The Traditional

Large Scale
approach vs.
The Wellhead
approach
(Small is beautiful)
Iceland Geothermal Conference Reykjavik,
Iceland
April 2016

Green Energy Geothermal

Accelerating development with geothermal wellhead power plants
Green Energy Geothermal Overview

Incorporated in 2008

Solution developed in Iceland by leading

geothermal scientists and engineers

Lead by experienced executive team,

headquartered in London

Global company working across East

Africa, Southeast Asia, Latin America &
the Caribbean

Delivering geothermal wellhead power

plants in size 3.5 to 20 MWe

Today 12 plants are successfully

commissioned in Kenya with a combined
generation capacity of 65 MWe and
additional 3 plants with 15 MWe under
construction

Recognized for its solution in the 2013

Global Cleantech 100, won the 2014
Bloomberg New Energy Pioneer Award
and in 2015 nominated for the European
Geothermal Innovation Award

Green Energy Geothermal - April 2016

Green Energy Geothermal

Accelerating development with geothermal wellhead power plants
GEG geothermal wellhead power plants

Plants can be delivered as standalone units

or several units in power farms
Standardized design and components,
optimized to individual well characteristics
& output specifications

Modular design allows cost-efficient

electricity generation from remote and
stranded wells

Early access to revenue and lower up-front

investments compared to traditional largescale developments

Containerized modules allow for rapid

deployment and early revenues

Plants can be deployed and commissioned

on a EPC bases, within 12-14 months,
allowing faster return on investment

Cooling
towers

Green Energy Geothermal - April 2016

Condenser
and NCG
Extraction
Control
System and
panels

Steam
separator

Silencer

Green Energy Geothermal

Solution, scope of supply and services
GEG geothermal wellhead power plants

Plant sizes from 3.5 to 20 MWe, scalable

in power farms on turn-key basis

Condensing single flash technology

Design adaptable to specific well output

characteristics

Rapid deployment, early revenue

GEG plants and projects

12 plants commissioned and operating at

Olkaria in Kenya with total nameplate
capacity of 65.6 MWe

8 plants of 5 MWe and 4 plants of 6.4

MWe

3 plants of 5 MWe under construction,

expected start of operation of last plant
by June 2016

6 substations installed and operating

Green Energy Geothermal - April 2016

Green Energy Geothermal

Scope of supply and service
Scope of supply

Steam system
Modular plant, including generator-set,
cooling towers and related systems
Electrical, control and protection system

Scope of service

Shipping, supply, installation and

commissioning of entire plant
Design & engineering, quality
management
Supervision of GEG sub-contractors
Procurement to site
Preparation of installation and operating
manuals
Testing and commissioning, training of
operators

Additional supply and services

Main step-up transformer substations

Steam system and separator for dry steam
as replacement for two-phase alt. solution
Diesel Generator systems
Civil works, incl. excavation, plant fencing
with gates, trenches, drains and flood
protection
Operation & maintenance

Green Energy Geothermal - April 2016

Green Energy Geothermal

Additional equipment

Substations and related

equipment

GEG has developed

and delivered
equipment to connect
our plants to the grid.
Large modular
substation (1)
Mobile substation 8
MVA (2)

Green Energy Geothermal - April 2016

Green Energy Geothermal

Operational experience in Kenya

Total operational: 135,000 hrs (15 yrs)

Average availability 2014- today: 97.2%

Green Energy Geothermal - April 2016

Geothermal power plants

The traditional large-scale development approach
Traditional large-scale approach

Green Energy Geothermal - April 2016

Large number of wells

Revenue generation only after full

completion of plant

Development takes 4-7 years

Complex and tailor made solution

Not movable should reservoir

decline

Multiple wells, lowest pressure

well dictates operating pressure

High capital/ engineering cost

early in the project

Require large power installations,

massive piping and infrastructure

Substantial environmental impact.

Geothermal power plants

Scalable wellhead power plant approach
Wellhead plant

Green Energy Geothermal - April 2016

Single or multiple wells

1 year from contract to COD

Standardized set-up and

modules mitigate project risk

Modular approach provides

movability

Each well operated at

optimum pressure

Limited early stage capital

cost

Earlier return on investment

Small footprint, low visibility

and environmental impact

Conventional vs. wellhead plants

Resource development & risk

Resource development/ resource risk

Conventional/ large

Large number of wells required

Complex and tailor made solution

Wellhead plant

Single or multiple wells

Simple set up and standardized components

mitigate project risk

Not movable should reservoir decline

Modular approach provides movability

Multiple wells, lowest pressure well

dictates operating pressure

Each well operated at optimum pressure

Green Energy Geothermal - April 2016

Green Energy Geothermal

Wellhead power plant solution

Scalable from 3.5 to 20 MW units

per well
Components arrive in standard 40
containers
Ease of construction, installed on
site in a short period of time
Faster power online, earlier
revenues
Utilize wells outside reach of
traditional plants
Potential to utilize excess steam
from traditional plants

Conventional Geothermal Power Plant 50 MW

Year

10+

10+

Geological Research
Drilling
Evaluation
Construction
Operation

GEG units 50 MW development

Year

Geological Research
Drilling
Evaluation
Construction
Operation

Cash flow from operations

Green Energy Geothermal - April 2016

Conventional vs. wellhead plants

Faster revenues

Early power online/ Bankability

Conventional/ large

Wellhead plant

Cash flow late in the process

Early cash flow with plant on first well

Bankable relatively late in the

investment phase

Smaller investment phases,

Bankable early

Resource failure will have large

consequences - RISK

Can be relocated at relatively low cost in case

of resource failure

Green Energy Geothermal - April 2016

Conventional vs. wellhead plants

Summary

A projects success depends heavily on:

Efficient resource risk management

Thorough preliminary investigations

Careful planning and execution

Staged capacity build up to avoid over exploitation of the resource and unpleasant
unforeseen incidents

Being bankable soon in the investment phase

Be Observant on the Time-Value of Money!

Green Energy Geothermal - April 2016

Green Energy Geothermal

One well pad: 3x C50, 2x C64 plants in operation, 27,8MW

Green Energy Geothermal - April 2016

For more details on wellhead

plants of GEG see:
www.geg.co.uk