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StEAM_WACC

This repository features

  • WACC.py a python script aggregating the Cost of Capital data of Aswath Damodaran and calculating ready to use WACC values (e.g. for global energy system optimization models)
  • wacc_agg_concat.xlsx an aggregated sample output database of WACC.py with technology-average WACC values for 160 countres from 2013-2024

The output of WACC.py can be configured by three user inputs:

  1. Countries

By default all available 160 countries are included. If you want to trim down your output file you can manually delete entries in user_config/country_list.csv
If you're not familiar with the countrycodes you can can check the sample database wacc_agg_concat.xlsx

  1. Technologies

By default 9 industry groups relevant for the energy sector are included. Feel free to remove or add entries in user_config/industry_technology.csv
A complete list with all possible industry groups is available in user_config/industry_technology_full_list.csv

  1. Data year

The default year for data is 2024. If you want a long term median year use 2023. For minimal WACCs use 2021 and for maximum WACCs 2022. You can enter any year from 2013 up to 2024 in user_config/data_year.txt

The resulting WACC values are in the column 'Cost of Capital' in output/WACC.csv.


Utilized in the StEAM project for modeling of global hydrogen production and transportation networks with the energy system modeling framework Backbone: https://github.com/OliverLinsel/StEAM_model

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A python script aggregating the Cost of Capital data of Aswath Damodaran with additional sources for use in global energy system models.

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