CEF172 - Geothermal Heat Pump Project Feasibility Analysis Course

The Geothermal Heat Pump Project Feasibility Analysis certificate course (previously RS171TH) is based on a case-study learning approach and expands on the curriculum initially developed by the RETScreen division of Natural Resources Canada. The training material for the course includes multimedia presentations on Geothermal Heat Pump technologies, RETScreen (clean energy project analysis software) and RETScreen Engineering & Cases electronic textbook, as well as various other related resources. The learning is guided by one or more facilitators available to participants via Skype VoIP or text messaging, weekly teleconferencing, discussion forums, etc.

The course covers Geothermal Heat Pumps for:

  • Space heating
  • Space cooling
  • Water heating
  • Residential, commercial, industrial, institutional buildings and applications

Course content:

  • Overview of geothermal heat pump systems
  • Geothermal heat pump system components
  • Liquid-source heat pumps
  • Heat exchangers
  • Geothermal heat pump residential, commercial, and institutional building systems
  • Geothermal heat pump system and project costs
  • Geothermal heat pump project feasibility tools, methods, and elements
  • Guided exercises on performing RETScreen geothermal heat project analysis
  • Assignment on planning and conducting a geothermal heat pump project feasibility analysis based on a case study
  • Real-world feasibility analysis projects

What you will learn:

By the end of the course, successful participants will have acquired the essential skills and knowledge to perform a feasibility analysis that will enable stakeholders to decided whether or not to proceed with a potential renewable energy project. Specifically, successful participants will have learned:

  • The technologies of geothermal heat pump systems, the various types of geothermal heat pump projects, the equipment and processes involved, in what context they are most interesting and appropriate
  • How to identify economically viable potential geothermal heat pump projects
  • How to perform full-scale project feasibility analysis for geothermal heat pump projects
  • How to use RETScreen to evaluate the quantitative technical and economic factors of geothermal heat pump projects
  • The complete method to calculate the payback, return on investment and other financial ratios for geothermal heat pump projects