Geothermal Energy Storage (Geo-TES) Using Traditional Oil Reservoirs

Abstract

Abstract Developing power grid stabilizing, zero emissions power production projects is a critical component to meeting California’s year 2045 greenhouse gas emissions reduction targets and clean power requirements. Established oilfields in the San Joaquin Valley, coupled with favorable solar irradiance characteristics, offer a transformational opportunity for the oil and gas industry that could meet the state’s long-duration storage needs through the use of synthetic geothermal methods, integrating Geothermal Energy Storage (GeoTES) practices. Premier Resources Management (PRM) is planning a demonstration project which demonstrates that this innovative process, appropriately expanded, can meet the electric power production needs for the people of California. Application of unguided process application can result in uneconomic investment practices, however.