Bog'liq FINAL Geothermal Handbook TR002-12 Reduced
PhASES IN gEOThErMAL dEvELOPMENT. To better understand the nature of the risks that are specific to
geothermal power, it is helpful to consider the project cost and risk profile through the various stages of
project development as shown in Figure 0.1.
A geothermal power project can be divided into a series of development phases before the actual
operation and maintenance phase commences:
• preliminary survey;
• exploration;
• test drilling;
• project review and planning;
• field development and production drilling;
• construction; and
• start-up and commissioning.
G e o t h e r m a l H a n d b o o k : P l a n n i n g a n d F i n a n c i n g P o w e r G e n e r a t i o n
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