Revenue Profile Period & Final Year Correction [v3.8]

.bumpversion.cfg

@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 3.7.23
+current_version = 3.8.0
 commit = True
 tag = True
 

.cookiecutterrc

@@ -54,7 +54,7 @@ default_context:
     sphinx_doctest: "no"
     sphinx_theme: "sphinx-py3doc-enhanced-theme"
     test_matrix_separate_coverage: "no"
-    version: 3.7.23
+    version: 3.8.0
     version_manager: "bump2version"
     website: "https://github.com/NREL"
     year_from: "2023"

CHANGELOG.rst

@@ -5,6 +5,14 @@ Changelog
 GEOPHIRES-X (2023-2025)
 ------------------------
 
+3.8
+^^^
+
+`release <https://github.com/NREL/GEOPHIRES-X/releases/tag/v3.8.0>`__ | `diff <https://github.com/NREL/GEOPHIRES-X/compare/v3.7.0...v3.8.0>`__
+
+Revenue & Cashflow Profile period output aligned with NREL convention used to calculate NPV.
+See https://github.com/NREL/GEOPHIRES-X/discussions/344
+
 3.7
 ^^^
 

README.rst

@@ -56,9 +56,9 @@ Free software: `MIT license <LICENSE>`__
     :alt: Supported implementations
     :target: https://pypi.org/project/geophires-x
 
-.. |commits-since| image:: https://img.shields.io/github/commits-since/softwareengineerprogrammer/GEOPHIRES-X/v3.7.23.svg
+.. |commits-since| image:: https://img.shields.io/github/commits-since/softwareengineerprogrammer/GEOPHIRES-X/v3.8.0.svg
     :alt: Commits since latest release
-    :target: https://github.com/softwareengineerprogrammer/GEOPHIRES-X/compare/v3.7.23...main
+    :target: https://github.com/softwareengineerprogrammer/GEOPHIRES-X/compare/v3.8.0...main
 
 .. |docs| image:: https://readthedocs.org/projects/GEOPHIRES-X/badge/?style=flat
     :target: https://nrel.github.io/GEOPHIRES-X

docs/conf.py

@@ -18,7 +18,7 @@
 year = '2025'
 author = 'NREL'
 copyright = f'{year}, {author}'
-version = release = '3.7.23'
+version = release = '3.8.0'
 
 pygments_style = 'trac'
 templates_path = ['./templates']

setup.py

@@ -13,7 +13,7 @@ def read(*names, **kwargs):
 
 setup(
     name='geophires-x',
-    version='3.7.23',
+    version='3.8.0',
     license='MIT',
     description='GEOPHIRES is a free and open-source geothermal techno-economic simulator.',
     long_description='{}\n{}'.format(

src/geophires_x/Economics.py

@@ -1755,7 +1755,12 @@ def __init__(self, model: Model):
             "Project Net Present Value",
             UnitType=Units.CURRENCY,
             PreferredUnits=CurrencyUnit.MDOLLARS,
-            CurrentUnits=CurrencyUnit.MDOLLARS
+            CurrentUnits=CurrencyUnit.MDOLLARS,
+            ToolTipText='NPV is calculated with cashflows lumped at the end of periods. '
+                        'See: Short W et al, 1995. '
+                        '"A Manual for the Economic Evaluation of Energy Efficiency and Renewable Energy '
+                        'Technologies.", p. 41. '
+                        'https://www.nrel.gov/docs/legosti/old/5173.pdf'
         )
         self.ProjectIRR = self.OutputParameterDict[self.ProjectIRR.Name] = OutputParameter(
             "Project Internal Rate of Return",

src/geophires_x/Outputs.py

@@ -2100,13 +2100,13 @@ def o(output_param: OutputParameter):
                     '________________________________________________________________________________________________________________________________________________________________________________________' + NL)
                 # running years...
                 for ii in range(0, (
-                    model.surfaceplant.construction_years.value + model.surfaceplant.plant_lifetime.value - 1), 1):
+                    model.surfaceplant.construction_years.value + model.surfaceplant.plant_lifetime.value), 1):
                     if ii < model.surfaceplant.construction_years.value:
                         opex = 0.0   # zero out the OPEX during construction years
                     else:
                         opex = o(econ.Coam).value
                     f.write(
-                        f'{ii + 1:3.0f}     {o(econ.ElecPrice).value[ii]:5.2f}          {o(econ.ElecRevenue).value[ii]:5.2f}  {o(econ.ElecCummRevenue).value[ii]:5.2f}     |   {o(econ.HeatPrice).value[ii]:5.2f}    {o(econ.HeatRevenue).value[ii]:5.2f}        {o(econ.HeatCummRevenue).value[ii]:5.2f}    |   {o(econ.CoolingPrice).value[ii]:5.2f}    {o(econ.CoolingRevenue).value[ii]:5.2f}        {o(econ.CoolingCummRevenue).value[ii]:5.2f}     |   {o(econ.CarbonPrice).value[ii]:5.2f}    {o(econ.CarbonRevenue).value[ii]:5.2f}        {o(econ.CarbonCummCashFlow).value[ii]:5.2f}     | {opex:5.2f}     {o(econ.TotalRevenue).value[ii]:5.2f}     {o(econ.TotalCummRevenue).value[ii]:5.2f}\n')
+                        f'{ii:3.0f}     {o(econ.ElecPrice).value[ii]:5.2f}          {o(econ.ElecRevenue).value[ii]:5.2f}  {o(econ.ElecCummRevenue).value[ii]:5.2f}     |   {o(econ.HeatPrice).value[ii]:5.2f}    {o(econ.HeatRevenue).value[ii]:5.2f}        {o(econ.HeatCummRevenue).value[ii]:5.2f}    |   {o(econ.CoolingPrice).value[ii]:5.2f}    {o(econ.CoolingRevenue).value[ii]:5.2f}        {o(econ.CoolingCummRevenue).value[ii]:5.2f}     |   {o(econ.CarbonPrice).value[ii]:5.2f}    {o(econ.CarbonRevenue).value[ii]:5.2f}        {o(econ.CarbonCummCashFlow).value[ii]:5.2f}     | {opex:5.2f}     {o(econ.TotalRevenue).value[ii]:5.2f}     {o(econ.TotalCummRevenue).value[ii]:5.2f}\n')
                 f.write(NL)
 
                 # if we are dealing with overpressure and two different reservoirs, show a table reporting the values

src/geophires_x/SurfacePlant.py

@@ -410,7 +410,10 @@ def __init__(self, model: Model):
             AllowableRange=list(range(1, 15, 1)),
             UnitType=Units.NONE,
             ErrMessage="assume default number of years in construction (1)",
-            ToolTipText="Number of years spent in construction (assumes whole years, no fractions)"
+            ToolTipText='Number of years spent in construction (assumes whole years, no fractions). '
+                        'Capital costs are spread evenly over constructions years e.g. if total capital costs are '
+                        '$500M and there are 2 construction years, '
+                        'then $250M will be spent in both the first and second construction years.'
         )
         self.cp_fluid = self.ParameterDict[self.cp_fluid.Name] = floatParameter(
             "Working Fluid Heat Capacity",

src/geophires_x/__init__.py

@@ -1 +1 @@
-__version__ = '3.7.23'
+__version__ = '3.8.0'

src/geophires_x_schema_generator/geophires-request.json

@@ -1244,7 +1244,7 @@
       "maximum": 1.0
     },
     "Construction Years": {
-      "description": "Number of years spent in construction (assumes whole years, no fractions)",
+      "description": "Number of years spent in construction (assumes whole years, no fractions). Capital costs are spread evenly over constructions years e.g. if total capital costs are $500M and there are 2 construction years, then $250M will be spent in both the first and second construction years.",
       "type": "integer",
       "units": null,
       "category": "Surface Plant",