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Hello,
I'm Chandra. I have run the EPAUS9rT database in TIMES. I'm trying to pull the cost of electricity produced by coal-fired power plants from BE. The process set would be ELC-COAL, the commodity would be ELC. What attribute corresponds to the cost of this electricity produced? It would be great if you could help me with this issue.
Thank you very much,
Regards,
Chandra
Posts: 850
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Joined: Jun 2010
In general, there is no single reporting attribute that would give the cost of electricity produced by a given process, because each process may have any number of outputs. But one can request levelized costs to be reported (for new technologies only), by selecting the option in the VEDA Control panel. See
TIMES Levelized Cost.
In addition, you can utilize the annualized cost reporting. The annualized costs related to any given power plant process are reported in the attributes Cost_Inv (investments), Cost_Dec (decommissioning), Cost_Fom (fixed O&M costs), Cost_Act (activity-related costs), Cost_Flo (flow-related costs). The costs of the input fuels are not included in these, but they can be obtained by multiplying the commodity balance marginals (EQ_CombalM) with the input flows. One can also request the value flows (each process flow multiplied by the commodity price) to be automatically reported for all processes by using the option RPT_OPT('FLO','3')=1. Thus, you could add the value flows of the input fuels to the annualized costs mentioned above to get the total annualized costs of the power plant.
For getting most consistent results from using the options described above, one can additionally recommend using the following switches:
$SET OBLONG YES
$SET ANNCOST LEV
Posts: 2
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Joined: Jan 2020
(27-01-2020, 08:17 PM)Antti-L Wrote: In general, there is no single reporting attribute that would give the cost of electricity produced by a given process, because each process may have any number of outputs. But one can request levelized costs to be reported (for new technologies only), by selecting the option in the VEDA Control panel. See TIMES Levelized Cost.
In addition, you can utilize the annualized cost reporting. The annualized costs related to any given power plant process are reported in the attributes Cost_Inv (investments), Cost_Dec (decommissioning), Cost_Fom (fixed O&M costs), Cost_Act (activity-related costs), Cost_Flo (flow-related costs). The costs of the input fuels are not included in these, but they can be obtained by multiplying the commodity balance marginals (EQ_CombalM) with the input flows. One can also request the value flows (each process flow multiplied by the commodity price) to be automatically reported for all processes by using the option RPT_OPT('FLO','3')=1. Thus, you could add the value flows of the input fuels to the annualized costs mentioned above to get the total annualized costs of the power plant.
For getting most consistent results from using the options described above, one can additionally recommend using the following switches:
$SET OBLONG YES
$SET ANNCOST LEV
Hello Antti-L,
Thank you for the response. I will try the above-mentioned steps.
With kind regards,
Chandra
