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example_SHR-2.out
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*****************
***CASE REPORT***
*****************
Simulation Metadata
----------------------
GEOPHIRES Version: 3.7.1
Simulation Date: 2025-01-22
Simulation Time: 10:48
Calculation Time: 0.543 sec
***SUMMARY OF RESULTS***
End-Use Option: Electricity
Average Net Electricity Production: 103.74 MW
Electricity breakeven price: 3.12 cents/kWh
Number of production wells: 2
Number of injection wells: 1
Flowrate per production well: 60.0 kg/sec
Well depth: 5.0 kilometer
Geothermal gradient: 112 degC/km
Total Avoided Carbon Emissions: 7295.77 kilotonne
***ECONOMIC PARAMETERS***
Economic Model = Fixed Charge Rate (FCR)
Fixed Charge Rate (FCR): 5.00
Accrued financing during construction: 0.00
Project lifetime: 20 yr
Capacity factor: 95.0 %
Project NPV: 402.91 MUSD
Project IRR: 15.06 %
Project VIR=PI=PIR: 1.97
Project MOIC: 2.00
Project Payback Period: 7.61 yr
Estimated Jobs Created: 221
***ENGINEERING PARAMETERS***
Number of Production Wells: 2
Number of Injection Wells: 1
Well depth: 5.0 kilometer
Water loss rate: 2.0
Pump efficiency: 80.0 %
Injection temperature: 50.0 degC
Production Wellbore heat transmission calculated with Ramey's model
Average production well temperature drop: 16.7 degC
Flowrate per production well: 60.0 kg/sec
Injection well casing ID: 10.625 in
Production well casing ID: 10.625 in
Number of times redrilling: 0
Power plant type: Single-Flash
***RESOURCE CHARACTERISTICS***
Maximum reservoir temperature: 600.0 degC
Number of segments: 1
Geothermal gradient: 112 degC/km
***RESERVOIR PARAMETERS***
Reservoir Model = Multiple Parallel Fractures Model
Bottom-hole temperature: 580.00 degC
Fracture model = Square
Well separation: fracture height: 900.00 meter
Fracture area: 810000.00 m**2
Reservoir volume: 1000000000 m**3
Reservoir hydrostatic pressure: 36594.83 kPa
Plant outlet pressure: 100.00 kPa
Injectivity Index: 5.00 kg/sec/bar
Reservoir density: 2700.00 kg/m**3
Reservoir thermal conductivity: 2.70 W/m/K
Reservoir heat capacity: 1000.00 J/kg/K
***RESERVOIR SIMULATION RESULTS***
Maximum Production Temperature: 565.0 degC
Average Production Temperature: 563.3 degC
Minimum Production Temperature: 553.8 degC
Initial Production Temperature: 553.8 degC
Average Reservoir Heat Extraction: 289.56 MW
Production Wellbore Heat Transmission Model = Ramey Model
Average Production Well Temperature Drop: 16.7 degC
Average Injection Well Pump Pressure Drop: -9831.6 kPa
***CAPITAL COSTS (M$)***
Drilling and completion costs: 69.00 MUSD
Drilling and completion costs per well: 23.00 MUSD
Stimulation costs: 18.00 MUSD
Surface power plant costs: 309.88 MUSD
Field gathering system costs: 1.45 MUSD
Total surface equipment costs: 311.33 MUSD
Exploration costs: 19.06 MUSD
Total capital costs: 417.39 MUSD
Annualized capital costs: 20.87 MUSD
***OPERATING AND MAINTENANCE COSTS (M$/yr)***
Wellfield maintenance costs: 1.37 MUSD/yr
Power plant maintenance costs: 6.66 MUSD/yr
Water costs: 0.07 MUSD/yr
Total operating and maintenance costs: 5.89 MUSD/yr
***SURFACE EQUIPMENT SIMULATION RESULTS***
Initial geofluid availability: 1.62 MW/(kg/s)
Maximum Total Electricity Generation: 104.63 MW
Average Total Electricity Generation: 103.74 MW
Minimum Total Electricity Generation: 98.77 MW
Initial Total Electricity Generation: 98.77 MW
Maximum Net Electricity Generation: 104.63 MW
Average Net Electricity Generation: 103.74 MW
Minimum Net Electricity Generation: 98.77 MW
Initial Net Electricity Generation: 98.77 MW
Average Annual Total Electricity Generation: 856.31 GWh
Average Annual Net Electricity Generation: 856.31 GWh
Average Pumping Power: 0.00 MW
Heat to Power Conversion Efficiency: 35.83 %
************************************************************
* HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE *
************************************************************
YEAR THERMAL GEOFLUID PUMP NET FIRST LAW
DRAWDOWN TEMPERATURE POWER POWER EFFICIENCY
(degC) (MW) (MW) (%)
1 1.0000 553.85 0.0000 98.7693 34.7509
2 1.0103 559.54 0.0000 101.7367 35.3952
3 1.0131 561.13 0.0000 102.5761 35.5763
4 1.0146 561.95 0.0000 103.0111 35.6699
5 1.0156 562.49 0.0000 103.2982 35.7317
6 1.0163 562.89 0.0000 103.5097 35.7771
7 1.0169 563.20 0.0000 103.6757 35.8128
8 1.0173 563.45 0.0000 103.8116 35.8419
9 1.0177 563.67 0.0000 103.9261 35.8665
10 1.0181 563.85 0.0000 104.0248 35.8876
11 1.0183 564.01 0.0000 104.1112 35.9062
12 1.0186 564.16 0.0000 104.1879 35.9226
13 1.0188 564.28 0.0000 104.2568 35.9374
14 1.0191 564.40 0.0000 104.3192 35.9508
15 1.0192 564.51 0.0000 104.3762 35.9630
16 1.0194 564.60 0.0000 104.4285 35.9742
17 1.0196 564.69 0.0000 104.4768 35.9845
18 1.0197 564.78 0.0000 104.5214 35.9941
19 1.0199 564.85 0.0000 104.5628 36.0029
20 1.0200 564.93 0.0000 104.6012 36.0111
*******************************************************************
* ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE *
*******************************************************************
YEAR ELECTRICITY HEAT RESERVOIR PERCENTAGE OF
PROVIDED EXTRACTED HEAT CONTENT TOTAL HEAT MINED
(GWh/year) (GWh/year) (10^15 J) (%)
1 835.7 2380.2 1422.43 0.60
2 850.6 2396.2 1413.80 1.20
3 855.6 2401.5 1405.16 1.81
4 858.5 2404.6 1396.50 2.41
5 860.6 2406.8 1387.84 3.02
6 862.1 2408.5 1379.17 3.62
7 863.4 2409.8 1370.49 4.23
8 864.4 2410.9 1361.81 4.83
9 865.3 2411.8 1353.13 5.44
10 866.1 2412.6 1344.45 6.05
11 866.7 2413.3 1335.76 6.66
12 867.3 2414.0 1327.07 7.26
13 867.9 2414.5 1318.37 7.87
14 868.4 2415.1 1309.68 8.48
15 868.8 2415.5 1300.98 9.09
16 869.3 2416.0 1292.29 9.69
17 869.6 2416.4 1283.59 10.30
18 870.0 2416.8 1274.89 10.91
19 870.3 2417.1 1266.19 11.52
20 725.5 2014.5 1258.93 12.02
********************************
* REVENUE & CASHFLOW PROFILE *
********************************
Year Electricity | Heat | Cooling | Carbon | Project
Since Price Ann. Rev. Cumm. Rev. | Price Ann. Rev. Cumm. Rev. | Price Ann. Rev. Cumm. Rev. | Price Ann. Rev. Cumm. Rev. | OPEX Net Rev. Net Cashflow
Start (cents/kWh)(MUSD/yr) (MUSD) |(cents/kWh) (MUSD/yr) (MUSD) |(cents/kWh) (MUSD/yr) (MUSD) |(USD/tonne) (MUSD/yr) (MUSD) |(MUSD/yr) (MUSD/yr) (MUSD)
________________________________________________________________________________________________________________________________________________________________________________________
1 0.00 -417.39 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 0.00 0.00 | 0.00 -417.39 -417.39
2 6.00 44.26 50.14 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 5.89 44.26 -373.14
3 6.00 45.15 101.18 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 5.89 45.15 -327.98
4 7.20 55.72 162.78 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 5.89 55.72 -272.27
5 8.40 66.23 234.90 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 5.89 66.23 -206.04
6 9.60 76.73 317.51 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 5.89 76.73 -129.31
7 10.00 80.33 403.72 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 5.89 80.33 -48.98
8 10.00 80.45 490.06 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 5.89 80.45 31.47
9 10.00 80.56 576.50 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 5.89 80.56 112.02
10 10.00 80.64 663.03 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 5.89 80.64 192.67
11 10.00 80.72 749.64 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 5.89 80.72 273.39
12 10.00 80.79 836.31 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 5.89 80.79 354.18
13 10.00 80.85 923.05 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 5.89 80.85 435.02
14 10.00 80.90 1009.84 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 5.89 80.90 515.93
15 10.00 80.95 1096.67 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 5.89 80.95 596.88
16 10.00 81.00 1183.56 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 5.89 81.00 677.88
17 10.00 81.04 1270.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 5.89 81.04 758.92
18 10.00 81.08 1357.45 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 5.89 81.08 840.00
19 10.00 81.11 1444.45 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 5.89 81.11 921.11
20 10.00 81.15 1531.48 | 2.50 0.00 0.00 | 2.50 0.00 0.00 | 0.00 0.00 0.00 | 5.89 81.15 1002.26