- Posts: 7
Generic system (CSP + wind)
- Ahmed Aljudaya
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                24 Jul 2023 16:54                #12347
        by Ahmed Aljudaya
    
    
            
            
            
            
            
                                
    
                                                
    
        Generic system (CSP + wind) was created by Ahmed Aljudaya            
    
        Thank for your always support and answers.
I am simulating hybrid CSP-wind system and I notice that the net capital cost for the combined models is usually less than the sum of both net capital costs ( assuming all financial parameters are the same). I understand it is complicated and generic system model does not apply all costs, but I would appreciate the if you can explain which parameters and reasons that cause the founded results.
Thank you again,
    I am simulating hybrid CSP-wind system and I notice that the net capital cost for the combined models is usually less than the sum of both net capital costs ( assuming all financial parameters are the same). I understand it is complicated and generic system model does not apply all costs, but I would appreciate the if you can explain which parameters and reasons that cause the founded results.
Thank you again,
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- Paul Gilman
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                25 Jul 2023 14:25                #12350
        by Paul Gilman
    
    
            
            
            
            
            
                                
    
                                                
    
        Replied by Paul Gilman on topic Generic system (CSP + wind)            
    
        Hi Ahmed,
The capital cost is determined by the inputs on the System Costs page plus any additional costs on the Financial Parameters page.
It is up to you to make sure these costs are appropriate for your analysis, and to verify that the resulting Year 0 costs in the project cash flow (see the Cash Flow tab on the Results page) are appropriate.
The NREL Annual Technology Baseline (ATB) is one source of market data on costs: atb.nrel.gov/electricity/2023/technologies
Best regards,
Paul.
    The capital cost is determined by the inputs on the System Costs page plus any additional costs on the Financial Parameters page.
It is up to you to make sure these costs are appropriate for your analysis, and to verify that the resulting Year 0 costs in the project cash flow (see the Cash Flow tab on the Results page) are appropriate.
The NREL Annual Technology Baseline (ATB) is one source of market data on costs: atb.nrel.gov/electricity/2023/technologies
Best regards,
Paul.
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