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Clarification of MACRO equation COST_ENERGY

Open Jihoon opened this issue 3 years ago • 1 comments

There have been questions raised for the Taylor formulation of Equation COST_ENERGY in MACRO.

  • Internal discussion: https://iiasa-ece.slack.com/archives/CD0GBHHA4/p1637231296047600
  • External user: https://github.com/iiasa/message_ix/discussions/615

The question is about how the second Taylor coefficient term is derived. We need to clarify how internally and elaborate the conclusion in the documentation.

https://github.com/iiasa/message_ix/blob/c497a5fd1993d2d63e8c2587b83764471de17d76/message_ix/model/MACRO/macro_core.gms#L273-L290 or as rendered in the docs: image

Jihoon avatar May 30 '22 09:05 Jihoon

The theoretical paper behind this: https://www.sciencedirect.com/science/article/pii/S0360544299000638

Jihoon avatar May 30 '22 09:05 Jihoon