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938 Figure 9.17 Capacity and price relationships for EGS: predicted aggregate supply of baseload power from EGS resources using the MIT EGS, variable rate of return (VRR) model with quartet well configurations (3 producers + 1 injector), and a commercially mature flow rate of 80 kg/s per well. Chapter 9 2004 $ US 86420 10 100 1,000 10,000 100,000 EnergySector Fundamentals: Economic Analysis, Projections, and Supply Curves 12 10 EGS Capacity Scenario (MWe) Break-even Price (c/kWh) These analytical results show EGS technology becomes increasingly costcompetitive, relative to other renewable energy technologies, in three distinct and sequential phases. The first phase is an extension of capacity by improved drilling and fracturing techniques at existing sites or known resourcerich areas. This critical phase demonstrates the costeffectiveness of the new techniques, and extracts a higher fraction of the heatinplace as a function of greater rates of flow in stimulated areas and more efficient heat conversion at the surface. The second phase involves further extension of the new drilling techniques and power conversion into areas with heat resources outside the limits of current technology and, therefore, left unexploited in the past two decades. Extracting power and heat from this resource will significantly increase the contribution to the power grid, because it will involve expansion to areas in close proximity to power transmission facilities. The third phase will exploit the full potential of geothermal resources in virtually every region of the United States. This phase will reach areas that will necessitate new drilling technologies, new fracturing and stimulation techniques, new control technologies, and a new generation of power conversion systems for power extraction.PDF Image | Energy Sector Fundamentals
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