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Geothermal Project Development, Economics and Risks

11 March 2020 - 12 March 2020

This two-day course focuses on industry best practices to make data-driven decisions to optimize resources and capital during the various project phases:

  • Exploration of geo-energy
    • data integration, conceptual modeling and well targeting
  • Development of geo-energy
    • well testing, development of an exploitation strategy to sustainably supply geothermal fluids, and resource design criteria
  • Utilization of Geo-Energy
    • Design phase, process design, project type and size selection, selection of materials and equipment
    • Mitigation of scale, corrosion and gases

In addition, guidelines on geothermal project economics, time scheduling, financial modeling and assessing project feasibility are included.

A brief outline of the course content on day 1 and day 2:

  • Resource Exploration and Development
    • Integration of subsurface disciplines
    • Why a conceptual model?
    • Data-driven decision making to optimize the use of resources and capital
    • Pre-drilling resource capacity assessment methods
    • Well drilling
    • Well testing and sampling
    • Pre-operations numerical reservoir simulation
  • Resource Utilization
    • Design Criteria, constraints and considerations
    • Power conversion technology
    • Mitigation of scale, corrosion and gas emissions
    • Tendering and contracting strategy
    • Construction and commissioning
    • Operations and management
  • Project Economics and Time Schedule
    • Project development costs and time budgeting
    • Financial modeling

This course focusses on hands-on industry applied knowledge and lessons learned. The target audience are geothermal project managers, scientist and engineers.

The course shall be given by Manon Stöver. She has a background in petroleum engineering but switched to the geothermal power industry early in her career. She is a geothermal professional and enthusiast with a convincing track record in the worldwide geothermal power industry.

This course is fully booked.


For further questions please do not hesitate to contact us at academy@lovegeothermal.org

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Basel, Switzerland


IGA Academy
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