Electricity from hot dry rock geothermal energy: technical and economic issues

Extraction of energy from hot dry rock would make available a nearly unlimited energy source. Some of the technical problems and possible economic tradeoffs involved in a power generating system are examined and possible solutions proposed. An intertemporal optimization computer model of electricity production from a hot dry rock geothermal source has been constructed. The effects of reservoir degradation, variable fluid flow rate, and drilling operations are examined to deetermine optimal strategies for reservoir management and necessary conditions for economic feasibility.