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Title: Measuring Impact of U.S. DOE Geothermal Technologies Office Funding: Considerations for Development of a Geothermal Resource Reporting Metric

Abstract

This paper reviews existing methodologies and reporting codes used to describe extracted energy resources such as coal and oil and describes a comparable proposed methodology to describe geothermal resources. The goal is to provide the U.S. Department of Energy's (DOE) Geothermal Technologies Office (GTO) with a consistent and comprehensible means of assessing the impacts of its funding programs. This framework will allow for GTO to assess the effectiveness of research, development, and deployment (RD&D) funding, prioritize funding requests, and demonstrate the value of RD&D programs to the U.S. Congress. Standards and reporting codes used in other countries and energy sectors provide guidance to inform development of a geothermal methodology, but industry feedback and our analysis suggest that the existing models have drawbacks that should be addressed. In order to formulate a comprehensive metric for use by GTO, we analyzed existing resource assessments and reporting methodologies for the geothermal, mining, and oil and gas industries, and we sought input from industry, investors, academia, national labs, and other government agencies. Using this background research as a guide, we describe a methodology for assessing and reporting on GTO funding according to resource knowledge and resource grade (or quality). This methodology would allow GTOmore » to target funding or measure impact by progression of projects or geological potential for development.« less

Authors:
; ; ; ;
Publication Date:
Research Org.:
National Renewable Energy Lab. (NREL), Golden, CO (United States)
Sponsoring Org.:
USDOE Office of Energy Efficiency and Renewable Energy (EERE), Geothermal Technologies Office (EE-4G)
OSTI Identifier:
1305952
Report Number(s):
NREL/CP-6A20-62626
DOE Contract Number:
AC36-08GO28308
Resource Type:
Conference
Resource Relation:
Conference: Presented at the World Geothermal Congress 2015, 19-25 April 2015, Melbourne, Australia
Country of Publication:
United States
Language:
English
Subject:
15 GEOTHERMAL ENERGY; geothermal; reporting metric; reporting code; reporting methodology; resource assessment; resource potential; exploration; geothermal grade; resource knowledge; CRIRSCO; PRMS; UNFC; investment

Citation Formats

Young, Katherine R., Wall, Anna M., Dobson, Patrick F., Bennett, Mitchell, and Segneri, Brittany. Measuring Impact of U.S. DOE Geothermal Technologies Office Funding: Considerations for Development of a Geothermal Resource Reporting Metric. United States: N. p., 2015. Web.
Young, Katherine R., Wall, Anna M., Dobson, Patrick F., Bennett, Mitchell, & Segneri, Brittany. Measuring Impact of U.S. DOE Geothermal Technologies Office Funding: Considerations for Development of a Geothermal Resource Reporting Metric. United States.
Young, Katherine R., Wall, Anna M., Dobson, Patrick F., Bennett, Mitchell, and Segneri, Brittany. Sat . "Measuring Impact of U.S. DOE Geothermal Technologies Office Funding: Considerations for Development of a Geothermal Resource Reporting Metric". United States. doi:.
@article{osti_1305952,
title = {Measuring Impact of U.S. DOE Geothermal Technologies Office Funding: Considerations for Development of a Geothermal Resource Reporting Metric},
author = {Young, Katherine R. and Wall, Anna M. and Dobson, Patrick F. and Bennett, Mitchell and Segneri, Brittany},
abstractNote = {This paper reviews existing methodologies and reporting codes used to describe extracted energy resources such as coal and oil and describes a comparable proposed methodology to describe geothermal resources. The goal is to provide the U.S. Department of Energy's (DOE) Geothermal Technologies Office (GTO) with a consistent and comprehensible means of assessing the impacts of its funding programs. This framework will allow for GTO to assess the effectiveness of research, development, and deployment (RD&D) funding, prioritize funding requests, and demonstrate the value of RD&D programs to the U.S. Congress. Standards and reporting codes used in other countries and energy sectors provide guidance to inform development of a geothermal methodology, but industry feedback and our analysis suggest that the existing models have drawbacks that should be addressed. In order to formulate a comprehensive metric for use by GTO, we analyzed existing resource assessments and reporting methodologies for the geothermal, mining, and oil and gas industries, and we sought input from industry, investors, academia, national labs, and other government agencies. Using this background research as a guide, we describe a methodology for assessing and reporting on GTO funding according to resource knowledge and resource grade (or quality). This methodology would allow GTO to target funding or measure impact by progression of projects or geological potential for development.},
doi = {},
journal = {},
number = ,
volume = ,
place = {United States},
year = {Sat Apr 25 00:00:00 EDT 2015},
month = {Sat Apr 25 00:00:00 EDT 2015}
}

Conference:
Other availability
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  • This paper reviews a methodology being developed for reporting geothermal resources and project progress. The goal is to provide the U.S. Department of Energy's (DOE) Geothermal Technologies Office (GTO) with a consistent and comprehensible means of evaluating the impacts of its funding programs. This framework will allow the GTO to assess the effectiveness of research, development, and deployment (RD&D) funding, prioritize funding requests, and demonstrate the value of RD&D programs to the U.S. Congress and the public. Standards and reporting codes used in other countries and energy sectors provide guidance to develop the relevant geothermal methodology, but industry feedback andmore » our analysis suggest that the existing models have drawbacks that should be addressed. In order to formulate a comprehensive metric for use by the GTO, we analyzed existing resource assessments and reporting methodologies for the geothermal, mining, and oil and gas industries, and sought input from industry, investors, academia, national labs, and other government agencies. Using this background research as a guide, we describe a methodology for evaluating and reporting on GTO funding according to resource grade (geological, technical and socio-economic) and project progress. This methodology would allow GTO to target funding, measure impact by monitoring the progression of projects, or assess geological potential of targeted areas for development.« less
  • The Department of Energy's Geothermal Technologies Office (GTO) provides RD&D funding for geothermal exploration technologies with the goal of lowering the risks and costs of geothermal development and exploration. In 2012, NREL was tasked with developing a metric to measure the impacts of this RD&D funding on the cost and time required for exploration activities. The development of this metric included collecting cost and time data for exploration techniques, creating a baseline suite of exploration techniques to which future exploration and cost and time improvements could be compared, and developing an online tool for graphically showing potential project impacts (allmore » available at http://en.openei.org/wiki/Gateway:Geothermal). The conference paper describes the methodology used to define the baseline exploration suite of techniques (baseline), as well as the approach that was used to create the cost and time data set that populates the baseline. The resulting product, an online tool for measuring impact, and the aggregated cost and time data are available on the Open EI website for public access (http://en.openei.org).« less
  • To provide needed technologies for site remediation, the US Department of Energy`s Office of Environmental Management, Office of Science and Technology (OST) is developing technologies to address environmental problems associated with hazardous and radioactive contaminants in soil and groundwater. The Technology Investment Decision model serves as a framework for technology management in OST. Seven technology maturation stages are used in the model. These stages run from basic research through implementation. The Innovative Technology Summary Reports (ITSRs) provide a technical synopsis of an individual technology that has been developed. An ITSR is prepared for each technology that is successfully demonstrated inmore » the field. The information required to produce an ITSR is collected as the technology matures through the Technology Investment Decision Process. As of July 1996 there have been thirteen ITSRs completed. This paper describes those thirteen technologies.« less