Fervo_Project_Cape.out

                               *****************
                               ***CASE REPORT***
                               *****************

Simulation Metadata
----------------------
 GEOPHIRES Version: 3.7.23
 Simulation Date: 2025-03-10
 Simulation Time:  10:42
 Calculation Time:      0.678 sec

                           ***SUMMARY OF RESULTS***

      End-Use Option: Electricity
      Average Net Electricity Production:                    88.50 MW
      Electricity breakeven price:                            8.72 cents/kWh
      Number of production wells:                            12
      Number of injection wells:                             12
      Flowrate per production well:                          98.0 kg/sec
      Well depth:                                             2.6 kilometer
      Geothermal gradient:                                     73 degC/km


                           ***ECONOMIC PARAMETERS***

      Economic Model  = BICYCLE
      Accrued financing during construction:                  5.00
      Project lifetime:                                      15 yr
      Capacity factor:                                       90.0 %
      Project NPV:                                         520.01 MUSD
      Project IRR:                                          21.00 %
      Project VIR=PI=PIR:                                    2.08
      Project MOIC:                                          1.88
      Project Payback Period:                                5.67 yr
      Estimated Jobs Created:                                 226

                          ***ENGINEERING PARAMETERS***

      Number of Production Wells:                            12
      Number of Injection Wells:                             12
      Well depth:                                             2.6 kilometer
      Water loss rate:                                        2.0
      Pump efficiency:                                       80.0 %
      Injection temperature:                                 56.2 degC
      Production Wellbore heat transmission calculated with Ramey's model
      Average production well temperature drop:               1.9 degC
      Flowrate per production well:                          98.0 kg/sec
      Injection well casing ID:                               8.000 in
      Production well casing ID:                              8.000 in
      Number of times redrilling:                             0
      Power plant type:                                       Supercritical ORC


                         ***RESOURCE CHARACTERISTICS***

      Maximum reservoir temperature:                        400.0 degC
      Number of segments:                                     1
      Geothermal gradient:                                        73 degC/km


                           ***RESERVOIR PARAMETERS***

      Reservoir Model = Multiple Parallel Fractures Model
      Bottom-hole temperature:                              199.13 degC
      Fracture model = Rectangular
      Well separation: fracture height:                     300.00 meter
      Fracture width:                                                2400.00 meter
      Fracture area:                                     720000.00 m**2
      Reservoir volume calculated with fracture separation and number of fractures as input
      Number of fractures:                                  100.00
      Fracture separation:                                   15.00 meter
      Reservoir volume:                              1069200000 m**3
      Reservoir impedance:                                  0.0100 GPa.s/m**3
      Reservoir density:                                   2800.00 kg/m**3
      Reservoir thermal conductivity:                         2.70 W/m/K
      Reservoir heat capacity:                             1000.00 J/kg/K


                           ***RESERVOIR SIMULATION RESULTS***

      Maximum Production Temperature:                       197.2 degC
      Average Production Temperature:                       193.7 degC
      Minimum Production Temperature:                       172.9 degC
      Initial Production Temperature:                       195.9 degC
      Average Reservoir Heat Extraction:                    676.81 MW
      Production Wellbore Heat Transmission Model = Ramey Model
      Average Production Well Temperature Drop:               1.9 degC
      Total Average Pressure Drop:                        11791.7 kPa
      Average Injection Well Pressure Drop:                1038.6 kPa
      Average Reservoir Pressure Drop:                    12337.1 kPa
      Average Production Well Pressure Drop:               1100.8 kPa
      Average Buoyancy Pressure Drop:                     -2684.7 kPa


                          ***CAPITAL COSTS (M$)***

         Drilling and completion costs:                     115.20 MUSD
         Drilling and completion costs per well:              4.80 MUSD
         Stimulation costs:                                  10.00 MUSD
         Surface power plant costs:                         334.63 MUSD
         Field gathering system costs:                       23.00 MUSD
         Total surface equipment costs:                     357.63 MUSD
         Exploration costs:                                   0.00 MUSD
      Total capital costs:                                  482.83 MUSD


                ***OPERATING AND MAINTENANCE COSTS (M$/yr)***

         Wellfield maintenance costs:                         2.06 MUSD/yr
         Power plant maintenance costs:                       7.06 MUSD/yr
         Water costs:                                         0.62 MUSD/yr
      Total operating and maintenance costs:                  9.74 MUSD/yr


                           ***SURFACE EQUIPMENT SIMULATION RESULTS***

      Initial geofluid availability:                          0.18 MW/(kg/s)
      Maximum Total Electricity Generation:                 111.10 MW
      Average Total Electricity Generation:                 106.32 MW
      Minimum Total Electricity Generation:                  78.86 MW
      Initial Total Electricity Generation:                 109.33 MW
      Maximum Net Electricity Generation:                    93.42 MW
      Average Net Electricity Generation:                    88.50 MW
      Minimum Net Electricity Generation:                    60.25 MW
      Initial Net Electricity Generation:                    91.64 MW
      Average Annual Total Electricity Generation:          837.66 GWh
      Average Annual Net Electricity Generation:            697.19 GWh
      Initial pumping power/net installed power:             19.31 %
      Average Pumping Power:                                 17.82 MW
      Heat to Power Conversion Efficiency:                   13.05 %

                            ************************************************************
                            *  HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE  *
                            ************************************************************
  YEAR       THERMAL               GEOFLUID               PUMP               NET               FIRST LAW
             DRAWDOWN             TEMPERATURE             POWER             POWER              EFFICIENCY
                                     (degC)               (MW)              (MW)                  (%)
   1           1.0000                195.90              17.6929           91.6401               13.3222
   2           1.0044                196.77              17.6844           92.8580               13.4160
   3           1.0053                196.94              17.6826           93.1066               13.4351
   4           1.0058                197.03              17.6817           93.2356               13.4449
   5           1.0061                197.10              17.6812           93.3206               13.4514
   6           1.0063                197.14              17.6808           93.3814               13.4561
   7           1.0064                197.16              17.6809           93.4146               13.4586
   8           1.0063                197.14              17.6827           93.3794               13.4558
   9           1.0055                196.99              17.6895           93.1598               13.4387
  10           1.0033                196.55              17.7077           92.5261               13.3891
  11           0.9983                195.57              17.7471           91.1195               13.2784
  12           0.9889                193.72              17.8205           88.4867               13.0678
  13           0.9733                190.67              17.9403           84.1709               12.7128
  14           0.9500                186.11              18.1160           77.8405               12.1687
  15           0.9183                179.90              18.3503           69.4176               11.3970


                              *******************************************************************
                              *  ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE  *
                              *******************************************************************
  YEAR             ELECTRICITY                   HEAT                RESERVOIR            PERCENTAGE OF
                    PROVIDED                   EXTRACTED            HEAT CONTENT        TOTAL HEAT MINED
                   (GWh/year)                  (GWh/year)            (10^15 J)                 (%)
   1                 728.7                      5444.9                387.93                   4.81
   2                 733.2                      5460.8                368.28                   9.63
   3                 734.6                      5465.6                348.60                  14.46
   4                 735.4                      5468.5                328.91                  19.29
   5                 736.0                      5470.5                309.22                  24.12
   6                 736.4                      5471.8                289.52                  28.96
   7                 736.4                      5472.0                269.82                  33.79
   8                 735.5                      5468.9                250.13                  38.62
   9                 732.3                      5458.1                230.48                  43.44
  10                 724.6                      5431.5                210.93                  48.24
  11                 709.0                      5377.7                191.57                  52.99
  12                 681.8                      5283.6                172.55                  57.66
  13                 640.0                      5136.7                154.06                  62.20
  14                 581.8                      4928.0                136.32                  66.55
  15                 512.0                      4670.3                119.50                  70.68


                             ********************************
                             *  REVENUE & CASHFLOW PROFILE  *
                             ********************************
Year            Electricity             |            Heat                  |           Cooling                 |         Carbon                    |          Project
Since     Price   Ann. Rev.  Cumm. Rev. |   Price   Ann. Rev.   Cumm. Rev. |  Price   Ann. Rev.   Cumm. Rev.   |   Price   Ann. Rev.   Cumm. Rev.  | OPEX    Net Rev.      Net Cashflow
Start    (cents/kWh)(MUSD/yr) (MUSD)    |(cents/kWh) (MUSD/yr)    (MUSD)   |(cents/kWh) (MUSD/yr)    (MUSD)    |(USD/lb)    (MUSD/yr)    (MUSD)    |(MUSD/yr) (MUSD/yr)    (MUSD)
________________________________________________________________________________________________________________________________________________________________________________________
  0      0.00           0.00   0.00     |    0.00     0.00         0.00    |    0.00     0.00         0.00     |    0.00     0.00         0.00     |  0.00     -482.83     -482.83
  1     15.00          109.30  109.30     |    2.50     0.00         0.00    |    2.50     0.00         0.00     |    0.00     0.00         0.00     |  9.74     99.57     -383.26
  2     15.00          109.98  219.29     |    2.50     0.00         0.00    |    2.50     0.00         0.00     |    0.00     0.00         0.00     |  9.74     100.24     -283.02
  3     15.41          113.17  332.45     |    2.50     0.00         0.00    |    2.50     0.00         0.00     |    0.00     0.00         0.00     |  9.74     103.43     -179.58
  4     15.81          116.28  448.73     |    2.50     0.00         0.00    |    2.50     0.00         0.00     |    0.00     0.00         0.00     |  9.74     106.54     -73.05
  5     16.22          119.35  568.08     |    2.50     0.00         0.00    |    2.50     0.00         0.00     |    0.00     0.00         0.00     |  9.74     109.61     36.57
  6     16.62          122.39  690.47     |    2.50     0.00         0.00    |    2.50     0.00         0.00     |    0.00     0.00         0.00     |  9.74     112.66     149.23
  7     17.03          125.39  815.86     |    2.50     0.00         0.00    |    2.50     0.00         0.00     |    0.00     0.00         0.00     |  9.74     115.65     264.88
  8     17.43          128.21  944.07     |    2.50     0.00         0.00    |    2.50     0.00         0.00     |    0.00     0.00         0.00     |  9.74     118.48     383.35
  9     17.84          130.63  1074.70     |    2.50     0.00         0.00    |    2.50     0.00         0.00     |    0.00     0.00         0.00     |  9.74     120.89     504.25
 10     18.24          132.18  1206.88     |    2.50     0.00         0.00    |    2.50     0.00         0.00     |    0.00     0.00         0.00     |  9.74     122.44     626.69
 11     18.65          132.21  1339.09     |    2.50     0.00         0.00    |    2.50     0.00         0.00     |    0.00     0.00         0.00     |  9.74     122.47     749.16
 12     19.05          129.91  1469.00     |    2.50     0.00         0.00    |    2.50     0.00         0.00     |    0.00     0.00         0.00     |  9.74     120.18     869.34
 13     19.46          124.54  1593.54     |    2.50     0.00         0.00    |    2.50     0.00         0.00     |    0.00     0.00         0.00     |  9.74     114.80     984.14
 14     19.86          115.57  1709.11     |    2.50     0.00         0.00    |    2.50     0.00         0.00     |    0.00     0.00         0.00     |  9.74     105.83     1089.97
 15     20.27          103.78  1812.89     |    2.50     0.00         0.00    |    2.50     0.00         0.00     |    0.00     0.00         0.00     |  9.74     94.04     1184.02