Inflation Vector Column
Column Type = Text
The Inflation Vector column contains the yearly change in general inflation applied to model costs. Costs with inflation include variable O&M, fixed O&M, fuel costs and the investment cost of future resources.
The inflation vector is applied as follows:
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A cumulative inflation variable by year is created. This cumulative inflation variable is set to one for the first year (Economic Base Year) and then multiplied by (1+inflation value (first year)/100) to get the second year cumulative inflation. Each subsequent year is done in a similar fashion.
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The yearly cumulative inflation variable is then multiplied by all costs to be inflated to get the cost for the year.
NOTE: Typically entries are Annual Time Series References, using the yr_ prefix, to an annual ID, but static numerical values are accepted. For more information on how to specify a time series for a variable, see Entering a Time Series.
Inflation Vector Column
