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A very high value electricity price in base year
#1
Quote:Undisclosed user from VedaSupport Forum has sent the following message:
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Hi Antti-L,

I am test running a very basic model for power sector but the electricity price for the base year seem too high (2848 against the range of 23-29 for the rest of the time) and suspicious. Not so sure why this should be the case.

I suspect that your Base year calibration is too tight. First check if you have any dummy imports active in the results for the base year. If you have any, go ahead and fix your model. If you don't have, the dummy import prices may nonetheless be reflected in the electricity price (if dummy imports are enabled). To avoid that, you may wish to consider loosening your base year calibration (e.g. by relaxing some availability factors, or by adding an electricity import option at a reasonable price), or disabling the dummy import processes.
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