Multi-objective optimization under uncertainty of geothermal reservoirs using experimental design-based proxy models

Geothermal energy has a high potential to contribute to a more sustainable energy system if the associated economic risks can be overcome in the design process. The development planning of deep geothermal reservoirs (over 1000 m depth) relies on computer models to forecast and then optimize system design. Optimization is easy where all the objective's (e.g. NPV) optimization parameters and, most importantly, the geology are considered as known,...