06-05-2019, 07:51 PM
Yes, if NCAP_OLIFE = 10, the lifetime of a plant is 10 years if it runs at 100% load all the time. If it runs at 50% load all the time, the lifetime would be 20 years (NCAP_TLIFE permitting it), and so on. NCAP_TLIFE should thus be set sufficiently long.
As described in the documentation, NCAP_OLIFE requires that early retirements are enabled and the process is vintaged. In my example early retirements are activated by setting a dummy interpolation option RCAP_BND('0','N')=0. When the capacity is retired, no fixed or variable O&M costs will occur any longer.
As described in the documentation, NCAP_OLIFE requires that early retirements are enabled and the process is vintaged. In my example early retirements are activated by setting a dummy interpolation option RCAP_BND('0','N')=0. When the capacity is retired, no fixed or variable O&M costs will occur any longer.