Doublet and economic parameters

The two tables below list the technical and economic parameters that are used in the calculations. The Calculation model section provides a more detailed explanation of these parameters and also of the depth-dependent and optimized parameters.

Technical parameters

Technical parametersValueUnit
aquifer top depthfrom mapm
aquifer thicknessfrom mapm
aquifer thickness uncertainty (SD)from mapm
aquifer net-to-grossfrom map-
aquifer permeabilityfrom mapmDarcy
uncertainty in natural logarithm permeabilityfrom mapln(mDarcy)
aquifer temperaturefrom 3D model°C
aquifer water salinitydepth dependentppm
aquifer kh/kv ratio3-
return temperature30°C
minimum aquifer temperature20°C
distance between the two wellsoptimizedm
pump system efficiency60%
production pump depth500m
pump pressure differenceoptimizedbar
well trajectory curvature factor1.1-
calculation segment length50m
outer diameter (open production interval)8.5inch
inner diameter (casing)8.5inch
casing roughness1.38milli-inch
injector well skin-1-
production well skin-1-

 

Economic parameters

Economic parametersValueUnit
economic lifetime30year
drilling time2year
annual load hours6000hour
well costsdepth dependentM€
CAPEX base expense (excl. wells)3M€
CAPEX variable expenses (excl. wells)300€/kW
CAPEX contingency15%
annual OPEX per unit power100€/kW
annual OPEX per unit energy produced0.19€ct/kWh
electricity purchase price for operations8.0€ct/kWh
tax rate25%
interest on loan5%
inflation1.5%
required return on equity14.5%
debt ratio80%