Open thompsoa opened 8 months ago
It's a pretty simple representation, and I don't know that it's written anywhere specifically, but the cost of any technology is printed to the output database and there's a query ("elec gen costs by tech"). The total technology cost can be computed off-line as the sum of:
Hi, I'm trying to understand the impact of different scenarios on revenues and costs in the utilities sector, and I'm not quite sure how to think about sequestration. In some 1.5C scenarios, or even 2C scenarios, there can a lot of carbon capture in the model, leading to very negative net emissions for electricity. Naively, multiplying net emissions by carbon price would imply a large subsidy to the sector, is this actually what is happening in the model?
Specifically, how are final electricity prices set, and how do carbon prices impact on them? Is there a fixed passthrough of costs? Do negative emissions generate a subsidy to offset the costs of installing CCS? and is this also passed through as lower prices? Is there a document that lays out the exact equations without trying to work through the code?
Thanks!