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Tweak Fervo_Project_Cape-4 stimulation cost adjustment factor documentation to remove probably-erroneous claim about typical range for NOAK being $0.5-2M.
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@@ -47,7 +47,7 @@ in source code for the full set of inputs.
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| Inflation Rate | 2.3% | US inflation rate as of April 2025 |
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| PPA Price | Starting at 9.5 cents/kWh, escalating to 10 cents/kWh by project year 11 | Upper end of ranges given in 2024 NREL ATB (NREL, 2024). Both PPAs 'firm for 10 years at less than $100/MWh' estimate given in a podcast. |
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| Well Drilling Cost Correlation & Adjustment Factor | Vertical large baseline correlation + adjustment factor = 0.8 to align with Fervo claimed drilling costs of <$4M/well | Akindipe & Witter, 2025; Latimer, 2025. |
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| Reservoir Stimulation Capital Cost Adjustment Factor | 2.66 | Estimated cost of ~$2M per well. Typical range for Nth-of-kind projects may be $0.5–2M. |
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| Reservoir Stimulation Capital Cost Adjustment Factor | 2.66 | Estimated cost of ~$2M per well. Typical range for first-of-kind projects may be higher.|
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| Capital Cost for Power Plant for Electricity Generation | $1900/kW | US DOE, 2021. |
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| Discount Rate | 12% | Typical discount rates for high-risk projects may be 12–15% |
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