Drilling Down on Geothermal Potential Central America

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Drilling Down on Geothermal Potential Central America ( drilling-down-geothermal-potential-central-america )

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Figure 15: Schematic of a Typical binary power plant, ORC or Kalina Source: Modified from Dickson & Fanelli, 2004 7. There is a relatively new binary system called the Kalina cycle, which utilizes a water-ammonia mixture as working fluid; this system was developed in the 1990s and competes with the ORC described above. Both conventional and newer binary units can be produced in very small sizes, even as container module units. Small mobile plants can help in meeting the energy requirements of isolated areas and can reduce the risk inherent to drilling new wells. The standard of living of many communities could be considerably improved if they could draw on local sources of energy.27 8. New and modern geothermal power plants can have capacity factors of 90 percent or higher. With over 8,000 hours per year of operating time, geothermal power plants provide base load power which is renewable and environmentally friendly, compared to most other options for power generation. Once a geothermal power plant is up and running, not only is the fuel free, and therefore low operation costs, but it can also be used for heating and other purposes to enhance the project’s overall economic viability. Geothermal Power Plant Development Stages 9. Geothermal projects have seven key phases of project development, before the actual operation phase commences. The average timeframe necessary to develop a typical full size geothermal project will be in the range of seven years. However, depending on the relevant 27 Based on: Dickson & Fanelli, 2004 56

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