SourceCode.Power.ftt_p_costc

ftt_p_costc.py

Power cost-supply curves module.

Cost-supply curves give the cost of a resource as a function of its quantity, and hence provide the marginal cost of each resource. For example, if a fossil fuel resource is running out, the fuel cost increases. For e.g. hydropower, if there are less accessible places to build, then the investment cost goes up. For variable renewables, the load factor (the number of hours it delivers to the grid, divide by the number of hours in a year).

Functions included:

• marginal_costs_nonrenewables

  Calculates marginal cost of production of non renewable resources

• cost_curves

  Calculates cost-supply curves for the power sector

Functions

cost_curves(BCET, BCSC, MEWD, MEWG, MEWL, ...)	FTT: Power cost-supply curves routine.
marginal_costs_nonrenewables(MEPD, RERY, ...)	Marginal cost of production of non-renewable resources.
update_capacity_factors(BCET, BCSC, MEWL, ...)	New capacity factor method.
update_capacity_factors_original(BCET, MEWG, ...)
update_fuel_costs(BCET, MERC, MRCL, ...)	For nuclear, oil, coal and gas, update fuel costs based on changes to MERC compared to the previous time step
update_investment_cost(BCET, BCSC, CSC_Q, ...)	Increasing investment term type of limit, for technologies such as hydropower and geothermal.