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Supercritical Carbon Dioxide Circulated EGS Combined with IGCC in New Mexico also be used to produce liquid fuels which may pose to be a more economically viable option over producing electricity if the price of oil continues to rise. The final present worth of the project over the 30 year lifetime is between $3 billion and over $5.5 billion as determined by the NPV method of analysis. This results in a return on investment (ROI) of 91% to 223% calculated by the following equation: 6.3 10.0 Conclusions: The synergy between scCO2 EGS and IGCC provides an approach to develop geothermal resources in arid regions throughout New Mexico. While the IGCC process does require water to produce electricity, a very scarce commodity in the desert southwest, it maximizes the energy that is created from it. The 38,000 gpd or 180 kg/s of water that is required for the EGS/IGCC plant provides an estimated 700MW of power delivered to the grid instead of approximately 90MW to the grid if only water was used within the EGS system. The specific location of the site is also equally attractive for delivering electricity to market. Short transmission distances to Albuquerque, NM and Andrews AFB provide strategic, secure, and reliable electricity with minimal transmission losses. This is in line with current DOE and DOD directives and could very well spur economic growth in and around Albuquerque, NM. To realize the full potential of the next-generation coal-based power plants substantial governmental incentives, low cost loans, and continued governmental interest are necessities if carbon dioxide emissions are to be reduced by significant levels. Equally important is the necessity of created informed communities around the proposed power plants. By educating the surrounding communities of the benefits and risks that are associated with the plants, will allow for informed discussions and conclusive solutions to issues that will arise during this energy project. It is critical to provide facts before facts are fabricated and unrealistic fears spread to the community which will stop any project. The economic assessment of the project estimates that in the worst case scenario (no increase in electricity and CCS government funds are unavailable) the system will pay for itself in 8th year of operation. In this case the final present worth of the project over the 30 year lifetime is would be $3 billion and have an ROI of 91%. The best Penn State University | 10.0 Conclusions: 121PDF Image | GREAT NECK WATER POLLUTION CONTROL DISTRICT NASSAU COUNTY, NEW YORK MICROTURBINE INSTALLATION FEASIBILITY STUDY
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