Science – Society – Technology
Recapitalization cost | Specified recapitalization cost | Â | Â | Â | Â | Â |
---|---|---|---|---|---|---|
Calculated recapitalization cost includes drilling costs, pump costs, and surface equipment. When the reservoir temperature drops below an allowed minimum, new wells must be drilled and costs accounted for in the out years of the analysis | 23,000,000$ | Â | Â | Â | Â | Â |
Total capital cost | 71,558,072$ | Â | Â | Â | Â | Â |
Contingency (5%) | 3,577,904$ | Â | Â | Â | Â | Â |
Total direct cost | 75,135,976$ | Â | Â | Â | Â | Â |
Total installed cost | 92,792,928$ | Â | Â | Â | Â | Â |
Total installed cost per capacity | 51,555$/kW | Â | Â | Â | Â | Â |
Indirect capital costs | % of direct cost | Non-fixed cost ($) | Fixed cost | Total cost ($) | Â | Â |
---|---|---|---|---|---|---|
Engineer, procure, construct | 16 | 12,021,756 | 0 | 12,021,756 | Â | Â |
Project, land, miscellaneous | 3.5 | 2,629,759 | 0 | 2,629,759 | Â | Â |
Sales tax of 5% applies to | 80 | – | – | 3,005,439 |  |  |
Operation and maintenance cost | First year cost | Escalation rate (above inflation) (%) | Â | Â | Â | Â |
---|---|---|---|---|---|---|
Fixed annual cost | 0 | 0 | Â | Â | Â | Â |
Fixed cost by capacity | 70$/kW-yr | 0 | Â | Â | Â | Â |
Variable cost by generation | 3$/MWh | 0 | Â | Â | Â | Â |