Techno-Economic Modeling of GENs with HEATNETS Model - Session 7-3

Learn about techno-economic modeling of Geothermal Energy Networks (GENs) through the HEATNETS model in this 13-minute lecture from MIT's geothermal energy course. Explore how Juliet Simpson from the National Renewable Energy Laboratory demonstrates the application of the HEATNETS model, which is being utilized in HEET's LeGUp project for analyzing the economic viability and technical feasibility of geothermal energy network systems. Discover the methodologies and frameworks used to evaluate the costs, benefits, and performance metrics of GEN implementations, providing essential insights for understanding how to assess and optimize geothermal energy infrastructure projects from both technical and economic perspectives.