Pathfinder Plus
- Status:
- Complete
- Project Reference Number:
- NIA_WWU_055
- START DATE:
- END DATE:
Project summary
- Funding mechanism:
-
- Network Innovation Allowance
- Research area:
-
- GD - Future of gas
- Technology:
-
- Low Carbon Generation
- Expenditure:
- £133,333
This project is a complimentary to further the learning gained in Green City Vision (NIA_WWU_051). The current financial functionality within WWU's Pathfinder model is less sophisticated than the engineering functionality. Therefore, Pathfinder Plus has been developed to refine the ability within Pathfinder to understand the financial implications of an engineering solution and to allow scenarios to be optimised based on financial metrics
Objectives
The objective of the Pathfinder Extension project is to build upon the engineering outputs of the current Pathfinder model to increase the economic sophistication of the analysis.
The main outcome of the work will assist stakeholders as follows:
Wales & West Utilities – Increase the output value of Pathfinder as a whole system analysis tool to allow both engineering and economic implications of any given decarbonisation strategy to be assessed.
Gas & Electricity Distribution Network Operators – Understand how different energy scenarios will impact generation economics and resulting cost of electricity, as well as indicative economic implications for network upgrades.
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