ITEC’s primary work is project coordination and management services necessary to ensure the successful development of sustainable geothermal electrical power generation facilities.
ITEC’s pricing approach is based on a consulting and coordination fee, structured into the estimated costs for each of a project’s anticipated life-cycle stages. These include:
a. prospective client feasibility study;
b. site exploration with associated research;
c. site and well(s) bore planning and development;
d. power facility emplacement, construction, development, testing, initialization, and sustainment; and
e. facility testing, production operations, maintenance, and continuous facility life-cycle upgrades and improvements.
The above noted project phases and associated costs vary on a project by project, case by case basis. Costs can range by a variety of influencing factors. These may include site topography, sub-surface geological conditions, site accessibility and remoteness, and specific client type to name only a few of the myriad of potential parameters that are required to be factored into a geothermal plant development framework.