Electricity Generation Ability of the Simav Geothermal Field: A Technoeconomic Approach

Abstract

Geothermal energy is the most attractive energy source from an electricity generation point of view, since it is the most stable one among the renewables. Although the geothermal resources are local, it is also a solution for the global warming problem, so the climate changes, since its usage depends on environment-friendly technologies. In this study, the electricity generation ability of the Simav geothermal field has been investigated. In this study, two different cycle types, including ORC-binary and combined cycles, have been handled. In addition, seven different cycle types of ORC-binary have been taken into consideration. Finally, the designed plants have been evaluated in an economical point of view using Life Cycle Cost analysis. As a conclusion, it has been determined that it is available to generate electricity at a rate of 50–53 MW with a benefit of 288 million US$ during the plant lifetime.

Keywords:

• combined cycle
• electricity
• geothermal
• life cycle cost
• ORC-binary cycle

Notes

*At 15°C;

**At 20°C.