Economic Evaluation of Power Production from a Geothermal Reservoir

Abstract

The economic value of any subterranean geothermal reservoir is not only a function of its quality (heat, quantity and dept) but also a function of the local surface ambiance.
Factors like the temperature of the environment and its fluctuation; the population in the area and its density have direct effects on the reservoir's value. Additional benefits such as tourism, potential industrial uses and balneology can also play a significant role.
Prices of electrical energy and heat are also included in the evaluation and the possibility to produce one with the other.
With sustainable usage of the reservoir as a principal condition, evaluation from environmental, social and economical viewpoint is considered.
The end result is a monetary evaluation of the reservoir in light of the surface parameters in addition to heat, dept to reservoir and likely yield for each well.