Performance, Cost, and Financial Parameters of Geothermal District Heating Systems for Market Penetration Modeling under Various Scenarios
The U.S. Department of Energy Geothermal Vision (GeoVision) Study is currently looking at the potential to increase geothermal deployment in the U.S. and to understand the impact of this increased deployment. This paper reviews 31 performance, cost, and financial parameters as input for numerical simulations describing GDH system deployment in support of the GeoVision effort. The focus is on geothermal district heating (GDH) systems using hydrothermal and Enhanced Geothermal System resources in the U.S.; ground-source heat pumps and heat-to-electricity conversion technology were excluded.
Parameters investigated include:
1) capital and operation and maintenance costs for both subsurface and surface equipment;
2) performance factors such as resource recovery factors, well flow rates, and system efficiencies; and
3) financial parameters such as inflation, interest, and tax rates.
Current values as well as potential future improved values under various scenarios are presented. Sources of data considered include academic and popular literature, software tools such as GETEM and GEOPHIRES, industry interviews, and analysis conducted by other task forces for the GeoVision Study, e.g., on the drilling costs and reservoir performance.
Citation Formats
TY - DATA
AB - The U.S. Department of Energy Geothermal Vision (GeoVision) Study is currently looking at the potential to increase geothermal deployment in the U.S. and to understand the impact of this increased deployment. This paper reviews 31 performance, cost, and financial parameters as input for numerical simulations describing GDH system deployment in support of the GeoVision effort. The focus is on geothermal district heating (GDH) systems using hydrothermal and Enhanced Geothermal System resources in the U.S.; ground-source heat pumps and heat-to-electricity conversion technology were excluded.
Parameters investigated include:
1) capital and operation and maintenance costs for both subsurface and surface equipment;
2) performance factors such as resource recovery factors, well flow rates, and system efficiencies; and
3) financial parameters such as inflation, interest, and tax rates.
Current values as well as potential future improved values under various scenarios are presented. Sources of data considered include academic and popular literature, software tools such as GETEM and GEOPHIRES, industry interviews, and analysis conducted by other task forces for the GeoVision Study, e.g., on the drilling costs and reservoir performance.
AU - Beckers, Koenraad
A2 - Young, Katherine R.
DB - Open Energy Data Initiative (OEDI)
DP - Open EI | National Renewable Energy Laboratory
DO -
KW - geothermal
KW - energy
KW - direct-use
KW - district heating
KW - EGS
KW - GDH
KW - enhanced
KW - engineered
KW - GeoVision
KW - hydrothermal
KW - economic
KW - financial
KW - operation and maintenance
KW - OM
KW - cost
KW - performance
KW - deployment
KW - market
LA - English
DA - 2017/03/23
PY - 2017
PB - National Renewable Energy Laboratory
T1 - Performance, Cost, and Financial Parameters of Geothermal District Heating Systems for Market Penetration Modeling under Various Scenarios
UR - https://data.openei.org/submissions/7092
ER -
Beckers, Koenraad, and Katherine R. Young. Performance, Cost, and Financial Parameters of Geothermal District Heating Systems for Market Penetration Modeling under Various Scenarios. National Renewable Energy Laboratory, 23 March, 2017, GDR. https://gdr.openei.org/submissions/920.
Beckers, K., & Young, K. (2017). Performance, Cost, and Financial Parameters of Geothermal District Heating Systems for Market Penetration Modeling under Various Scenarios. [Data set]. GDR. National Renewable Energy Laboratory. https://gdr.openei.org/submissions/920
Beckers, Koenraad and Katherine R. Young. Performance, Cost, and Financial Parameters of Geothermal District Heating Systems for Market Penetration Modeling under Various Scenarios. National Renewable Energy Laboratory, March, 23, 2017. Distributed by GDR. https://gdr.openei.org/submissions/920
@misc{OEDI_Dataset_7092,
title = {Performance, Cost, and Financial Parameters of Geothermal District Heating Systems for Market Penetration Modeling under Various Scenarios},
author = {Beckers, Koenraad and Young, Katherine R.},
abstractNote = {The U.S. Department of Energy Geothermal Vision (GeoVision) Study is currently looking at the potential to increase geothermal deployment in the U.S. and to understand the impact of this increased deployment. This paper reviews 31 performance, cost, and financial parameters as input for numerical simulations describing GDH system deployment in support of the GeoVision effort. The focus is on geothermal district heating (GDH) systems using hydrothermal and Enhanced Geothermal System resources in the U.S.; ground-source heat pumps and heat-to-electricity conversion technology were excluded.
Parameters investigated include:
1) capital and operation and maintenance costs for both subsurface and surface equipment;
2) performance factors such as resource recovery factors, well flow rates, and system efficiencies; and
3) financial parameters such as inflation, interest, and tax rates.
Current values as well as potential future improved values under various scenarios are presented. Sources of data considered include academic and popular literature, software tools such as GETEM and GEOPHIRES, industry interviews, and analysis conducted by other task forces for the GeoVision Study, e.g., on the drilling costs and reservoir performance.
},
url = {https://gdr.openei.org/submissions/920},
year = {2017},
howpublished = {GDR, National Renewable Energy Laboratory, https://gdr.openei.org/submissions/920},
note = {Accessed: 2025-05-07}
}
Details
Data from Mar 23, 2017
Last updated May 20, 2024
Submitted Mar 23, 2017
Organization
National Renewable Energy Laboratory
Contact
Koenraad Beckers
303.275.3158
Authors
Original Source
https://gdr.openei.org/submissions/920Research Areas
Keywords
geothermal, energy, direct-use, district heating, EGS, GDH, enhanced, engineered, GeoVision, hydrothermal, economic, financial, operation and maintenance, OM, cost, performance, deployment, marketDOE Project Details
Project Name Geothermal Vision Study - Direct Use
Project Lead Arlene Anderson
Project Number FY17 AOP 4.6.8.3