Open areleu opened 1 year ago
I have been reading further in the topic and I got the impression that the problems related to example 2 go deeper than what I thought. I came across this paper https://content.iospress.com/articles/applied-ontology/ao200234 which handles ontologies of the physical world and their experiments using, as I understood, some kind of modal mereology. I am picking this concept very carefuly and I am probably misunderstanding something but so far I have failed to find other way of describing this usage of "sister" ontologies in composition to use mathematical formalizations to describe truths of the physical world.
In general I think that, in order to have a solid semantics that describe the workflow of ask question -> design modelling experiment -> answer question
, the OEO would eventually need some kind of complemnting ontology to implement something like what is presented in the paper I just posted.
This might be unrelated to the main topic of this Issue, but it is so fundamental that I don't think that makes sense to make an Issue in the ontology itself.
I read this issue about five times in the last days but I still don't get the point.
Cost of something because for something to have a cost there has to be buying and paying parties.
Are you aware that we differentiate between cost
and monetary price
?
A price is something two parties agree upon, while a cost is not necessarily associated to a second party.
I read this issue about five times in the last days but I still don't get the point.
Cost of something because for something to have a cost there has to be buying and paying parties.
Are you aware that we differentiate between
cost
andmonetary price
?* _Cost is an economic value that describes the amount of money needed to buy, make, or do a thing._ * _A monetary price is an economic value that describes the amount of money requested, expected, required or given in exchange for something else._
A price is something two parties agree upon, while a cost is not necessarily associated to a second party.
What I am trying to get across is that LCOE does not represent the cost of electricity in the sense that it can be always be estimated with no actual investment behind it. When it is calculated it is done for it to be used as an assesment metric to tell if a project is viable or not.
There is LCOE cousin metrics already in the literature: like The System LCOE and the unfortunately not openly reported vaLCOE. The three have different definitions and all of them have their strengths and weaknesses. But are they to be used as a way of represent the actual cost of a system OR as a metric to be able to do a comparision between system configurations?
I think we can fall into a trap when we include actual project costs and try to compare it with a calculated LCOE. Lets say we calculate cost of electricity from historical data of an hypotetical project from which we have investment and generation information and we try to use this to perform a comparision with the modelled version of that project. would this be a valid representation?
my hypotetical project spatial region
a operational space requirement
some calculated historical electricity cost
a cost
some calculated historical electricity cost
is about
my hypotetical project spatial region
some modelled LCOE output
a LCOE
some modelled LCOE output
is about
my hypotetical project spatial region
and would a Reasoner infer that they are the same thing? If so, how can we differentiate them with the ontology?
Description of the issue
I was considering writing this comment as part of #839 but after thinking about it for a bit I think it derserves its own thread. This is one of the series of issues that I will rise based on the Energy systems cost workshop from KU Leuven.
In short I think that, althought the definition of levelised cost of electricity is fitting, its position in the hierarchy is not appropiate. Despite of it being called a cost, I think a better parent class for this and other similar concepts should be metric. Since the theory behind this is rather dense and proably deserves a well thought explanation in itself, I will try to prove my point with two application examples of usage of the metric from two points of view.
Example 1: A renewable energy integration report
Let's say we have an analysis project where some kind of model is used to calculate the installed capacity and costs of the energy infrastructure of a particular region. The analysis is performed by having model runs holding a N number of data variables constant (For example demand, existing capacity) and a single variable P (wind energy penetration for example) is changed across these runs. From these runs one gets C (total discounted cost) and G (generation) of the generator i associated with wind energy. In table 1 we can see how such an output would look like in a tabular structure.