Economic Model

The ThermoGIS economic model is based on a cashflow calculation which determines the levelized costs of net geothermal converted energy in ct/kWh and NPV (million€). The economic model takes as input the gross power outcome of the DoubletCalc calculation and converts this to net power, in agreement with either the direct heat, heat pump, Chiller or ORC scenario as described above. The subsurface setting of the reservoir, pumping power requirements, production parameters and net power produced are used to determine the CAPEX and OPEX for the lifetime of the project.

well costs and plant costs These include well and plant construction Capital Expenditure (CAPEX) and operating and maintenance costs (OPEX)

economic assumptions These include assumptions on lifetime, tax, depreciation, the discount rate, inflation rate, and other economic parameters used in the UTC calculation.