Line Build Cost

Units: $000
Mode: Input/Output
Multi-band: True
Default Value: 0
Validation Rule: Any Value
Key Property: No
Description: Cost of building the line
Detail:
Input

Line Build Cost as input is total 'overnight cost' of building the Line for the LT Plan algorithm. The Build Cost must be defined in combination with Economic Life and WACC as in this example:

Line Property Value Units
X-Y Units 0 -
X-Y Max Flow 150 MW
X-Y Max Units Built 1 -
X-Y Build Cost 2000 $000
X-Y Economic Life 25 years
X-Y WACC 10 %

Note how the property Max Units Built is used to indicate that the Line is allowed to be built.

Build Cost is a multi-band property. This allows user to model a stream of payments leading up to the time of build.

Example

Line Property Value Units Band
X-Y Build Cost 500 $/kW 1
X-Y Build Cost 500 $/kW 2
X-Y Build Cost 1000 $/kW 3

Above example gives a series of payments in three years leading up to the commission date. It also implies that Line 'X-Y' needs three years to be built.

This cost is either treated as a lump sum, if the Economic Life is entirely inside the planning horizon, or it is annualized as described in the LT Plan topic.

See also:

Output

Line Build Cost as output is defined as:

Build Cost = 1000 × Build Cost × Units Built

See also: