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A comparison of ten models for computing the cost of hydrothermal energy is presented. This comparison involved a detailed examination of a number of technical and economic parameters of the various quantitative models with the objective of identifying the most important parameters in the...
Persistent link: https://www.econbiz.de/10009435467
A financial accounting model that incorporates physical and institutional uncertainties has been developed for geothermal projects. Among the uncertainties it can handle are well depth, flow rate, fluid temperature, and permit and construction times. The outputs of the model are cumulative...
Persistent link: https://www.econbiz.de/10009436373
The final design and economics of the Torbett-Hutchings-Smith (THS) Memorial Hospital geothermal heating system at Marlin, Texas are outlined. A brief description of the existing heating system, an overview of the geothermal retrofit, and the results of an economic analysis are included. It is...
Persistent link: https://www.econbiz.de/10009436668
The impact on a utility incorporating wind turbine generation due to wind speed sampling frequency, wind turbine performance model, and wind speed forecasting accuracy is examined. The utility analyzed in the study was the Los Angeles Department of Water and Power and the wind turbine assumed...
Persistent link: https://www.econbiz.de/10009436889
A tool is presented to quantify the risks of geothermal projects, the Geothermal Probabilistic Cost Model (GPCM). The GPCM model is used to evaluate a geothermal reservoir for a binary-cycle electric plant at Heber, California. Three institutional aspects of the geothermal risk which can shift...
Persistent link: https://www.econbiz.de/10009436921