15 mw geothermal energy plant

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15 MW Geothermal Energy Plant Stephen Mc Loughlin Stephen Devlin Paul O Reilly Mark Flanagan

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15 MW Geothermal Energy Plant. Stephen Mc Loughlin Stephen Devlin Paul O Reilly Mark Flanagan. Project Introduction. Asked by interested investors to look into viability of investment in renewables - Particulary Geothermal. Market gap for mid sized geothermal solution. - PowerPoint PPT Presentation

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Page 1: 15 MW Geothermal Energy Plant

15 MW Geothermal Energy Plant

Stephen Mc Loughlin

Stephen Devlin

Paul O Reilly

Mark Flanagan

Page 2: 15 MW Geothermal Energy Plant

Project IntroductionAsked by interested investors to look into viability of

investment in renewables - Particulary Geothermal.Market gap for mid sized geothermal solution.Fluctuation of fossil energy prices have made for a

volatile market – Goethermal is a safe alternative. Geothermal generation offers a dependable and

constant source of revenue – costs are virtually unaffected by prevailing fuel prices.

Many geothermal plants have been in operation for years around the globe – Proven Reliability.

Page 3: 15 MW Geothermal Energy Plant

Presentation Brief

All aspects of planning and development of a geothermal plant in Ireland.

Planning Permission and Regulation.Budget and Risk.Timeline and project plan. Suitable locations and technical aspects.

Page 4: 15 MW Geothermal Energy Plant
Page 5: 15 MW Geothermal Energy Plant

A Natural form of EnergyHeat Generated from decay of mineralsWorldwide use – Iceland geezers, thermal baths, New

Zealand ect….30 Degree temp rise for each KM drilled – IrelandConsidered to be sustainable – Takes little heat from

overallNot dependant on other energy sourcesLow emissions and visual impact

Page 6: 15 MW Geothermal Energy Plant

Choosing A Suitable LocationHigh Temperature GradientPossibly at a natural fault line (Fracture)Near Transmission or a large IndustryNear Supply of Water for CoolingGood Surrounding InfrastructureReasonably priced Land – Private Local Community impacts and planning

Page 7: 15 MW Geothermal Energy Plant

Temperature Gradient & Fault Lines

Page 8: 15 MW Geothermal Energy Plant

Transmission & Available Land and Water

Page 9: 15 MW Geothermal Energy Plant

Infrastructure

Page 10: 15 MW Geothermal Energy Plant

Planning and Regulation Five areas are of key importance relating to

planning and regulation for this type of project.Pre Planning negotiationsEnvironmental impact statementPlanning submissions Planning appeals Public consultations and awareness

Page 11: 15 MW Geothermal Energy Plant

Pre Planning negotiationsLocal authority consulted from outsetImportant first step prior to detailed planConsulted in all aspects of projectInformed of benefits to local community – job

creation, clean energy ect…Building relationships are key to this projects

success

Page 12: 15 MW Geothermal Energy Plant

Environmental Impact Statement

An EIS is a tool for decision makingLists the pros and cons of any environmentally

related project aswell as suggesting alternativesEPA annex 1 development ensures that EIS is

mandatoryForms part of the basis of planningEnvironmental consultants are tasked with EIS

Page 13: 15 MW Geothermal Energy Plant

Planning submissionsNotice placed in local and national papersApplication lodged with local council within 2

weeks2-5 weeks required by council to assess

development and allow for objectionFurther 4 weeks required to allow appeals to be

made to Bord PleanalaIf no objections within this timeframe final

permission is granted

Page 14: 15 MW Geothermal Energy Plant

Public awareness / consultation

Transparent and open approach towards the community

Public meetings to hear local views and address concerns

Website and phone information serviceSponsorship of local evens Avoid poor communication as seen in Corrib

pipeline project.

Page 15: 15 MW Geothermal Energy Plant

Regulation and LicensingCommission for energy regulation –

Single energy marketHealth and safety authorityEnvironmental protection agencyLack of regulationPublications forthcoming

Page 16: 15 MW Geothermal Energy Plant

CommunicationWhat is Communication Planning-Execution

Identify Your StakeholdersUnderstand Your Stakeholders Facilitation Methods Prioritise Your Stakeholders Mapping StakeholdersAssign Time to Your Stakeholders

Page 17: 15 MW Geothermal Energy Plant

Identifying your stakeholders

Page 18: 15 MW Geothermal Energy Plant

CommunicationWhat is Communication Planning-Execution

Identify Your Stakeholders Understand Your Stakeholders Facilitation Methods Prioritise Your Stakeholders Mapping Stakeholders Assign Time to Your Stakeholders

Page 19: 15 MW Geothermal Energy Plant

Mapping Stakeholders

Keep Satisfied Manage closely

Monitor Keep informed

Page 20: 15 MW Geothermal Energy Plant

Risk – Barriers High initial capital costs. Planning, permit and legislation – any changes hold up project. Pre build risks – survey errors and research oversight. Geographical risk–Tremors, land subsidence, temperature decline Environmental risk – fines and penalties. Failure of Equipment or injection/production Wells Cost over runs over the life of the project. Very little information of deep geology in Ireland Lack of supporting funding schemes Inappropriate regulatory framework

Page 21: 15 MW Geothermal Energy Plant

Risk Mitigation Government cost sharing and grant schemes. Large database of research and operation projects. Be informed of up to date technical information and associated risk. Tax incentives. Funding From Sustainable Energy Authority (SEAI) Renewable Energy Feed-In Tariff (REFIT) Having a Power Purchase Agreement in place - help to raise financial

support Risk insurance schemes – state sponsored like in Germany – never

claimed Guaranteed loan structure.

Page 22: 15 MW Geothermal Energy Plant

Project plan & Timeline

Page 23: 15 MW Geothermal Energy Plant

Budget and FinanceA project like this is capital intensive – big money

first.Early expenses but in the long term fuel costs are

down.From a technical standpoint drilling is largest

resource draw @ 10 million per wellAim to generate into the base load market This type of plant is ideal base load –high

availability

Page 24: 15 MW Geothermal Energy Plant

Budget figures • Assumed Online Availability Factor of 95%• Operation and Maintenance Costs 1 cent per kWh• Production prices of about 5-7 cent per kWh • Base load energy price of 12 cent per kWh• 5 cent made on every kWh sold• Plant can be developed for 3000 euro per KW

generation average

Page 25: 15 MW Geothermal Energy Plant

Budget & Finance

Page 26: 15 MW Geothermal Energy Plant

Technical aspects of projectKinegad location shows a 90 degree gradient –

perfect for binary cycle plant.Expected thermal efficiency of 10 – 13%System is “closed loop” No emissions to

atmosphereTakes nothing but heat – water goes back downExpected to generate at 20kV – 15 MW output.Plant is high availability, little downtime once

operational – ideal base load generator.

Page 27: 15 MW Geothermal Energy Plant
Page 28: 15 MW Geothermal Energy Plant

Environmental impactGeo generation is far cleaner then thermal plants such

as coal, oil ect….No negative effect on climate changePlants of this type are low profile – surrounding area not

badly affected.The right balance must be struck regarding heat

extractionGeothermal water can be toxic – must not be releasedSteam is only byproduct – large plumes can be seen

from this type of plant

Page 29: 15 MW Geothermal Energy Plant

Benefits of Geothermal Energy

Not dependant on climate – Available 24/7 Secure, Reliable and Unlimited Energy Supply Decreases dependency on fossil fuels Price of energy will not change Low Emissions and minimum Visual impact No Air or Water Pollution Only small amount of land required Running costs are very low Helps government to achieve energy and emissions targets