| Abstract |
The goal of this work is to estimate the potential impact of proposed new Diagnostics-While-Drilling technology on the cost of electricity (COE) produced with geothermal energy. A cost model that predicts the COE was developed and exercised over the range of conditions found for geothermal plants in flashed-steam, binary, and enhanced-reservoir (e.g., Hot Dry Rock) applications. The calculations were repeated assuming that DWD technology is available to reduce well costs and improve well productivity. The results indicate that DWD technology would reduce the geothermal COE by 2-31%, depending on well depth, well productivity, and the type of geothermal reservoir. For instance, for a typical 50-MW, flashed-steam geothermal power plant employing 3-MW wells, 1,829 m (6,000 ft) deep, the model predicts an electricity cost of 4.9 cents/kWh. With the DWD technology envisioned, the electricity cost could be reduced by nearly 20%, to less than 4 cents/kWh. Such a reduction in the cost of electricity would give geothermal power a competitive edge over other types of power at many locations across the U.S. and around the world. It is thus believed that DWD technology could significantly expand the role of geothermal energy in providing efficient, environment-friendly electric generating capacity. |