LAKEVIEW GEOTHERMAL POWER GENERATION FACILITY FEASIBILITY

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LAKEVIEW GEOTHERMAL POWER GENERATION FACILITY FEASIBILITY ( lakeview-geothermal-power-generation-facility-feasibility )

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Annual estimated maintenance costs associated with well water cooling systems is $1,050 for the pump and piping. Conclusion on Cooling Options A summary of the costs for the annual electricity production associated with the three options appear in the following table. Option Well Water Open Towers Closed Towers Capital Cost 59,000 133,000 190,000 Maintenance Cost 1,050 3,450 5,450 Treatment Cost 0 5,000 3,000 Annual Electricity 884,000 1,050,000 851,000 Table 5 Cooling Options – Summary Data The chemical treatment costs for the tower options shown in Table 5 are preliminary estimates. Actual water treatment costs would depend on water chemistry. Should tower options remain under consideration, a vendor quote will be secured based on actual water chemistry to determine treatment costs. The open tower option offers the prospect of approximately 19% greater annual electricity production than the well water option but this must be judged against the other factors associated with the option. The table data suggests a simple payback on the capital cost for the open tower option would be approximately 24.3 years [($133,000- $59,000)/((166,000 x 0.0629$/kWh)-($8450-$1050))] using the year one electricity rate of 0.0629 $/kWh. In addition to cost considerations, elimination of cooling towers also eliminates concerns associated with vapor plume and visibility issues along with the potential for legionella growth and dispersion from the towers. These are secondary issues in most applications but can have a substantial impact on potential liability for the owner depending on tower placement with respect to roads and population groups. Cooling Water The 100% well water cooling may be the best option even though the power quantity is lower. Final design considerations may result in different power outputs due to further analysis of the generators. Lakeview Geothermal Power Generation Facility Feasibility Study 12

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