High-performance thermal energy projects are designed to solve the toughest challenges in effectively adopting renewable energy for heating and cooling.
Effectively meeting the challenge means conducting detailed technical assessments of the geothermal systems required, and supporting investment level analyses of finance requirements.
Examples of Feasibility Study content include:
- Heating and cooling thermal capacity available within usable site boundaries
- Building use types and estimated thermal loads and energy models
- Considerations for distribution and injection pipelines
- Economic analysis, including estimated capital investment and operating costs
- Financial analysis of project capital requirements, return on investment (ROI) calculations, and comparisons to conventional systems.
- Financial projections such as net present value (NPV) and annual cash flow
- Environmental impact analysis and impact on Greenhouse Gas (GHG) reductions
- Building energy load requirements and energy costs
- Building and site geothermal equipment energy source sizing and optimization
- Design considerations for geothermal heat pump system and loop configuration
- Design considerations for distribution pipelines and “supply/injection” sources
- Full project life cycle analysis