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Update cost_reductions.yaml
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Added updates combining cost increases reported by industry, floating plant scale factors, and learning curves
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pduff-code committed Aug 16, 2023
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# As of June 2023, all years are COD! NOT FID!
# ncf values are 0 because we will model directly

# mid scennario capex reductions based on learning rates of 7.3% (fixed) and
# 10.2% (float)
# advanced and conservative scenarios experience factor = b0+/-bse
# regression variables included turbine rating (effects excluded from LR)
# floating capex trajectory has a scaling factor of 2.5 (cite FORCE Report)

# opex trajectories derived from Wiser et al. (2021) Expert Elicitation by
# assuming same magnitude of reduction in 2035 (adjusted relative to 2022)
# but scaling the capex learning curve to match that value in 2035

# all trajectories have short term cost adders to account for higher costs
# reported by industry.

fixed_mid_scenario:
capex_2025: -0.156806259
capex_2030: 0.158986365
capex_2035: 0.196455523
capex_2040: 0.226426582
capex_2045: 0.25292737
capex_2050: 0.275000051
ncf_2025: 0
ncf_2030: 0
ncf_2035: 0
ncf_2040: 0
ncf_2045: 0
ncf_2050: 0
opex_2025: -0.162726796
opex_2030: 0.146126185
opex_2035: 0.180564516
opex_2040: 0.208111259
opex_2045: 0.232468436
opex_2050: 0.252755689
fixed_conservative_scenario:
capex_2025: -0.255881389
capex_2030: -0.152322165
capex_2035: 0.121762357
capex_2040: 0.141357556
capex_2045: 0.158942439
capex_2050: 0.1737834
ncf_2025: 0
ncf_2030: 0
ncf_2035: 0
ncf_2040: 0
ncf_2045: 0
ncf_2050: 0
opex_2025: -0.274954562
opex_2030: -0.194549838
opex_2035: 0.069122564
opex_2040: 0.080246449
opex_2045: 0.090229109
opex_2050: 0.098654088
fixed_advanced_scenario:
capex_2025: -0.047733637
capex_2030: 0.217880507
capex_2035: 0.266870354
capex_2040: 0.305374904
capex_2045: 0.338904611
capex_2050: 0.366454243
ncf_2025: 0
ncf_2030: 0
ncf_2035: 0
ncf_2040: 0
ncf_2045: 0
ncf_2050: 0
opex_2025: -0.055236627
opex_2030: 0.201895239
opex_2035: 0.247290841
opex_2040: 0.282970423
opex_2045: 0.314040152
opex_2050: 0.339568546
floating_mid_scenario:
capex_2025: -1.104037385
capex_2030: -0.360733267
capex_2035: -0.097373909
capex_2040: 0.029708329
capex_2045: 0.104001537
capex_2050: 0.145849628
ncf_2025: 0
ncf_2030: 0
ncf_2035: 0
ncf_2040: 0
ncf_2045: 0
ncf_2050: 0
opex_2025: -0.113229956
opex_2030: 0.212524235
opex_2035: 0.261652542
opex_2040: 0.285359068
opex_2045: 0.299218076
opex_2050: 0.307024618
floating_conservative_scenario:
capex_2025: -1.384849833
capex_2030: -0.954067047
capex_2035: -0.488069313
capex_2040: -0.377027157
capex_2045: -0.30961593
capex_2050: -0.270734415
ncf_2025: 0
ncf_2030: 0
ncf_2035: 0
ncf_2040: 0
ncf_2045: 0
ncf_2050: 0
opex_2025: -0.229124445
opex_2030: -0.114116181
opex_2035: 0.172759534
opex_2040: 0.19171695
opex_2045: 0.203225576
opex_2050: 0.209863533
floating_advanced_scenario:
capex_2025: -0.827905943
capex_2030: -0.077560145
capex_2035: 0.199817748
capex_2040: 0.325110179
capex_2045: 0.395539991
capex_2050: 0.434247631
ncf_2025: 0
ncf_2030: 0
ncf_2035: 0
ncf_2040: 0
ncf_2045: 0
ncf_2050: 0
opex_2025: 0.008114326
opex_2030: 0.273579547
opex_2035: 0.326927966
opex_2040: 0.351025608
opex_2045: 0.364571458
opex_2050: 0.372016144

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