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HomeMy WebLinkAboutGeothermal Cost Matrix Memorandum Dilley&Linnell 04-24-2009 3335 Arctic Boulevard Suite 100 • Anchorage Alaska 99503 • Phone: (907) 564-2120 • Fax: (907) 564-2122 808 South Bailey Street Suite 102 • Palmer Alaska 99645 • Phone: (907) 746-5230 • Fax: (907) 746-5231 Scott Hattenburg, PE Lorie Dilley, PE/CPG Dennis Linnell, PE David Lundin, PE MEMORANDUM DATE: 4/24/09 TO: Dave Lockard, AEA FROM: Lorie Dilley, PE/CPG RE: Geothermal Cost Matrix This memorandum presents our assumptions in the development of the geothermal cost matrix that is attached. The geothermal cost matrix (matrix) is based on developing a project that is capable of supplying electric power to the community that is closes to the source. In some cases the best use of the geothermal resource maybe for other purposes such as space heating, greenhouses, or a resort. The matrix is in two parts. The first part presents the underlying assumptions of temperature and depth to resource. Also on the first part are the size of the project assumed and the number of wells based on known/assumed flow rates. Projects were divided into use of the shallow or deep resource. This was the basic data used in developing the costs which are presented on the second part of the matrix. The costs were developed using Hanse 2005; DOT&PF bid sheets; and development costs from previous projects. Production well drilling costs were based on those provided for recent geothermal well drilling by Geothermal Resource Group, Inc. The following presents the assumptions made for each data and cost presented in the matrix: DATA SHEET 1. Temperature of Shallow Resource The temperature of the shallow resource is based on temperatures measured at springs in the vicinity of each project. These temperatures were gathered from the literature primarily from Kolker 2007 and Geothermal Resources of Alaska Map, DGGS. The only assumed temperatures were for Mt Spur which was taken to be the same as Akutan. 2. Depth of Shallow Resource Unless known it was assumed to be zero feet. 3. Temperature of Deep Resource The temperatures of the deep resources were taken from Kolker 2007 and Geothermal Resources of Alaska Map, DGGS where known. The following were assumed: Elim based on Pilgrim and cooler surface waters, Mt. Spurr, Makushin, Akutan and Port Moller were considered similar geological provinces and therefore similar temperatures. Temperatures of 200 to 250 C were considered reasonable for these systems. Minto and Circle were assumed based on Chena and Manley. April 24, 2009 Page 2 of 5 4. Depth of Deep Resource Depth of deep resource was similar to the temperatures discussed in #3. Depths were assumed for those where the temperatures were assumed. 5. Capacity of Resource Where the data was known it was inputted. 6. Distance from Load Distance from load to the source was measured from maps or taken from Kolker report. The load was assumed to be the population center. Again the overriding assumption for the project was for the resource to produce electricity. The load may be closer depending upon the use of the geothermal resource. 7. Size of Project The size of the project was based on Kolker 2007 report as well as anticipated production from the systems and needs of the communities. For the villages, a 1 MW limit was set even though the necessary power generation may be lower. The overall price may be reduced due to lower power needs. The 1 MW limit was set due to future considerations and limits on binary power generation. It should be realize that UTC generators at Chena so far do not have a 1 MW capacity for a single turbine. The production model is 280 kW and they are working on large capacities. 8. Road Miles Needed Base on distance to load and nearest road. For instance Pilgrim was set at 7 miles since that is the distance to the highway. In some cases roads may exist but not be wide enough or structurally stable enough to handle the loads from drill rigs and equipment needed for construction. 9. # of Wells for Shallow/Deep (6 columns) This set of columns was developed to estimate the number of wells needed for production of the number of megawatts. Using the formula from Hanse 2005 that MW/well = F/50 – 3.5 the number of wells needed was estimated, where MW is megawatts and F is the resource temperature in degrees Fahrenheit. The formula only works for temperatures above 175 F. For those areas with lower temperatures and shallow resource the MW/well was set at 0.1 unless known otherwise from production data. The blanks represent that the size of project is large and the preferred use of the resource is from the deeper system. 10. Success Rate The success rate for a well to actually produce varies from 60 to 80 percent. The number of wells needed was increased for the deeper wells based on a 40 percent failure rate. COSTS For the second part where costs were developed the following were the costs used. Many of the costs were escalated from Hanse 2005 and Augustin 2006. 1. Roads & Access Roads were assumed to be 24 feet wide, 3 feet thick and the length presented in part 1 to develop the cubic yards (cyd) of gravel required. A range of price was applied to the cyd’s April 24, 2009 Page 3 of 5 needed. Unit price ranged from about $30/cyd to $250/cyd depending on location and were based on DOT&PF bid sheets the community or region that the resource is near. 2. Prospecting Assumed that prospecting is the work – geological, geophysical, geochemical, and land issues, that would need to occur prior to drilling a well. Since most of the sites have little information beyond some cursory work that has been conducted I set the amount between $100,000 and $500,000 for most of the projects. Geophysical work alone could be $200,000 to $500,000 depending upon the size of the area and technique used. There are a few that are higher amounts reflecting a more significant resource and/or lack of knowledge about the resource. This did not include any drilling costs. 3. Exploration Drilling Augustin 2006 proposed a range of average costs for drilling based on data from oil and well drilling in 2003. The numbers range from $225,000 for a 1,500 feet deep well to $2 M for a 10,000 feet deep well. These numbers were multiplied by 3 to 4 for the inflation that has occurred in drilling since 2003. So that a well approximately 1,500 to 2,000 feet deep would cost about $800,000 and a 10,000 foot deep well would be about $6 to $8 M. Wells drilled to 2,000 feet for a project in New Mexico in 2007 cost about $300,000 to $500,000 per well and mob/demob was a major issue. For exploration drilling the costs are cheaper than for confirmation drilling. Exploration drilling can use a slim hole rig as oppose to a oil well rig. It was assumed 2 to 5 wells per site to depths mentioned in part 1. The 2 to 5 wells could be considered part of the additional wells for the success rate in the last column of part 1. 4. Well Testing Assumed well testing would include some downhole geophysics and flow tests which I assumed could run between $100,000 to $1 M depending upon the depth and level of knowledge of the resource. For deeper, higher temperature, less know sites, the well testing was higher. 5. Drilling Wells Costs for drilling full-size production wells are generally at least twice that for drilling a similar depth exploration (slim-hole/temperature gradient) well. Costs come from lower-48 costs provided by Geothermal Resource Group, Inc for various depth wells, and currently average almost one million dollars per 1000 feet, although variability is high and depends on geology, location, and other factors. The number of wells was taken as the # of wells considering the success rate. If the resource has been well characterized by preliminary work, this success rate may be somewhat higher and the costs for drilling somewhat lower. There may be some redundancy with the exploration drilling but at this level that redundancy is unknown. Costs may also vary based on the current uncertainty about the depth and temperature used to estimate the number of wells. The range given is one to two times the cost for equivalent wells in the lower 48 states. 6. Site Development Assumed that approximately 50,000 to 300,000 square foot pad will be needed for sites and assuming 5 foot section and the cost of gravel the site development costs were prepared. For some areas that appeared to have some infrastructure already such as Chena and Circle the number was less than for those areas like Elim which would have to develop the entire site from the beginning. April 24, 2009 Page 4 of 5 7. Physical Plant Binary Plants can range from about $1,600 to $2,400 per kW in the lower US. UTC System was about $1,300 per kW and steam plants are about $1,500 per kW. These costs were based on Hanse 2005, Chena Costs, and DOE costs. The Snake River Power Plant in Nome (diesel generation) was approximately $30 M for the entire plant and site development. The factors were increased for remote locations and about 1.5 to 3 Alaskan factor applied. Recent trends for steel costs were explored to see if further modification of these costs was warranted. Steel costs are lower now by about a factor of 2 from their peak in summer 2008. However, since our cost data does not come from this time period, it appears the current cost of steel will not greatly impact our estimates. 8. Docks/Airports Makushin and Spurr may need docks and/or airports. Numbers based on construction experience in Alaska. 9. Gathering System Gathering systems are the piping for the project. For larger projects and power plants sited further away from the resource the price would be higher. Topography, well productivity, and brine status (how reactive the brine) all play into the gathering system costs. Hanse 2005 suggested a $250 to $400 per kW price for gathering systems 10. Transmission Lines AVEC data suggests low end costs for transmission lines in Alaska to be in the range of $200,000 per mile. The number of miles needed was taken from the distance to the load or intertie. The base rate per mile was increased by factors of 1.5 to 2 each for difficult terrain, remoteness of location and/or distances of less than 10 miles. 11. Support Facilities An additional $500,000 to $4M was used applied to include the other facilities such as utilities, landfills, living quarters, shops, shelters, storage, etc that may be needed at a geothermal site. Some areas that are developed such as Chena, Circle, Manley, Sitka, etc would not need a lot of support facilities, other areas further away from villages and population centers would need more. Phased development of a resource may occur that will allow for some of the capital costs to be delayed. In other cases such as for the road construction, other agencies may assist with the development costs. Transmission line costs were not included in the capital cost and may add substantial costs to a project depending upon the length of the transmission lines. The costs presented are order of magnitude costs and may be less or more depending upon the exact nature of the project, the number of wells needed, and the characteristics of the resource. REFERENCES Augustine Chad, JW Tester, B Anderson, S Petty, and B Livesay. (2006) A Comparison of Geothermal With Oil and Gas Well Drilling Costs. Proceedings of 31st Workshop on Geothermal Reservoir Engineering, Stanford University, Stanford, California, Jan 30 – Feb 1, 2006. April 24, 2009 Page 5 of 5 Hanse, Cedric Nathanael. (2005) Factors Affecting Costs of Geothermal Power Development. Geothermal Energy Association. Kolker, Amanda (2007). Alaska Geothermal Development: A Plan, Alaska Energy Authority ____________ (1983) Geothermal Resources of Alaska. MP08-SH01, Division of Geological and Geophysical Surveys, Alaska Department of Natural Resources. DATA COMPONENTS SHALLOWDEEPProject o fre s o u rc e - T e m p e ra tu re s h a llo w Cresourdepth o f s h a llo w c e o re s o u rc e - T e m p e ra tu re f d e e p Cresoudepth o f d e e p rc e R flo w C a p a c ity o f e s o u rc e o r in te rtiD is ta n c e F ro m L o a d o r e (M i)P S iz e o f ro je c t n e eRoad m ile s d e d L o th e rs )T ra n s m is s io n in e (b y FAssum e d T - °F /5MW /w e ll = 0 -3 .5 w e lls # p ro d u c tio n n e e d e d A s s u m e d T - F °F /5MW /w e ll = 0 -3 .5 w e lls # p ro d u c tio n n e e d e d 4 0 % s u c c e s s rPilgrim90160150 5000450 lpm6052601940.4133022.542a 4Elim41010050002182105.8 2120.7424Manley6001302500375+gpm01001400.1102661.8213Chena7175014525000/335033 2932.3624Copper River/Klawasi2001506500201052068 3022.5446Susitna Basin?123350021022 253.41.56879Mt. Spur2502000351001335 4826.141623Naknek2001000022522 3924.3468Makushin196200025020007-12 MW/well1030512 4857*57Akutan99025025005555210.20.774826.1413Sitka/Goddard50014050001451414 2842.1835Bell Island720135500030gpm3533 275235Minto6201452500480 lpm1511515143.60.1102932.3613Circle58014525001540 lpm0100136.40.1102932.3613Adak66019070001051010 3743.9824Port Moller7102005000300 lpm1011010159.80.1103924.3413Shallow temperatures are from literature measured at springs. Deep temperatures from geothermometry or estimated based on same geological provence.Size of project is set at 1 MW if village has less than that in operating capacity.Number of shallow wells needed based on estimate - formula only works for temperatures above 175 F. Assumed 0.1 MW per well.*from low end of Makushin well flow tests. Costs in $Millions Exploration & Confirmation Production and Transmission Project Roads & AccessPr ospect i ngExpl or at i onDr i l li ng Well Test i ngDr i l li ng Well sDSi t e evel opment Physi cal Pl ant Docks/Ai r por t sGat her i ngSyst emTr ansmi ssi on Li neSuppor t Faci l i t i esCapi t al Cost sPilgrim - Shallow 0.8 - 1.4 0 0 0.6 4 - 8 1 - 3 15 - 20 1 - 2 15 0.5 - 1.5 38 - 52 Pilgrim - Deep 0.8 - 1.4 0.6 1.5 - 3 0.2 18 -36 1 - 3 23 -30 1 - 2 15 0.5 - 1.5 62 - 93 Elim - deep 3 - 6 0.1 -0.5 2 -8 0.1 - 0.5 18 - 36 2 - 5 2 - 4 1 - 2.5 2 - 4 0.5 -1.5 31 - 68 Manley - Shallow 0.1 -0.5 1 - 3 0.1 - 0.5 3 - 7 1 -3 2 - 4 0.5 - 1 0.5 -1 8 - 20 Manley - Deep 0.1 -0.5 1 - 4 0.1 - 0.5 6 -12 1-3 2 - 4 0.5 - 1 0.5 - 1 11 - 26 Chena 0.1 - 0.7 1 - 4 0.1 - 0.5 8 - 16 0.2 - 0.5 23 -30 1 - 2 6 - 10 0.5 -1 40 -65 Copper River/Klawasi 1 - 3 0.7 -1.5 4 - 10 0.1 -0.7 36 - 72 2 - 5 30 -50 2.5 -4 4 - 6 0.5 - 1.5 81 - 154 Susitna Basin?0.8 - 1.1 0.7 - 1.5 4 - 12 0.1 -0.7 38 - 76 0.5 - 4 30 -50 2.5 -4 0.5 -1.5 0.5 - 1.5 78- 152 Mt. Spur 8 - 100 0.5 - 1 5 - 15 0.1 - 1 35 - 70 1 - 6 100 -150 15 - 40 25 - 40 14 - 28 1 - 4 204 - 455 Naknek 2 - 5 0.5 - 1 4 -20 0.5 - 2 72 - 144 0.5 - 4 40 -60 6 -10 0.4 - 1 1 - 3 127 - 178 Makushin 18 - 35?0.5 - 1 2 - 7 0.1 - 1 11 - 22 0.5 -4 30 - 50 25 - 100 7.5 - 12 4 - 8 1 -4 100 - 244 Akutan - Shallow 18 - 35?0.3 -0.7 1.5 - 3.5 0.1- 0.5 3 - 6 1 - 3 12 -17 1 - 2 2 - 4 0.5 -1 39 - 73 Akutan - Deep 18 - 35?0.3 -0.7 1 - 4 0.1- 0.5 6 - 12 1 - 3 7 - 12 1 - 2 2 - 4 0.5 -1 37 - 74 Sitka/Goddard 8 - 10 0.3 -0.7 2 - 7 0.1 -1 23 - 46 1 - 3 *15 - 25 1 - 2 3 - 6 0.5 -1 54 - 102 Bell Island 2 - 5 0.1 -0.5 2 - 7 0.1 -1 23 - 46 1 - 3 *15 -25 1 - 2 1 - 3 0.5 -1 46 - 94 Minto - Shallow 6 - 8 0.1 -0.5 1 - 3 0.1 - 0.5 3 - 7 1 -3 2 - 4 0.5 - 1 3 - 6 0.5 -1 17 - 34 Minto - Deep 6 - 8 0.1 -0.5 1 - 4 0.1 - 0.5 6 - 12 1-3 2 - 4 0.5 - 1 3 - 6 0.5 -1 20 - 40 Circle - Shallow 0.1 -0.5 1 - 3 0.1 - 0.5 3 - 7 0.2 - 0.5 2 - 4 0.5 - 1 0.5 -1 7 - 18 Circle - Deep 0.1 -0.5 1 - 4 0.1 - 0.5 6 - 12 0.2 - 0.5 2 - 4 0.5 - 1 0.5 -1 10 - 24 Adak 30 - 40?0.5 - 1 2 - 7 0.1 -1 25 - 50 1 - 3 23 - 30 1 - 2 4 - 8 0.5 -1 87 - 143 Port Moller - Shallow 30 - 40?0.1 -0.5 3 - 6 0.1 - 0.5 4 - 8 1 - 3 2 - 4 0.5 - 1 4 - 8 0.5 -1 45 - 72 Port Moller - Deep 30 - 40?0.1 -0.5 2 - 8 0.1 - 0.5 13 - 26 1 - 3 2 - 4 0.5 - 1 4 - 8 0.5 -1 53 - 92 UTC Power Plant assumes that 1 MW is available Flash Power Plant Binary Power Plant *23 - 50 May not be hot enough for Binary System ?: Costs assumed based on Adak gravel prices