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Default update 23 #239

Merged
merged 10 commits into from
Sep 29, 2023
Merged

Default update 23 #239

merged 10 commits into from
Sep 29, 2023

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emika-brown
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@emika-brown emika-brown commented Jul 13, 2023

End of FY23 REopt defaults updates.

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Input name (manual) Reopt Input Key Reopt input name Current Default New Default
Owner Discount rate, nominal (%) Financial owner_discount_rate_fraction 0.0564 0.0638
Offtaker Discount rate, nominal (%) Financial offtaker_discount_rate_fraction 0.0564 0.0638
Electricity cost escalation rate, nominal (%) Financial elec_cost_escalation_rate_fraction 0.019 0.017
Existing boiler fuel cost escalation rate, nominal (%) Financial existing_boiler_fuel_cost_escalation_rate_fraction 0.034 0.015
Boiler fuel cost escalation rate, nominal (%) Financial boiler_fuel_cost_escalation_rate_fraction 0.034 0.015
CHP fuel cost escalation rate, nominal (%) Financial chp_fuel_cost_escalation_rate_fraction 0.034 0.015
Generator fuel cost escalation rate, nominal (%) Financial generator_fuel_cost_escalation_rate_fraction 0.027 0.012
Array tilt – Ground mount, Fixed PV tilt latitude 20
O&M cost ($/kW/year) PV om_cost_per_kw 17 18
System capital cost ($/kW) PV installed_cost_per_kw 1592 1790
Energy capacity cost ($/kWh) ElectricStorage installed_cost_per_kwh 388 455
Power capacity cost ($/kW) ElectricStorage installed_cost_per_kw 775 910
Energy capacity replacement cost ($/kWh) ElectricStorage replace_cost_per_kwh 220 318
Power capacity replacement cost ($/kW) ElectricStorage replace_cost_per_kw 440 715
Fuel burn rate by generator capacity (gal/kWh) Generator fuel_slope_gal_per_kwh 0.076 removed and replaced with full and half-load efficiencies
Electric efficiency at 100% load (% HHV-basis) Generator electric_efficiency_full_load N/A - new input 0.322
Electric efficiency at 50% load (% HHV-basis) Generator electric_efficiency_half_load N/A - new input 0.322
Generator fuel higher heating value (HHV) Generator fuel_higher_heating_value_kwh_per_gal N/A - new input 40.7
System capital cost ($/kW) Generator installed_cost_per_kw 500 $650 if the generator only runs during outages; $800 if it is allowed to run parallel with the grid; $880 for off-grid
Fixed O&M ($/kW/yr) Generator om_cost_per_kw Grid connected: 10 Off-grid: 20 Grid connected: 20 Off-grid: 10
System capital cost ($/kW) Class Wind size_class_to_installed_cost residential - 5675 commercial - 4300 medium - 2766 large - 2239 residential - 6339 commercial - 4760 medium - 3137 large - 2386
O&M cost ($/kW/year) Wind om_cost_per_kw 35 36

Defaults modified: om_cost_escalation_rate_fraction, elec_cost_escalation_rate_fraction, existing_boiler_fuel_cost_escalation_rate_fraction, boiler_fuel_cost_escalation_rate_fraction, chp_fuel_cost_escalation_rate_fraction, generator_fuel_cost_escalation_rate_fraction, offtaker_tax_rate_fraction, offtaker_discount_rate_fraction, owner_tax_rate_fraction, and owner_discount_rate_fraction
Defaults modified for installed_cost_per_kw, and om_cost_per_kw
Modifications made to the defaults for installed_cost_per_kw, installed_cost_per_kwh, fuel_cost_per_gallon, and size_class_to_installed_cost dictionary.
Updated the default tilt angle for ground mount PV from the site latitude to 25 degrees.
@adfarth

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@adfarth adfarth marked this pull request as ready for review September 28, 2023 17:52
@Bill-Becker Bill-Becker self-requested a review September 28, 2023 21:31
@adfarth adfarth merged commit ef1e837 into develop Sep 29, 2023
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@adfarth adfarth deleted the default_update_23 branch September 29, 2023 18:49
rathod-b pushed a commit that referenced this pull request Mar 8, 2024
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3 participants