GeoRePORT Protocol Volume IV: Socioeconomic Assessment Tool

The GeoRePORT System is based on the concept that a geothermal system can be described both in terms of the quality of the geothermal resource as it relates to the potential to extract heat (Resource Grade) and the progress of research and development over the lifetime of the project (Project Readiness Level). Socioeconomic Project Readiness Level is an assessment of the development of a geothermal area as a power generation facility. Five separate progression levels ranging from 'unknown/uneconomic' to 'secured' are designated, with criteria specific to socio-economic development that must be completed to move up the scale.