Geothermal power economics for utility application

Conference · Tue Jun 01 00:00:00 EDT 1982 · Energy Technol. (Wash., D.C.); (United States)

OSTI ID:5351262

Rashband, J L

Utah Power and Light has signed a geothermal sale agreement with Phillips Petroleum for the Roosevelt Hot Springs geothermal reservoir. Some unique features of the contract are reviewed. The resource is dedicated to electric power generation. Phillips is paid to take water separated from the steam for injection back into the reservoir. These prices are stated on a declining block basis. UP and L will also construct and operate steam gathering and water injection systems at Milford 1. The contract was an attempt to provide the producers with a return on their investment. Economic studies show that the cost of the first 20MW unit is not competitive, but that 20MW plus two future 50MW units would be. Also, if the steam flash rate increases from 18lbs per 100lbs of produced fluid to 33lbs the overall economics are considerably better.

• Research Organization: Utah Power and Light Co., Salt Lake City, Utah
• OSTI ID: 5351262
• Report Number(s): CONF-820217-
• Journal Information: Energy Technol. (Wash., D.C.); (United States), Journal Name: Energy Technol. (Wash., D.C.); (United States) Vol. 9; ISSN ENTED
• Country of Publication: United States
• Language: English

Related Subjects

15 GEOTHERMAL ENERGY
150800* -- Geothermal Power Plants
ACCOUNTING
CONTRACTS
ECONOMIC ANALYSIS
ECONOMICS
ENERGY ACCOUNTING
ENERGY ANALYSIS
ENERGY SYSTEMS
FEDERAL REGION VIII
FINANCING
FLASHED STEAM SYSTEMS
FLUID INJECTION
GEOTHERMAL POWER PLANTS
GEOTHERMAL WELLS
INDUSTRY
JOINT VENTURES
KGRA
NORTH AMERICA
PETROLEUM INDUSTRY
POWER GENERATION
POWER PLANTS
PUBLIC UTILITIES
ROOSEVELT HOT SPRINGS
STEAM SYSTEMS
THERMAL POWER PLANTS
USA
UTAH
WELLS