摘要 |
A system for producing sets of competitive depreciation rates (CDRs) for a high-cost plant based on the hypothetical book value of the plant, such that the application of any set would result in the plant generating electricity competitively. A CDR set consists of one or more higher-than-standard depreciation rates first applied sometime prior to the start of competition, and one or more lower-than-standard depreciation rates first applied sometime after the start of the plant's competitive operation and continued for the rest of its life. The system also calculates the potential stranded assets (PSAs) and the time-at-risk (TAR) associated with the power plant prior to its reaching competitive operation. The system is designed to analyze the competitiveness of an individual high-cost power plant, hereafter known as the first plant, over its full lifetime under given assumptions and conditions about the introduction of competitive marketing of electricity.
|