[TRNSYS-users] trnsys economics

[Diego A. Arias]

Dear Jurgen,

This seems to be a problem with the proformas. Please find attached new 
version of the proformas.  You have to replace them in the directory 
\TRNSYS16\Studio\Proformas\Output\Economics\Detailed 
Analysis\Type29b.tmf and 
\TRNSYS16\Studio\Proformas\Output\Economics\P1,P2 Method\Type29a.tmf
Best regards,

Diego

moortgaj at stud.rma.ac.be wrote:
> Hello everybody,
>
> I have some problems using type29a and type29b. The list file reports an
> invalid number of parameters.
> In the documentation there is no reference or example.
> Does anyone have a project/example using one of the two components?
>
> Thanks (in adv.)
>
> Jurgen Moortgat
> ASEA
> Royal Militairy Academy
> _______________________________________________
> TRNSYS-users mailing list
> TRNSYS-users at engr.wisc.edu
> https://www.cae.wisc.edu/mailman/listinfo/trnsys-users
>   


-- 

Diego A. Arias
TRNSYS Coordinator
Solar Energy Laboratory
University of Wisconsin - Madison
1500 Engineering Drive
Madison, WI 53706
-------------- next part --------------
#ESI!
2.0
Economic Analysis: Detailed Analysis
0

Contributors are listed in manuals
Solar Energy Laboratory, University of Wisconsin - Madison
1

2
32
TRNSYS v7.0
CMR
October 2004
1

noowner
__
__
__
3
TYPE 29 is called only twice in each simulation, once at the beginning of the simulation to check its parameter list, and again at the end to perform a standard life cycle cost analysis based on the simulation of one year of solar system operation.  It compares the capital and back-up fuel costs of a solar system to the fuel costs of a conventional non-solar system.  It is assumed that the solar back-up system is identical to the conventional heating system, in that only the incremental costs of adding solar to the conventional system are considered.



The detail of the economic output is dependent on the mode and parameters used. In this instance (Mode 2) various economic parameters are used to calculate the yearly cash flows, life cycle costs, life cycle savings and payback periods.  It also provides the user with options to calculate the rate of return on the solar investment, to consider income producing buildings, and to include federal and state tax credits.
0
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.\SourceCode\Types\Type29.for
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34
1st year auxiliary cost
SN
1
The integrated cost ($) of the auxiliary (back up) system for thefirst year.
simple
real
1
+
0.0
+Inf
[ ; ]
0.0
0.0
-
Dimensionless
1st year load cost
SN
1
The integrated cost of the total load for the first year i.e., thetotal fuel cost if the solar system was not used ($).
simple
real
1
+
0.0
+Inf
[ ; ]
0.0
0.0
-
Dimensionless
First year load
SN
1
The total load for the firt year of operation.
simple
real
1
+
0.0
+Inf
[ ; ]
0.0
0.0
kJ
Energy
Economic analysis mode
SN
1
This parameter indicates to the general economics component that thedetailed analysis method should be used to evaluate the inputs.
simple
integer
3
+
2
2
[ ; ]
2
2
-
Dimensionless
Collector area
SN
1
The area of the solar collector array.
simple
real
3
+
0.0
+Inf
[ ; ]
50.0
50.0
m^2
Area
Area dependent costs
SN
1
The total area dependent costs for the solar system ($/m^2).  These costs include the cost of the collector and part of the cost of thethermal storage equipment.
simple
real
3
+
0.0
+Inf
[ ; ]
200.0
200.0
-
dimensionless
Fixed costs
SN
1
The total cost ($) of the equipment which is independent of thecollector area.  Examples are costs for piping or ducts, controls,blowers, etc
simple
real
3
+
0.0
+Inf
[ ; ]
4000.0
4000.0
-
dimensionless
Performance degradation
SN
1
The percentage of thermal degradation per year of the solar system(percent per year).
simple
real
3
+
0.0
100.0
[ ; ]
5.0
5.0
-
dimensionless
Period of analysis
SN
1
The period of economic analysis (in years) that is to be used inevaluating the solar system.
simple
real
3
+
1.0
+Inf
[ ; ]
20.0
20.0
-
dimensionless
Down payment
SN
1
What percentage of the total system investment was given as a downpayment for the purchase of the system.
simple
real
3
+
0.0
100.0
[ ; ]
20.0
20.0
-
dimensionless
Mortgage interest rate
SN
1
The interest rate on the mortgage for the solar system (percent peryear).
simple
real
3
+
0.0
+Inf
[ ; ]
9.0
9.0
-
dimensionless
Term of loan
SN
1
The period of the loan taken out for the solar system (years).
simple
real
3
+
0.0
+Inf
[ ; ]
10.0
10.0
-
dimensionless
Market discount rate
SN
1
The nominal market discount rate.
simple
real
3
+
0.0
+Inf
[ ; ]
6.0
6.0
-
dimensionless
Extra costs in year 1
SN
1
The extra insurance, maintenance, etc. required by the solar systemin the first year expressed as a perentage of the initial investment.
simple
real
3
+
0.0
+Inf
[ ; ]
5.0
5.0
-
dimensionless
Inflation rate
SN
1
The general inflation rate (percentage).
simple
real
3
+
0.0
100.0
[ ; ]
2.0
2.0
-
dimensionless
Income tax rate
SN
1
The effective combined federal and state income tax rate (percentage).This income tax rate is assumed constant through the analysis.
simple
real
3
+
0.0
100.0
[ ; ]
45.0
45.0
-
dimensionless
Property taxes
SN
1
The true property tax rate per dollar of original investment(percentage).
simple
real
3
+
0.0
+Inf
[ ; ]
5.0
5.0
-
dimensionless
Propert tax increase
SN
1
The property tax inflation rate (percent per year).
simple
real
3
+
0.0
+Inf
[ ; ]
1.0
1.0
-
dimensionless
Calculate rate of return?
SN
1
Should the economics rotuine calculate the rate of return on thesolar investment. 1 ---> Calculate the rate of return 2 ---> Don't calculate the rate of return
simple
integer
3
+
1
2
[ ; ]
1
1
-
dimensionless
Resale value
SN
1
The ratio of salvage value to the initial investment expressed as apercentage.
simple
real
3
+
0.0
+Inf
[ ; ]
20.0
20.0
-
dimensionless
Income producing building?
SN
1
Is the building on which the solar system investment was made anincome producing building? In other words, is thi building a commercial building or a non-commercial building? 0 ---> Non-commercial building 1 ---> Commercial building
simple
integer
3
+
1
2
[ ; ]
2
2
-
dimensionless
Depreciation scheme
SN
1
Which depreciation scheme is to be used on the investment? 1 ---> Straight line 2 ---> Declining balance 3 ---> Sum of years digits 4 ---> None
simple
integer
3
+
1
4
[ ; ]
1
1
-
dimensionless
Percent of straight line
SN
1
If the depreciation schedule was specified as declining balancedepreciation, what percentage of straight line depreciation should beused?
simple
real
3
+
0.0
+Inf
[ ; ]
80.0
80.0
-
dimensionless
Useful life
SN
1
What is the useful life of the equipment for depreciation purposes(years)?
simple
real
3
+
0.0
+Inf
[ ; ]
8.0
8.0
-
dimensionless
Auxiliary fuel inflation rate
SN
1
The inflation rate of the fuel used in the auxiliary (backup) system(percent per year).
simple
real
3
+
0.0
+Inf
[ ; ]
2.0
2.0
-
dimensionless
Fuel inflation rate
SN
1
The inflation rate of the fuel used in the conventional system(percent per year).
simple
real
3
+
0.0
+Inf
[ ; ]
3.0
3.0
-
dimensionless
Economic output
SN
1
What type of economic output is desired: 1 ---> Print out results yearly 2 ---> Print only the cumulative results
simple
integer
3
+
1
2
[ ; ]
1
1
-
dimensionless
List the parameters?
SN
1
Should the economic output include a listing of the parameters usedin the analysis? 1 ---> Print the parametrs 2 ---> Do not print the parameters
simple
integer
3
+
1
2
[ ; ]
1
1
-
dimensionless
Consider federal tax credits?
SN
1
Should the economic analysis consider federal tax credits? 1 ---> Consider federal tax credits 2 ---> Do not consider federal tax credits
simple
integer
3
+
1
2
[ ; ]
2
2
-
dimensionless
State tax credit in tier 1
SN
1
The state tax credit in tier 1 (percent).
simple
real
3
+
0.0
+Inf
[ ; ]
5.0
5.0
-
dimensionless
State tax credit in tier 2
SN
1
The state tax credit in tier two (percent).
simple
real
3
+
0.0
+Inf
[ ; ]
3.0
3.0
-
dimensionless
Tier 1 break
SN
1
The break between the first and second tiers of the state tax creditsystem (dollars).
simple
real
3
+
0.0
+Inf
[ ; ]
5000
5000
-
dimensionless
Maximum credit point
SN
1
The maximum amount of purchase that is eligible for a state taxcredit (dollars).
simple
real
3
+
0.0
+Inf
[ ; ]
10000
10000
-
dimensionless
Logical unit number for output file
SN
1

simple
integer
3
+
30
30
[ ; ]
30
0
-
dimensionless
0
1
.\trnsys 16\readme.html
0
0
0

*** trnModel specific properties ***
5
29
df /c



0



0



0



0



0
6

Output file to print the results

0
Logical unit number for output file




0





0





0





0





31
Economic analysis mode
Collector area
Area dependent costs
Fixed costs
Performance degradation
Period of analysis
Down payment
Mortgage interest rate
Term of loan
Market discount rate
Extra costs in year 1
Inflation rate
Income tax rate
Property taxes
Propert tax increase
Calculate rate of return?
Resale value
Income producing building?
Depreciation scheme
Percent of straight line
Useful life
Auxiliary fuel inflation rate
Fuel inflation rate
Economic output
List the parameters?
Consider federal tax credits?
State tax credit in tier 1
State tax credit in tier 2
Tier 1 break
Maximum credit point
Logical unit number for output file


0
0
2
0


1
50
-1
-1
0


1
50
0
30
0


1
50
-1
-1
0


1
50
-------------- next part --------------
#ESI!
2.0
Economic Analysis: P1,P2 Method
0

Contributors are listed in manuals
Solar Energy Laboratory, University of Wisconsin - Madison
1

2
32
TRNSYS v7.0
CMR
October 2004
1

noowner
__
__
__
3
TYPE 29 is called only twice in each simulation, once at the beginning of the simulation to check its parameter list, and again at the end to perform a standard life cycle cost analysis based on the simulation of one year of solar system operation.  It compares the capital and back-up fuel costs of a solar system to the fuel costs of a conventional non-solar system.  It is assumed that the solar back-up system is identical to the conventional heating system, in that only the incremental costs of adding solar to the conventional system are considered.



The detail of the economic output is dependent on the mode and parameters used. In this instance (Mode 1) uses the simplest method of calculating the life cycle costs and life cycle savings (the P1 and P2 method as described by Brandemuehl and Beckman, and Duffie and Beckman.
0
0
0
0
0
0
__
__
__
1

0
__
__
__
__
0
0
__
.\SourceCode\Types\Type29.for
__
__
__
9
1st year auxiliary cost
SN
1
The integrated cost ($) of the auxiliary (back up) system for the first year.
simple
real
1
+
0.0
+Inf
[ ; ]
0.0
0.0
-
Dimensionless
1st year load cost
SN
1
The integrated cost of the total load for the first year i.e., the total fuel cost if the solar system was not used.
simple
real
1
+
0.0
+Inf
[ ; ]
0.0
0.0
-
Dimensionless
Economic analysis mode
SN
1
Thisparameter indicates to the general economics component that the P1,P2 method should be used to evaluate the inputs.
simple
integer
3
+
1
1
[ ; ]
1
1
-
Dimensionless
Collector area
SN
1
The area of the solar collector array.
simple
real
3
+
0.0
+Inf
[ ; ]
50.0
50.0
m^2
Area
Area dependent costs
SN
1
The total area dependent costs for the solar system ($/m^2).  These costs include the cost of the collector and part of the cost of the thermal storage equipment.
simple
real
3
+
0.0
+Inf
[ ; ]
200.0
200.0
-
Dimensionless
Fixed costs
SN
1
The total cost ($) of the equipment which is independent of the collector area.  Examples are costs for piping or ducts, controls, blowers, etc
simple
real
3
+
0.0
+Inf
[ ; ]
4000.0
4000.0
-
Dimensionless
P1 factor
SN
1
The P1 factor in the P1,P2 analysis method.  The P1 factor is defined as the ratio of the life cycle fuel cost savings to the first year fuel cost savings.
simple
real
3
+
0.0
+Inf
[ ; ]
20.0
20.0
-
Dimensionless
P2 factor
SN
1
The P2 factor in the P1,P2 economic analysis method. The P2 factor is defined as the ratio of the life cycle expenditures incurred because of the additional capital investment to the initial capital investment.
simple
real
3
+
0.0
+Inf
[ ; ]
0.6630
0.6630
-
Dimensionless
Logical unit number for output file
SN
1

simple
integer
3
+
30
30
[ ; ]
30
0
-
dimensionless
0
0
0
0
0

*** trnModel specific properties ***
5
29
df /c



0



0



0



0



0
6

Output file to print the results

0
Logical unit number for output file




0





0





0





0





7
Economic analysis mode
Collector area
Area dependent costs
Fixed costs
P1 factor
P2 factor
Logical unit number for output file


0
0
1
0


1
50
-1
-1
0


1
50
0
6
0


1
50
-1
-1
0


1
50