eps-4.0.2-us

4.0.2 - September 9, 2024

• New Features
  • Subscript fuel tax/subsidy lever by sector
  • Update cost-effective capacity additions structure to use expected $/MWh profits rather than a multiplier representing the ratio of revenues to costs
  • Update calculation methodology for electricity rates by collecting capacity market revenues over ten years and collecting all other non-amortized costs on an annual basis
• Bug Fixes
  • Implement one year delay on industry pass through expenses to align calculations and avoid potential for oscillating outputs
  • Correct equation for change in decommissiong costs
  • Revise calculation of changes in energy demand for energy pipelines and processing to be based on energy consumption rather than energy production
  • Correct BAU values for the production tax credit to use correct currency conversion factor
  • Set hydrogen fuel costs to not vary based on changes in production costs, since our input data already accounts for projected changes in production pathways
• Data updates
  • Update to ATB 2024 and extend input data to cover all historical years rather than just the start year
  • Update global wind, solar, and battery deployment (used in endogenous learning calculations) to use latest projections
  • Additional calibration of historical year electricity generation