs: 6.96 MUSD + Total capital costs: 27.42 MUSD + Annualized capital costs: 1.37 MUSD + + + ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** + + Wellfield maintenance costs: 0.23 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 + ***SURFACE EQUIPMENT SIMULATION RESULTS*** - Initial geofluid availability : 0.06 MW/(kg/s) - Maximum Total Electricity Generation : 0.57 MW - Average Total Electricity Generation : 0.55 MW - Minimum Total Electricity Generation : 0.50 MW - Initial Total Electricity Generation : 0.54 MW - Maximum Net Electricity Generation : 0.49 MW - Average Net Electricity Generation : 0.47 MW - Minimum Net Electricity Generation : 0.42 MW - Initial Net Electricity Generation : 0.46 MW - Average Annual Total Electricity Generation : 0.00 GWh - Average Annual Net Electricity Generation : 0.00 GWh - Initial pumping power/net installed power : 16.43 % - Average Pumping Power : 0.08 MW - - *************************************************************** + Initial geofluid availability: 0.06 MW/(kg/s) + Maximum Total Electricity Generation: 0.57 MW + Average Total Electricity Generation: 0.55 MW + Minimum Total Electricity Generation: 0.50 MW + Initial Total Electricity Generation: 0.54 MW + Maximum Net Electricity Generation: 0.49 MW + Average Net Electricity Generation: 0.47 MW + Minimum Net Electricity Generation: 0.42 MW + Initial Net Electricity Generation: 0.46 MW + Average Annual Total Electricity Generation: 4.30 GWh + Average Annual Net Electricity Generation: 3.69 GWh + Initial pumping power/net installed power: 16.43 % + Average Pumping Power: 0.08 MW + + ************************************************************ * HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * - *************************************************************** - Year Thermal Drawdown (%) Geofluid Temperature (°C) Pump Power (MW) Net Power (MW) First Law Efficiency (%) - 1 1.0000 120.47 0.0758 0.4613 4.7312 - 2 1.0095 121.61 0.0754 0.4801 4.8333 - 3 1.0122 121.95 0.0753 0.4856 4.8630 - 4 1.0136 122.12 0.0753 0.4886 4.8786 - 5 1.0146 122.23 0.0752 0.4905 4.8889 - 6 1.0153 122.32 0.0752 0.4919 4.8965 - 7 1.0158 122.38 0.0752 0.4930 4.9021 - 8 1.0162 122.42 0.0752 0.4937 4.9059 - 9 1.0164 122.45 0.0752 0.4941 4.9077 - 10 1.0164 122.45 0.0752 0.4940 4.9072 - 11 1.0161 122.42 0.0753 0.4935 4.9042 - 12 1.0157 122.37 0.0754 0.4925 4.8986 - 13 1.0150 122.29 0.0756 0.4911 4.8903 - 14 1.0142 122.18 0.0757 0.4891 4.8795 - 15 1.0131 122.05 0.0759 0.4868 4.8661 - 16 1.0118 121.90 0.0762 0.4840 4.8505 - 17 1.0103 121.72 0.0764 0.4809 4.8327 - 18 1.0087 121.53 0.0767 0.4774 4.8129 - 19 1.0070 121.31 0.0770 0.4736 4.7914 - 20 1.0051 121.08 0.0773 0.4696 4.7683 - 21 1.0030 120.84 0.0777 0.4653 4.7438 - 22 1.0009 120.59 0.0780 0.4608 4.7180 - 23 0.9987 120.32 0.0784 0.4562 4.6911 - 24 0.9964 120.04 0.0788 0.4514 4.6632 - 25 0.9940 119.76 0.0792 0.4465 4.6343 - 26 0.9916 119.46 0.0796 0.4414 4.6046 - 27 0.9891 119.16 0.0800 0.4363 4.5742 - 28 0.9865 118.85 0.0804 0.4310 4.5431 - 29 0.9839 118.54 0.0808 0.4257 4.5113 - 30 0.9813 118.22 0.0813 0.4204 4.4788 - - *************************************************************** - *ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE* - *************************************************************** - Year Electricity Provided (kWh) Heat Extracted(GW/yr) Reservoir Heat Content (MW) Percentage of Total Heat Mined (%) - 1 3.7 77.67 29.03 0.95 - 2 3.8 78.55 28.75 1.92 - 3 3.8 78.85 28.47 2.89 - 4 3.9 79.03 28.18 3.86 - 5 3.9 79.16 27.90 4.83 - 6 3.9 79.25 27.61 5.80 - 7 3.9 79.32 27.33 6.78 - 8 3.9 79.36 27.04 7.75 - 9 3.9 79.37 26.75 8.73 - 10 3.9 79.36 26.47 9.70 - 11 3.9 79.31 26.18 10.68 - 12 3.9 79.22 25.90 11.65 - 13 3.9 79.10 25.61 12.62 - 14 3.8 78.95 25.33 13.59 - 15 3.8 78.77 25.04 14.56 - 16 3.8 78.56 24.76 15.52 - 17 3.8 78.33 24.48 16.48 - 18 3.7 78.07 24.20 17.44 - 19 3.7 77.79 23.92 18.40 - 20 3.7 77.49 23.64 19.35 - 21 3.7 77.17 23.36 20.30 - 22 3.6 76.84 23.09 21.24 - 23 3.6 76.49 22.81 22.18 - 24 3.5 76.13 22.54 23.12 - 25 3.5 75.77 22.26 24.05 - 26 3.5 75.39 21.99 24.97 - 27 3.4 75.00 21.72 25.89 - 28 3.4 74.60 21.45 26.81 - 29 3.3 74.20 21.19 27.72 - 30 2.7 61.52 20.96 28.48 - - *************************************************************** - * REVENUE & CASHFLOW PROFILE * - *************************************************************** - Year Electricity:Price (USD/kWh) Electricity:Ann. Rev. (MUSD/yr) Electricity:Cumm. Rev. (MUSD) Heat:Price (USD/kWh) Heat:Ann. Rev. (MUSD/yr) Heat:Cumm. Rev. (MUSD) Cooling:Price (USD/kWh) Cooling:Ann. Rev. (MUSD/yr) Cooling:Cumm. Rev. (MUSD) Carbon:Price (USD/tonne) Carbon:Ann. Rev. (MUSD/yr) Carbon:Cumm. Rev. (MUSD) Project:OPEX (MUSD/yr) Project:Net Rev. (MUSD/yr) Project:Net Cashflow (MUSD) - 1 0.0000 -27.42 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.00 -27.42 -27.42 - 2 0.0550 -0.28 0.20 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.28 -27.70 - 3 0.0550 -0.27 0.41 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.27 -27.97 - 4 0.0550 -0.27 0.63 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.27 -28.24 - 5 0.0550 -0.27 0.84 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.27 -28.51 - 6 0.0550 -0.27 1.05 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.27 -28.78 - 7 0.0550 -0.27 1.26 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.27 -29.05 - 8 0.0550 -0.27 1.48 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.27 -29.32 - 9 0.0550 -0.27 1.69 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.27 -29.59 - 10 0.0550 -0.27 1.91 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.27 -29.86 - 11 0.0550 -0.27 2.12 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.27 -30.12 - 12 0.0550 -0.27 2.33 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.27 -30.39 - 13 0.0550 -0.27 2.55 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.27 -30.66 - 14 0.0550 -0.27 2.76 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.27 -30.93 - 15 0.0550 -0.27 2.97 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.27 -31.20 - 16 0.0550 -0.27 3.18 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.27 -31.47 - 17 0.0550 -0.27 3.39 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.27 -31.75 - 18 0.0550 -0.27 3.60 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.27 -32.02 - 19 0.0550 -0.28 3.81 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.28 -32.30 - 20 0.0550 -0.28 4.01 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.28 -32.58 - 21 0.0550 -0.28 4.21 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.28 -32.86 - 22 0.0550 -0.28 4.41 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.28 -33.14 - 23 0.0550 -0.28 4.61 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.28 -33.42 - 24 0.0550 -0.29 4.81 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.29 -33.71 - 25 0.0550 -0.29 5.00 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.29 -33.99 - 26 0.0550 -0.29 5.20 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.29 -34.28 - 27 0.0550 -0.29 5.39 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.29 -34.58 - 28 0.0550 -0.29 5.57 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.29 -34.87 - 29 0.0550 -0.30 5.76 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.30 -35.17 - 30 0.0550 -0.30 5.94 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.30 -35.46 - 31 0.0550 -0.33 6.09 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 0.48 -0.33 -35.80 + ************************************************************ + YEAR THERMAL GEOFLUID PUMP NET FIRST LAW + DRAWDOWN TEMPERATURE POWER POWER EFFICIENCY + (degC) (MW) (MW) (%) + 1 1.0000 120.47 0.0758 0.4613 4.7312 + 2 1.0095 121.61 0.0754 0.4801 4.8333 + 3 1.0122 121.95 0.0753 0.4856 4.8630 + 4 1.0136 122.12 0.0753 0.4886 4.8786 + 5 1.0146 122.23 0.0752 0.4905 4.8889 + 6 1.0153 122.32 0.0752 0.4919 4.8965 + 7 1.0158 122.38 0.0752 0.4930 4.9021 + 8 1.0162 122.42 0.0752 0.4937 4.9059 + 9 1.0164 122.45 0.0752 0.4941 4.9077 + 10 1.0164 122.45 0.0752 0.4940 4.9072 + 11 1.0161 122.42 0.0753 0.4935 4.9042 + 12 1.0157 122.37 0.0754 0.4925 4.8986 + 13 1.0150 122.29 0.0756 0.4911 4.8903 + 14 1.0142 122.18 0.0757 0.4891 4.8795 + 15 1.0131 122.05 0.0759 0.4868 4.8661 + 16 1.0118 121.90 0.0762 0.4840 4.8505 + 17 1.0103 121.72 0.0764 0.4809 4.8327 + 18 1.0087 121.53 0.0767 0.4774 4.8129 + 19 1.0070 121.31 0.0770 0.4736 4.7914 + 20 1.0051 121.08 0.0773 0.4696 4.7683 + 21 1.0030 120.84 0.0777 0.4653 4.7438 + 22 1.0009 120.59 0.0780 0.4608 4.7180 + 23 0.9987 120.32 0.0784 0.4562 4.6911 + 24 0.9964 120.04 0.0788 0.4514 4.6632 + 25 0.9940 119.76 0.0792 0.4465 4.6343 + 26 0.9916 119.46 0.0796 0.4414 4.6046 + 27 0.9891 119.16 0.0800 0.4363 4.5742 + 28 0.9865 118.85 0.0804 0.4310 4.5431 + 29 0.9839 118.54 0.0808 0.4257 4.5113 + 30 0.9813 118.22 0.0813 0.4204 4.4788 + + + ******************************************************************* + * ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * + ******************************************************************* + YEAR ELECTRICITY HEAT RESERVOIR PERCENTAGE OF + PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED + (GWh/year) (GWh/year) (10^15 J) (%) + 1 3.7 77.7 29.03 0.95 + 2 3.8 78.6 28.75 1.92 + 3 3.8 78.9 28.47 2.89 + 4 3.9 79.0 28.18 3.86 + 5 3.9 79.2 27.90 4.83 + 6 3.9 79.2 27.61 5.80 + 7 3.9 79.3 27.33 6.78 + 8 3.9 79.4 27.04 7.75 + 9 3.9 79.4 26.75 8.73 + 10 3.9 79.4 26.47 9.70 + 11 3.9 79.3 26.18 10.68 + 12 3.9 79.2 25.90 11.65 + 13 3.9 79.1 25.61 12.62 + 14 3.8 79.0 25.33 13.59 + 15 3.8 78.8 25.04 14.56 + 16 3.8 78.6 24.76 15.52 + 17 3.8 78.3 24.48 16.48 + 18 3.7 78.1 24.20 17.44 + 19 3.7 77.8 23.92 18.40 + 20 3.7 77.5 23.64 19.35 + 21 3.7 77.2 23.36 20.30 + 22 3.6 76.8 23.09 21.24 + 23 3.6 76.5 22.81 22.18 + 24 3.5 76.1 22.54 23.12 + 25 3.5 75.8 22.26 24.05 + 26 3.5 75.4 21.99 24.97 + 27 3.4 75.0 21.72 25.89 + 28 3.4 74.6 21.45 26.81 + 29 3.3 74.2 21.19 27.72 + 30 2.7 61.5 20.96 28.48 + + + ******************************** + * REVENUE & CASHFLOW PROFILE * + ******************************** +Year Electricity | Heat | Cooling | Carbon | Project +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/tonne) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD) +________________________________________________________________________________________________________________________________________________________________________________________ + 1 0.00 -27.42 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -27.42 -27.42 + 2 5.50 -0.28 0.20 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.28 -27.70 + 3 5.50 -0.27 0.41 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -27.97 + 4 5.50 -0.27 0.63 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -28.24 + 5 5.50 -0.27 0.84 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -28.51 + 6 5.50 -0.27 1.05 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -28.78 + 7 5.50 -0.27 1.26 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -29.05 + 8 5.50 -0.27 1.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -29.32 + 9 5.50 -0.27 1.69 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -29.59 + 10 5.50 -0.27 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 + 11 5.50 -0.27 2.12 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -30.12 + 12 5.50 -0.27 2.33 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -30.39 + 13 5.50 -0.27 2.55 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -30.66 + 14 5.50 -0.27 2.76 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -30.93 + 15 5.50 -0.27 2.97 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -31.20 + 16 5.50 -0.27 3.18 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -31.47 + 17 5.50 -0.27 3.39 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -31.75 + 18 5.50 -0.27 3.60 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.27 -32.02 + 19 5.50 -0.28 3.81 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.28 -32.30 + 20 5.50 -0.28 4.01 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.28 -32.58 + 21 5.50 -0.28 4.21 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.28 -32.86 + 22 5.50 -0.28 4.41 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.28 -33.14 + 23 5.50 -0.28 4.61 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.28 -33.42 + 24 5.50 -0.29 4.81 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.29 -33.71 + 25 5.50 -0.29 5.00 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.29 -33.99 + 26 5.50 -0.29 5.20 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.29 -34.28 + 27 5.50 -0.29 5.39 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.29 -34.58 + 28 5.50 -0.29 5.57 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.29 -34.87 + 29 5.50 -0.30 5.76 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.30 -35.17 + 30 5.50 -0.30 5.94 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.48 -0.30 -35.46 diff --git a/tests/examples/example_ITC.out b/tests/examples/example_ITC.out new file mode 100644 index 00000000..cf6ea153 --- /dev/null +++ b/tests/examples/example_ITC.out @@ -0,0 +1,241 @@ + ***************** + ***CASE REPORT*** + ***************** + +Simulation Metadata +---------------------- + GEOPHIRES Version: 3.4.22 + GEOPHIRES Build Date: 2024-03-05 + Simulation Date: 2024-04-10 + Simulation Time: 14:44 + Calculation Time: 1.460 sec + + ***SUMMARY OF RESULTS*** + + End-Use Option: Electricity + Average Net Electricity Production: 5.37 MW + Electricity breakeven price: 5.31 cents/kWh + Number of production wells: 2 + Number of injection wells: 2 + Flowrate per production well: 55.0 kg/sec + Well depth (or total length, if not vertical): 3.0 kilometer + Geothermal gradient: 0.0500 degC/m + + + ***ECONOMIC PARAMETERS*** + + Economic Model = BICYCLE + Accrued financing during construction: 0.00 + Project lifetime: 30 yr + Capacity factor: 90.0 % + Project NPV: -12.81 MUSD + Project IRR: 0.61 % + Project VIR=PI=PIR: 0.49 + Project MOIC: 0.04 + Project Payback Period: 28.00 yr + + ***ENGINEERING PARAMETERS*** + + Number of Production Wells: 2 + Number of Injection Wells: 2 + Well depth (or total length, if not vertical): 3.0 kilometer + Water loss rate: 2.0 + Pump efficiency: 80.0 + Injection temperature: 50.0 degC + Production Wellbore heat transmission calculated with Ramey's model + Average production well temperature drop: 3.0 degC + Flowrate per production well: 55.0 kg/sec + Injection well casing ID: 7.000 in + Production well casing ID: 7.000 in + Number of times redrilling: 0 + Power plant type: Supercritical ORC + + + ***RESOURCE CHARACTERISTICS*** + + Maximum reservoir temperature: 400.0 degC + Number of segments: 1 + Geothermal gradient: 0.0500 degC/m + + + ***RESERVOIR PARAMETERS*** + + Reservoir Model = Multiple Parallel Fractures Model + Bottom-hole temperature: 170.00 degC + Fracture model = Square + Well separation: fracture height: 900.00 meter + Fracture area: 810000.00 m**2 + Reservoir volume: 1000000000 m**3 + Reservoir hydrostatic pressure: 29430.21 kPa + Plant outlet pressure: 1067.94 kPa + Production wellhead pressure: 1136.89 kPa + Productivity Index: 5.00 kg/sec/bar + Injectivity Index: 5.00 kg/sec/bar + Reservoir density: 2700.00 kg/m**3 + Reservoir thermal conductivity: 2.70 W/m/K + Reservoir heat capacity: 1000.00 J/kg/K + + + ***RESERVOIR SIMULATION RESULTS*** + + Maximum Production Temperature: 167.2 degC + Average Production Temperature: 167.0 degC + Minimum Production Temperature: 165.2 degC + Initial Production Temperature: 165.2 degC + Average Reservoir Heat Extraction: 52.38 MW + Production Wellbore Heat Transmission Model = Ramey Model + Average Production Well Temperature Drop: 3.0 degC + Average Injection Well Pump Pressure Drop: 219.1 kPa + Average Production Well Pump Pressure Drop: 1248.2 kPa + + + ***CAPITAL COSTS (M$)*** + + Drilling and completion costs: 21.95 MUSD + Drilling and completion costs per well: 5.49 MUSD + Stimulation costs: 0.00 MUSD + Surface power plant costs: 20.78 MUSD + Field gathering system costs: 2.32 MUSD + Total surface equipment costs: 23.10 MUSD + Exploration costs: 5.33 MUSD + Investment Tax Credit: -25.18 MUSD + Total capital costs: 25.18 MUSD + + + ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** + + Wellfield maintenance costs: 0.44 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 + + + ***SURFACE EQUIPMENT SIMULATION RESULTS*** + + Initial geofluid availability: 0.11 MW/(kg/s) + Maximum Total Electricity Generation: 5.61 MW + Average Total Electricity Generation: 5.58 MW + Minimum Total Electricity Generation: 5.41 MW + Initial Total Electricity Generation: 5.41 MW + Maximum Net Electricity Generation: 5.40 MW + Average Net Electricity Generation: 5.37 MW + Minimum Net Electricity Generation: 5.20 MW + Initial Net Electricity Generation: 5.20 MW + Average Annual Total Electricity Generation: 43.78 GWh + Average Annual Net Electricity Generation: 42.11 GWh + Initial pumping power/net installed power: 4.12 % + Average Pumping Power: 0.21 MW + + ************************************************************ + * HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * + ************************************************************ + YEAR THERMAL GEOFLUID PUMP NET FIRST LAW + DRAWDOWN TEMPERATURE POWER POWER EFFICIENCY + (degC) (MW) (MW) (%) + 1 1.0000 165.24 0.2141 5.1987 10.0742 + 2 1.0058 166.19 0.2133 5.2932 10.1734 + 3 1.0074 166.47 0.2130 5.3205 10.2019 + 4 1.0083 166.61 0.2129 5.3347 10.2167 + 5 1.0088 166.70 0.2128 5.3441 10.2265 + 6 1.0093 166.77 0.2128 5.3511 10.2337 + 7 1.0096 166.83 0.2127 5.3566 10.2394 + 8 1.0099 166.87 0.2127 5.3611 10.2441 + 9 1.0101 166.91 0.2127 5.3649 10.2480 + 10 1.0103 166.94 0.2126 5.3682 10.2514 + 11 1.0105 166.97 0.2126 5.3710 10.2543 + 12 1.0106 167.00 0.2126 5.3736 10.2570 + 13 1.0108 167.02 0.2126 5.3759 10.2594 + 14 1.0109 167.04 0.2126 5.3779 10.2615 + 15 1.0110 167.06 0.2125 5.3798 10.2635 + 16 1.0111 167.08 0.2125 5.3816 10.2653 + 17 1.0112 167.09 0.2125 5.3832 10.2669 + 18 1.0113 167.11 0.2125 5.3847 10.2685 + 19 1.0114 167.12 0.2125 5.3861 10.2699 + 20 1.0115 167.14 0.2125 5.3874 10.2713 + 21 1.0115 167.15 0.2125 5.3886 10.2726 + 22 1.0116 167.16 0.2125 5.3898 10.2738 + 23 1.0117 167.17 0.2125 5.3909 10.2749 + 24 1.0117 167.18 0.2124 5.3920 10.2760 + 25 1.0118 167.19 0.2124 5.3929 10.2770 + 26 1.0118 167.20 0.2124 5.3939 10.2780 + 27 1.0119 167.21 0.2124 5.3948 10.2789 + 28 1.0119 167.22 0.2124 5.3956 10.2798 + 29 1.0120 167.23 0.2124 5.3965 10.2806 + 30 1.0120 167.23 0.2124 5.3972 10.2814 + + + ******************************************************************* + * ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * + ******************************************************************* + YEAR ELECTRICITY HEAT RESERVOIR PERCENTAGE OF + PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED + (GWh/year) (GWh/year) (10^15 J) (%) + 1 41.4 408.7 322.53 0.45 + 2 41.9 410.7 321.05 0.91 + 3 42.0 411.4 319.57 1.37 + 4 42.1 411.8 318.09 1.83 + 5 42.2 412.1 316.60 2.28 + 6 42.2 412.3 315.12 2.74 + 7 42.2 412.5 313.63 3.20 + 8 42.3 412.7 312.15 3.66 + 9 42.3 412.8 310.66 4.12 + 10 42.3 412.9 309.17 4.58 + 11 42.4 413.0 307.69 5.03 + 12 42.4 413.1 306.20 5.49 + 13 42.4 413.2 304.71 5.95 + 14 42.4 413.2 303.23 6.41 + 15 42.4 413.3 301.74 6.87 + 16 42.4 413.3 300.25 7.33 + 17 42.4 413.4 298.76 7.79 + 18 42.5 413.5 297.27 8.25 + 19 42.5 413.5 295.78 8.71 + 20 42.5 413.5 294.30 9.17 + 21 42.5 413.6 292.81 9.63 + 22 42.5 413.6 291.32 10.09 + 23 42.5 413.7 289.83 10.55 + 24 42.5 413.7 288.34 11.01 + 25 42.5 413.7 286.85 11.47 + 26 42.5 413.8 285.36 11.93 + 27 42.5 413.8 283.87 12.39 + 28 42.5 413.8 282.38 12.85 + 29 42.5 413.9 280.89 13.31 + 30 35.5 344.9 279.65 13.69 + + + ******************************** + * REVENUE & CASHFLOW PROFILE * + ******************************** +Year Electricity | Heat | Cooling | Carbon | Project +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/tonne) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD) +________________________________________________________________________________________________________________________________________________________________________________________ + 1 0.00 -25.18 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -25.18 -25.18 + 2 5.50 0.88 2.28 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.88 -24.30 + 3 5.50 0.91 4.58 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.91 -23.39 + 4 5.50 0.92 6.89 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.92 -22.48 + 5 5.50 0.92 9.20 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.92 -21.56 + 6 5.50 0.92 11.52 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.92 -20.63 + 7 5.50 0.93 13.85 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.93 -19.71 + 8 5.50 0.93 16.17 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.93 -18.78 + 9 5.50 0.93 18.49 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.93 -17.85 + 10 5.50 0.93 20.82 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.93 -16.92 + 11 5.50 0.93 23.15 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.93 -15.98 + 12 5.50 0.93 25.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.93 -15.05 + 13 5.50 0.94 27.81 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -14.11 + 14 5.50 0.94 30.14 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -13.18 + 15 5.50 0.94 32.47 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -12.24 + 16 5.50 0.94 34.81 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -11.30 + 17 5.50 0.94 37.14 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -10.36 + 18 5.50 0.94 39.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -9.42 + 19 5.50 0.94 41.81 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -8.48 + 20 5.50 0.94 44.15 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -7.54 + 21 5.50 0.94 46.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -6.60 + 22 5.50 0.94 48.82 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -5.66 + 23 5.50 0.94 51.16 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -4.72 + 24 5.50 0.94 53.50 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -3.77 + 25 5.50 0.94 55.83 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -2.83 + 26 5.50 0.94 58.17 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -1.89 + 27 5.50 0.94 60.51 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -0.94 + 28 5.50 0.94 62.85 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 0.00 + 29 5.50 0.94 65.19 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 0.95 + 30 5.50 0.95 67.53 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.95 1.89 diff --git a/tests/examples/example_ITC.txt b/tests/examples/example_ITC.txt new file mode 100644 index 00000000..27688013 --- /dev/null +++ b/tests/examples/example_ITC.txt @@ -0,0 +1,90 @@ +GEOPHIRES v2.0 Input File +Created on 2018-06-11 +Last modified on 2024-02-28 +Geothermal Electricity Problem using a Multiple Parallel Fractures Model + +Example PTC Description: This problem considers an EGS reservoir at 3km depth. +Ramey's model is applied to simulate production wellbore heat losses. The heat +is used in for electricity application with a reinjection temperature of 50deg.C. + + +***Subsurface technical parameters*** +************************************* +Reservoir Model,1, ---Multiple Fractures reservoir model +Reservoir Depth,3, ---[km] +Number of Segments,1, ---[-] +Gradient 1,50, ---[deg.C/km] +Maximum Temperature,400, ---[deg.C] +Number of Production Wells,2, ---[-] +Number of Injection Wells,2, ---[-] +Production Well Diameter,7, ---[inch] +Injection Well Diameter,7, ---[inch] +Ramey Production Wellbore Model,1, ---0 if disabled 1 if enabled +Production Wellbore Temperature Drop,.5, ---[deg.C] +Injection Wellbore Temperature Gain,0, ---[deg.C] +Production Flow Rate per Well,55, ---[kg/s] +Fracture Shape,3, ---[-] Should be 1 2 3 or 4. See manual for details +Fracture Height,900, ---[m] +Reservoir Volume Option,3, ---[-] Should be 1 2 3 or 4. See manual for details +Number of Fractures,20, ---[-] +Reservoir Volume,1000000000, ---[m^3] +Water Loss Fraction,.02, ---[-] +Productivity Index,5, ---[kg/s/bar] +Injectivity Index,5, ---[kg/s/bar] +Injection Temperature,50, ---[deg.C] +Maximum Drawdown,1, ---[-] no redrilling considered +Reservoir Heat Capacity,1000, ---[J/kg/K] +Reservoir Density,2700, ---[kg/m^3] +Reservoir Thermal Conductivity,2.7, ---[W/m/K] + +***SURFACE TECHNICAL PARAMETERS*** +********************************** +End-Use Option,1, ---[-] Electricity +Power Plant Type,2, ---[-] Supercritical ORC +Circulation Pump Efficiency,.8, ---[-] between .1 and 1 +Utilization Factor,.9, ---[-] between .1 and 1 +Surface Temperature,20, ---[deg.C] +Ambient Temperature,20, ---[deg.C] + +***CAPITAL AND O&M COST PARAMETERS*** +************************************* +Well Drilling and Completion Capital Cost Adjustment Factor,1, ---[-] Use built-in correlations +Well Drilling Cost Correlation,1, ---[-] Use built-in correlations +Reservoir Stimulation Capital Cost Adjustment Factor,1, ---[-] Use built-in correlations +Surface Plant Capital Cost Adjustment Factor,1, ---[-] Use built-in correlations +Field Gathering System Capital Cost Adjustment Factor,1, ---[-] Use built-in correlations +Exploration Capital Cost Adjustment Factor,1, ---[-] Use built-in correlations +Wellfield O&M Cost Adjustment Factor,1, ---[-] Use built-in correlations +Surface Plant O&M Cost Adjustment Factor,1, ---[-] Use built-in correlations +Water Cost Adjustment Factor,1, ---[-] Use built-in correlations + + +*** Economic/Financial Parameters *** +************************************* +Plant Lifetime,30, --- [years] +Economic Model,3, --- Should be 1 (FCR model) 2 (Standard LCOE/LCOH model) or 3 (Bicycle model). +Fraction of Investment in Bonds,0.65, --- [-] Required if Bicycle model is selected. See manual for details. +Inflated Bond Interest Rate,0.07, --- [-] Required if Bicycle model is selected. See manual for details. +Inflated Equity Interest Rate,0.12, --- [-] Required if Bicycle model is selected. See manual for details. +Inflation Rate,0.025, --- [-] Required if Bicycle model is selected. See manual for details. +Combined Income Tax Rate,0.392, --- [-] Required if Bicycle model is selected. See manual for details. +Gross Revenue Tax Rate,0, --- [-] Required if Bicycle model is selected. See manual for details. +Investment Tax Credit Rate,0, --- [-] Required if Bicycle model is selected. See manual for details. +Property Tax Rate,0, --- [-] Required if Bicycle model is selected. See manual for details. +Inflation Rate During Construction,0, --- [-] +Well Drilling and Completion Capital Cost Adjustment Factor,1, --- [-] Use built-in well cost correlation as is +Well Drilling Cost Correlation,1, --- [-] Use built-in well drilling cost correlation #1 +Reservoir Stimulation Capital Cost,0, --- [M$/injection well] Reservoir stimulation capital cost per injection well +Surface Plant Capital Cost Adjustment Factor,1, --- [-] Use built-in surface plant cost correlation as is +Field Gathering System Capital Cost Adjustment Factor,1, --- [-] Use built-in pipeline distribution cost correlation as is +Exploration Capital Cost Adjustment Factor,1, --- [-] Use built-in exploration cost correlation as is +Wellfield O&M Cost Adjustment Factor,1, --- [-] Use built-in wellfield O&M cost correlation as is +Water Cost Adjustment Factor,1, --- [-] Use built-in water cost correlation as is +Surface Plant O&M Cost Adjustment Factor,1, --- [-] Use built-in surface plant O&M cost correlation as is +Investment Tax Credit Rate,0.5, --- [-] Investment tax credit rate + +***Simulation Parameters*** +*************************** + +Print Output to Console,1, ---[-] Should be 0 (don't print results) or 1 (print results) +Time steps per year,6, ---[1/year] diff --git a/tests/examples/example_PTC.out b/tests/examples/example_PTC.out new file mode 100644 index 00000000..c7768471 --- /dev/null +++ b/tests/examples/example_PTC.out @@ -0,0 +1,240 @@ + ***************** + ***CASE REPORT*** + ***************** + +Simulation Metadata +---------------------- + GEOPHIRES Version: 3.4.22 + GEOPHIRES Build Date: 2024-03-05 + Simulation Date: 2024-04-10 + Simulation Time: 14:43 + Calculation Time: 1.452 sec + + ***SUMMARY OF RESULTS*** + + End-Use Option: Electricity + Average Net Electricity Production: 5.37 MW + Electricity breakeven price: 13.24 cents/kWh + Number of production wells: 2 + Number of injection wells: 2 + Flowrate per production well: 55.0 kg/sec + Well depth (or total length, if not vertical): 3.0 kilometer + Geothermal gradient: 0.0500 degC/m + + + ***ECONOMIC PARAMETERS*** + + Economic Model = BICYCLE + Accrued financing during construction: 0.00 + Project lifetime: 30 yr + Capacity factor: 90.0 % + Project NPV: -21.06 MUSD + Project IRR: 0.15 % + Project VIR=PI=PIR: 0.58 + Project MOIC: 0.01 + Project Payback Period: 29.69 yr + + ***ENGINEERING PARAMETERS*** + + Number of Production Wells: 2 + Number of Injection Wells: 2 + Well depth (or total length, if not vertical): 3.0 kilometer + Water loss rate: 2.0 + Pump efficiency: 80.0 + Injection temperature: 50.0 degC + Production Wellbore heat transmission calculated with Ramey's model + Average production well temperature drop: 3.0 degC + Flowrate per production well: 55.0 kg/sec + Injection well casing ID: 7.000 in + Production well casing ID: 7.000 in + Number of times redrilling: 0 + Power plant type: Supercritical ORC + + + ***RESOURCE CHARACTERISTICS*** + + Maximum reservoir temperature: 400.0 degC + Number of segments: 1 + Geothermal gradient: 0.0500 degC/m + + + ***RESERVOIR PARAMETERS*** + + Reservoir Model = Multiple Parallel Fractures Model + Bottom-hole temperature: 170.00 degC + Fracture model = Square + Well separation: fracture height: 900.00 meter + Fracture area: 810000.00 m**2 + Reservoir volume: 1000000000 m**3 + Reservoir hydrostatic pressure: 29430.21 kPa + Plant outlet pressure: 1067.94 kPa + Production wellhead pressure: 1136.89 kPa + Productivity Index: 5.00 kg/sec/bar + Injectivity Index: 5.00 kg/sec/bar + Reservoir density: 2700.00 kg/m**3 + Reservoir thermal conductivity: 2.70 W/m/K + Reservoir heat capacity: 1000.00 J/kg/K + + + ***RESERVOIR SIMULATION RESULTS*** + + Maximum Production Temperature: 167.2 degC + Average Production Temperature: 167.0 degC + Minimum Production Temperature: 165.2 degC + Initial Production Temperature: 165.2 degC + Average Reservoir Heat Extraction: 52.38 MW + Production Wellbore Heat Transmission Model = Ramey Model + Average Production Well Temperature Drop: 3.0 degC + Average Injection Well Pump Pressure Drop: 219.1 kPa + Average Production Well Pump Pressure Drop: 1248.2 kPa + + + ***CAPITAL COSTS (M$)*** + + Drilling and completion costs: 21.95 MUSD + Drilling and completion costs per well: 5.49 MUSD + Stimulation costs: 0.00 MUSD + Surface power plant costs: 20.78 MUSD + Field gathering system costs: 2.32 MUSD + Total surface equipment costs: 23.10 MUSD + Exploration costs: 5.33 MUSD + Total capital costs: 50.37 MUSD + + + ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** + + Wellfield maintenance costs: 0.44 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 + + + ***SURFACE EQUIPMENT SIMULATION RESULTS*** + + Initial geofluid availability: 0.11 MW/(kg/s) + Maximum Total Electricity Generation: 5.61 MW + Average Total Electricity Generation: 5.58 MW + Minimum Total Electricity Generation: 5.41 MW + Initial Total Electricity Generation: 5.41 MW + Maximum Net Electricity Generation: 5.40 MW + Average Net Electricity Generation: 5.37 MW + Minimum Net Electricity Generation: 5.20 MW + Initial Net Electricity Generation: 5.20 MW + Average Annual Total Electricity Generation: 43.78 GWh + Average Annual Net Electricity Generation: 42.11 GWh + Initial pumping power/net installed power: 4.12 % + Average Pumping Power: 0.21 MW + + ************************************************************ + * HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * + ************************************************************ + YEAR THERMAL GEOFLUID PUMP NET FIRST LAW + DRAWDOWN TEMPERATURE POWER POWER EFFICIENCY + (degC) (MW) (MW) (%) + 1 1.0000 165.24 0.2141 5.1987 10.0742 + 2 1.0058 166.19 0.2133 5.2932 10.1734 + 3 1.0074 166.47 0.2130 5.3205 10.2019 + 4 1.0083 166.61 0.2129 5.3347 10.2167 + 5 1.0088 166.70 0.2128 5.3441 10.2265 + 6 1.0093 166.77 0.2128 5.3511 10.2337 + 7 1.0096 166.83 0.2127 5.3566 10.2394 + 8 1.0099 166.87 0.2127 5.3611 10.2441 + 9 1.0101 166.91 0.2127 5.3649 10.2480 + 10 1.0103 166.94 0.2126 5.3682 10.2514 + 11 1.0105 166.97 0.2126 5.3710 10.2543 + 12 1.0106 167.00 0.2126 5.3736 10.2570 + 13 1.0108 167.02 0.2126 5.3759 10.2594 + 14 1.0109 167.04 0.2126 5.3779 10.2615 + 15 1.0110 167.06 0.2125 5.3798 10.2635 + 16 1.0111 167.08 0.2125 5.3816 10.2653 + 17 1.0112 167.09 0.2125 5.3832 10.2669 + 18 1.0113 167.11 0.2125 5.3847 10.2685 + 19 1.0114 167.12 0.2125 5.3861 10.2699 + 20 1.0115 167.14 0.2125 5.3874 10.2713 + 21 1.0115 167.15 0.2125 5.3886 10.2726 + 22 1.0116 167.16 0.2125 5.3898 10.2738 + 23 1.0117 167.17 0.2125 5.3909 10.2749 + 24 1.0117 167.18 0.2124 5.3920 10.2760 + 25 1.0118 167.19 0.2124 5.3929 10.2770 + 26 1.0118 167.20 0.2124 5.3939 10.2780 + 27 1.0119 167.21 0.2124 5.3948 10.2789 + 28 1.0119 167.22 0.2124 5.3956 10.2798 + 29 1.0120 167.23 0.2124 5.3965 10.2806 + 30 1.0120 167.23 0.2124 5.3972 10.2814 + + + ******************************************************************* + * ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * + ******************************************************************* + YEAR ELECTRICITY HEAT RESERVOIR PERCENTAGE OF + PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED + (GWh/year) (GWh/year) (10^15 J) (%) + 1 41.4 408.7 322.53 0.45 + 2 41.9 410.7 321.05 0.91 + 3 42.0 411.4 319.57 1.37 + 4 42.1 411.8 318.09 1.83 + 5 42.2 412.1 316.60 2.28 + 6 42.2 412.3 315.12 2.74 + 7 42.2 412.5 313.63 3.20 + 8 42.3 412.7 312.15 3.66 + 9 42.3 412.8 310.66 4.12 + 10 42.3 412.9 309.17 4.58 + 11 42.4 413.0 307.69 5.03 + 12 42.4 413.1 306.20 5.49 + 13 42.4 413.2 304.71 5.95 + 14 42.4 413.2 303.23 6.41 + 15 42.4 413.3 301.74 6.87 + 16 42.4 413.3 300.25 7.33 + 17 42.4 413.4 298.76 7.79 + 18 42.5 413.5 297.27 8.25 + 19 42.5 413.5 295.78 8.71 + 20 42.5 413.5 294.30 9.17 + 21 42.5 413.6 292.81 9.63 + 22 42.5 413.6 291.32 10.09 + 23 42.5 413.7 289.83 10.55 + 24 42.5 413.7 288.34 11.01 + 25 42.5 413.7 286.85 11.47 + 26 42.5 413.8 285.36 11.93 + 27 42.5 413.8 283.87 12.39 + 28 42.5 413.8 282.38 12.85 + 29 42.5 413.9 280.89 13.31 + 30 35.5 344.9 279.65 13.69 + + + ******************************** + * REVENUE & CASHFLOW PROFILE * + ******************************** +Year Electricity | Heat | Cooling | Carbon | Project +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/tonne) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD) +________________________________________________________________________________________________________________________________________________________________________________________ + 1 0.00 -50.37 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -50.37 -50.37 + 2 10.50 2.95 4.35 | 7.50 0.00 0.00 | 7.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 2.95 -47.41 + 3 10.62 3.05 8.79 | 7.62 0.00 0.00 | 7.62 0.00 0.00 | 0.00 0.00 0.00 | 1.40 3.05 -44.36 + 4 10.75 3.12 13.31 | 7.75 0.00 0.00 | 7.75 0.00 0.00 | 0.00 0.00 0.00 | 1.40 3.12 -41.24 + 5 10.88 3.19 17.89 | 7.88 0.00 0.00 | 7.88 0.00 0.00 | 0.00 0.00 0.00 | 1.40 3.19 -38.05 + 6 11.02 3.25 22.54 | 8.02 0.00 0.00 | 8.02 0.00 0.00 | 0.00 0.00 0.00 | 1.40 3.25 -34.80 + 7 11.16 3.31 27.25 | 8.16 0.00 0.00 | 8.16 0.00 0.00 | 0.00 0.00 0.00 | 1.40 3.31 -31.49 + 8 11.30 3.38 32.02 | 8.30 0.00 0.00 | 8.30 0.00 0.00 | 0.00 0.00 0.00 | 1.40 3.38 -28.11 + 9 11.44 3.44 36.86 | 8.44 0.00 0.00 | 8.44 0.00 0.00 | 0.00 0.00 0.00 | 1.40 3.44 -24.67 + 10 11.59 3.51 41.77 | 8.59 0.00 0.00 | 8.59 0.00 0.00 | 0.00 0.00 0.00 | 1.40 3.51 -21.16 + 11 11.74 3.58 46.74 | 8.74 0.00 0.00 | 8.74 0.00 0.00 | 0.00 0.00 0.00 | 1.40 3.58 -17.58 + 12 5.50 0.93 49.07 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.93 -16.65 + 13 5.50 0.94 51.40 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -15.71 + 14 5.50 0.94 53.73 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -14.77 + 15 5.50 0.94 56.06 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -13.84 + 16 5.50 0.94 58.39 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -12.90 + 17 5.50 0.94 60.73 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -11.96 + 18 5.50 0.94 63.06 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -11.02 + 19 5.50 0.94 65.40 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -10.08 + 20 5.50 0.94 67.73 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -9.14 + 21 5.50 0.94 70.07 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -8.20 + 22 5.50 0.94 72.41 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -7.25 + 23 5.50 0.94 74.74 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -6.31 + 24 5.50 0.94 77.08 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -5.37 + 25 5.50 0.94 79.42 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -4.43 + 26 5.50 0.94 81.76 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -3.48 + 27 5.50 0.94 84.10 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -2.54 + 28 5.50 0.94 86.44 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -1.59 + 29 5.50 0.94 88.78 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.94 -0.65 + 30 5.50 0.95 91.12 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.40 0.95 0.30 diff --git a/tests/examples/example_SHR-1.out b/tests/examples/example_SHR-1.out index a5abf2fe..6218480d 100644 --- a/tests/examples/example_SHR-1.out +++ b/tests/examples/example_SHR-1.out @@ -4,220 +4,235 @@ Simulation Metadata ---------------------- -GEOPHIRES Version: 3.4.22 -GEOPHIRES Build Date: 2024-03-05 -Simulation Date: 2024-03-20 -Simulation Time: 17:49 -Calculation Time: 1.881 sec + GEOPHIRES Version: 3.4.22 + GEOPHIRES Build Date: 2024-03-05 + Simulation Date: 2024-04-10 + Simulation Time: 14:58 + Calculation Time: 1.538 sec ***SUMMARY OF RESULTS*** - End-Use Option : Electricity - Average Net Electricity Production : 30.58 MW - Electricity breakeven price : 5.89 cents/kWh - Number of production wells : 2 - Number of injection wells : 2 - Flowrate per production well : 55.0 kg/sec - Well depth (or total length, if not vertical): 7.5 kilometer - Geothermal gradient : 0.0500 °C/m + End-Use Option: Electricity + Average Net Electricity Production: 30.58 MW + Electricity breakeven price: 5.89 cents/kWh + Number of production wells: 2 + Number of injection wells: 2 + Flowrate per production well: 55.0 kg/sec + Well depth (or total length, if not vertical): 7.5 kilometer + Geothermal gradient: 0.0500 degC/m + ***ECONOMIC PARAMETERS*** - Economic Model : Fixed Charge Rate (FCR) - Fixed Charge Rate (FCR) : 5.00 - Accrued financing during construction : 0.00 - Project lifetime : 30 yr - Capacity factor : 90.0 % - Project NPV : 25.37 MUSD - Project IRR : 7.14 % - Project VIR=PI=PIR : 1.10 - Project MOIC : 1.28 - Project Payback Period : 13.46 yr - - ***ENGINEERING PARAMETERS*** - - Number of Production Wells : 2 - Number of Injection Wells : 2 - Well depth (or total length, if not vertical): 7.5 kilometer - Water loss rate : 2.0 - Pump efficiency : 80.0 - Injection temperature : 50.0 °C - Production Wellbore heat transmission calculated with Rameys model: - Average production well temperature drop : 19.0 °C - Flowrate per production well : 55.0 kg/sec - Injection well casing ID : 7.000 in - Production well casing ID : 7.000 in - Number of times redrilling : 0 - Power plant type : Single-Flash - - ***RESOURCE CHARACTERISTICS*** - - Maximum reservoir temperature : 500.0 °C - Number of segments : 1 - Geothermal gradient : 0.0500 °C/m + Economic Model = Fixed Charge Rate (FCR) + Fixed Charge Rate (FCR): 5.00 + Accrued financing during construction: 0.00 + Project lifetime: 30 yr + Capacity factor: 90.0 % + Project NPV: 25.37 MUSD + Project IRR: 7.14 % + Project VIR=PI=PIR: 1.10 + Project MOIC: 1.28 + Project Payback Period: 13.46 yr + + ***ENGINEERING PARAMETERS*** + + Number of Production Wells: 2 + Number of Injection Wells: 2 + Well depth (or total length, if not vertical): 7.5 kilometer + Water loss rate: 2.0 + Pump efficiency: 80.0 + Injection temperature: 50.0 degC + Production Wellbore heat transmission calculated with Ramey's model + Average production well temperature drop: 19.0 degC + Flowrate per production well: 55.0 kg/sec + Injection well casing ID: 7.000 in + Production well casing ID: 7.000 in + Number of times redrilling: 0 + Power plant type: Single-Flash + + + ***RESOURCE CHARACTERISTICS*** + + Maximum reservoir temperature: 500.0 degC + Number of segments: 1 + Geothermal gradient: 0.0500 degC/m + ***RESERVOIR PARAMETERS*** - Reservoir Model : Multiple Parallel Fractures Model - Bottom-hole temperature : 395.00 °C - Fracture model : Square - Well separation: fracture height : 900.00 meter - Fracture area : 810000.00 m² - Reservoir volume : 1000000000 m³ - Reservoir hydrostatic pressure : 68311.02 kPa - Plant outlet pressure : 100.00 kPa - Injectivity Index : 5.00 kg/sec/bar - Reservoir density : 2700.00 kg/m³ - Reservoir thermal conductivity : 2.70 W/m/K - Reservoir heat capacity : 1000.00 J/kg/K - - ***RESERVOIR STIMULATION RESULTS*** - - Maximum Production Temperature : 377.7 °C - Average Production Temperature : 376.0 °C - Minimum Production Temperature : 365.6 °C - Initial Production Temperature : 365.6 °C - Average Reservoir Heat Extraction : 142.85 MW - Production Wellbore Heat Transmission Model : Ramey Model - Average Production Well Temperature Drop : 19.0 °C - Average Injection Well Pump Pressure Drop : -6843.0 kPa - - ***CAPITAL COSTS*** - - Drilling and completion costs : 160.00 MUSD - Drilling and completion costs per well : 40.00 MUSD - Stimulation costs : 3.02 MUSD - Surface power plant costs : 44.77 MUSD - Field gathering system costs : 1.93 MUSD - Total surface equipment costs : 46.70 MUSD - Exploration costs : 32.20 MUSD - Total capital costs : 241.92 MUSD - Annualized capital costs : 12.10 MUSD - - ***OPERATING AND MAINTENANCE COSTS*** - - Wellfield maintenance costs : 2.09 MUSD/yr - Power plant maintenance costs : 2.09 MUSD/yr - Water costs : 0.06 MUSD/yr - Total operating and maintenance costs : 2.03 MUSD/yr + Reservoir Model = Multiple Parallel Fractures Model + Bottom-hole temperature: 395.00 degC + Fracture model = Square + Well separation: fracture height: 900.00 meter + Fracture area: 810000.00 m**2 + Reservoir volume: 1000000000 m**3 + Reservoir hydrostatic pressure: 68311.02 kPa + Plant outlet pressure: 100.00 kPa + Injectivity Index: 5.00 kg/sec/bar + Reservoir density: 2700.00 kg/m**3 + Reservoir thermal conductivity: 2.70 W/m/K + Reservoir heat capacity: 1000.00 J/kg/K + + + ***RESERVOIR SIMULATION RESULTS*** + + Maximum Production Temperature: 377.7 degC + Average Production Temperature: 376.0 degC + Minimum Production Temperature: 365.6 degC + Initial Production Temperature: 365.6 degC + Average Reservoir Heat Extraction: 142.85 MW + Production Wellbore Heat Transmission Model = Ramey Model + Average Production Well Temperature Drop: 19.0 degC + Average Injection Well Pump Pressure Drop: -6843.0 kPa + + + ***CAPITAL COSTS (M$)*** + + Drilling and completion costs: 160.00 MUSD + Drilling and completion costs per well: 40.00 MUSD + Stimulation costs: 3.02 MUSD + Surface power plant costs: 44.77 MUSD + Field gathering system costs: 1.93 MUSD + Total surface equipment costs: 46.70 MUSD + Exploration costs: 32.20 MUSD + Total capital costs: 241.92 MUSD + Annualized capital costs: 12.10 MUSD + + + ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** + + Wellfield maintenance costs: 2.09 MUSD/yr + Power plant maintenance costs: 2.09 MUSD/yr + Water costs: 0.06 MUSD/yr + Total operating and maintenance costs: 2.03 MUSD/yr + ***SURFACE EQUIPMENT SIMULATION RESULTS*** - Initial geofluid availability : 0.60 MW/(kg/s) - Maximum Total Electricity Generation : 30.94 MW - Average Total Electricity Generation : 30.58 MW - Minimum Total Electricity Generation : 28.35 MW - Initial Total Electricity Generation : 28.35 MW - Maximum Net Electricity Generation : 30.94 MW - Average Net Electricity Generation : 30.58 MW - Minimum Net Electricity Generation : 28.35 MW - Initial Net Electricity Generation : 28.35 MW - Average Annual Total Electricity Generation : 0.00 GWh - Average Annual Net Electricity Generation : 0.00 GWh - Average Pumping Power : 0.00 MW - - *************************************************************** + Initial geofluid availability: 0.60 MW/(kg/s) + Maximum Total Electricity Generation: 30.94 MW + Average Total Electricity Generation: 30.58 MW + Minimum Total Electricity Generation: 28.35 MW + Initial Total Electricity Generation: 28.35 MW + Maximum Net Electricity Generation: 30.94 MW + Average Net Electricity Generation: 30.58 MW + Minimum Net Electricity Generation: 28.35 MW + Initial Net Electricity Generation: 28.35 MW + Average Annual Total Electricity Generation: 239.79 GWh + Average Annual Net Electricity Generation: 239.79 GWh + Average Pumping Power: 0.00 MW + + ************************************************************ * HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * - *************************************************************** - Year Thermal Drawdown (%) Geofluid Temperature (°C) Pump Power (MW) Net Power (MW) First Law Efficiency (%) - 1 1.0000 365.60 0.0000 28.3465 20.5000 - 2 1.0157 371.32 0.0000 29.5550 20.9933 - 3 1.0202 372.98 0.0000 29.9119 21.1377 - 4 1.0226 373.85 0.0000 30.0996 21.2134 - 5 1.0241 374.42 0.0000 30.2245 21.2637 - 6 1.0253 374.85 0.0000 30.3170 21.3009 - 7 1.0262 375.18 0.0000 30.3900 21.3303 - 8 1.0270 375.46 0.0000 30.4499 21.3543 - 9 1.0276 375.69 0.0000 30.5006 21.3747 - 10 1.0281 375.89 0.0000 30.5443 21.3922 - 11 1.0286 376.06 0.0000 30.5827 21.4076 - 12 1.0290 376.22 0.0000 30.6169 21.4213 - 13 1.0294 376.36 0.0000 30.6476 21.4336 - 14 1.0298 376.48 0.0000 30.6755 21.4448 - 15 1.0301 376.60 0.0000 30.7010 21.4550 - 16 1.0304 376.71 0.0000 30.7245 21.4644 - 17 1.0306 376.81 0.0000 30.7462 21.4731 - 18 1.0309 376.90 0.0000 30.7664 21.4812 - 19 1.0311 376.98 0.0000 30.7853 21.4887 - 20 1.0314 377.06 0.0000 30.8029 21.4958 - 21 1.0316 377.14 0.0000 30.8196 21.5024 - 22 1.0318 377.21 0.0000 30.8353 21.5087 - 23 1.0319 377.28 0.0000 30.8502 21.5147 - 24 1.0321 377.34 0.0000 30.8643 21.5203 - 25 1.0323 377.40 0.0000 30.8777 21.5257 - 26 1.0324 377.46 0.0000 30.8904 21.5308 - 27 1.0326 377.51 0.0000 30.9026 21.5356 - 28 1.0327 377.57 0.0000 30.9143 21.5403 - 29 1.0329 377.62 0.0000 30.9254 21.5447 - 30 1.0330 377.67 0.0000 30.9361 21.5490 - - *************************************************************** - *ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE* - *************************************************************** - Year Electricity Provided (kWh) Heat Extracted(GW/yr) Reservoir Heat Content (MW) Percentage of Total Heat Mined (%) - 1 228.8 1101.13 927.54 0.43 - 2 234.6 1113.18 923.53 0.86 - 3 236.6 1117.28 919.51 1.29 - 4 237.8 1119.70 915.48 1.72 - 5 238.7 1121.41 911.44 2.15 - 6 239.3 1122.70 907.40 2.59 - 7 239.8 1123.75 903.35 3.02 - 8 240.3 1124.62 899.30 3.46 - 9 240.6 1125.36 895.25 3.89 - 10 241.0 1126.01 891.20 4.33 - 11 241.3 1126.58 887.14 4.76 - 12 241.5 1127.08 883.08 5.20 - 13 241.7 1127.54 879.03 5.63 - 14 241.9 1127.96 874.96 6.07 - 15 242.1 1128.35 870.90 6.51 - 16 242.3 1128.70 866.84 6.94 - 17 242.5 1129.03 862.77 7.38 - 18 242.6 1129.34 858.71 7.81 - 19 242.8 1129.62 854.64 8.25 - 20 242.9 1129.89 850.57 8.69 - 21 243.0 1130.14 846.51 9.12 - 22 243.2 1130.38 842.44 9.56 - 23 243.3 1130.61 838.37 10.00 - 24 243.4 1130.82 834.30 10.44 - 25 243.5 1131.03 830.22 10.87 - 26 243.6 1131.22 826.15 11.31 - 27 243.7 1131.41 822.08 11.75 - 28 243.8 1131.59 818.00 12.18 - 29 243.9 1131.76 813.93 12.62 - 30 203.3 943.26 810.53 12.99 - - *************************************************************** - * REVENUE & CASHFLOW PROFILE * - *************************************************************** - Year Electricity:Price (USD/kWh) Electricity:Ann. Rev. (MUSD/yr) Electricity:Cumm. Rev. (MUSD) Heat:Price (USD/kWh) Heat:Ann. Rev. (MUSD/yr) Heat:Cumm. Rev. (MUSD) Cooling:Price (USD/kWh) Cooling:Ann. Rev. (MUSD/yr) Cooling:Cumm. Rev. (MUSD) Carbon:Price (USD/tonne) Carbon:Ann. Rev. (MUSD/yr) Carbon:Cumm. Rev. (MUSD) Project:OPEX (MUSD/yr) Project:Net Rev. (MUSD/yr) Project:Net Cashflow (MUSD) - 1 0.0000 -241.92 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.00 -241.92 -241.92 - 2 0.0600 11.70 13.73 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 11.70 -230.22 - 3 0.0600 12.05 27.80 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 12.05 -218.17 - 4 0.0720 15.01 44.84 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 15.01 -203.16 - 5 0.0840 17.95 64.82 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 17.95 -185.21 - 6 0.0960 20.89 87.73 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 20.89 -164.32 - 7 0.1000 21.91 111.66 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 21.91 -142.42 - 8 0.1000 21.96 135.64 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 21.96 -120.46 - 9 0.1000 22.00 159.67 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.00 -98.46 - 10 0.1000 22.04 183.73 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.04 -76.42 - 11 0.1000 22.07 207.83 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.07 -54.35 - 12 0.1000 22.10 231.96 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.10 -32.25 - 13 0.1000 22.12 256.11 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.12 -10.12 - 14 0.1000 22.15 280.28 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.15 12.02 - 15 0.1000 22.17 304.48 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.17 34.19 - 16 0.1000 22.19 328.69 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.19 56.38 - 17 0.1000 22.21 352.92 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.21 78.59 - 18 0.1000 22.22 377.17 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.22 100.81 - 19 0.1000 22.24 401.43 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.24 123.05 - 20 0.1000 22.25 425.71 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.25 145.30 - 21 0.1000 22.27 450.00 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.27 167.56 - 22 0.1000 22.28 474.31 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.28 189.84 - 23 0.1000 22.29 498.62 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.29 212.13 - 24 0.1000 22.30 522.95 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.30 234.44 - 25 0.1000 22.31 547.29 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.31 256.75 - 26 0.1000 22.32 571.64 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.32 279.07 - 27 0.1000 22.33 596.00 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.33 301.40 - 28 0.1000 22.34 620.37 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.34 323.75 - 29 0.1000 22.35 644.74 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.35 346.10 - 30 0.1000 22.36 669.13 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 22.36 368.46 - 31 0.1000 18.30 689.46 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 2.03 18.30 386.76 + ************************************************************ + YEAR THERMAL GEOFLUID PUMP NET FIRST LAW + DRAWDOWN TEMPERATURE POWER POWER EFFICIENCY + (degC) (MW) (MW) (%) + 1 1.0000 365.60 0.0000 28.3465 20.5000 + 2 1.0157 371.32 0.0000 29.5550 20.9933 + 3 1.0202 372.98 0.0000 29.9119 21.1377 + 4 1.0226 373.85 0.0000 30.0996 21.2134 + 5 1.0241 374.42 0.0000 30.2245 21.2637 + 6 1.0253 374.85 0.0000 30.3170 21.3009 + 7 1.0262 375.18 0.0000 30.3900 21.3303 + 8 1.0270 375.46 0.0000 30.4499 21.3543 + 9 1.0276 375.69 0.0000 30.5006 21.3747 + 10 1.0281 375.89 0.0000 30.5443 21.3922 + 11 1.0286 376.06 0.0000 30.5827 21.4076 + 12 1.0290 376.22 0.0000 30.6169 21.4213 + 13 1.0294 376.36 0.0000 30.6476 21.4336 + 14 1.0298 376.48 0.0000 30.6755 21.4448 + 15 1.0301 376.60 0.0000 30.7010 21.4550 + 16 1.0304 376.71 0.0000 30.7245 21.4644 + 17 1.0306 376.81 0.0000 30.7462 21.4731 + 18 1.0309 376.90 0.0000 30.7664 21.4812 + 19 1.0311 376.98 0.0000 30.7853 21.4887 + 20 1.0314 377.06 0.0000 30.8029 21.4958 + 21 1.0316 377.14 0.0000 30.8196 21.5024 + 22 1.0318 377.21 0.0000 30.8353 21.5087 + 23 1.0319 377.28 0.0000 30.8502 21.5147 + 24 1.0321 377.34 0.0000 30.8643 21.5203 + 25 1.0323 377.40 0.0000 30.8777 21.5257 + 26 1.0324 377.46 0.0000 30.8904 21.5308 + 27 1.0326 377.51 0.0000 30.9026 21.5356 + 28 1.0327 377.57 0.0000 30.9143 21.5403 + 29 1.0329 377.62 0.0000 30.9254 21.5447 + 30 1.0330 377.67 0.0000 30.9361 21.5490 + + + ******************************************************************* + * ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * + ******************************************************************* + YEAR ELECTRICITY HEAT RESERVOIR PERCENTAGE OF + PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED + (GWh/year) (GWh/year) (10^15 J) (%) + 1 228.8 1101.1 927.54 0.43 + 2 234.6 1113.2 923.53 0.86 + 3 236.6 1117.3 919.51 1.29 + 4 237.8 1119.7 915.48 1.72 + 5 238.7 1121.4 911.44 2.15 + 6 239.3 1122.7 907.40 2.59 + 7 239.8 1123.7 903.35 3.02 + 8 240.3 1124.6 899.30 3.46 + 9 240.6 1125.4 895.25 3.89 + 10 241.0 1126.0 891.20 4.33 + 11 241.3 1126.6 887.14 4.76 + 12 241.5 1127.1 883.08 5.20 + 13 241.7 1127.5 879.03 5.63 + 14 241.9 1128.0 874.96 6.07 + 15 242.1 1128.3 870.90 6.51 + 16 242.3 1128.7 866.84 6.94 + 17 242.5 1129.0 862.77 7.38 + 18 242.6 1129.3 858.71 7.81 + 19 242.8 1129.6 854.64 8.25 + 20 242.9 1129.9 850.57 8.69 + 21 243.0 1130.1 846.51 9.12 + 22 243.2 1130.4 842.44 9.56 + 23 243.3 1130.6 838.37 10.00 + 24 243.4 1130.8 834.30 10.44 + 25 243.5 1131.0 830.22 10.87 + 26 243.6 1131.2 826.15 11.31 + 27 243.7 1131.4 822.08 11.75 + 28 243.8 1131.6 818.00 12.18 + 29 243.9 1131.8 813.93 12.62 + 30 203.3 943.3 810.53 12.99 + + + ******************************** + * REVENUE & CASHFLOW PROFILE * + ******************************** +Year Electricity | Heat | Cooling | Carbon | Project +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/tonne) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD) +________________________________________________________________________________________________________________________________________________________________________________________ + 1 0.00 -241.92 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -241.92 -241.92 + 2 6.00 11.70 13.73 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 11.70 -230.22 + 3 6.00 12.05 27.80 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 12.05 -218.17 + 4 7.20 15.01 44.84 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 15.01 -203.16 + 5 8.40 17.95 64.82 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 17.95 -185.21 + 6 9.60 20.89 87.73 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 20.89 -164.32 + 7 10.00 21.91 111.66 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 21.91 -142.42 + 8 10.00 21.96 135.64 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 21.96 -120.46 + 9 10.00 22.00 159.67 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.00 -98.46 + 10 10.00 22.04 183.73 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.04 -76.42 + 11 10.00 22.07 207.83 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.07 -54.35 + 12 10.00 22.10 231.96 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.10 -32.25 + 13 10.00 22.12 256.11 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.12 -10.12 + 14 10.00 22.15 280.28 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.15 12.02 + 15 10.00 22.17 304.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.17 34.19 + 16 10.00 22.19 328.69 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.19 56.38 + 17 10.00 22.21 352.92 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.21 78.59 + 18 10.00 22.22 377.17 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.22 100.81 + 19 10.00 22.24 401.43 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.24 123.05 + 20 10.00 22.25 425.71 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.25 145.30 + 21 10.00 22.27 450.00 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.27 167.56 + 22 10.00 22.28 474.31 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.28 189.84 + 23 10.00 22.29 498.62 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.29 212.13 + 24 10.00 22.30 522.95 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.30 234.44 + 25 10.00 22.31 547.29 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.31 256.75 + 26 10.00 22.32 571.64 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.32 279.07 + 27 10.00 22.33 596.00 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.33 301.40 + 28 10.00 22.34 620.37 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.34 323.75 + 29 10.00 22.35 644.74 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.35 346.10 + 30 10.00 22.36 669.13 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 2.03 22.36 368.46 diff --git a/tests/examples/example_SHR-2.out b/tests/examples/example_SHR-2.out index fbd5ae4d..244de670 100644 --- a/tests/examples/example_SHR-2.out +++ b/tests/examples/example_SHR-2.out @@ -4,220 +4,235 @@ Simulation Metadata ---------------------- -GEOPHIRES Version: 3.4.22 -GEOPHIRES Build Date: 2024-03-05 -Simulation Date: 2024-03-20 -Simulation Time: 17:50 -Calculation Time: 1.562 sec + GEOPHIRES Version: 3.4.22 + GEOPHIRES Build Date: 2024-03-05 + Simulation Date: 2024-04-10 + Simulation Time: 14:59 + Calculation Time: 1.435 sec ***SUMMARY OF RESULTS*** - End-Use Option : Electricity - Average Net Electricity Production : 30.58 MW - Electricity breakeven price : 3.92 cents/kWh - Number of production wells : 2 - Number of injection wells : 2 - Flowrate per production well : 55.0 kg/sec - Well depth (or total length, if not vertical): 7.5 kilometer - Geothermal gradient : 0.0500 °C/m + End-Use Option: Electricity + Average Net Electricity Production: 30.58 MW + Electricity breakeven price: 3.92 cents/kWh + Number of production wells: 2 + Number of injection wells: 2 + Flowrate per production well: 55.0 kg/sec + Well depth (or total length, if not vertical): 7.5 kilometer + Geothermal gradient: 0.0500 degC/m + ***ECONOMIC PARAMETERS*** - Economic Model : Fixed Charge Rate (FCR) - Fixed Charge Rate (FCR) : 5.00 - Accrued financing during construction : 0.00 - Project lifetime : 30 yr - Capacity factor : 90.0 % - Project NPV : 115.21 MUSD - Project IRR : 11.74 % - Project VIR=PI=PIR : 1.72 - Project MOIC : 2.42 - Project Payback Period : 9.54 yr - - ***ENGINEERING PARAMETERS*** - - Number of Production Wells : 2 - Number of Injection Wells : 2 - Well depth (or total length, if not vertical): 7.5 kilometer - Water loss rate : 2.0 - Pump efficiency : 80.0 - Injection temperature : 50.0 °C - Production Wellbore heat transmission calculated with Rameys model: - Average production well temperature drop : 19.0 °C - Flowrate per production well : 55.0 kg/sec - Injection well casing ID : 7.000 in - Production well casing ID : 7.000 in - Number of times redrilling : 0 - Power plant type : Single-Flash - - ***RESOURCE CHARACTERISTICS*** - - Maximum reservoir temperature : 500.0 °C - Number of segments : 1 - Geothermal gradient : 0.0500 °C/m + Economic Model = Fixed Charge Rate (FCR) + Fixed Charge Rate (FCR): 5.00 + Accrued financing during construction: 0.00 + Project lifetime: 30 yr + Capacity factor: 90.0 % + Project NPV: 115.21 MUSD + Project IRR: 11.74 % + Project VIR=PI=PIR: 1.72 + Project MOIC: 2.42 + Project Payback Period: 9.54 yr + + ***ENGINEERING PARAMETERS*** + + Number of Production Wells: 2 + Number of Injection Wells: 2 + Well depth (or total length, if not vertical): 7.5 kilometer + Water loss rate: 2.0 + Pump efficiency: 80.0 + Injection temperature: 50.0 degC + Production Wellbore heat transmission calculated with Ramey's model + Average production well temperature drop: 19.0 degC + Flowrate per production well: 55.0 kg/sec + Injection well casing ID: 7.000 in + Production well casing ID: 7.000 in + Number of times redrilling: 0 + Power plant type: Single-Flash + + + ***RESOURCE CHARACTERISTICS*** + + Maximum reservoir temperature: 500.0 degC + Number of segments: 1 + Geothermal gradient: 0.0500 degC/m + ***RESERVOIR PARAMETERS*** - Reservoir Model : Multiple Parallel Fractures Model - Bottom-hole temperature : 395.00 °C - Fracture model : Square - Well separation: fracture height : 900.00 meter - Fracture area : 810000.00 m² - Reservoir volume : 1000000000 m³ - Reservoir hydrostatic pressure : 68311.02 kPa - Plant outlet pressure : 100.00 kPa - Injectivity Index : 5.00 kg/sec/bar - Reservoir density : 2700.00 kg/m³ - Reservoir thermal conductivity : 2.70 W/m/K - Reservoir heat capacity : 1000.00 J/kg/K - - ***RESERVOIR STIMULATION RESULTS*** - - Maximum Production Temperature : 377.7 °C - Average Production Temperature : 376.0 °C - Minimum Production Temperature : 365.6 °C - Initial Production Temperature : 365.6 °C - Average Reservoir Heat Extraction : 142.85 MW - Production Wellbore Heat Transmission Model : Ramey Model - Average Production Well Temperature Drop : 19.0 °C - Average Injection Well Pump Pressure Drop : -6843.0 kPa - - ***CAPITAL COSTS*** - - Drilling and completion costs : 92.95 MUSD - Drilling and completion costs per well : 23.24 MUSD - Stimulation costs : 3.02 MUSD - Surface power plant costs : 44.77 MUSD - Field gathering system costs : 1.93 MUSD - Total surface equipment costs : 46.70 MUSD - Exploration costs : 18.39 MUSD - Total capital costs : 161.06 MUSD - Annualized capital costs : 8.05 MUSD - - ***OPERATING AND MAINTENANCE COSTS*** - - Wellfield maintenance costs : 1.42 MUSD/yr - Power plant maintenance costs : 2.09 MUSD/yr - Water costs : 0.06 MUSD/yr - Total operating and maintenance costs : 1.36 MUSD/yr + Reservoir Model = Multiple Parallel Fractures Model + Bottom-hole temperature: 395.00 degC + Fracture model = Square + Well separation: fracture height: 900.00 meter + Fracture area: 810000.00 m**2 + Reservoir volume: 1000000000 m**3 + Reservoir hydrostatic pressure: 68311.02 kPa + Plant outlet pressure: 100.00 kPa + Injectivity Index: 5.00 kg/sec/bar + Reservoir density: 2700.00 kg/m**3 + Reservoir thermal conductivity: 2.70 W/m/K + Reservoir heat capacity: 1000.00 J/kg/K + + + ***RESERVOIR SIMULATION RESULTS*** + + Maximum Production Temperature: 377.7 degC + Average Production Temperature: 376.0 degC + Minimum Production Temperature: 365.6 degC + Initial Production Temperature: 365.6 degC + Average Reservoir Heat Extraction: 142.85 MW + Production Wellbore Heat Transmission Model = Ramey Model + Average Production Well Temperature Drop: 19.0 degC + Average Injection Well Pump Pressure Drop: -6843.0 kPa + + + ***CAPITAL COSTS (M$)*** + + Drilling and completion costs: 92.95 MUSD + Drilling and completion costs per well: 23.24 MUSD + Stimulation costs: 3.02 MUSD + Surface power plant costs: 44.77 MUSD + Field gathering system costs: 1.93 MUSD + Total surface equipment costs: 46.70 MUSD + Exploration costs: 18.39 MUSD + Total capital costs: 161.06 MUSD + Annualized capital costs: 8.05 MUSD + + + ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** + + Wellfield maintenance costs: 1.42 MUSD/yr + Power plant maintenance costs: 2.09 MUSD/yr + Water costs: 0.06 MUSD/yr + Total operating and maintenance costs: 1.36 MUSD/yr + ***SURFACE EQUIPMENT SIMULATION RESULTS*** - Initial geofluid availability : 0.60 MW/(kg/s) - Maximum Total Electricity Generation : 30.94 MW - Average Total Electricity Generation : 30.58 MW - Minimum Total Electricity Generation : 28.35 MW - Initial Total Electricity Generation : 28.35 MW - Maximum Net Electricity Generation : 30.94 MW - Average Net Electricity Generation : 30.58 MW - Minimum Net Electricity Generation : 28.35 MW - Initial Net Electricity Generation : 28.35 MW - Average Annual Total Electricity Generation : 0.00 GWh - Average Annual Net Electricity Generation : 0.00 GWh - Average Pumping Power : 0.00 MW - - *************************************************************** + Initial geofluid availability: 0.60 MW/(kg/s) + Maximum Total Electricity Generation: 30.94 MW + Average Total Electricity Generation: 30.58 MW + Minimum Total Electricity Generation: 28.35 MW + Initial Total Electricity Generation: 28.35 MW + Maximum Net Electricity Generation: 30.94 MW + Average Net Electricity Generation: 30.58 MW + Minimum Net Electricity Generation: 28.35 MW + Initial Net Electricity Generation: 28.35 MW + Average Annual Total Electricity Generation: 239.79 GWh + Average Annual Net Electricity Generation: 239.79 GWh + Average Pumping Power: 0.00 MW + + ************************************************************ * HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * - *************************************************************** - Year Thermal Drawdown (%) Geofluid Temperature (°C) Pump Power (MW) Net Power (MW) First Law Efficiency (%) - 1 1.0000 365.60 0.0000 28.3465 20.5000 - 2 1.0157 371.32 0.0000 29.5550 20.9933 - 3 1.0202 372.98 0.0000 29.9119 21.1377 - 4 1.0226 373.85 0.0000 30.0996 21.2134 - 5 1.0241 374.42 0.0000 30.2245 21.2637 - 6 1.0253 374.85 0.0000 30.3170 21.3009 - 7 1.0262 375.18 0.0000 30.3900 21.3303 - 8 1.0270 375.46 0.0000 30.4499 21.3543 - 9 1.0276 375.69 0.0000 30.5006 21.3747 - 10 1.0281 375.89 0.0000 30.5443 21.3922 - 11 1.0286 376.06 0.0000 30.5827 21.4076 - 12 1.0290 376.22 0.0000 30.6169 21.4213 - 13 1.0294 376.36 0.0000 30.6476 21.4336 - 14 1.0298 376.48 0.0000 30.6755 21.4448 - 15 1.0301 376.60 0.0000 30.7010 21.4550 - 16 1.0304 376.71 0.0000 30.7245 21.4644 - 17 1.0306 376.81 0.0000 30.7462 21.4731 - 18 1.0309 376.90 0.0000 30.7664 21.4812 - 19 1.0311 376.98 0.0000 30.7853 21.4887 - 20 1.0314 377.06 0.0000 30.8029 21.4958 - 21 1.0316 377.14 0.0000 30.8196 21.5024 - 22 1.0318 377.21 0.0000 30.8353 21.5087 - 23 1.0319 377.28 0.0000 30.8502 21.5147 - 24 1.0321 377.34 0.0000 30.8643 21.5203 - 25 1.0323 377.40 0.0000 30.8777 21.5257 - 26 1.0324 377.46 0.0000 30.8904 21.5308 - 27 1.0326 377.51 0.0000 30.9026 21.5356 - 28 1.0327 377.57 0.0000 30.9143 21.5403 - 29 1.0329 377.62 0.0000 30.9254 21.5447 - 30 1.0330 377.67 0.0000 30.9361 21.5490 - - *************************************************************** - *ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE* - *************************************************************** - Year Electricity Provided (kWh) Heat Extracted(GW/yr) Reservoir Heat Content (MW) Percentage of Total Heat Mined (%) - 1 228.8 1101.13 927.54 0.43 - 2 234.6 1113.18 923.53 0.86 - 3 236.6 1117.28 919.51 1.29 - 4 237.8 1119.70 915.48 1.72 - 5 238.7 1121.41 911.44 2.15 - 6 239.3 1122.70 907.40 2.59 - 7 239.8 1123.75 903.35 3.02 - 8 240.3 1124.62 899.30 3.46 - 9 240.6 1125.36 895.25 3.89 - 10 241.0 1126.01 891.20 4.33 - 11 241.3 1126.58 887.14 4.76 - 12 241.5 1127.08 883.08 5.20 - 13 241.7 1127.54 879.03 5.63 - 14 241.9 1127.96 874.96 6.07 - 15 242.1 1128.35 870.90 6.51 - 16 242.3 1128.70 866.84 6.94 - 17 242.5 1129.03 862.77 7.38 - 18 242.6 1129.34 858.71 7.81 - 19 242.8 1129.62 854.64 8.25 - 20 242.9 1129.89 850.57 8.69 - 21 243.0 1130.14 846.51 9.12 - 22 243.2 1130.38 842.44 9.56 - 23 243.3 1130.61 838.37 10.00 - 24 243.4 1130.82 834.30 10.44 - 25 243.5 1131.03 830.22 10.87 - 26 243.6 1131.22 826.15 11.31 - 27 243.7 1131.41 822.08 11.75 - 28 243.8 1131.59 818.00 12.18 - 29 243.9 1131.76 813.93 12.62 - 30 203.3 943.26 810.53 12.99 - - *************************************************************** - * REVENUE & CASHFLOW PROFILE * - *************************************************************** - Year Electricity:Price (USD/kWh) Electricity:Ann. Rev. (MUSD/yr) Electricity:Cumm. Rev. (MUSD) Heat:Price (USD/kWh) Heat:Ann. Rev. (MUSD/yr) Heat:Cumm. Rev. (MUSD) Cooling:Price (USD/kWh) Cooling:Ann. Rev. (MUSD/yr) Cooling:Cumm. Rev. (MUSD) Carbon:Price (USD/tonne) Carbon:Ann. Rev. (MUSD/yr) Carbon:Cumm. Rev. (MUSD) Project:OPEX (MUSD/yr) Project:Net Rev. (MUSD/yr) Project:Net Cashflow (MUSD) - 1 0.0000 -161.06 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.00 -161.06 -161.06 - 2 0.0600 12.37 13.73 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 12.37 -148.69 - 3 0.0600 12.72 27.80 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 12.72 -135.97 - 4 0.0720 15.68 44.84 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 15.68 -120.29 - 5 0.0840 18.62 64.82 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 18.62 -101.67 - 6 0.0960 21.56 87.73 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 21.56 -80.11 - 7 0.1000 22.58 111.66 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 22.58 -57.54 - 8 0.1000 22.63 135.64 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 22.63 -34.91 - 9 0.1000 22.67 159.67 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 22.67 -12.24 - 10 0.1000 22.71 183.73 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 22.71 10.47 - 11 0.1000 22.74 207.83 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 22.74 33.21 - 12 0.1000 22.77 231.96 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 22.77 55.98 - 13 0.1000 22.80 256.11 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 22.80 78.78 - 14 0.1000 22.82 280.28 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 22.82 101.60 - 15 0.1000 22.84 304.48 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 22.84 124.44 - 16 0.1000 22.86 328.69 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 22.86 147.30 - 17 0.1000 22.88 352.92 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 22.88 170.17 - 18 0.1000 22.89 377.17 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 22.89 193.06 - 19 0.1000 22.91 401.43 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 22.91 215.97 - 20 0.1000 22.92 425.71 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 22.92 238.90 - 21 0.1000 22.94 450.00 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 22.94 261.83 - 22 0.1000 22.95 474.31 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 22.95 284.78 - 23 0.1000 22.96 498.62 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 22.96 307.74 - 24 0.1000 22.97 522.95 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 22.97 330.71 - 25 0.1000 22.98 547.29 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 22.98 353.70 - 26 0.1000 22.99 571.64 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 22.99 376.69 - 27 0.1000 23.00 596.00 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 23.00 399.69 - 28 0.1000 23.01 620.37 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 23.01 422.71 - 29 0.1000 23.02 644.74 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 23.02 445.73 - 30 0.1000 23.03 669.13 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 23.03 468.76 - 31 0.1000 18.97 689.46 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.36 18.97 487.73 + ************************************************************ + YEAR THERMAL GEOFLUID PUMP NET FIRST LAW + DRAWDOWN TEMPERATURE POWER POWER EFFICIENCY + (degC) (MW) (MW) (%) + 1 1.0000 365.60 0.0000 28.3465 20.5000 + 2 1.0157 371.32 0.0000 29.5550 20.9933 + 3 1.0202 372.98 0.0000 29.9119 21.1377 + 4 1.0226 373.85 0.0000 30.0996 21.2134 + 5 1.0241 374.42 0.0000 30.2245 21.2637 + 6 1.0253 374.85 0.0000 30.3170 21.3009 + 7 1.0262 375.18 0.0000 30.3900 21.3303 + 8 1.0270 375.46 0.0000 30.4499 21.3543 + 9 1.0276 375.69 0.0000 30.5006 21.3747 + 10 1.0281 375.89 0.0000 30.5443 21.3922 + 11 1.0286 376.06 0.0000 30.5827 21.4076 + 12 1.0290 376.22 0.0000 30.6169 21.4213 + 13 1.0294 376.36 0.0000 30.6476 21.4336 + 14 1.0298 376.48 0.0000 30.6755 21.4448 + 15 1.0301 376.60 0.0000 30.7010 21.4550 + 16 1.0304 376.71 0.0000 30.7245 21.4644 + 17 1.0306 376.81 0.0000 30.7462 21.4731 + 18 1.0309 376.90 0.0000 30.7664 21.4812 + 19 1.0311 376.98 0.0000 30.7853 21.4887 + 20 1.0314 377.06 0.0000 30.8029 21.4958 + 21 1.0316 377.14 0.0000 30.8196 21.5024 + 22 1.0318 377.21 0.0000 30.8353 21.5087 + 23 1.0319 377.28 0.0000 30.8502 21.5147 + 24 1.0321 377.34 0.0000 30.8643 21.5203 + 25 1.0323 377.40 0.0000 30.8777 21.5257 + 26 1.0324 377.46 0.0000 30.8904 21.5308 + 27 1.0326 377.51 0.0000 30.9026 21.5356 + 28 1.0327 377.57 0.0000 30.9143 21.5403 + 29 1.0329 377.62 0.0000 30.9254 21.5447 + 30 1.0330 377.67 0.0000 30.9361 21.5490 + + + ******************************************************************* + * ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * + ******************************************************************* + YEAR ELECTRICITY HEAT RESERVOIR PERCENTAGE OF + PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED + (GWh/year) (GWh/year) (10^15 J) (%) + 1 228.8 1101.1 927.54 0.43 + 2 234.6 1113.2 923.53 0.86 + 3 236.6 1117.3 919.51 1.29 + 4 237.8 1119.7 915.48 1.72 + 5 238.7 1121.4 911.44 2.15 + 6 239.3 1122.7 907.40 2.59 + 7 239.8 1123.7 903.35 3.02 + 8 240.3 1124.6 899.30 3.46 + 9 240.6 1125.4 895.25 3.89 + 10 241.0 1126.0 891.20 4.33 + 11 241.3 1126.6 887.14 4.76 + 12 241.5 1127.1 883.08 5.20 + 13 241.7 1127.5 879.03 5.63 + 14 241.9 1128.0 874.96 6.07 + 15 242.1 1128.3 870.90 6.51 + 16 242.3 1128.7 866.84 6.94 + 17 242.5 1129.0 862.77 7.38 + 18 242.6 1129.3 858.71 7.81 + 19 242.8 1129.6 854.64 8.25 + 20 242.9 1129.9 850.57 8.69 + 21 243.0 1130.1 846.51 9.12 + 22 243.2 1130.4 842.44 9.56 + 23 243.3 1130.6 838.37 10.00 + 24 243.4 1130.8 834.30 10.44 + 25 243.5 1131.0 830.22 10.87 + 26 243.6 1131.2 826.15 11.31 + 27 243.7 1131.4 822.08 11.75 + 28 243.8 1131.6 818.00 12.18 + 29 243.9 1131.8 813.93 12.62 + 30 203.3 943.3 810.53 12.99 + + + ******************************** + * REVENUE & CASHFLOW PROFILE * + ******************************** +Year Electricity | Heat | Cooling | Carbon | Project +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/tonne) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD) +________________________________________________________________________________________________________________________________________________________________________________________ + 1 0.00 -161.06 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -161.06 -161.06 + 2 6.00 12.37 13.73 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 12.37 -148.69 + 3 6.00 12.72 27.80 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 12.72 -135.97 + 4 7.20 15.68 44.84 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 15.68 -120.29 + 5 8.40 18.62 64.82 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 18.62 -101.67 + 6 9.60 21.56 87.73 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 21.56 -80.11 + 7 10.00 22.58 111.66 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 22.58 -57.54 + 8 10.00 22.63 135.64 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 22.63 -34.91 + 9 10.00 22.67 159.67 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 22.67 -12.24 + 10 10.00 22.71 183.73 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 22.71 10.47 + 11 10.00 22.74 207.83 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 22.74 33.21 + 12 10.00 22.77 231.96 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 22.77 55.98 + 13 10.00 22.80 256.11 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 22.80 78.78 + 14 10.00 22.82 280.28 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 22.82 101.60 + 15 10.00 22.84 304.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 22.84 124.44 + 16 10.00 22.86 328.69 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 22.86 147.30 + 17 10.00 22.88 352.92 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 22.88 170.17 + 18 10.00 22.89 377.17 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 22.89 193.06 + 19 10.00 22.91 401.43 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 22.91 215.97 + 20 10.00 22.92 425.71 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 22.92 238.90 + 21 10.00 22.94 450.00 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 22.94 261.83 + 22 10.00 22.95 474.31 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 22.95 284.78 + 23 10.00 22.96 498.62 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 22.96 307.74 + 24 10.00 22.97 522.95 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 22.97 330.71 + 25 10.00 22.98 547.29 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 22.98 353.70 + 26 10.00 22.99 571.64 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 22.99 376.69 + 27 10.00 23.00 596.00 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 23.00 399.69 + 28 10.00 23.01 620.37 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 23.01 422.71 + 29 10.00 23.02 644.74 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 23.02 445.73 + 30 10.00 23.03 669.13 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.36 23.03 468.76 diff --git a/tests/examples/example_multiple_gradients.out b/tests/examples/example_multiple_gradients.out index 507402ed..0b8ac67c 100644 --- a/tests/examples/example_multiple_gradients.out +++ b/tests/examples/example_multiple_gradients.out @@ -4,235 +4,250 @@ Simulation Metadata ---------------------- -GEOPHIRES Version: 3.4.22 -GEOPHIRES Build Date: 2024-03-05 -Simulation Date: 2024-03-20 -Simulation Time: 17:48 -Calculation Time: 1.704 sec + GEOPHIRES Version: 3.4.21 + GEOPHIRES Build Date: 2024-03-05 + Simulation Date: 2024-03-12 + Simulation Time: 07:20 + Calculation Time: 0.606 sec ***SUMMARY OF RESULTS*** - End-Use Option : Electricity - Average Net Electricity Production : 8.01 MW - Electricity breakeven price : 9.15 cents/kWh - Number of production wells : 2 - Number of injection wells : 2 - Flowrate per production well : 60.0 kg/sec - Well depth (or total length, if not vertical): 4.0 kilometer - Segment 1 Geothermal gradient : 0.0500 °C/m - Segment 1 Thickness : 1000 meter - Segment 2 Geothermal gradient : 0.0400 °C/m - Segment 2 Thickness : 1000 meter - Segment 3 Geothermal gradient : 0.0300 °C/m - Segment 3 Thickness : 1000 meter - Segment 4 Geothermal gradient : 0.0500 °C/m + End-Use Option: Electricity + Average Net Electricity Production: 8.01 MW + Electricity breakeven price: 9.15 cents/kWh + Number of production wells: 2 + Number of injection wells: 2 + Flowrate per production well: 60.0 kg/sec + Well depth (or total length, if not vertical): 4.0 kilometer + Segment 1 Geothermal gradient: 0.0500 degC/m + Segment 1 Thickness: 1000 meter + Segment 2 Geothermal gradient: 0.0400 degC/m + Segment 2 Thickness: 1000 meter + Segment 3 Geothermal gradient: 0.0300 degC/m + Segment 3 Thickness: 1000 meter + Segment 4 Geothermal gradient: 0.0500 degC/m + ***ECONOMIC PARAMETERS*** - Economic Model : Fixed Charge Rate (FCR) - Fixed Charge Rate (FCR) : 5.00 - Accrued financing during construction : 0.00 - Project lifetime : 30 yr - Capacity factor : 90.0 % - Project NPV : -54.78 MUSD - Project IRR : -3.21 % - Project VIR=PI=PIR : 0.28 - Project MOIC : -0.23 - Project Payback Period : N/A - - ***ENGINEERING PARAMETERS*** - - Number of Production Wells : 2 - Number of Injection Wells : 2 - Well depth (or total length, if not vertical): 4.0 kilometer - Water loss rate : 2.0 - Pump efficiency : 80.0 - Injection temperature : 50.0 °C - User-provided production well temperature drop: - Constant production well temperature drop : 2.0 °C - Flowrate per production well : 60.0 kg/sec - Injection well casing ID : 7.000 in - Production well casing ID : 7.000 in - Number of times redrilling : 0 - Power plant type : Supercritical ORC - - ***RESOURCE CHARACTERISTICS*** - - Maximum reservoir temperature : 400.0 °C - Number of segments : 4 - Segment 1 Geothermal gradient : 0.0500 °C/m - Segment 1 Thickness : 1000 meter - Segment 2 Geothermal gradient : 0.0400 °C/m - Segment 2 Thickness : 1000 meter - Segment 3 Geothermal gradient : 0.0300 °C/m - Segment 3 Thickness : 1000 meter - Segment 4 Geothermal gradient : 0.0500 °C/m + Economic Model = Fixed Charge Rate (FCR) + Fixed Charge Rate (FCR): 5.00 + Accrued financing during construction: 0.00 + Project lifetime: 30 yr + Capacity factor: 90.0 % + Project NPV: -54.78 MUSD + Project IRR: -3.21 % + Project VIR=PI=PIR: 0.28 + Project MOIC: -0.23 + Project Payback Period: N/A + + ***ENGINEERING PARAMETERS*** + + Number of Production Wells: 2 + Number of Injection Wells: 2 + Well depth (or total length, if not vertical): 4.0 kilometer + Water loss rate: 2.0 + Pump efficiency: 80.0 + Injection temperature: 50.0 degC + User-provided production well temperature drop + Constant production well temperature drop: 2.0 degC + Flowrate per production well: 60.0 kg/sec + Injection well casing ID: 7.000 in + Production well casing ID: 7.000 in + Number of times redrilling: 0 + Power plant type: Supercritical ORC + + + ***RESOURCE CHARACTERISTICS*** + + Maximum reservoir temperature: 400.0 degC + Number of segments: 4 + Segment 1 Geothermal gradient: 0.0500 degC/m + Segment 1 Thickness: 1000 meter + Segment 2 Geothermal gradient: 0.0400 degC/m + Segment 2 Thickness: 1000 meter + Segment 3 Geothermal gradient: 0.0300 degC/m + Segment 3 Thickness: 1000 meter + Segment 4 Geothermal gradient: 0.0500 degC/m + ***RESERVOIR PARAMETERS*** - Reservoir Model : Multiple Parallel Fractures Model - Bottom-hole temperature : 190.00 °C - Fracture model : Square - Well separation: fracture height : 600.00 meter - Fracture area : 360000.00 m² - Reservoir volume : 1000000000 m³ - Reservoir hydrostatic pressure : 39398.56 kPa - Plant outlet pressure : 1530.99 kPa - Production wellhead pressure : 1599.94 kPa - Productivity Index : 5.00 kg/sec/bar - Injectivity Index : 5.00 kg/sec/bar - Reservoir density : 2700.00 kg/m³ - Reservoir thermal conductivity : 2.70 W/m/K - Reservoir heat capacity : 1000.00 J/kg/K - - ***RESERVOIR STIMULATION RESULTS*** - - Maximum Production Temperature : 188.0 °C - Average Production Temperature : 185.5 °C - Minimum Production Temperature : 178.9 °C - Initial Production Temperature : 188.0 °C - Average Reservoir Heat Extraction : 65.65 MW - Wellbore Heat Transmission Model = Constant Temperature Drop: 2.0 °C - Average Injection Well Pump Pressure Drop : -129.0 kPa - Average Production Well Pump Pressure Drop : 1413.4 kPa - - ***CAPITAL COSTS*** - - Drilling and completion costs : 33.28 MUSD - Drilling and completion costs per well : 8.32 MUSD - Stimulation costs : 3.02 MUSD - Surface power plant costs : 30.27 MUSD - Field gathering system costs : 2.28 MUSD - Total surface equipment costs : 32.55 MUSD - Exploration costs : 7.41 MUSD - Total capital costs : 76.26 MUSD - Annualized capital costs : 3.81 MUSD - - ***OPERATING AND MAINTENANCE COSTS*** - - Wellfield maintenance costs : 0.62 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 + Reservoir Model = Multiple Parallel Fractures Model + Bottom-hole temperature: 190.00 degC + Fracture model = Square + Well separation: fracture height: 600.00 meter + Fracture area: 360000.00 m**2 + Reservoir volume: 1000000000 m**3 + Reservoir hydrostatic pressure: 39398.56 kPa + Plant outlet pressure: 1530.99 kPa + Production wellhead pressure: 1599.94 kPa + Productivity Index: 5.00 kg/sec/bar + Injectivity Index: 5.00 kg/sec/bar + Reservoir density: 2700.00 kg/m**3 + Reservoir thermal conductivity: 2.70 W/m/K + Reservoir heat capacity: 1000.00 J/kg/K + + + ***RESERVOIR SIMULATION RESULTS*** + + Maximum Production Temperature: 188.0 degC + Average Production Temperature: 185.5 degC + Minimum Production Temperature: 178.9 degC + Initial Production Temperature: 188.0 degC + Average Reservoir Heat Extraction: 65.65 MW + Wellbore Heat Transmission Model = Constant Temperature Drop: 2.0 degC + Average Injection Well Pump Pressure Drop: -129.0 kPa + Average Production Well Pump Pressure Drop: 1413.4 kPa + + + ***CAPITAL COSTS (M$)*** + + Drilling and completion costs: 33.28 MUSD + Drilling and completion costs per well: 8.32 MUSD + Stimulation costs: 3.02 MUSD + Surface power plant costs: 30.27 MUSD + Field gathering system costs: 2.28 MUSD + Total surface equipment costs: 32.55 MUSD + Exploration costs: 7.41 MUSD + Total capital costs: 76.26 MUSD + Annualized capital costs: 3.81 MUSD + + + ***OPERATING AND MAINTENANCE COSTS (M$/yr)*** + + Wellfield maintenance costs: 0.62 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 + ***SURFACE EQUIPMENT SIMULATION RESULTS*** - Initial geofluid availability : 0.15 MW/(kg/s) - Maximum Total Electricity Generation : 8.54 MW - Average Total Electricity Generation : 8.23 MW - Minimum Total Electricity Generation : 7.44 MW - Initial Total Electricity Generation : 8.54 MW - Maximum Net Electricity Generation : 8.33 MW - Average Net Electricity Generation : 8.01 MW - Minimum Net Electricity Generation : 7.18 MW - Initial Net Electricity Generation : 8.33 MW - Average Annual Total Electricity Generation : 0.00 GWh - Average Annual Net Electricity Generation : 0.00 GWh - Initial pumping power/net installed power : 2.56 % - Average Pumping Power : 0.23 MW - - *************************************************************** + Initial geofluid availability: 0.15 MW/(kg/s) + Maximum Total Electricity Generation: 8.54 MW + Average Total Electricity Generation: 8.23 MW + Minimum Total Electricity Generation: 7.44 MW + Initial Total Electricity Generation: 8.54 MW + Maximum Net Electricity Generation: 8.33 MW + Average Net Electricity Generation: 8.01 MW + Minimum Net Electricity Generation: 7.18 MW + Initial Net Electricity Generation: 8.33 MW + Average Annual Total Electricity Generation: 64.55 GWh + Average Annual Net Electricity Generation: 62.78 GWh + Initial pumping power/net installed power: 2.56 % + Average Pumping Power: 0.23 MW + + ************************************************************ * HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * - *************************************************************** - Year Thermal Drawdown (%) Geofluid Temperature (°C) Pump Power (MW) Net Power (MW) First Law Efficiency (%) - 1 1.0000 188.00 0.2136 8.3281 12.4529 - 2 1.0000 188.00 0.2136 8.3281 12.4529 - 3 1.0000 188.00 0.2136 8.3281 12.4529 - 4 1.0000 188.00 0.2136 8.3281 12.4529 - 5 1.0000 188.00 0.2136 8.3281 12.4529 - 6 1.0000 188.00 0.2136 8.3280 12.4528 - 7 1.0000 187.99 0.2136 8.3274 12.4523 - 8 0.9999 187.98 0.2137 8.3255 12.4509 - 9 0.9997 187.95 0.2138 8.3214 12.4476 - 10 0.9994 187.89 0.2141 8.3139 12.4416 - 11 0.9989 187.80 0.2146 8.3020 12.4322 - 12 0.9982 187.67 0.2152 8.2851 12.4187 - 13 0.9973 187.49 0.2161 8.2626 12.4007 - 14 0.9961 187.27 0.2172 8.2344 12.3782 - 15 0.9947 187.01 0.2185 8.2005 12.3510 - 16 0.9931 186.70 0.2200 8.1611 12.3193 - 17 0.9912 186.35 0.2217 8.1165 12.2833 - 18 0.9892 185.96 0.2237 8.0670 12.2433 - 19 0.9869 185.54 0.2257 8.0132 12.1995 - 20 0.9845 185.08 0.2280 7.9554 12.1523 - 21 0.9819 184.60 0.2303 7.8941 12.1020 - 22 0.9792 184.09 0.2328 7.8296 12.0489 - 23 0.9764 183.56 0.2354 7.7625 11.9932 - 24 0.9734 183.01 0.2381 7.6931 11.9353 - 25 0.9704 182.44 0.2409 7.6217 11.8755 - 26 0.9673 181.85 0.2437 7.5487 11.8139 - 27 0.9641 181.25 0.2466 7.4744 11.7508 - 28 0.9609 180.65 0.2495 7.3990 11.6865 - 29 0.9576 180.03 0.2525 7.3228 11.6210 - 30 0.9543 179.41 0.2555 7.2461 11.5546 - - *************************************************************** - *ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE* - *************************************************************** - Year Electricity Provided (kWh) Heat Extracted(GW/yr) Reservoir Heat Content (MW) Percentage of Total Heat Mined (%) - 1 65.7 527.26 376.10 0.50 - 2 65.7 527.26 374.20 1.00 - 3 65.7 527.26 372.31 1.51 - 4 65.7 527.26 370.41 2.01 - 5 65.7 527.26 368.51 2.51 - 6 65.7 527.25 366.61 3.01 - 7 65.6 527.21 364.71 3.51 - 8 65.6 527.13 362.82 4.02 - 9 65.6 526.96 360.92 4.52 - 10 65.5 526.67 359.02 5.02 - 11 65.4 526.24 357.13 5.52 - 12 65.2 525.66 355.24 6.02 - 13 65.0 524.91 353.35 6.52 - 14 64.8 523.98 351.46 7.02 - 15 64.5 522.89 349.58 7.52 - 16 64.2 521.63 347.70 8.02 - 17 63.8 520.22 345.83 8.51 - 18 63.4 518.67 343.96 9.01 - 19 63.0 517.00 342.10 9.50 - 20 62.5 515.20 340.24 9.99 - 21 62.0 513.30 338.40 10.48 - 22 61.5 511.31 336.55 10.96 - 23 60.9 509.23 334.72 11.45 - 24 60.4 507.09 332.90 11.93 - 25 59.8 504.88 331.08 12.41 - 26 59.2 502.62 329.27 12.89 - 27 58.6 500.32 327.47 13.37 - 28 58.0 497.98 325.68 13.84 - 29 57.4 495.61 323.89 14.31 - 30 47.4 411.18 322.41 14.71 - - *************************************************************** - * REVENUE & CASHFLOW PROFILE * - *************************************************************** - Year Electricity:Price (USD/kWh) Electricity:Ann. Rev. (MUSD/yr) Electricity:Cumm. Rev. (MUSD) Heat:Price (USD/kWh) Heat:Ann. Rev. (MUSD/yr) Heat:Cumm. Rev. (MUSD) Cooling:Price (USD/kWh) Cooling:Ann. Rev. (MUSD/yr) Cooling:Cumm. Rev. (MUSD) Carbon:Price (USD/tonne) Carbon:Ann. Rev. (MUSD/yr) Carbon:Cumm. Rev. (MUSD) Project:OPEX (MUSD/yr) Project:Net Rev. (MUSD/yr) Project:Net Cashflow (MUSD) - 1 0.0000 -76.26 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.0000 0.00 0.00 0.00 -76.26 -76.26 - 2 0.0550 1.68 3.61 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.68 -74.58 - 3 0.0550 1.68 7.22 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.68 -72.90 - 4 0.0550 1.68 10.83 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.68 -71.21 - 5 0.0550 1.68 14.44 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.68 -69.53 - 6 0.0550 1.68 18.06 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.68 -67.85 - 7 0.0550 1.68 21.67 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.68 -66.16 - 8 0.0550 1.68 25.28 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.68 -64.48 - 9 0.0550 1.68 28.89 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.68 -62.80 - 10 0.0550 1.68 32.49 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.68 -61.12 - 11 0.0550 1.67 36.10 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.67 -59.45 - 12 0.0550 1.67 39.69 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.67 -57.78 - 13 0.0550 1.66 43.28 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.66 -56.12 - 14 0.0550 1.65 46.86 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.65 -54.47 - 15 0.0550 1.64 50.42 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.64 -52.83 - 16 0.0550 1.62 53.97 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.62 -51.21 - 17 0.0550 1.60 57.50 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.60 -49.61 - 18 0.0550 1.58 61.01 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.58 -48.03 - 19 0.0550 1.56 64.49 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.56 -46.47 - 20 0.0550 1.53 67.96 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.53 -44.94 - 21 0.0550 1.51 71.39 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.51 -43.43 - 22 0.0550 1.48 74.80 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.48 -41.95 - 23 0.0550 1.45 78.18 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.45 -40.50 - 24 0.0550 1.42 81.53 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.42 -39.07 - 25 0.0550 1.39 84.85 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.39 -37.68 - 26 0.0550 1.36 88.14 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.36 -36.32 - 27 0.0550 1.33 91.40 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.33 -34.99 - 28 0.0550 1.30 94.62 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.30 -33.69 - 29 0.0550 1.26 97.82 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.26 -32.43 - 30 0.0550 1.23 100.98 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 1.23 -31.20 - 31 0.0550 0.68 103.58 0.0250 0.00 0.00 0.0250 0.00 0.00 0.0000 0.00 0.00 1.93 0.68 -30.52 + ************************************************************ + YEAR THERMAL GEOFLUID PUMP NET FIRST LAW + DRAWDOWN TEMPERATURE POWER POWER EFFICIENCY + (degC) (MW) (MW) (%) + 1 1.0000 188.00 0.2136 8.3281 12.4529 + 2 1.0000 188.00 0.2136 8.3281 12.4529 + 3 1.0000 188.00 0.2136 8.3281 12.4529 + 4 1.0000 188.00 0.2136 8.3281 12.4529 + 5 1.0000 188.00 0.2136 8.3281 12.4529 + 6 1.0000 188.00 0.2136 8.3280 12.4528 + 7 1.0000 187.99 0.2136 8.3274 12.4523 + 8 0.9999 187.98 0.2137 8.3255 12.4509 + 9 0.9997 187.95 0.2138 8.3214 12.4476 + 10 0.9994 187.89 0.2141 8.3139 12.4416 + 11 0.9989 187.80 0.2146 8.3020 12.4322 + 12 0.9982 187.67 0.2152 8.2851 12.4187 + 13 0.9973 187.49 0.2161 8.2626 12.4007 + 14 0.9961 187.27 0.2172 8.2344 12.3782 + 15 0.9947 187.01 0.2185 8.2005 12.3510 + 16 0.9931 186.70 0.2200 8.1611 12.3193 + 17 0.9912 186.35 0.2217 8.1165 12.2833 + 18 0.9892 185.96 0.2237 8.0670 12.2433 + 19 0.9869 185.54 0.2257 8.0132 12.1995 + 20 0.9845 185.08 0.2280 7.9554 12.1523 + 21 0.9819 184.60 0.2303 7.8941 12.1020 + 22 0.9792 184.09 0.2328 7.8296 12.0489 + 23 0.9764 183.56 0.2354 7.7625 11.9932 + 24 0.9734 183.01 0.2381 7.6931 11.9353 + 25 0.9704 182.44 0.2409 7.6217 11.8755 + 26 0.9673 181.85 0.2437 7.5487 11.8139 + 27 0.9641 181.25 0.2466 7.4744 11.7508 + 28 0.9609 180.65 0.2495 7.3990 11.6865 + 29 0.9576 180.03 0.2525 7.3228 11.6210 + 30 0.9543 179.41 0.2555 7.2461 11.5546 + + + ******************************************************************* + * ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE * + ******************************************************************* + YEAR ELECTRICITY HEAT RESERVOIR PERCENTAGE OF + PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED + (GWh/year) (GWh/year) (10^15 J) (%) + 1 65.7 527.3 376.10 0.50 + 2 65.7 527.3 374.20 1.00 + 3 65.7 527.3 372.31 1.51 + 4 65.7 527.3 370.41 2.01 + 5 65.7 527.3 368.51 2.51 + 6 65.7 527.2 366.61 3.01 + 7 65.6 527.2 364.71 3.51 + 8 65.6 527.1 362.82 4.02 + 9 65.6 527.0 360.92 4.52 + 10 65.5 526.7 359.02 5.02 + 11 65.4 526.2 357.13 5.52 + 12 65.2 525.7 355.24 6.02 + 13 65.0 524.9 353.35 6.52 + 14 64.8 524.0 351.46 7.02 + 15 64.5 522.9 349.58 7.52 + 16 64.2 521.6 347.70 8.02 + 17 63.8 520.2 345.83 8.51 + 18 63.4 518.7 343.96 9.01 + 19 63.0 517.0 342.10 9.50 + 20 62.5 515.2 340.24 9.99 + 21 62.0 513.3 338.40 10.48 + 22 61.5 511.3 336.55 10.96 + 23 60.9 509.2 334.72 11.45 + 24 60.4 507.1 332.90 11.93 + 25 59.8 504.9 331.08 12.41 + 26 59.2 502.6 329.27 12.89 + 27 58.6 500.3 327.47 13.37 + 28 58.0 498.0 325.68 13.84 + 29 57.4 495.6 323.89 14.31 + 30 47.4 411.2 322.41 14.71 + + + ******************************** + * REVENUE & CASHFLOW PROFILE * + ******************************** +Year Electricity | Heat | Cooling | Carbon | Project +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/tonne) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD) +________________________________________________________________________________________________________________________________________________________________________________________ + 1 0.00 -76.26 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -76.26 -76.26 + 2 5.50 1.68 3.61 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.68 -74.58 + 3 5.50 1.68 7.22 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.68 -72.90 + 4 5.50 1.68 10.83 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.68 -71.21 + 5 5.50 1.68 14.44 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.68 -69.53 + 6 5.50 1.68 18.06 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.68 -67.85 + 7 5.50 1.68 21.67 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.68 -66.16 + 8 5.50 1.68 25.28 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.68 -64.48 + 9 5.50 1.68 28.89 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.68 -62.80 + 10 5.50 1.68 32.49 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.68 -61.12 + 11 5.50 1.67 36.10 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.67 -59.45 + 12 5.50 1.67 39.69 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.67 -57.78 + 13 5.50 1.66 43.28 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.66 -56.12 + 14 5.50 1.65 46.86 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.65 -54.47 + 15 5.50 1.64 50.42 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.64 -52.83 + 16 5.50 1.62 53.97 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.62 -51.21 + 17 5.50 1.60 57.50 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.60 -49.61 + 18 5.50 1.58 61.01 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.58 -48.03 + 19 5.50 1.56 64.49 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.56 -46.47 + 20 5.50 1.53 67.96 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.53 -44.94 + 21 5.50 1.51 71.39 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.51 -43.43 + 22 5.50 1.48 74.80 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.48 -41.95 + 23 5.50 1.45 78.18 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.45 -40.50 + 24 5.50 1.42 81.53 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.42 -39.07 + 25 5.50 1.39 84.85 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.39 -37.68 + 26 5.50 1.36 88.14 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.36 -36.32 + 27 5.50 1.33 91.40 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.33 -34.99 + 28 5.50 1.30 94.62 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.30 -33.69 + 29 5.50 1.26 97.82 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.26 -32.43 + 30 5.50 1.23 100.98 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 1.93 1.23 -31.20