| Title | Tabulated Database of LCOE and LCOH for Hot-Dry-Rock Closed Loop Geothermal Systems |
|---|---|
| Authors | Koenraad BECKERS, Yaroslav VASYLIV, Gabriela A. BRAN-ANLEU, Mario MARTINEZ, Mark WHITE, Closed Loop Geothermal Working Group |
| Year | 2023 |
| Conference | Stanford Geothermal Workshop |
| Keywords | closed-loop geothermal, hot-dry rock, LCOE, LCOH, u-tube, co-axial, sCO2, techno-economic analysis, tabulated database |
| Abstract | To better understand the heat production, electricity generation performance, and economic viability of closed-loop geothermal systems in hot-dry rock, the Closed-Loop Geothermal Working Group—a consortium of several national labs and academic institutions—has tabulated time-dependent numerical solutions and levelized cost results of two popular closed-loop heat exchanger designs (u-tube and co-axial). The heat exchanger designs were evaluated for two working fluids (water and supercritical CO2) while varying seven continuous independent parameters of interest (mass flow rate, vertical depth, horizontal extent, borehole diameter, formation gradient, formation conductivity, and injection temperature). The corresponding numerical solutions (approximately 1.2 million per heat exchanger design) are stored as multi-dimensional HDF5 datasets and can be queried at off-grid points using multi-dimensional linear interpolation. A Python scrpt was developed to query this database and estimate time-dependent electricity generation using an organic Rankine cycle (for water) or direct turbine expansion cycle (for CO2) and perform a cost assessment. This document aims to give an overview of the HDF5 database file and highlights how to read, visualize, and query quantities of interest (e.g., levelized cost of electricity, levelized cost of heat) using the accompanying Python scrpts. Details regarding the capital, operation, and maintenance and levelized cost calculation using the techno-economic analysis scrpt are provided. |