Philosophies of Geofluid Valuation
- Key words
- Makeup drilling; net present value; geothermal fluid cost
- Conference
- Geothermal Resources Council Transactions
- Year
- 2013
- Session
- Drilling; Economics; Financing; Risk management
- Language
- English
Abstract
Developers, designers, and operators of geothermal plants often face decisions where investments in equipment can result in variations in the amount of geothermal fluid required. The incremental value of geofluid utilization, either on a rate or per mass basis, must be assigned to appropriately evaluate investments. This study discusses several alternatives for determining values for use in decision making, with options varying in the complexity of analysis required.
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