Geothermal Cost - News, Trends, Geothermal Cost Links
Factors that can affect geothermal's cost
Power plant technology:Various technological parameters can affect power plant cost. These include the power conversion and cooling system type. Knowledge of the resource: Drilling costs associated with the development of a new project in a well-known field can be 37 percent lower than drilling costs of a similar project located in an "unknown" geothermal field.
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Topics : Geothermal Energy
Capital costs account for over 655 of geothermal power plant cost
In 2001, EPRI(16) estimated that capital reimbursement and associated interest account for 65% of the total cost of geothermal power. Capital costs of a combined cycle natural gas power plant, in contrast, only represents about 22% of the levelized cost of electricity produced from the plant, while the fossil fuel cost accounts for 67%.(17) - Read More
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Topics : Geothermal Energy