h2integrate.simulation.technologies.iron.rosner_override.finance_model#
Functions
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Performs financial analysis for a Direct Reduced Iron (DRI) plant or a Electric Arc Furnace (EAF) plant using ProFAST. |
- h2integrate.simulation.technologies.iron.rosner_override.finance_model.main(config)#
Performs financial analysis for a Direct Reduced Iron (DRI) plant or a Electric Arc Furnace (EAF) plant using ProFAST.
This function models the finances of a DRI or EAF plant based on input parameters, cost data, and plant performance metrics. It uses ProFAST for financial modeling, including capital costs, operational expenses, feedstock costs, and coproduct revenues.
- Parameters:
config (object) --
Configuration object containing: product_selection (str): The selected technology (e.g., "ng_dri", "h2_dri","ng_eaf", "h2_eaf"). performance (object): Contains plant performance data as a dataframe. cost (object): Contains cost data as a dataframe. params (dict): Key financial and operational parameters, including:
plant_capacity_mtpy (float): Plant capacity in metric tonnes per year. capacity_denominator (str): Unit for capacity (e.g., "metric tonnes"). operational_year (int): Start year of operation. installation_years (int): Number of years for plant installation. plant_life (int): Expected operating life of the plant. gen_inflation (float): General inflation rate. cost_year (int): Year for cost normalization. financial_assumptions (dict): Various financial assumptions for ProFAST. pf (dict, optional): Predefined ProFAST configuration.
- Returns:
tuple --
- A tuple containing:
sol (float): Solved product price needed for profitability.
summary (dict): Summary of key financial results.
price_breakdown (dict): Cost breakdown of the plant.
pf (ProFAST.ProFAST): The ProFAST model object containing full financial details.
Notes
- The function reads input cost data and inflates values to the
cost_year using CPI or CEPCI.
- ProFAST is used to define financial parameters, capital
and operational costs, and revenue streams.
Feedstock costs and coproduct revenues are incorporated based on performance metrics.
The function returns the required selling price for the product to
achieve the financial targets.
References
ProFAST: NREL/ProFAST