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• 1. [Image] Electricity from Hot Dry Rock Geothermal Energy: Technical and Economic Issues

  	Extraction of energy from hot dry rock would make available a nearly unlimited energy source. Some of the technical problems and possible economic tradeoffs involved in a power generating system are examined ...
  	Citation × Citation Citation Abstract Copy Title: Electricity from Hot Dry Rock Geothermal Energy: Technical and Economic Issues Author: Tester, J.W. Year: 1979 Extraction of energy from hot dry rock would make available a nearly unlimited energy source. Some of the technical problems and possible economic tradeoffs involved in a power generating system are examined and possible solutions proposed. An intertemporal optimization computer model of electricity production from a hot dry rock geothermal source has been constructed. The effects of reservoir degradation, variable fluid flow rate, and drilling operations are examined to determine optimal strategies for reservoir management and necessary conditions for economic feasibility Title: Electricity from Hot Dry Rock Geothermal Energy: Technical and Economic Issues Author: Tester, J.W. Year: 1979 Extraction of energy from hot dry rock would make available a nearly unlimited energy source. Some of the technical problems and possible economic tradeoffs involved in a power generating system are examined and possible solutions proposed. An intertemporal optimization computer model of electricity production from a hot dry rock geothermal source has been constructed. The effects of reservoir degradation, variable fluid flow rate, and drilling operations are examined to determine optimal strategies for reservoir management and necessary conditions for economic feasibility Close

• 2. [Image] Economic factors relevant for electric power produced from hot dry rock geothermal resources: a case study for the Fenton Hill, New Mexico, area

  	The case study described here concerns an HDR system which provides geothermal fluids for a hypothetical electric plant located in the Fenton Hill area in New Mexico's Jemez Mountains. Primary concern ...
  	Citation × Citation Citation Abstract Copy Title: Economic factors relevant for electric power produced from hot dry rock geothermal resources: a case study for the Fenton Hill, New Mexico, area Author: Cummings, R.G Year: 1979 The case study described here concerns an HDR system which provides geothermal fluids for a hypothetical electric plant located in the Fenton Hill area in New Mexico's Jemez Mountains. Primary concern is focused on the implications of differing drilling conditions, as reflected by costs, and differing risk environments for the potential commercialization of an HDR system. Drilling costs for best, medium and worst drilling conditions are taken from a recent study of drilling costs for HDR systems. Differing risk environments are represented by differing rate-of-return requirements on stocks and interest on bonds which the HDR system is assumed to pay; rate of return/interest combinations considered are 6%/3%, 9%/6%, 12%/9% and 15%/12%. The method of analysis used here is that of determining the minimum busbar cost for electricity for this case study wherein all costs are expressed in annual equivalent terms. The minimum cost design for the electric generating plant is determined jointly with the minimum cost design for the HDR system. The interdependence between minimum cost designs for the plant and HDR system is given specific attention; the optimum design temperature for the plant is shown here to be lower than one might expect for conventional power plants - in the range 225/sup 0/ to 265/sup 0/C. Major results from the analyses of HDR-produced electricity in the Fenton Hill area are as follows. With real, inflation-free debt/equity rates of 6% and 9%, respectively, the minimum busbar cost is shown to lie in the range 18 to 29 mills/kwh. When real debt/equity rates rise to 12% and 15%, busbar costs rise to 24 to 39 mills/kwh.; DOE/ET/27017-T1 Title: Economic factors relevant for electric power produced from hot dry rock geothermal resources: a case study for the Fenton Hill, New Mexico, area Author: Cummings, R.G Year: 1979 The case study described here concerns an HDR system which provides geothermal fluids for a hypothetical electric plant located in the Fenton Hill area in New Mexico's Jemez Mountains. Primary concern is focused on the implications of differing drilling conditions, as reflected by costs, and differing risk environments for the potential commercialization of an HDR system. Drilling costs for best, medium and worst drilling conditions are taken from a recent study of drilling costs for HDR systems. Differing risk environments are represented by differing rate-of-return requirements on stocks and interest on bonds which the HDR system is assumed to pay; rate of return/interest combinations considered are 6%/3%, 9%/6%, 12%/9% and 15%/12%. The method of analysis used here is that of determining the minimum busbar cost for electricity for this case study wherein all costs are expressed in annual equivalent terms. The minimum cost design for the electric generating plant is determined jointly with the minimum cost design for the HDR system. The interdependence between minimum cost designs for the plant and HDR system is given specific attention; the optimum design temperature for the plant is shown here to be lower than one might expect for conventional power plants - in the range 225/sup 0/ to 265/sup 0/C. Major results from the analyses of HDR-produced electricity in the Fenton Hill area are as follows. With real, inflation-free debt/equity rates of 6% and 9%, respectively, the minimum busbar cost is shown to lie in the range 18 to 29 mills/kwh. When real debt/equity rates rise to 12% and 15%, busbar costs rise to 24 to 39 mills/kwh.; DOE/ET/27017-T1 Close