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* - Case Study: 500 MWe EGS Project Modeled on Fervo Cape Station (`documentation <https://softwareengineerprogrammer.github.io/GEOPHIRES/Fervo_Project_Cape-4.html>`__)
|`Net Electricity Generation`| AC Degradation |`Annual AC degradation rate` schedule |`Utilityrate5`|`degradation`| Percentage difference of each year's `Net Electricity Generation` from `Maximum Total Electricity Generation` is input as SAM as the degradation rate schedule in order to match SAM's generation profile to GEOPHIRES |
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|`Total Capital Cost` + `Investment Tax Credit Value` + (`Inflation Rate During Construction` × `Total Capital Cost`) | Installation Costs|`Total Installed Cost`|`Singleowner`|`total_installed_cost`| ITC, if present, is added to GEOPHIRES total capital cost since SAM handles ITC credits in cash flow analysis. Inflation during construction is treated as an indirect EPC capital cost percentage.|
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|`Total CAPEX` × (1 + `Inflation Rate During Construction`) | Installation Costs|`Total Installed Cost`|`Singleowner`|`total_installed_cost`| Inflation during construction is treated as an indirect EPC capital cost percentage. 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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### Limitations
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1. Only Electricity end-use is supported
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2. Only 1 construction year is supported
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3. The following economic outputs are not calculated:
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1. Project VIR=PI=PIR
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2. Project MOIC
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3. Project Payback Period
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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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## Using SAM Economic Models with Existing GEOPHIRES Inputs
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In many cases, all you need to do to use SAM Economic Models for your existing GEOPHIRES inputs is to change the
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`Economic Model` parameter value.
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For example, if your GEOPHIRES `.txt` file contained the following:
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```
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# *** Financial Parameters ***
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Economic Model, 2, -- Standard Levelized Cost Model
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Discount Rate, .05
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Plant Lifetime, 25
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```
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You would change it to:
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```
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# *** Financial Parameters ***
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Economic Model, 5, -- SAM Single Owner PPA Economic Model
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Discount Rate, .05
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Plant Lifetime, 25
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```
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For inputs with the BICYCLE economic model, such as the following:
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```
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# *** Financial Parameters ***
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Economic Model, 3, -- BICYCLE
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Inflated Equity Interest Rate, .08
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Plant Lifetime, 30
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```
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Change `Economic Model` and replace `Inflated Equity Interest Rate` with a suitable `Discount Rate` and
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`Inflation Rate`:
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```
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# *** Financial Parameters ***
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Economic Model, 5, -- SAM Single Owner PPA Economic Model
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Discount Rate, .08
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Inflation Rate, .03
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Plant Lifetime, 30
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```
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## Re-creating SAM Economic Model Results in the SAM Desktop Application
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First, open `src/geophires_sam_economics/Generic_400_MWe.sam`
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in the SAM desktop application.
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Next, run GEOPHIRES for your input, e.g.:
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```
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python -mgeophires_x my-geophires-input.txt
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```
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Then check `src/geophires_x/all_messages_conf.log` for the SAM Economics Parameter Mapping entry:
Copy file name to clipboardExpand all lines: docs/overview.rst
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GEOPHIRES-X Reference Manual
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============================
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This reference manual is a supplement to the README in the GitHub repository.
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+ :doc:`parameters`
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+ :doc:`How-to-extend-GEOPHIRES-X`
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This reference manual is a supplement to the `Documentation section of the README <https://github.com/NREL/GEOPHIRES-X?tab=readme-ov-file#documentation>`__ in the GitHub repository.
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Click a topic in the Table of Contents on the left to view its documentation.
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