remindmodel / remind

REMIND - REgional Model of INvestments and Development
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Switches for convergence of regional prices for non-learning technologies #1642

Closed lecfab closed 5 months ago

lecfab commented 6 months ago

Purpose of this PR

We look at regional prices of non-learning technologies (all energy technologies except solar, wind, related storage and electrolysis). Until now, the price in each region would linearly converge, from 2020 to 2070, to a unique value fm_dataglob("inco0",te).

Two updates allow for more flexibility in that regard:

  1. a different convergence year can be set with the new switch c_teNoLearngConvEndYr (default still 2070).
  2. convergence can be removed by setting the existing switch (or flag?) cm_techcosts to to the new value REG2040: the prices are still regionally differentiated, but each region follows prices read from /core/input/p_inco0.cs4r until 2040 then stagnate at the 2040 value.

To-dos:

  1. under switch on, make an exception for nuclear to fix the CHA nuclear renaissance issue
  2. implement newer regional cost data WEO2021

With their default values, the new switches do not have any impact.

Type of change

Checklist

Further information

cchrisgong commented 6 months ago

Thanks, @lecfab! As we already discussed, under non-convergence scenario, the scenario mainly differs from default in that there is a strong nuclear growth in China that push growth of wind off track, we perhaps need to revisit current nuclear cost development in China, because the old cost trajectories are from IEA WEO 2016, and might need an update

lecfab commented 6 months ago

The most visible effect of the 2 switches is for nuclear energy capital costs (see image below). image

lecfab commented 6 months ago

The non-convergence switch (REG2040, scenario techNoConv) follows projections of WEO2016 pasted below (/p/projects/rd3mod/inputdata/sources/IEA_WEO/WEO_2016_PG_Assumptions_NPSand450_Scenario.xlsx). However, I wonder if these numbers make sense:

Nuclear capital costs ($/kW) 2015 2020 2030 2040
Europe 6600 6000 5100 4500
United States 5000 5000 4800 4500
China 2000 2800 2750 2500
India 2800 2800 2800 2800
...

image

Update: the WEO2023 report (page 301) has the same values, except higher for current EU, and the projection for 2040 is pushed to 2050.

The capital costs for nuclear power represent the “nth-of-a-kind” costs for new reactor designs, with substantial cost reductions from the first-of-a-kind projects.

image

Do you think we should update the values (maybe WEO2023?) or consider a different source? maybe @robertpietzcker?

@cchrisgong thinks we could keep convergence of capital costs (in 2070 or later) only for nuclear.

cchrisgong commented 6 months ago

@robertpietzcker for now the new switch is off - so the trunk stays the same, we may put the nuclear cost convergence as default in a subsequent PR under the newly implemented switch (when it is activated) (we can discuss further in this PR when you are back from vacation ;))

lecfab commented 6 months ago

The cascade for non converging cost is done, and its cs2 can be found here: /p/tmp/fabricel/switchRemind/compScen-cascadeNoTechConv-2024-04-03_11.36.34-H12-short.pdf. @cchrisgong I think we can now merge and address the data update / nuclear convergence choice later?

cchrisgong commented 6 months ago

@lecfab thanks a lot! I made minor comments, let me know what you think :)