core_nrelatb__yearly_projected_financial_cases

package: pudl

Annual time series of financial assumptions for each model case (model_case_nrelatb), and sub-type of technology (technology_description).

Most-recent data:

2024

Processing:

Data has been cleaned and organized into well-modeled tables that serve as building blocks for downstream wide tables and analyses.

Source:

NREL Annual Technology Baseline (ATB) for Electricity

Primary key:

report_year, model_case_nrelatb, projection_year, technology_description

Columns
report_year

Four-digit year in which the data was reported.

model_case_nrelatb

NREL's financial assumption cases. There are two cases which effect project financial assumptions: R&D Only Case and Market + Policies Case. R&D Only includes only projected R&D improvements while Market + Policy case includes policy and tax incentives. https://atb.nrel.gov/electricity/2024/financial_cases_&_methods

projection_year

The year of the projected value.

technology_description

High level description of the technology used by the generator to produce electricity.

inflation_rate

Rate of inflation. All dollar values are given in 2021 USD, using the Consumer Price Index for All Urban Consumers for dollar year conversions where the source year dollars do not match 2021.

interest_rate_during_construction_nominal

Also referred to as construction finance cost. Portion of all-in capital cost associated with construction period financing. It is a function of construction duration, capital fraction during construction, and interest during construction.

interest_rate_calculated_real

Calculated real interest rate.

interest_rate_nominal

Nominal interest rate.

rate_of_return_on_equity_calculated_real

Calculated real rate of return on equity.

rate_of_return_on_equity_nominal

Nomial rate of return on equity.

tax_rate_federal_state

Combined federal and state tax rate. The R&D model_case_nrelatb holds tax and inflation rates constant at assumed long-term values: 21 percent federal tax rate, 6 percent state tax rate (though actual state tax rates vary), and 2.5 percent inflation rate excludes effects of tax credits. The Market + Policy model_case_nrelatb applies federal tax credits and expires them as consistent with existing law and guidelines.

core_nrelatb__yearly_projected_financial_cases_by_scenario

package: pudl

Annual time series of additional financial assumptions for NREL ATB projections that also vary by technology innovation scenario (scenario_atb), tax credit case (model_tax_credit_case_nrelatb), and cost recovery period (cost_recovery_period_years).

Most-recent data:

2024

Processing:

Data has been cleaned and organized into well-modeled tables that serve as building blocks for downstream wide tables and analyses.

Source:

NREL Annual Technology Baseline (ATB) for Electricity

Primary key:

This table has no primary key. There are a small number of records which have nulls in the cost_recovery_period_years column. Based on NREL's documentation, this seems to indicate that those records apply to any relevant cost_recovery_period_years. If those records were non-null, the primary keys of this table would be: ['report_year', 'model_case_nrelatb', 'model_tax_credit_case_nrelatb', 'projection_year', 'technology_description', 'scenario_atb', 'cost_recovery_period_years']

Columns
report_year

Four-digit year in which the data was reported.

model_case_nrelatb

NREL's financial assumption cases. There are two cases which effect project financial assumptions: R&D Only Case and Market + Policies Case. R&D Only includes only projected R&D improvements while Market + Policy case includes policy and tax incentives. https://atb.nrel.gov/electricity/2024/financial_cases_&_methods

model_tax_credit_case_nrelatb

NREL's tax credit assumption cases. There are two types of tax credits: production tax credit (PTC) and investment tax credit (ITC). For more detail, see: https://atb.nrel.gov/electricity/2024/financial_cases_&_methods

projection_year

The year of the projected value.

technology_description

High level description of the technology used by the generator to produce electricity.

scenario_atb
cost_recovery_period_years

The period over which the initial capital investment to build a plant is recovered.

capital_recovery_factor

Ratio of a constant annuity to the present value of receiving that annuity for a given length of time.

debt_fraction

Fraction of capital financed with debt; Debt fraction is assumed financed with equity; also referred to as the leverage ratio.

fixed_charge_rate

Amount of revenue per dollar of investment required that must be collected annually from customers to pay the carrying charges on that investment.

wacc_nominal

Nominal weighted average cost of capital - average expected rate that is paid to finance assets.

wacc_real

Real weighted average cost of capital - average expected rate that is paid to finance assets.