2023
DOI: 10.1016/j.ijft.2023.100323
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A State-of-the-Art Review on Geothermal Energy Extraction, Utilization, and Improvement Strategies: Conventional, Hybridized, and Enhanced Geothermal Systems

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Cited by 88 publications
(16 citation statements)
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“…The revenues, R, connected to electric energy saving, are defined as shown in equation ( 8) where el c is the specific cost for electric energy purchase. The economic indexes used the analysis are the simple payback, SPB, and the net present value, NPV, which are reported in Equations ( 9) and (10), respectively, where AES is annual economic saving, which is the sum of the revenues and the operational costs of the system and AF is the annual factor, determined as a function of the discounting rate and the lifetime of the service.…”
Section: Economic and Environmental Modelmentioning
confidence: 99%
See 1 more Smart Citation
“…The revenues, R, connected to electric energy saving, are defined as shown in equation ( 8) where el c is the specific cost for electric energy purchase. The economic indexes used the analysis are the simple payback, SPB, and the net present value, NPV, which are reported in Equations ( 9) and (10), respectively, where AES is annual economic saving, which is the sum of the revenues and the operational costs of the system and AF is the annual factor, determined as a function of the discounting rate and the lifetime of the service.…”
Section: Economic and Environmental Modelmentioning
confidence: 99%
“…Geothermal sources may be classified as high-and low-temperature. Energy production primarily relies on high-temperature geothermal resources, while low to medium ones are mainly utilized for non-electric applications [10]. In this work, the use of a low-temperature geothermal source is proposed to increase the sustainability of energy generation in small islands.…”
Section: Introductionmentioning
confidence: 99%
“…Other countries with signi cant geothermal energy production include Indonesia, the Philippines, Turkey, New Zealand, and Mexico. Iceland is another country with a high level of geothermal energy production, with over 26% of its total energy consumption coming from geothermal sources [40]. Iceland unique geology and abundant geothermal resources have allowed it to become a leader in geothermal energy production, with an installed capacity of over 700 MW and an annual production of over 6 TWh [41,42].…”
Section: Geothermal Energymentioning
confidence: 99%
“…The world's total installed capacity is forecasted to be ~19-19.5 GW in the year 2025. Moreover, according to the World Energy Council, the estimated rate of annual compound growth of the geothermal industry from 2015 to 2060 will be around 5.4%, 4.6%, or 3.4%, respectively, under one of three optimistic, basic, or pessimistic scenarios [81].…”
Section: Geothermal Energymentioning
confidence: 99%