In order to eventually use geothermal energy in the residential area or community as the main source of heating, it is necessary to talk about investments. It is important to get that financial aspect as clear as possible to avoid unpleasant surprises.
The world of investors has a logic of finance, banking, investing, venture-capitalists, angel-investment, pitch-decks, technical-readiness-levels, portfolio-theory, statistics, econometrics and lots of regulations and more. That world also has its own jargon. Yet it is important for geothermal development.
Investors are, in simple terms, parties willing to take financial risk and make their money by doing so. The better they understand the business, the more success examples there are, the more limited the uncertainties. The lower investors will assess the final risk and thus be willing to put money on the table.
The key is to grasp that jargon. GGNcalc helps “translate” everyday variables into investment jargon.
A “calculation formula” will be available at the bottom of this page soon. This will allow everyone to work with their own numbers and figures to calculate for each specific unique situation what is possible and what investments are needed. For GGN, it is important that consumers get started and make their own choices.
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