Test Case 4

Test Case 4 asserts that discounting works as intended. It depicts a perfectly competitive version of Test Case 3 over the course of two years, where the second period is discounted by 50\%. Prices should be $P=1.0$ in both years. Social welfare corresponds to the gray triangle in the graphical solution, where the second period must be discounted accordingly. Hence, the total objective value (corresponding to social welfare in the absence of strategic behavior) must be $0.75$. Both, prices and objective values, are tested against.

Sets

Set NameSet Value
$\mathcal{A}$$\{DEU\_to\_DEU\}$
$\mathcal{AC}$$\{(DEU\_to\_DEU,CNG)\}$
$\mathcal{C}$$\{CNG\}$
$\mathcal{DSB}$$\{Block 1\}$
$\mathcal{I}$$\{Natural Gas\}$
$\mathcal{IOB}$$\{Block 1\}$
$\mathcal{M}$$\{OnlyTimeStep\}$
$\mathcal{N}$$\{DEU\}$
$\mathcal{O}$$\{FES\}$
$\mathcal{P}$$\{P\_DEU\}$
$\mathcal{RA}$
$\mathcal{RS}$
$\mathcal{RV}$
$\mathcal{S}$
$\mathcal{T}$$\{T\_DEU\}$
$\mathcal{V}$
$\mathcal{VT}$
$\mathcal{Y}$$\{2020,2021\}$

Parameters

Parametery=2020y=2021
$\frac{1}{ | \Delta |_{y}}$$1$$1$
${1}^{NC}_{T\_DEU,DEU,CNG}$$0$$0$
$r_{y}$$1$$0.5$
$d_{OnlyTimeStep}$$1$$1$
$c^{P}_{P\_DEU,CNG,FES,y}$$0.5$$0.5$
$c^{\Delta P}_{P\_DEU,CNG,FES,y}$$1$$1$
$fi^{P}_{CNG,Natural Gas,FES}$$1$$1$
$L^{P}_{CNG,FES}$$50$$50$
$\Lambda^{P}_{P\_DEU,CNG,FES,y}$$10$$10$
$\Lambda^{I}_{P\_DEU,Natural Gas,Block 1,y}$$10$$10$
$\Omega^{I}_{P\_DEU,Natural Gas,Block 1,y}$$0$$0$
$c^{\Delta^{I}}_{P\_DEU,Natural Gas,Block 1,y}$$0$$0$
$\Lambda^{T}_{T\_DEU,DEU,CNG,FES,y}$$10$$10$
$\Omega^{P}_{P\_DEU,CNG,FES,y}$$10$$10$
$l^{A}_{DEU\_to\_DEU,CNG}$$0$$0$
$c^{A}_{DEU\_to\_DEU,CNG,y}$$0$$0$
$c^{\Delta A}_{DEU\_to\_DEU,CNG,y}$$0$$0$
$\Lambda^{A}_{DEU\_to\_DEU,CNG,y}$$0$$0$
$L^{A}_{CNG}$$50$$50$
$c^{I_{l}}_{P\_DEU,Natural Gas,Block 1,OnlyTimeStep,y}$$0.5$$0.5$
$c^{I_{q}}_{P\_DEU,Natural Gas,Block 1,OnlyTimeStep,y}$$0$$0$
$av^{I}_{P\_DEU,Natural Gas,Block 1,OnlyTimeStep}$$1$$1$
$\alpha^{D}_{DEU,CNG,Block 1,OnlyTimeStep,y}$$2$$2$
$\beta^{D}_{DEU,CNG,Block 1,OnlyTimeStep,y}$$-1$$-1$

Test Criteria

ExpressionResult y=2020y=2021
$\tilde{P}^{T \rightarrow D}_{DEU,CNG,Block 1,OnlyTimeStep,2020}$$1.0$$1.0$
Objective Value0.75

Graphical Solution

Social Welfare in Test Years

2020

test_case_4a_graphic

2021

test_case_4b_graphic