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The purpose of this parameter is to provide a reference capacity at which the capital_costs objective can compare capital costs of different technologies.
But why is it using a reference capacity, when it can just work out how much capacity is required to meet demand and use that capacity to compare capital costs? Surely that would be more informative?
Several other objectives (LCOE, EAC etc.) calculate capital costs as part of their overall calculation, and they all use this approach rather than using the reference capacity.
Maybe someone can shed light on this, but otherwise I suggest we delete this parameter and update the capital_costs objective in line with the other objectives.
The text was updated successfully, but these errors were encountered:
The purpose of this parameter is to provide a reference capacity at which the
capital_costs
objective can compare capital costs of different technologies.But why is it using a reference capacity, when it can just work out how much capacity is required to meet demand and use that capacity to compare capital costs? Surely that would be more informative?
Several other objectives (LCOE, EAC etc.) calculate capital costs as part of their overall calculation, and they all use this approach rather than using the reference capacity.
Maybe someone can shed light on this, but otherwise I suggest we delete this parameter and update the
capital_costs
objective in line with the other objectives.The text was updated successfully, but these errors were encountered: