2007
DOI: 10.2172/901249
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Preliminary Technical Risk Analysis for the Geothermal Technologies Program

Abstract: This report explains the goals, methods, and results of a probabilistic analysis of technical risk for a portfolio of R&D projects in the DOE Geothermal Technologies Program (The "Program"). The analysis is a task by Princeton Energy Resources International, LLC (PERI), in support of the National Renewable Energy Laboratory (NREL) on behalf of the Program. The main challenge in the analysis lies in translating R&D results to a quantitative reflection of technical risk for a key Program metric: levelized cost o… Show more

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Cited by 4 publications
(2 citation statements)
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“…Despite its importance, risk management in HT-ATES has not been addressed by past research activities, yet. Risk related research was focusing on direct geothermal utilization, addressing only specific risks such as induced seismicity (Trutnevyte & Azevedo, 2018;Mignan et al, 2015;Trutnevyte & Wiemer, 2017;Knoblauch & Trutnevyte, 2018), exploration risks (Siler et al, 2017;Robertson-Tait et al, 2015) or well integrity (Southon, 2005;McVeigh et al, 2007;Lentsch & Schubert, 2013). This was also stated by Lohne et al (2016b), who reviewed 54 studies in the course of the project " EU Horizon 2020 GeoWell".…”
Section: Introductionmentioning
confidence: 99%
“…Despite its importance, risk management in HT-ATES has not been addressed by past research activities, yet. Risk related research was focusing on direct geothermal utilization, addressing only specific risks such as induced seismicity (Trutnevyte & Azevedo, 2018;Mignan et al, 2015;Trutnevyte & Wiemer, 2017;Knoblauch & Trutnevyte, 2018), exploration risks (Siler et al, 2017;Robertson-Tait et al, 2015) or well integrity (Southon, 2005;McVeigh et al, 2007;Lentsch & Schubert, 2013). This was also stated by Lohne et al (2016b), who reviewed 54 studies in the course of the project " EU Horizon 2020 GeoWell".…”
Section: Introductionmentioning
confidence: 99%
“…Without the exploration data, McVeigh assumed the mass flow rate as 54 kg/s based on the current hydraulic fracture technology (McVeigh, et al, 2007). Augustine assumed the flow rate as 30 kg/s and 60 kg/s for the current and improved technology scenario (Augustine, et al, 2010).…”
Section: Near Hydrothermal Egs Resourcesmentioning
confidence: 99%