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Chapter 1 Synopsis and Executive Summary Competitive Market Price 10 EGS Break-Even Price 100000 132 987 EGS Capacity Scenario 80000 65 60000 43 (a) MIT EGS model results 40000 21 Year 20000 05 10 15 20 25 30 35 40 45 500 Competitive Market Price 10 EGS Break-Even Price 100000 987 EGS Capacity Scenario 80000 65 60000 43 (b) GETEM model results 40000 21 Year 20000 05 10 15 20 25 30 35 40 45 500 Figure 1.16 Levelized breakeven COE using (a) MIT EGS and (b) GETEM for the 100,000 MW – 50year scenario using a fixedcharge rate of 12.8% per the NEMS model. Flow rate per production well (in a triplet configuration – 1 injector, 2 producers) follows the 60 kg/s learning curve. Thermal drawdown is 3%/yr resulting in complete redrilling and restimulation of the system, with a vertical spacing between stacked reservoirs of 1 km after ~6 years of operation. Resulting absorbed technology deployment costs are (a) $368 million and (b) $394 million (U.S. 2004). Break-Even Price (c/kWh) Break-Even Price (c/kWh)PDF Image | Synopsis and Executive Summary
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