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geothermal power plant projects in central america - Orkustofnun

geothermal power plant projects in central america - Orkustofnun

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In Chapter 6, Figure 44 illustrated that double-flash development had a profitable <strong>in</strong>dicator for <strong>plant</strong>capacity above 25 MW. The analysis of the data from Figure 52 suggests that the probability ofsuccess is roughly 50% for an 18 MW <strong>power</strong> <strong>plant</strong> capacity. For example, 40% of the probability ofsuccess of the MARR for equity would require a <strong>power</strong> <strong>plant</strong> size greater than 60 MW.7.3.2 Organic Rank<strong>in</strong>e cycleFigure 53 shows the contour map of the probability of success (%) for IRR of Equity greater or equalto 20%, and the <strong>power</strong> <strong>plant</strong> size (MW) for an ORC <strong>power</strong> <strong>plant</strong> development. The color of thecontour l<strong>in</strong>es is used to illustrate: black for the probability of success, and red for the <strong>power</strong> <strong>plant</strong> size.The <strong>geothermal</strong> resource temperature exam<strong>in</strong>ed is between 100 and 180°C, and the mass flow rateexam<strong>in</strong>ed is between 100 and 1000 kg/s.In Chapter 6, Figure 45 illustrated that organic Rank<strong>in</strong>e cycle development had a profitable <strong>in</strong>dicatorfor <strong>plant</strong> capacity above 25 MW. The analysis of the data from Figure 52 suggests that the probabilityof success is roughly 50% for a 25 MW <strong>power</strong> <strong>plant</strong> capacity. For example, 70% of the probability ofsuccess of the MARR for equity will require a <strong>power</strong> <strong>plant</strong> size greater than 35 MW.FIGURE 53: Contour map of probability of IRR of Equity ≥ 20%; ORC <strong>power</strong> <strong>plant</strong>61

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