| Description |
1 online resource ([12] pages) : color illustrations |
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text txt rdacontent |
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computer c rdamedia |
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online resource cr rdacarrier |
| Series |
NREL/CP ; 6A20-63546 |
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Conference paper (National Renewable Energy Laboratory (U.S.)) ; 6 A 20-63546.
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| Note |
"February 2015." |
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"Presented at the Fourtieth Workshop on Geothermal Reservoir Engineering, Stanford, California, January 26-28, 2015." |
| Summary |
Geothermal exploration projects have a significant amount of risk associated with uncertainties encountered in the discovery of the geothermal resource. Two of the largest challenges for increased geothermal deployment are 1) understanding when and how to proceed in an exploration program, and 2) when to walk away from a site. Current methodologies for exploration decision-making are formulated by subjective expert opinion which can be incorrectly biased by expertise (e.g. geochemistry, geophysics), geographic location of focus, and the assumed conceptual model. The aim of this project is to develop a methodology for more objective geothermal exploration decision making at a given location, including go/no-go decision points to help developers and investors decide when to give up on a location. In this scope, two different approaches are investigated: 1) value of information analysis (VOIA) which is used for evaluating and quantifying the value of a data before they are purchased, and 2) enthalpy-based exploration targeting based on reservoir size, temperature gradient estimates, and internal rate of return (IRR). |
| Subject |
Geothermal resources -- United States.
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Geothermal engineering -- United States.
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Prospecting -- Geophysical methods.
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Geothermal engineering. (OCoLC)fst00941136
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Geothermal resources. (OCoLC)fst00941164
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Prospecting -- Geophysical methods.
(OCoLC)fst01079424
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United States. (OCoLC)fst01204155
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| Added Author |
Young, Katherine R., author.
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National Renewable Energy Laboratory (U.S.), issuing body.
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Workshop on Geothermal Reservoir Engineering (40th : 2015 : Stanford, Calif.)
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| Added Title |
Geothermal exploration decision making : preprint |
| Gpo Item No. |
0430-P-04 (online) |
| Sudoc No. |
E 9.17:NREL/CP-6 A 20-63546 |
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