BioSTEAMDevelopmentGroup / BLocS

BioSTEAM Location-Specific Evaluation
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Standardize dollar years #7

Closed daltonwstewart closed 1 year ago

daltonwstewart commented 1 year ago

Hi @yoelcortes

Something that came up in a discussion between Jeremy and I is the dollar years used in each biorefinery TEA (e.g., we might say MESP is reported in 2016 dollars). Is this information included with the biorefinery models somewhere? Jeremy would like to standardize all the biorefineries I'm considering to the same year if possible. Please let me know.

Thanks, Dalton

yoelcortes commented 1 year ago

That's a good point. We can set the Chemical Engineering Plant Cost Index by setting bst.CE after loading a biorefinery for the first time (e.g., setting bst.CE after creating the tea object would work). We have a dictionary of cost indices in BioSTEAM too: biosteam.design_tools.CEPCI_by_year. I believe we are using a CE of 567. We don't have any price indices for material costs, you would need to set prices of streams manually.

Thanks,

daltonwstewart commented 1 year ago

Got it, thank you!