Geothermal Energy Investment Workshops

Mannvit has over five decades of experience in geothermal energy development. This experience includes all stages of development from very early research and exploration to fully operational power plants.

To provide an educational forum for the growing number of geothermal investor prospects, Mannvit offers one or two-day geothermal development training workshops from the company’s headquarters in Reykjavik, Iceland. The consultancy team in these sessions consists of geothermal experts in every field. This workshop will provide the following:

Evaluating the risk/reward of a geothermal investment opportunity
Capital and operating expenditures of geothermal development
Variables between geothermal reservoirs (size and viability of the energy source)
Stages of geothermal development
Geothermal project management
Site visit to a geothermal power plant

Rýni og mat á gögnum jarðhitasvæða - Mannvit.is

The sessions will provide a comprehensive overview of geothermal resource development. Our experts will explain all the pertinent stages of geothermal development, including Mannvit's own methods for developing projects.

A typical geothermal workshop agenda is as follows:

Day one:

Short introduction to Mannvit's experience and capabilities in geothermal energy
Understanding Geothermal Reservoirs - led by Mannvit geothermal reservoir specialist
Risk management and mitigation
Resource uniqueness
Geothermal project development
Development risk factors
Resource production potential
Reservoir modelling
Resource management

Project Example: Geothermal district heating project (Greenfield) - led by Mannvit geothermal specialist

Reservoir evaluation and well site location
Geothermal field and power plant - led by Mannvit mechanical engineer and plant designer
Working Cycles
Equipment
CAPEX & OPEX

Operation and Maintenance of a geothermal plant and reservoir - led by Mannvit Technician or Mechanical Engineer

Geothermal Project Management - led by Mannvit project manager
Project management models in geothermal energy projects
Feasibility gates
The big picture - theory and project example

Day two:

Site visit to large geothermal area and power plant
Site visit to the Reykjavik municipal distribution system for hot water, wells and control systems
Wrap-up and Q&A

The program increases understanding of the different development steps and the exploration, operational, cost, hazardous and socio-environmental risks involved.