Electricity - GCAM - Revision history

Matthew Binsted at 17:42, 16 June 2022

2022-06-16T17:42:34Z

← Older revision		Revision as of 19:42, 16 June 2022
Line 3:		Line 3:
	\|DocumentationCategory=Electricity		\|DocumentationCategory=Electricity
	}}		}}
	The GCAM electricity sector models the conversion of primary fuels (e.g., coal, gas, oil, bioenergy) to electricity. For most fuels, GCAM includes several different technology options (e.g., pulverized coal, coal IGCC, etc.). Individual technologies compete for market share based on their technological characteristics (conversion efficiency in the production of products from inputs), and cost of inputs and price of outputs. The cost of a technology in any period depends on (1) its exogenously specified non-energy cost, (2) its endogenously calculated fuel cost, and (3) any cost of emissions, as determined by the climate policy. The first term, non-energy cost, represents capital, fixed and variable O&M costs incurred over the lifetime of the equipment (except for fuel or electricity costs). For electricity technologies, GCAM reads in each of these terms and computes the levelized cost of energy within the model. For example, the non-energy cost of coal-fired power plant is calculated as the sum of overnight capital cost (amortized using a capital recovery factor and converted to dollars per unit of energy output by applying a capacity factor), fixed and variable operations and maintenance costs. The second term, fuel or electricity cost, depends on the specified efficiency of the technology, which determines the amount of fuel or electricity required to produce each unit of output, as well as the cost of the fuel or electricity. For details and a schematic showing the electricity nesting structure, see GCAM's ~~section~~ on [~~http~~://jgcri.github.io/gcam-doc/~~energy~~.html#electricity electricity].		The GCAM electricity sector models the conversion of primary fuels (e.g., coal, gas, oil, bioenergy) to electricity. For most fuels, GCAM includes several different technology options (e.g., pulverized coal, coal IGCC, etc.). Individual technologies compete for market share based on their technological characteristics (conversion efficiency in the production of products from inputs), and cost of inputs and price of outputs. The cost of a technology in any period depends on (1) its exogenously specified non-energy cost, (2) its endogenously calculated fuel cost, and (3) any cost of emissions, as determined by the climate policy. The first term, non-energy cost, represents capital, fixed and variable O&M costs incurred over the lifetime of the equipment (except for fuel or electricity costs). For electricity technologies, GCAM reads in each of these terms and computes the levelized cost of energy within the model. For example, the non-energy cost of coal-fired power plant is calculated as the sum of overnight capital cost (amortized using a capital recovery factor and converted to dollars per unit of energy output by applying a capacity factor), fixed and variable operations and maintenance costs. The second term, fuel or electricity cost, depends on the specified efficiency of the technology, which determines the amount of fuel or electricity required to produce each unit of output, as well as the cost of the fuel or electricity. For details and a schematic showing the electricity nesting structure, see GCAM's sections on [https://jgcri.github.io/gcam-doc/supply_energy.html#electricity electricity] and [https://jgcri.github.io/gcam-doc/details_energy.html#electricity electricity details]

Matthew Binsted at 13:37, 2 September 2020

2020-09-02T13:37:07Z

← Older revision		Revision as of 15:37, 2 September 2020
Line 3:		Line 3:
	\|DocumentationCategory=Electricity		\|DocumentationCategory=Electricity
	}}		}}
	The GCAM electricity sector models the conversion of primary fuels (e.g., coal, gas, oil, bioenergy) to electricity. For most fuels, GCAM includes several different technology options (e.g., pulverized coal, coal IGCC, etc.). Individual technologies compete for market share based on their technological characteristics (conversion efficiency in the production of products from inputs), and cost of inputs and price of outputs. The cost of a technology in any period depends on (1) its exogenously specified non-energy cost, (2) its endogenously calculated fuel cost, and (3) any cost of emissions, as determined by the climate policy. The first term, non-energy cost, represents capital, fixed and variable O&M costs incurred over the lifetime of the equipment (except for fuel or electricity costs). For electricity technologies, GCAM reads in each of these terms and computes the levelized cost of energy within the model. For example, the non-energy cost of coal-fired power plant is calculated as the sum of overnight capital cost (amortized using a capital recovery factor and converted to dollars per unit of energy output by applying a capacity factor), fixed and variable operations and maintenance costs. The second term, fuel or electricity cost, depends on the specified efficiency of the technology, which determines the amount of fuel or electricity required to produce each unit of output, as well as the cost of the fuel or electricity. For details and a schematic showing the electricity nesting structure, see GCAM's [http://jgcri.github.io/gcam-doc/energy.html#electricity ~~section on~~ electricity].		The GCAM electricity sector models the conversion of primary fuels (e.g., coal, gas, oil, bioenergy) to electricity. For most fuels, GCAM includes several different technology options (e.g., pulverized coal, coal IGCC, etc.). Individual technologies compete for market share based on their technological characteristics (conversion efficiency in the production of products from inputs), and cost of inputs and price of outputs. The cost of a technology in any period depends on (1) its exogenously specified non-energy cost, (2) its endogenously calculated fuel cost, and (3) any cost of emissions, as determined by the climate policy. The first term, non-energy cost, represents capital, fixed and variable O&M costs incurred over the lifetime of the equipment (except for fuel or electricity costs). For electricity technologies, GCAM reads in each of these terms and computes the levelized cost of energy within the model. For example, the non-energy cost of coal-fired power plant is calculated as the sum of overnight capital cost (amortized using a capital recovery factor and converted to dollars per unit of energy output by applying a capacity factor), fixed and variable operations and maintenance costs. The second term, fuel or electricity cost, depends on the specified efficiency of the technology, which determines the amount of fuel or electricity required to produce each unit of output, as well as the cost of the fuel or electricity. For details and a schematic showing the electricity nesting structure, see GCAM's section on [http://jgcri.github.io/gcam-doc/energy.html#electricity electricity].

Matthew Binsted at 19:11, 1 September 2020

2020-09-01T19:11:21Z

← Older revision		Revision as of 21:11, 1 September 2020
Line 3:		Line 3:
	\|DocumentationCategory=Electricity		\|DocumentationCategory=Electricity
	}}		}}
	The GCAM electricity sector models the conversion of primary fuels (e.g., coal, gas, oil, bioenergy) to electricity. For most fuels, GCAM includes several different technology options (e.g., pulverized coal, coal IGCC, etc.). Individual technologies compete for market share based on their technological characteristics (conversion efficiency in the production of products from inputs), and cost of inputs and price of outputs. The cost of a technology in any period depends on (1) its exogenously specified non-energy cost, (2) its endogenously calculated fuel cost, and (3) any cost of emissions, as determined by the climate policy. The first term, non-energy cost, represents capital, fixed and variable O&M costs incurred over the lifetime of the equipment (except for fuel or electricity costs). For electricity technologies, GCAM reads in each of these terms and computes the levelized cost of energy within the model. For example, the non-energy cost of coal-fired power plant is calculated as the sum of overnight capital cost (amortized using a capital recovery factor and converted to dollars per unit of energy output by applying a capacity factor), fixed and variable operations and maintenance costs. The second term, fuel or electricity cost, depends on the specified efficiency of the technology, which determines the amount of fuel or electricity required to produce each unit of output, as well as the cost of the fuel or electricity [http://jgcri.github.io/gcam-doc/energy.html#electricity ~~<nowiki>[1]</nowiki>~~].		The GCAM electricity sector models the conversion of primary fuels (e.g., coal, gas, oil, bioenergy) to electricity. For most fuels, GCAM includes several different technology options (e.g., pulverized coal, coal IGCC, etc.). Individual technologies compete for market share based on their technological characteristics (conversion efficiency in the production of products from inputs), and cost of inputs and price of outputs. The cost of a technology in any period depends on (1) its exogenously specified non-energy cost, (2) its endogenously calculated fuel cost, and (3) any cost of emissions, as determined by the climate policy. The first term, non-energy cost, represents capital, fixed and variable O&M costs incurred over the lifetime of the equipment (except for fuel or electricity costs). For electricity technologies, GCAM reads in each of these terms and computes the levelized cost of energy within the model. For example, the non-energy cost of coal-fired power plant is calculated as the sum of overnight capital cost (amortized using a capital recovery factor and converted to dollars per unit of energy output by applying a capacity factor), fixed and variable operations and maintenance costs. The second term, fuel or electricity cost, depends on the specified efficiency of the technology, which determines the amount of fuel or electricity required to produce each unit of output, as well as the cost of the fuel or electricity. For details and a schematic showing the electricity nesting structure, see GCAM's [http://jgcri.github.io/gcam-doc/energy.html#electricity section on electricity].

Matthew Binsted at 19:18, 18 August 2020

2020-08-18T19:18:58Z

← Older revision		Revision as of 21:18, 18 August 2020
Line 3:		Line 3:
	\|DocumentationCategory=Electricity		\|DocumentationCategory=Electricity
	}}		}}
			The GCAM electricity sector models the conversion of primary fuels (e.g., coal, gas, oil, bioenergy) to electricity. For most fuels, GCAM includes several different technology options (e.g., pulverized coal, coal IGCC, etc.). Individual technologies compete for market share based on their technological characteristics (conversion efficiency in the production of products from inputs), and cost of inputs and price of outputs. The cost of a technology in any period depends on (1) its exogenously specified non-energy cost, (2) its endogenously calculated fuel cost, and (3) any cost of emissions, as determined by the climate policy. The first term, non-energy cost, represents capital, fixed and variable O&M costs incurred over the lifetime of the equipment (except for fuel or electricity costs). For electricity technologies, GCAM reads in each of these terms and computes the levelized cost of energy within the model. For example, the non-energy cost of coal-fired power plant is calculated as the sum of overnight capital cost (amortized using a capital recovery factor and converted to dollars per unit of energy output by applying a capacity factor), fixed and variable operations and maintenance costs. The second term, fuel or electricity cost, depends on the specified efficiency of the technology, which determines the amount of fuel or electricity required to produce each unit of output, as well as the cost of the fuel or electricity [http://jgcri.github.io/gcam-doc/energy.html#electricity <nowiki>[1]</nowiki>].

Rineke Oostenrijk: Rineke Oostenrijk moved page Electricity - GAMS to Electricity - GCAM without leaving a redirect: Text replacement - "GAMS" to "GCAM"

2019-12-17T15:38:05Z

Rineke Oostenrijk moved page Electricity - GAMS to Electricity - GCAM without leaving a redirect: Text replacement - "GAMS" to "GCAM"

← Older revision

Revision as of 17:38, 17 December 2019

Rineke Oostenrijk: Text replacement - "GAMS" to "GCAM"

2019-12-17T15:37:55Z

Text replacement - "GAMS" to "GCAM"

← Older revision		Revision as of 17:37, 17 December 2019
Line 1:		Line 1:
	{{ModelDocumentationTemplate		{{ModelDocumentationTemplate
	\|IsDocumentationOf=~~GAMS~~		\|IsDocumentationOf=GCAM
	\|DocumentationCategory=Electricity		\|DocumentationCategory=Electricity
	}}		}}

Rineke Oostenrijk: Edited automatically from page GAMS setup.

2019-12-17T14:28:00Z

Edited automatically from page GAMS setup.

New page

{{ModelDocumentationTemplate
|IsDocumentationOf=GAMS
|DocumentationCategory=Electricity
}}