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Inflation costs during construction [v3.9.42] #89
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… comment out all existing filters (and add your own temporary one on the line below)
…remove Accrued financing during construction field
…ction tooltip text
…ng equivalent to Accrued financing during construction. Calculate Accrued financing during construction based on inflation rate and construction years if inflation rate during construction is not provided. (WIP - TODO to update tooltip texts for accrued financing and inflation rates.)
…models - Total CAPEX can now be summed from displayed capital cost line items (yay)
…y with other opex line item outputs
…previous behavior which subtracted and then re-added later)
… SAM-EM isntead of changing display name of Economics.CCap.
…ction documentation
…l' (was erroneously copy-paste-duplicated from 'Wellfield cost'). Use parameterized default indirect cost in relevant tooltip texts (leftover TODOs from NREL#383)
…Meaningful and logically/conceptually consistent support will require deeper changes than just auto-calculating inflation costs, such as accounting for cost of construction financing. Created tracking issue NREL#406
…tation to remove probably-erroneous claim about typical range for NOAK being $0.5-2M.
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Description
Inflation costs during construction
output parameter for SAM-EM with tooltip text: "The calculated amount of cost escalation due to inflation over the construction period." (TODO to evaluate whether to output this for other economic models)Accrued financing during construction
output parameter tooltip text: "The accrued inflation on total capital costs over the construction period, as defined by Inflation Rate During Construction. For SAM Economic Models, this is calculated automatically by compounding Inflation Rate over Construction Years if Inflation Rate During Construction is not provided."Fervo_Project_Cape-4
construction years = 1 with note for 15%Inflation Rate During Construction
documenting that it is equivalent to a 3-year period of higher inflation rate (4.769%) to hedge against construction delays and short-term inflation volatilityFervo_Project_Cape-4
stimulation cost adjustment factor documentation to remove probably-erroneous claim about typical range for NOAK being $0.5-2M (TODO/follow-up item to evaluate whether to adjust the stimulation cost upward, $4M may be more appropriate)Testing & Verification
Inflation costs during construction
output. Manually verified that capital cost line items sum up to Total CAPEXtest_accrued_financing_during_construction
TODO:
Total CAPEX
discrepancy before/after accrued construction financing (in docs and capital costs output): e6b9fe8, 922be29