Geothermal Projects Consulting Services
Geothermal projects are characterized by a set of specific conditions that clearly differentiate them from other types of investment. Especially for geothermal projects we have developed a series of tools in order to carry out analyses of economic viability and due diligence assessments in a target-oriented way.
In the first place reliable geological information is necessary. Based on these data the primary simulation is run. The main cost in any geothermal project is the drilling of the well to access the heat source. Only when clear data are available from this well on temperature, water flows and hydrochemistry is it possible to define the site-specific design of the whole plant. The second well delivers reliable results for calculation of the output and of the economic viability.
To limit the investor’s financial risk several insurances are available, both from private-sector companies and from the KfW (Kreditanstalt für Wiederaufbau= German government-owned bank for development).
As compensation for the high investment, the operating costs of a geothermal plant are extraordinarily low, as no fuels are needed.