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  • Operational Feasibility Assessment of Geothermal Heat Harnessing Systems
    46-53
    Views:
    128

    Renewable energy sources are now essential to establish sustainable development. This paper examines one kind of source the geothermal energy. For geothermal energy when combined with a heat pump COP can be used for evaluation. For solely geothermal sources different approach is needed thus in the paper, a new geothermal heat production coefficient is used to examine the operational feasibility. For the assessment, many hypothetical buildings were created to model their heat demands. Two types of calculation methods are used for heat demand calculation. Based on the results, the maximum depth of a geothermal borehole and economically critical qualitative coefficient was concluded.

  • Human security issues of deep wells retraining
    114-123
    Views:
    69

    Nowadays, in the world's energy production structure, fossil fuels dominate and at the same time cause a number of environmental problems. Comparing the use of conventional fossil fuels with geothermal energy, this kind of energy production is extremely beneficial, as there are no pollutants and a renewable energy source. Moreover, if we want to compare geothermal energy with other renewable energy sources (such as wind energy, solar energy, etc.), much of the benefits can also be attributed to geothermal energy becouse it is a stable energy source and the area requirement is low. Due to these extremely favorable properties, the study of the applicability of geothermal energy is gaining ground in renewable energy sources. In addition, it is well known that there are approximately 20 to 30 million abandoned oil wells in the world, plus sealed wells for other purposes, and the final number may be much larger. In the case of abandoned oil wells, the escaping residual oil may be a problem, which can lead to significant environmental problems. Taking these factors into account, research on the recyclability of abandoned wells for geothermal purposes becomes a target for more and more research topics around the world. It is interesting to note that a significant part of the publications are concerned with examining the technological potential of energy utilization, studying heat transport processes, and generating general, energetic or economical evaluations. A publication of a kind that would have evaluated the safety of recyclable abandoned wells in publishing databases was limited. It is therefore an important question that the abandoned wells, from the point of view of human security and environmental protection. How can they be reactive, how can the new technological elements be built up and how much human security factors of the newly created system are affected by the existing elements?

  • Geothermal energy utilization in the Bükkalja region by reusing abandoned hydrocarbon wells
    351-357
    Views:
    265

    Hungary is a country in an inactive volcanic area, but with a geothermal potentical recognized bot hat European and international level. The geothermal gradient of the country is ~ 45°C/km on avarage, while in other countries it is ~ 20-30 °C/km. Accordingly, the temperature can reach 55-60°C at 1 km and 100-130°C at depths of 2 km. There are many types of extraction and utilization of geothermal energy, of which a large group is energy recovery . This direction is not typical in Hungary, so it is worth developing. The developement of the sector is slow due to high initial invertment demand and the long planning phase. On the one hand, the aim of our reserach is to take steps to remedy this problem by examining the funcion change of a barren well. Int he foreground and peripheral areas of the Bükk Mountains, there are numerous unused hydrocarbon wells, which our work is examining for energy purposes with a view to their later utilization. The present study focuses on 13 abandoned wells in the Pünkösd Mountain, area of Bükkalja, Demjén.

  • Modern use of geothermal energy in Nagyszénás (Case Study)
    106-115
    Views:
    167

    A project based on geothermal energy use in Nagyszénás, Békés County, Hungary, was finished on December 20, 2015. The construction investments were realized with the support of the European Union from tender funds won in the financial cycle of 2007-2013 in the total value of HUF 1.578 billion. The thermal water utilization investment was realized with unique technical solutions in the country, and as a result, a modern, economical heating system using green energy source was built, and now provides energy for the public institutions of the settlement and for the newly established bath complex. During construction and operation, several unforeseen technical problems arose, which could only be solved by using new technical elements. The high salinity and high temperature of the extracted thermal water required special engineering solutions. During operation, modifications and changes in technological elements were required at several points for the safe operation. The purpose of this article is to present these technical interventions, which made the reliable operation possible, thus the system provides a suitable alternative to natural gas-based heating.

  • Analysis of the Financing and Return on a Geothermal Investment – Case Study
    395-409
    Views:
    116

    Implementing a geothermal energy investment involves a significant amount of capital investment for a local government which cannot be realized only from its own sources therefore, it is necessary to involve external financial resources. In this article, I look at what resources the local government can get involved in implementing the investment planned by the local government. I also analyse the different combinations of these sources and when using different resources, how does the internal return on investment and its net present value change.

  • Risk Financing and Financing Risks In Case of Geothermal Investments
    191-201
    Views:
    109

    In an investment process various sizes and types of risk arise. In project financing risk sharing is based on the assumption that the risk is to be borne by who is able to control and influence it. The article examines that project financing as a risk management technique is applicable to the treatment of geothermal investment risks.

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