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Table 2.

Thermo-economic results of the proposed UWA cascaded absorption chiller scheme with a Yarragadee permeability of 0.3 Darcy (adapted from Wang et al. [6]).

Additional assumptions and scheme results Remarks
Installed capacity Q 2000 kW
Overall coefficient of performance COP 0.67 Manufacturer’s data
Chiller capital cost $720 000 Quotation from manufacturers
Key modeling assumptions and inputs
Production temperature T geo,in 90 °C
Production well depth D prod 3000 m
Injection temperature T geo,out 70 °C
Injection well depth D inj 2000 m Injection depth is governed by the water temperature and injected at its isothermal depth
Geothermal water flow rate q h 39 kg/s
Geothermal pumping power E ab 63 kW
Shallow aquifer pumping Power E sac 172 kW Calculated based on UWA test bore hole for cooling water
Geothermal well cost estimate - $8.37 M
State government LEED funding - $5.4 M Based on 3:1 ratio spending in the first five years
Federal government GDP Funding - $4.2 M Based on 1:1 drilling cost and capped at $7 M
Results with cooling tower cooling method
Net savings $149 000
Net present value, NPV (30 yrs.) $1.2 M
Discounted payback period, DPP 12.5 years
Internal rate of return, IRR 12.6%
Results with shallow aquifer cooling method
Net savings $246 700
Net present value, NPV (30 yrs.) $1.9 M
Discounted payback period, DPP 11.3 years
Internal rate of return, IRR 13.2%

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