Calculate MCOE with EIA923 fuel costs and FERC non-fuel costs

catalyst-cooperative / pudl

The Public Utility Data Liberation Project provides analysis-ready energy system data to climate advocates, researchers, policymakers, and journalists.

https://catalyst.coop/pudl

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Calculate MCOE with EIA923 fuel costs and FERC non-fuel costs #213

Closed zaneselvans closed 3 years ago

zaneselvans commented 5 years ago

Once FERC Form 1 and EIA 923 are connected (#212), we can take the generation unit level marginal cost of fuel based on EIA data, and the non-fuel costs from FERC, and use them to estimate total MCOE at the generation unit level.

Combined with the regression analysis identifying the fixed, capacity, and net generation based portions of power plant operating costs as reported to FERC (#204), we can then also estimate future power plant operating costs, as a function of fuel price and projected capacity factor.

gschivley commented 5 years ago

I noticed that the pudl.analysis.mcoe method doesn't currently include a MCOE column. Is this an oversight or something that will come with the resolution of this issue?

zaneselvans commented 5 years ago

It's because we still do not really have MCOE -- we just have the fuel portion from EIA, and MCOE is more than that, and until we get some reasonable number pulled over from FERC (or elsewhere) for the non-fuel marginal costs, it's... a work in progress.

gschivley commented 5 years ago

Ok, I suspected as much.

zaneselvans commented 3 years ago

A lot of this work is taking place in the RMI / FERC context at this point.