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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33. Costs for this important part of the project development are, for example for a 50 MW power plant unit on a turnkey basis, in the range of US$ 1 to 2 million per MW installed. This does not include the transmission line and substation, which are needed to connect the power plant to the grid, nor the Fluid Conduction and Reinjection System (FCRS), since costs for these issues can vary infinitely from installation to installation. Figure 19: Krafla 60 MW Geothermal Power Plant in Landsvirkjun, Iceland 34. Phase 7, the Start-up and Commissioning of the power plant is a contractual issue of the power plant sales contract. The power plant engineering and constructing company, often as an EPC contractor get their guarantees back as soon as the plant passes the minimum performance conditions as determined in the contract. The exact fine tuning of the power plant and all other equipment, including the pressures from the wells etc., can take several months to complete. Costs for this phase are part of the investments for the previous phase. 35. Phase 8, Operation and Maintenance (O&M), can be divided into the O&M for the steam field (wells, pipelines, infrastructure, etc.) and the O&M of the power plant (turbine, generator, cooling system, substation, etc.). 65

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