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Performance measures in geothermal power developements

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  • Varney, Josephine
  • Zarrouk, Sadiq J.
  • Bean, Nigel
  • Bendall, Betina

Abstract

Geothermal resource assessment requires several input parameters at a time when field information is normally very limited. The power plant efficiency is an important parameter as it affects investment cost and profit. However, there is significant debate in the geothermal industry on the appropriate performance measure to implement. In this paper we attempt to determine the best performance measures for financial decision making during the exploration stage of geothermal power developments. We compare and contrast current performance measures commonly used by the geothermal industry. This includes thermal efficiency, geothermal brine effectiveness, utilisation efficiency and enthalpy efficiency.

Suggested Citation

  • Varney, Josephine & Zarrouk, Sadiq J. & Bean, Nigel & Bendall, Betina, 2017. "Performance measures in geothermal power developements," Renewable Energy, Elsevier, vol. 101(C), pages 835-844.
    • Handle: RePEc:eee:renene:v:101:y:2017:i:c:p:835-844
    DOI: 10.1016/j.renene.2016.09.046
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    Cited by:

    1. Alessandro Franco & Maurizio Vaccaro, 2020. "Sustainable Sizing of Geothermal Power Plants: Appropriate Potential Assessment Methods," Sustainability, MDPI, vol. 12(9), pages 1-19, May.
    2. Santos, Marllen & González, Mario, 2019. "Factors that influence the performance of wind farms," Renewable Energy, Elsevier, vol. 135(C), pages 643-651.
    3. Ciriaco, Anthony E. & Zarrouk, Sadiq J. & Zakeri, Golbon, 2020. "Geothermal resource and reserve assessment methodology: Overview, analysis and future directions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 119(C).
    4. Spittler, Nathalie & Shafiei, Ehsan & Davidsdottir, Brynhildur & Juliusson, Egill, 2020. "Modelling geothermal resource utilization by incorporating resource dynamics, capacity expansion, and development costs," Energy, Elsevier, vol. 190(C).

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