@@ -6,32 +6,32 @@ Simulation Metadata
66----------------------
77 GEOPHIRES Version: 3.13.1
88 Simulation Date: 2026-04-19
9- Simulation Time: 09:11
10- Calculation Time: 0.170 sec
9+ Simulation Time: 09:15
10+ Calculation Time: 0.163 sec
1111
1212 ***SUMMARY OF RESULTS***
1313
1414 End-Use Option: Electricity
15- Average Net Electricity Production: 1.87 MW
16- Electricity breakeven price: 111.50 cents/kWh
15+ Average Net Electricity Production: 1.62 MW
16+ Electricity breakeven price: 124.72 cents/kWh
1717 Number of production wells: 1
1818 Number of injection wells: 1
1919 Flowrate per production well: 36.0 kg/sec
2020 Well depth: 2.3 kilometer
21- Geothermal gradient: 74 degC/km
21+ Geothermal gradient: 71.11 degC/km
2222
2323
2424 ***ECONOMIC PARAMETERS***
2525
2626 Economic Model = BICYCLE
2727 Accrued financing during construction: 5.00 %
28- Inflation costs during construction: 1.34 MUSD
28+ Inflation costs during construction: 1.30 MUSD
2929 Project lifetime: 2 yr
3030 Capacity factor: 90.0 %
31- Project NPV: -24.28 MUSD
32- Project IRR: -74.44 %
33- Project VIR=PI=PIR: 0.09
34- Project MOIC: -0.84
31+ Project NPV: -23.91 MUSD
32+ Project IRR: -76.85 %
33+ Project VIR=PI=PIR: 0.08
34+ Project MOIC: -0.86
3535 Project Payback Period: N/A
3636 Estimated Jobs Created: 5
3737
@@ -42,9 +42,9 @@ Simulation Metadata
4242 Well depth: 2.3 kilometer
4343 Water loss rate: 30.0 %
4444 Pump efficiency: 80.0 %
45- Injection temperature: 56.5 degC
45+ Injection temperature: 56.3 degC
4646 Production Wellbore heat transmission calculated with Ramey's model
47- Average production well temperature drop: 4.7 degC
47+ Average production well temperature drop: 4.5 degC
4848 Flowrate per production well: 36.0 kg/sec
4949 Injection well casing ID: 4.276 in
5050 Production well casing ID: 4.276 in
@@ -56,13 +56,13 @@ Simulation Metadata
5656
5757 Maximum reservoir temperature: 400.0 degC
5858 Number of segments: 1
59- Geothermal gradient: 74 degC/km
59+ Geothermal gradient: 71.11 degC/km
6060
6161
6262 ***RESERVOIR PARAMETERS***
6363
6464 Reservoir Model = Multiple Parallel Fractures Model (Gringarten)
65- Bottom-hole temperature: 181.69 degC
65+ Bottom-hole temperature: 174.99 degC
6666 Fracture model = Rectangular
6767 Well separation: fracture height: 160.00 meter
6868 Fracture width: 160.00 meter
@@ -71,7 +71,7 @@ Simulation Metadata
7171 Number of fractures: 100
7272 Fracture separation: 10.00 meter
7373 Reservoir volume: 25344000 m**3
74- Reservoir hydrostatic pressure: 22052.96 kPa
74+ Reservoir hydrostatic pressure: 22113.27 kPa
7575 Plant outlet pressure: 10342.14 kPa
7676 Production wellhead pressure: 1551.32 kPa
7777 Productivity Index: 0.49 kg/sec/bar
@@ -83,15 +83,15 @@ Simulation Metadata
8383
8484 ***RESERVOIR SIMULATION RESULTS***
8585
86- Maximum Production Temperature: 177.5 degC
87- Average Production Temperature: 177.0 degC
88- Minimum Production Temperature: 175.7 degC
89- Initial Production Temperature: 175.7 degC
90- Average Reservoir Heat Extraction: 18.20 MW
86+ Maximum Production Temperature: 171.0 degC
87+ Average Production Temperature: 170.5 degC
88+ Minimum Production Temperature: 169.3 degC
89+ Initial Production Temperature: 169.3 degC
90+ Average Reservoir Heat Extraction: 17.22 MW
9191 Production Wellbore Heat Transmission Model = Ramey Model
92- Average Production Well Temperature Drop: 4.7 degC
93- Average Injection Well Pump Pressure Drop: 2566.0 kPa
94- Average Production Well Pump Pressure Drop: 10752.4 kPa
92+ Average Production Well Temperature Drop: 4.5 degC
93+ Average Injection Well Pump Pressure Drop: 2626.3 kPa
94+ Average Production Well Pump Pressure Drop: 10817.8 kPa
9595
9696
9797 ***CAPITAL COSTS (M$)***
@@ -102,44 +102,44 @@ Simulation Metadata
102102 Drilling and completion costs per vertical injection well: 3.02 MUSD
103103 Drilling and completion costs per non-vertical section: 1.80 MUSD
104104 Stimulation costs: 1.51 MUSD
105- Surface power plant costs: 9.92 MUSD
105+ Surface power plant costs: 9.06 MUSD
106106 Field gathering system costs: 1.60 MUSD
107- Total surface equipment costs: 11.52 MUSD
108- Total capital costs: 26.78 MUSD
107+ Total surface equipment costs: 10.67 MUSD
108+ Total capital costs: 25.93 MUSD
109109
110110
111111 ***OPERATING AND MAINTENANCE COSTS (M$/yr)***
112112
113- Wellfield maintenance costs: 0.19 MUSD/yr
114- Power plant maintenance costs: 0.36 MUSD/yr
113+ Wellfield maintenance costs: 0.18 MUSD/yr
114+ Power plant maintenance costs: 0.33 MUSD/yr
115115 Water costs: 0.28 MUSD/yr
116- Total operating and maintenance costs: 0.83 MUSD/yr
116+ Total operating and maintenance costs: 0.80 MUSD/yr
117117
118118
119119 ***SURFACE EQUIPMENT SIMULATION RESULTS***
120- Initial geofluid availability: 0.15 MW/(kg/s)
121- Maximum Total Electricity Generation: 2.58 MW
122- Average Total Electricity Generation: 2.56 MW
123- Minimum Total Electricity Generation: 2.51 MW
124- Initial Total Electricity Generation: 2.51 MW
125- Maximum Net Electricity Generation: 1.89 MW
126- Average Net Electricity Generation: 1.87 MW
127- Minimum Net Electricity Generation: 1.82 MW
128- Initial Net Electricity Generation: 1.82 MW
129- Average Annual Total Electricity Generation: 20.20 GWh
130- Average Annual Net Electricity Generation: 14.76 GWh
131- Initial pumping power/net installed power: 37.90 %
120+ Initial geofluid availability: 0.14 MW/(kg/s)
121+ Maximum Total Electricity Generation: 2.33 MW
122+ Average Total Electricity Generation: 2.31 MW
123+ Minimum Total Electricity Generation: 2.27 MW
124+ Initial Total Electricity Generation: 2.27 MW
125+ Maximum Net Electricity Generation: 1.64 MW
126+ Average Net Electricity Generation: 1.62 MW
127+ Minimum Net Electricity Generation: 1.57 MW
128+ Initial Net Electricity Generation: 1.57 MW
129+ Average Annual Total Electricity Generation: 18.24 GWh
130+ Average Annual Net Electricity Generation: 12.77 GWh
131+ Initial pumping power/net installed power: 44.07 %
132132 Average Pumping Power: 0.69 MW
133- Heat to Power Conversion Efficiency: 10.28 %
133+ Heat to Power Conversion Efficiency: 9.40 %
134134
135135 ************************************************************
136136 * HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE *
137137 ************************************************************
138138 YEAR THERMAL GEOFLUID PUMP NET FIRST LAW
139139 DRAWDOWN TEMPERATURE POWER POWER EFFICIENCY
140140 (degC) (MW) (MW) (%)
141- 1 1.0000 175.73 0.6903 1.8212 10.1137
142- 2 1.0085 177.21 0.6902 1.8791 10.3067
141+ 1 1.0000 169.26 0.6932 1.5728 9.2338
142+ 2 1.0084 170.69 0.6931 1.6264 9.4287
143143
144144
145145 *******************************************************************
@@ -148,8 +148,8 @@ Simulation Metadata
148148 YEAR ELECTRICITY HEAT RESERVOIR PERCENTAGE OF
149149 PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED
150150 (GWh/year) (GWh/year) (10^15 J) (%)
151- 1 14 .7 143.1 6.84 7.00
152- 2 14 .9 143.9 6.32 14.05
151+ 1 12 .7 135.4 6.40 7.08
152+ 2 12 .9 136.2 5.91 14.20
153153
154154
155155 ********************************
@@ -159,6 +159,6 @@ Year Electricity | Heat |
159159Since 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
160160Start (cents/kWh)(MUSD/yr) (MUSD) |(cents/kWh) (MUSD/yr) (MUSD) |(cents/kWh) (MUSD/yr) (MUSD) |(USD/lb) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD)
161161________________________________________________________________________________________________________________________________________________________________________________________
162- 0 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -26.78 -26.78
163- 1 15.00 2.20 2.20 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.83 1.37 -25.41
164- 2 15.00 2.23 4.43 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.83 1.40 -24.01
162+ 0 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -25.93 -25.93
163+ 1 15.00 1.90 1.90 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.80 1.11 -24.83
164+ 2 15.00 1.93 3.83 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.80 1.13 -23.69
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