Energy­ Sector Fundamentals

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Energy­ Sector Fundamentals ( energy­-sector-fundamentals )

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Chapter 9 Energy­Sector Fundamentals: Economic Analysis, Projections, and Supply Curves Table 9.5 Levelized cost of electricity (LCOE) for six selected sites for development. Site ∂T/∂z Depth to Completion Fracture Costs LCOE Using Initial Optimized LCOE Using Name (°C/km) Granite Depth ($K) Values for Base Case Commercially Mature Poplar Dome b Clear Lake (km) |(km) (¢/kWh) Values (¢/kWh) @ @ MIT EGS GETEM MIT EGS GETEM Depth 93 l/s 180 l/s (km) East Texas 40 5 5 145 171 29.5 21.7 6.2 5.8 7.1 Basin Nampa 43 4.5 5 260 356 24.5 19.5 5.9 5.5 6.6 Three Sisters 50 3.5 5 348 450 17.5 15.7 5.2 4.9 5.1 Area Poplar Dome a 55 4 2.2 152 179 74.7 104.9 5.9 4.1 4.0 37 4 6.5 152 179 26.9 22.3 5.9 4.1 4.0 67 3 5 450 491 10.3 12.7 3.6 4.1 5.1 26 0 7 502 580 68.0 34.0 9.2 8.3 10* Conway Granite *10 km limit put on drilling depth – MITEGS LCOE reaches 7.3 ¢/kWh at 12.7 km and 350°C geofluid temperature. 9­21 We have created a series of sensitivity graphs to illustrate the sensitivity of the levelized electricity costs to eight important reservoir, capital cost, and financial parameters in the MIT EGS model. The first graph illustrates the base case itself, and the following tables illustrate the range of difference both by location and by changes in the key characteristic of flow rates.

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