Eventos Anais de eventos
ENCIT 2018
Brazilian Congress of Thermal Sciences and Engineering
ECONOMIC EVALUATION OF EGS IN THE BRAZILIAN ENERGY MARKET: FOCUS ON THE NORTHEASTERN REGION.
Submission Author:
Francisco Tarcísio Guedes Lima Verde Neto , CE
Co-Authors:
Francisco Tarcísio Guedes Lima Verde Neto, Daniel Albiero
Presenter: Francisco Tarcísio Guedes Lima Verde Neto
doi://10.26678/ABCM.ENCIT2018.CIT18-0549
Abstract
The purpose of this paper is to evaluate the economic viability of establishing an Enhanced Geothermal System in the Brazilian Northeast Region. The paper consists on a comparison between the LCOE (Levelized Cost of Energy) between different energy sources such as coal, nuclear, biomass and geothermal energy in the form of EGS (Enhanced Geothermal System). At first, some concepts vital to the comprehension of EGS are presented, such as the concepts of Geothermal Resource Base and the Recoverable Resource Base. Thus, there are some estimates obtained from public data from the Brazilian EPE (Empresa de Pesquisa Energética) and the US Department of Energy are used, as long as geological data from several sites along the Northeast Region of Brazil. A comparison is made, placing geothermal energy amongst the energy sources across Brazil. The main conclusions are that the Geothermal Energy can be a competitive source of energy in Brazil, especially if considered that this source is renewable and not dependent of climate conditions.
Keywords
Geothermal, renewable, energy, Economic Evaluation
