Skip to content

Commit 994a6da

Browse files
'Using SAM Economic Models with Existing GEOPHIRES Inputs' documentation
1 parent 703236a commit 994a6da

File tree

1 file changed

+42
-0
lines changed

1 file changed

+42
-0
lines changed

docs/SAM-Economic-Models.md

Lines changed: 42 additions & 0 deletions
Original file line numberDiff line numberDiff line change
@@ -53,3 +53,45 @@ The following table describes how GEOPHIRES parameters are transformed into SAM
5353
1. Project VIR=PI=PIR
5454
2. Project MOIC
5555
3. Project Payback Period
56+
57+
## Using SAM Economic Models with Existing GEOPHIRES Inputs
58+
59+
In many cases, all you need to do to use SAM Economic Models for your existing GEOPHIRES inputs is to change the `Economic Model` parameter value.
60+
For example, if your GEOPHIRES `.txt` file contained the following:
61+
62+
```
63+
# *** Financial Parameters ***
64+
Economic Model, 2, -- Standard Levelized Cost Model
65+
Discount Rate, .05
66+
Inflation Rate During Construction, 0
67+
Plant Lifetime, 25
68+
```
69+
70+
You would change it to:
71+
72+
```
73+
# *** Financial Parameters ***
74+
Economic Model, 5, -- SAM Single Owner PPA Economic Model
75+
Discount Rate, .05
76+
Inflation Rate During Construction, 0
77+
Plant Lifetime, 25
78+
```
79+
80+
For inputs with the BICYCLE economic model, such as the following:
81+
82+
```
83+
# *** Financial Parameters ***
84+
Economic Model, 3, -- BICYCLE
85+
Inflated Equity Interest Rate, .08
86+
Plant Lifetime, 30
87+
```
88+
89+
Change `Economic Model` and replace `Inflated Equity Interest Rate` with a suitable `Discount Rate` and `Inflation Rate`:
90+
91+
```
92+
# *** Financial Parameters ***
93+
Economic Model, 5, -- SAM Single Owner PPA Economic Model
94+
Discount Rate, .08
95+
Inflation Rate, .03
96+
Plant Lifetime, 30
97+
```

0 commit comments

Comments
 (0)