namlio
Member
Geothermal isn’t as easy as the article would make you believe.
First, they make it seem like you can do this almost anywhere, but you need a lot of things to come together geologically to make this work - especially high heat that isn’t too deep and good reservoir rock with some permeability. It will take a good number of wells to develop enough capacity, and these are not the easiest to drill and complete, and usually require special metallurgy. The wells may need to be fractured to maintain production and injection rates. The reservoir risk can be pretty high.
Second, the operation is complex. You have to handle a lot of very nasty, corrosive water with high mineral content, again requiring high dollar metallurgy. Then you have to be able to reinject this water to reheat it. If it can’t be reinjected, it becomes a big environmental problem. The wells and reservoirs will often plug up from mineral deposition and corrosion, requiring expensive work overs or redrilling. Consequently, operating costs can be high and hard to manage.
There is a reason that geothermal isn’t a lot bigger than it is; you need a lot of things to come together in the same place to even have a chance. If it does, great, but I see this as more of a niche player in the energy mix, not a major contributor. I am, by no means, an expert, but I was a petroleum engineer who had some minor involvement with geothermal project management and evaluation in Indonesia and elsewhere.
namlio