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Dear all,
Has anybody incorporated Feed-in-Tariff (FIT) in cost variables? I am analysing whether FIT provided by a country is too low or too high. I also want to use FIT to improve the competitiveness of renewable energy in optimization analysis.
I tried subtracting FIT in variable O&M costs of the concerned power plants but LEAP does not accept negative (-) values for this variable. I tried putting FIT as negative indigenous cost but I think there is a better way to do this.
May I know if you have modeled FIT already and if not, how would you do this?
Thanks,
Edito