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15yrs x $1b = $15b
So, the cost per MW would be $15b/100,000MW = $150,000/MW or $150/KW
Isn't this a trifle unrealistic? If true, why are we even considering wind, or anything else for that matter?
100,000 MW of installed geothermal is mentioned as an upper limit in several charts and figures. I would say we can assume this figure to be correct. What is suspect, however, is the $1 billion per year for 15 years. My guess is the investment stated would be closer to $10 billion per year or, for a lower monetary amount, the timeframe would have to stretch out way beyond 15 years. And this would assume an average cost of $1.5 million/MW installed – dirt cheap by today's standards and somewhat unrealistic when one takes into account the associated drilling costs.
So, there is probably a typo somewhere in here. In any event, Dr Tester and the other members of the crew have all been very helpful to me in the past I am sure you will get a satisfactory answer from them.