Commodity price for final sectors
#1
Hello,

I'd like to inquire about determining or computing the cost of a commodity, such as electricity, for the final sector. Initially, I assumed that it should align with the value of EQ_CombalM, but I may be mistaken. As an example, I've included the EQ_CombalM for the commodity ELCHIGG, which serves as the sole input for the TRAELCT00 process, which transforms it (EFF = 1) into the commodity TRAELCT.
The EQ_CombalM for TRAELCT is lower than that of ELCHIGG, and I'm seeking clarification on this. Am I correct in understanding that EQ_CombalM reflects the cost increase in the objective function when producing one additional unit of the commodity? If so, should the EQ_CombalM value for TRAELCT be greater than or equal to that of ELCHIGG, considering the application of Flo_cost in the TRAELCT00 process? Alternatively, should I sum all the EQ_CombalMs to determine the marginal price of the final commodity?

Regarding the calculation of the full fuel cost for the final sector, I believe that for commodities not transformed in the model (e.g., natural gas), it should be the sum of IRE_PRICE, FLO_COST, FLO_DELIV, FLO_TAX, and FLO_SUB across all processes between import and final consumption. Could you confirm if this interpretation is accurate? Additionally, I'm uncertain about the best approach for cases involving the transformation from primary sources to secondary sources, such as electricity or gasoline.
I appreciate your assistance.
Thank you,
Lukas


Attached Files
.xlsx   EQ_CombalM_ELCHIGG_TRAELC.xlsx (Size: 13.31 KB / Downloads: 4)
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Messages In This Thread
Commodity price for final sectors - by lukas - 30-11-2023, 09:11 PM
RE: Commodity price for final sectors - by lukas - 04-12-2023, 03:17 PM
RE: Commodity price for final sectors - by lukas - 04-12-2023, 03:50 PM

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