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Set default DR/FIR to 7% per sync discussion re: NREL#302
1 parent 381f796 commit e49a1f5

36 files changed

+191
-191
lines changed

src/geophires_x/Economics.py

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@@ -838,7 +838,7 @@ def __init__(self, model: Model):
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ToolTipText="Fixed charge rate (FCR) used in the Fixed Charge Rate Model"
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)
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discount_rate_default_val = 0.0625
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discount_rate_default_val = 0.07
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self.discountrate = self.ParameterDict[self.discountrate.Name] = floatParameter(
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"Discount Rate",
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DefaultValue=discount_rate_default_val,

tests/examples/Beckers_et_al_2023_Tabulated_Database_Coaxial_sCO2_heat.out

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@@ -5,9 +5,9 @@
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Simulation Metadata
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----------------------
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GEOPHIRES Version: 3.6.0
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Simulation Date: 2024-10-10
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Simulation Time: 11:54
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Calculation Time: 0.730 sec
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Simulation Date: 2024-10-15
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Simulation Time: 13:07
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Calculation Time: 0.783 sec
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***AGS/CLGS STYLE OUTPUT***
@@ -33,7 +33,7 @@ Simulation Metadata
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Drilling Cost: 7.0 MUSD
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Surface Plant Cost: 0.1 MUSD
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OPEX: 2.1 KUSD/yr
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LCOH: 50.1 USD/MWh
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LCOH: 54.1 USD/MWh
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******************************
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* POWER GENERATION PROFILE *

tests/examples/Beckers_et_al_2023_Tabulated_Database_Coaxial_water_heat.out

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@@ -5,9 +5,9 @@
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Simulation Metadata
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----------------------
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GEOPHIRES Version: 3.6.0
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Simulation Date: 2024-10-10
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Simulation Time: 11:54
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Calculation Time: 0.662 sec
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Simulation Date: 2024-10-15
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Simulation Time: 13:07
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Calculation Time: 0.721 sec
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***AGS/CLGS STYLE OUTPUT***
@@ -33,7 +33,7 @@ Simulation Metadata
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Drilling Cost: 12.0 MUSD
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Surface Plant Cost: 0.5 MUSD
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OPEX: 142.2 KUSD/yr
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LCOH: 27.8 USD/MWh
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LCOH: 29.7 USD/MWh
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******************************
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* POWER GENERATION PROFILE *

tests/examples/Beckers_et_al_2023_Tabulated_Database_Uloop_sCO2_elec.out

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@@ -5,9 +5,9 @@
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Simulation Metadata
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GEOPHIRES Version: 3.6.0
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Simulation Date: 2024-10-10
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Simulation Time: 11:55
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Calculation Time: 0.790 sec
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Simulation Date: 2024-10-15
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Simulation Time: 13:08
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Calculation Time: 0.800 sec
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***AGS/CLGS STYLE OUTPUT***
@@ -35,7 +35,7 @@ Simulation Metadata
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Drilling Cost: 15.0 MUSD
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Surface Plant Cost: 0.9 MUSD
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OPEX: 13.2 KUSD/yr
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LCOE: 557.6 USD/MWh
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LCOE: 601.4 USD/MWh
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******************************
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* POWER GENERATION PROFILE *

tests/examples/Beckers_et_al_2023_Tabulated_Database_Uloop_sCO2_heat.out

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@@ -5,9 +5,9 @@
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Simulation Metadata
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----------------------
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GEOPHIRES Version: 3.6.0
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Simulation Date: 2024-10-10
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Simulation Time: 11:54
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Calculation Time: 0.724 sec
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Simulation Date: 2024-10-15
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Simulation Time: 13:08
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Calculation Time: 0.822 sec
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***AGS/CLGS STYLE OUTPUT***
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Drilling Cost: 15.0 MUSD
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Surface Plant Cost: 0.4 MUSD
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OPEX: 6.0 KUSD/yr
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LCOH: 35.9 USD/MWh
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LCOH: 38.8 USD/MWh
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******************************
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* POWER GENERATION PROFILE *

tests/examples/Beckers_et_al_2023_Tabulated_Database_Uloop_water_elec.out

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@@ -5,9 +5,9 @@
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Simulation Metadata
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GEOPHIRES Version: 3.6.0
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Simulation Date: 2024-10-10
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Simulation Time: 11:54
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Calculation Time: 0.741 sec
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Simulation Date: 2024-10-15
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Simulation Time: 13:07
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Calculation Time: 0.792 sec
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***AGS/CLGS STYLE OUTPUT***
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Drilling Cost: 15.0 MUSD
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Surface Plant Cost: 1.2 MUSD
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OPEX: 18.6 KUSD/yr
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LCOE: 405.7 USD/MWh
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LCOE: 437.5 USD/MWh
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******************************
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* POWER GENERATION PROFILE *

tests/examples/Beckers_et_al_2023_Tabulated_Database_Uloop_water_heat.out

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Simulation Metadata
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GEOPHIRES Version: 3.6.0
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Simulation Date: 2024-10-10
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Simulation Time: 11:55
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Calculation Time: 0.838 sec
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Simulation Date: 2024-10-15
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Simulation Time: 13:08
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Calculation Time: 0.856 sec
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***AGS/CLGS STYLE OUTPUT***
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Drilling Cost: 15.0 MUSD
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Surface Plant Cost: 0.5 MUSD
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OPEX: 7.8 KUSD/yr
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LCOH: 28.3 USD/MWh
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LCOH: 30.5 USD/MWh
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******************************
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* POWER GENERATION PROFILE *

tests/examples/Fervo_Norbeck_Latimer_2023.out

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@@ -4,10 +4,10 @@
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Simulation Metadata
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----------------------
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GEOPHIRES Version: 3.5.0
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Simulation Date: 2024-07-24
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Simulation Time: 18:06
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Calculation Time: 1.152 sec
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GEOPHIRES Version: 3.6.0
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Simulation Date: 2024-10-15
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Simulation Time: 13:08
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Calculation Time: 0.447 sec
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***SUMMARY OF RESULTS***
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Accrued financing during construction: 5.00
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Project lifetime: 10 yr
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Capacity factor: 90.0 %
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Project NPV: -12.65 MUSD
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Project NPV: -13.14 MUSD
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Project IRR: -5.39 %
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Project VIR=PI=PIR: 0.53
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Project VIR=PI=PIR: 0.51
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Project MOIC: -0.21
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Project Payback Period: N/A
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Estimated Jobs Created: 6

tests/examples/Fervo_Project_Cape-2.out

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@@ -5,9 +5,9 @@
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Simulation Metadata
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GEOPHIRES Version: 3.6.0
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Simulation Date: 2024-10-04
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Simulation Time: 13:05
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Calculation Time: 0.653 sec
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Simulation Date: 2024-10-15
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Simulation Time: 13:08
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Calculation Time: 0.662 sec
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***SUMMARY OF RESULTS***
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Accrued financing during construction: 5.00
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Project lifetime: 15 yr
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Capacity factor: 90.0 %
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Project NPV: 46.67 MUSD
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Project NPV: 41.82 MUSD
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Project IRR: 17.54 %
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Project VIR=PI=PIR: 1.92
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Project VIR=PI=PIR: 1.82
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Project MOIC: 1.40
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Project Payback Period: 6.50 yr
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Estimated Jobs Created: 19

tests/examples/Fervo_Project_Cape-3.out

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@@ -6,8 +6,8 @@ Simulation Metadata
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GEOPHIRES Version: 3.6.0
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Simulation Date: 2024-10-15
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Simulation Time: 12:15
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Calculation Time: 0.688 sec
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Simulation Time: 13:08
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Calculation Time: 0.658 sec
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***SUMMARY OF RESULTS***
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Accrued financing during construction: 5.00
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Project lifetime: 15 yr
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Capacity factor: 90.0 %
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Project NPV: 3504.77 MUSD
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Project NPV: 3259.56 MUSD
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Project IRR: 32.85 %
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Project VIR=PI=PIR: 3.42
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Project VIR=PI=PIR: 3.25
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Project MOIC: 3.59
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Project Payback Period: 4.15 yr
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Estimated Jobs Created: 975

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