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Update LMP calculation to include various calculation types #85

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kmongird opened this issue Jun 22, 2022 · 0 comments
Open

Update LMP calculation to include various calculation types #85

kmongird opened this issue Jun 22, 2022 · 0 comments
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development Development to core functionality enhancement

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@kmongird
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Change the LMP component to accommodate different calculation types.

Instead of just taking the average of the LMPs that fall within the range tied to the technology capacity factor, there should be a few options for determining the LMP value. The LMP calculation type should be added as an option in the configuration file.

Suggested calculation types :

  1. Capacity factor-driven (average of LMP range tied to capacity factor)
  2. Annual Average (would be used for wind and would just take the average of all 8760 LMPs)
  3. Specific Hours (would be used for solar, would take the average of specific hours)

The 3rd option could be implemented by also requiring a path in the config yaml to a csv file indicating which hours to use. I'm thinking 1 through 8760 in column 1 and a binary option in column 2 (1 for include, 0 for disregard).

@kmongird kmongird added enhancement development Development to core functionality labels Jun 22, 2022
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