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- W1693103473 abstract "In a presentation to the First Stanford Geothermal Workshop last year, we outlined the basic philosophy, assumptions and general approach to finding an optimal rate of energy extraction from a hot water geothermal field. In this paper, we present the explicit relationships governing the physical processes and economic factors of our model, as well as the modifications to the model that have been necessary to accommodate the more specific articulation of these relationships. The conceptual modifications of the earlier model are subtle, but of great importance in making our work more useful for geothermal resource management. We adopt the hydro-thermal model developed by Gringarten and Sauty, and assume that the value of geothermal energy is known as a function of time and the quantity of extracted energy. We note however that our optimization model can be modified to accommodate other hydrothermal models such as that of Kasameyer and Schroeder, which combines fractured and porous media flow. In view of the increase in the attractiveness of geothermal energy for space heating, we also assume that the extracted energy is used for generation of steam to be used for this purpose. However, we are well aware that the hot brine, depending onmore » the parameters of a particular field, may be more economically utilized for some other purpose (e.g., electric power generation, direct utilization of hot water for domestic and industrial use, mineral extraction and desalinization). In this paper, we restrict our attention to the case where the decision has already been made to use the geothermal energy for space heating. Further proposed work is described at the end of the paper. 2 figs., 6 refs.« less" @default.
- W1693103473 created "2016-06-24" @default.
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- W1693103473 date "1976-12-01" @default.
- W1693103473 modified "2023-09-26" @default.
- W1693103473 title "Optimal Management of a Geothermal Reservoir" @default.
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