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Document SAM-EM Add-ons support
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docs/SAM-Economic-Models.md

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@@ -30,6 +30,7 @@ The following table describes how GEOPHIRES parameters are transformed into SAM
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| `Fraction of Investment in Bonds` | Financial Parameters → Project Term Debt | `Debt percent` | `Singleowner` | `debt_percent` | .. N/A |
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| `Inflated Bond Interest Rate` | Financial Parameters → Project Term Debt | `Annual interest rate` | `Singleowner` | `term_int_rate` | .. N/A |
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| `Starting Electricity Sale Price`, `Ending Electricity Sale Price`, `Electricity Escalation Rate Per Year`, `Electricity Escalation Start Year` | Revenue | `PPA price` | `Singleowner` | `ppa_price_input` | GEOPHIRES's pricing model is used to create a PPA price schedule that is passed to SAM. |
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| `Total AddOn Profit Gained` | Revenue → Capacity Payments | `Fixed amount`, `Capacity payment amount` | `Singleowner` | `cp_capacity_payment_type = 1`, `cp_capacity_payment_amount` | |
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| `Investment Tax Credit Rate` | Incentives → Investment Tax Credit (ITC) | `Federal``Percentage (%)` | `Singleowner` | `itc_fed_percent` | Note that unlike the BICYCLE Economic Model's `Total capital costs`, SAM Economic Model's `Total CAPEX` is the total installed cost and does not subtract ITC value (if present). |
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| `Production Tax Credit Electricity` | Incentives → Production Tax Credit (PTC) | `Federal``Amount ($/kWh)` | `Singleowner` | `ptc_fed_amount` | .. N/A |
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| `Production Tax Credit Duration` | Incentives → Production Tax Credit (PTC) | `Federal``Term (years)` | `Singleowner` | `ptc_fed_term` | .. N/A |
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### Limitations
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1. Only Electricity end-use is supported
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2. Only 1 construction year is supported. Note that the `Inflation Rate During Construction` parameter can be used to partially account for longer construction periods.
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2. Only 1 construction year is supported. Note that the `Inflation Rate During Construction` parameter can be used to
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partially account for longer construction periods.
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3. Add-ons electricity and heat are not currently supported. (Add-ons CAPEX, OPEX, and profit are supported.)
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## Using SAM Economic Models with Existing GEOPHIRES Inputs
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![](sam-desktop-app-manually-enter-system-capacity-from-geophires-log.png)
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## Add-Ons
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SAM Economic Models incorporate add-ons directly, unlike other GEOPHIRES economic models, which calculate separate
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extended economics.
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Total Add-on CAPEX is added to Total CAPEX.
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Total Add-on OPEX is added to Total operating and maintenance costs.
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Total AddOn Profit Gained per year is treated as fixed amount Capacity payment revenue.
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## Examples
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### SAM Single Owner PPA: 50 MWe

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