Geothermal Energy Market Study on the Atlantic Coastal Plain. Definition of Markets for Geothermal Energy in the Northern Atlantic Coastal Plain

摘要

The Geothermal Resource Interactive Temporal Simulation (GRITS) model calculates the cost and revenue streams for each year in the lifetime of a project that utilizes low to moderate temperature geothermal resources. With these two estimates, the net present value of the project can be determined for each year. The GRITS model allows preliminary economic evaluations of direct-use applications of geothermal energy under a wide range of resource, demand, and financial conditions, some of which change over the lifetime of the project.