The data for leading times, phasing in capital and life of plant was imported to the model. A new declaration called Lead times was added. It looks like this:
All the identifiers in the Lead Times declaration are supposed to take care of the leading times, phasing in capital and economic life. However, that is not happening. Ideally:
- The new power plants are supposed to be committed any time between 2013 and 2050.
- No new capacity is supposed to start at 2013 because of leading times.
- Those power plants with life of plant that pass 2050 are supposed to remain active until their corresponding life of plant comes to an end.
- Not all the capital can be taken in one year for new capacity, but a portion per each year of the leading time, according to p_phaseIn parameter.
The attached model, opens on this page:
One will have to:
- Click the input data button
- Select the scenario analysis, then click solve the scenario button. This solves the deterministic model.
- The corresponding results can be viewed in stochastic results section: PlanNewCapacity(t,pl,pt) for new capacity; PlanTotalCapitalCost(t,pl) for capital costs.
The results I got showed that some if not all of the parameter under the lead time declaration are not working. I am aware that certain parameters are supposed to be extended beyond 2050, however, I don’t think this is the reason why the model is not working correctly.
Your assistance will be appreciated.