@@ -6,17 +6,17 @@ Simulation Metadata
66----------------------
77 GEOPHIRES Version: 3.13.1
88 Simulation Date: 2026-04-19
9- Simulation Time: 07:42
10- Calculation Time: 0.522 sec
9+ Simulation Time: 08:13
10+ Calculation Time: 0.138 sec
1111
1212 ***SUMMARY OF RESULTS***
1313
1414 End-Use Option: Electricity
15- Average Net Electricity Production: 2.10 MW
16- Electricity breakeven price: 30.27 cents/kWh
15+ Average Net Electricity Production: 1.94 MW
16+ Electricity breakeven price: 107.03 cents/kWh
1717 Number of production wells: 1
1818 Number of injection wells: 1
19- Flowrate per production well: 41 .0 kg/sec
19+ Flowrate per production well: 36 .0 kg/sec
2020 Well depth: 2.3 kilometer
2121 Geothermal gradient: 74 degC/km
2222
@@ -25,15 +25,15 @@ Simulation Metadata
2525
2626 Economic Model = BICYCLE
2727 Accrued financing during construction: 5.00 %
28- Inflation costs during construction: 1.41 MUSD
29- Project lifetime: 10 yr
28+ Inflation costs during construction: 1.33 MUSD
29+ Project lifetime: 2 yr
3030 Capacity factor: 90.0 %
31- Project NPV: -16.16 MUSD
32- Project IRR: -7.79 %
33- Project VIR=PI=PIR: 0.43
34- Project MOIC: -0.29
31+ Project NPV: -24.01 MUSD
32+ Project IRR: -73.48 %
33+ Project VIR=PI=PIR: 0.10
34+ Project MOIC: -0.84
3535 Project Payback Period: N/A
36- Estimated Jobs Created: 6
36+ Estimated Jobs Created: 5
3737
3838 ***ENGINEERING PARAMETERS***
3939
@@ -42,10 +42,10 @@ Simulation Metadata
4242 Well depth: 2.3 kilometer
4343 Water loss rate: 30.0 %
4444 Pump efficiency: 80.0 %
45- Injection temperature: 54.7 degC
45+ Injection temperature: 54.8 degC
4646 Production Wellbore heat transmission calculated with Ramey's model
47- Average production well temperature drop: 3.8 degC
48- Flowrate per production well: 41 .0 kg/sec
47+ Average production well temperature drop: 5.2 degC
48+ Flowrate per production well: 36 .0 kg/sec
4949 Injection well casing ID: 7.000 in
5050 Production well casing ID: 7.000 in
5151 Number of times redrilling: 0
@@ -79,18 +79,18 @@ Simulation Metadata
7979
8080 ***RESERVOIR SIMULATION RESULTS***
8181
82- Maximum Production Temperature: 175.7 degC
83- Average Production Temperature: 174.4 degC
84- Minimum Production Temperature: 165.4 degC
85- Initial Production Temperature: 173.5 degC
86- Average Reservoir Heat Extraction: 20.58 MW
82+ Maximum Production Temperature: 174.8 degC
83+ Average Production Temperature: 174.2 degC
84+ Minimum Production Temperature: 172.7 degC
85+ Initial Production Temperature: 172.7 degC
86+ Average Reservoir Heat Extraction: 18.02 MW
8787 Production Wellbore Heat Transmission Model = Ramey Model
88- Average Production Well Temperature Drop: 3.8 degC
89- Total Average Pressure Drop: 11989.9 kPa
90- Average Injection Well Pressure Drop: 537.6 kPa
91- Average Reservoir Pressure Drop: 12914.1 kPa
92- Average Production Well Pressure Drop: 342.2 kPa
93- Average Buoyancy Pressure Drop: -1804.0 kPa
88+ Average Production Well Temperature Drop: 5.2 degC
89+ Total Average Pressure Drop: 10197.1 kPa
90+ Average Injection Well Pressure Drop: 415.9 kPa
91+ Average Reservoir Pressure Drop: 11339.2 kPa
92+ Average Production Well Pressure Drop: 264.6 kPa
93+ Average Buoyancy Pressure Drop: -1822.6 kPa
9494
9595
9696 ***CAPITAL COSTS (M$)***
@@ -101,52 +101,44 @@ Simulation Metadata
101101 Drilling and completion costs per vertical injection well: 3.02 MUSD
102102 Drilling and completion costs per non-vertical section: 1.80 MUSD
103103 Stimulation costs: 1.51 MUSD
104- Surface power plant costs: 11.34 MUSD
105- Field gathering system costs: 1.60 MUSD
106- Total surface equipment costs: 12.94 MUSD
107- Total capital costs: 28.21 MUSD
104+ Surface power plant costs: 9.91 MUSD
105+ Field gathering system costs: 1.50 MUSD
106+ Total surface equipment costs: 11.40 MUSD
107+ Total capital costs: 26.67 MUSD
108108
109109
110110 ***OPERATING AND MAINTENANCE COSTS (M$/yr)***
111111
112- Wellfield maintenance costs: 0.21 MUSD/yr
113- Power plant maintenance costs: 0.45 MUSD/yr
114- Water costs: 0.32 MUSD/yr
115- Total operating and maintenance costs: 0.98 MUSD/yr
112+ Wellfield maintenance costs: 0.19 MUSD/yr
113+ Power plant maintenance costs: 0.36 MUSD/yr
114+ Water costs: 0.28 MUSD/yr
115+ Total operating and maintenance costs: 0.83 MUSD/yr
116116
117117
118118 ***SURFACE EQUIPMENT SIMULATION RESULTS***
119119 Initial geofluid availability: 0.15 MW/(kg/s)
120- Maximum Total Electricity Generation: 2.97 MW
121- Average Total Electricity Generation: 2.91 MW
122- Minimum Total Electricity Generation: 2.52 MW
123- Initial Total Electricity Generation: 2.87 MW
124- Maximum Net Electricity Generation: 2.16 MW
125- Average Net Electricity Generation: 2.10 MW
126- Minimum Net Electricity Generation: 1.69 MW
127- Initial Net Electricity Generation: 2.06 MW
128- Average Annual Total Electricity Generation: 22.95 GWh
129- Average Annual Net Electricity Generation: 16.54 GWh
130- Initial pumping power/net installed power: 39.43 %
131- Average Pumping Power: 0.81 MW
132- Heat to Power Conversion Efficiency: 10.19 %
120+ Maximum Total Electricity Generation: 2.57 MW
121+ Average Total Electricity Generation: 2.55 MW
122+ Minimum Total Electricity Generation: 2.49 MW
123+ Initial Total Electricity Generation: 2.49 MW
124+ Maximum Net Electricity Generation: 1.96 MW
125+ Average Net Electricity Generation: 1.94 MW
126+ Minimum Net Electricity Generation: 1.88 MW
127+ Initial Net Electricity Generation: 1.88 MW
128+ Average Annual Total Electricity Generation: 20.10 GWh
129+ Average Annual Net Electricity Generation: 15.31 GWh
130+ Initial pumping power/net installed power: 32.25 %
131+ Average Pumping Power: 0.61 MW
132+ Heat to Power Conversion Efficiency: 10.77 %
133133
134134 ************************************************************
135135 * HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE *
136136 ************************************************************
137137 YEAR THERMAL GEOFLUID PUMP NET FIRST LAW
138138 DRAWDOWN TEMPERATURE POWER POWER EFFICIENCY
139139 (degC) (MW) (MW) (%)
140- 1 1.0000 173.51 0.8118 2.0586 10.0774
141- 2 1.0088 175.03 0.8112 2.1275 10.2825
142- 3 1.0106 175.35 0.8111 2.1418 10.3248
143- 4 1.0116 175.51 0.8110 2.1493 10.3467
144- 5 1.0122 175.62 0.8110 2.1543 10.3612
145- 6 1.0126 175.70 0.8110 2.1578 10.3714
146- 7 1.0127 175.71 0.8110 2.1583 10.3728
147- 8 1.0112 175.45 0.8115 2.1459 10.3359
148- 9 1.0044 174.27 0.8134 2.0912 10.1714
149- 10 0.9858 171.04 0.8184 1.9430 9.7127
140+ 1 1.0000 172.75 0.6074 1.8834 10.5805
141+ 2 1.0099 174.46 0.6069 1.9508 10.8030
150142
151143
152144 *******************************************************************
@@ -155,16 +147,8 @@ Simulation Metadata
155147 YEAR ELECTRICITY HEAT RESERVOIR PERCENTAGE OF
156148 PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED
157149 (GWh/year) (GWh/year) (10^15 J) (%)
158- 1 16.6 162.4 6.61 8.12
159- 2 16.8 163.4 6.02 16.29
160- 3 16.9 163.7 5.44 24.48
161- 4 17.0 163.9 4.85 32.68
162- 5 17.0 164.0 4.25 40.88
163- 6 17.0 164.0 3.66 49.09
164- 7 17.0 163.9 3.07 57.28
165- 8 16.7 163.0 2.49 65.44
166- 9 16.0 160.2 1.91 73.45
167- 10 14.4 154.2 1.36 81.17
150+ 1 15.2 141.6 6.69 7.09
151+ 2 15.4 142.6 6.17 14.22
168152
169153
170154 ********************************
@@ -174,14 +158,6 @@ Year Electricity | Heat |
174158Since 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
175159Start (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)
176160________________________________________________________________________________________________________________________________________________________________________________________
177- 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 -28.21 -28.21
178- 1 15.00 2.49 2.49 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.98 1.51 -26.70
179- 2 15.00 2.53 5.01 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.98 1.54 -25.16
180- 3 15.41 2.61 7.62 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.98 1.63 -23.53
181- 4 15.81 2.68 10.30 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.98 1.70 -21.83
182- 5 16.22 2.76 13.06 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.98 1.78 -20.05
183- 6 16.62 2.83 15.89 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.98 1.85 -18.21
184- 7 17.03 2.89 18.78 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.98 1.91 -16.30
185- 8 17.43 2.92 21.70 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.98 1.94 -14.36
186- 9 17.84 2.85 24.55 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.98 1.87 -12.49
187- 10 18.24 2.63 27.17 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.98 1.65 -10.84
161+ 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 -26.67 -26.67
162+ 1 15.00 2.28 2.28 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.83 1.45 -25.22
163+ 2 15.00 2.32 4.59 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 0.83 1.49 -23.73
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