Commodity Index
Commodity Attributes
Name | Units | Default Value | Validation Rule | Description |
---|---|---|---|---|
Energy Density | MJ | 0 | Energy per unit of the Commodity | |
Unit | - | 0 | Unit the Commodity is measured in | |
Unit Type | - | 0 | In (0,1) | Convention for reporting of Commodity at the interval level |
Commodity Input Properties
Name | Units | Multi-band | Default Value | Validation Rule | Key Property | Description |
---|---|---|---|---|---|---|
Acceptable Risk | $ | False | 0 | False | Acceptable risk around target net profit | |
Balance Period | - | False | 0 | In (0,1,2,3,4,5,6) | False | Frequency of inventory balance |
Build Cost | $ | True | 0 | False | Cost of building a unit | |
Build Cost Multiplier | - | False | 0 | In (0,2) | False | Sets the unit for the input Build Cost |
Build Non-anticipativity | $ | False | -1 | False | Price for violating build non-anticipativity constraints | |
Decomposition Bound Penalty | $ | False | 1000000 | ≥0 | False | Penalty applied to violation of inventory bounds when the decomposition implies possible violations |
Decomposition Method | - | False | 1 | In (0,1,2) | False | Method used to pass the optimal inventory trajectory from one simulation phase to the next |
Decomposition Penalty a | - | False | 0.0489 | False | Decomposition inventory target penalty function 'a' term | |
Decomposition Penalty b | - | False | 0.6931 | False | Decomposition inventory target penalty function 'b' term | |
Decomposition Penalty c | - | False | 0 | False | Decomposition inventory target penalty function 'c' term | |
Decomposition Penalty x | - | False | 1.1 | False | Decomposition inventory target penalty function 'x' term | |
Delivery | ~ | False | 0 | False | Amount of the Commodity added to inventory | |
Delivery Charge | $/~ | False | 0 | False | Cost of deliveries of the Commodity to inventory | |
Economic Life | yr | False | 30 | ≥0 | False | Economic life of the unit (period over which fixed costs are recovered) |
End Effects Method | - | False | 1 | In (1,2) | False | Method used to value or constrain end-of-period inventory |
Expansion Optimality | - | False | 2 | In (0,2) | False | Expansion planning integerization scheme |
FO&M Charge | $ | False | 0 | False | Annual fixed operation and maintenance charge | |
Formulate Risk | Yes/No | False | 0 | In (0,-1) | False | If constraint should be formulated to bound net profit risk |
Injection Charge | $/~ | False | 0 | False | Cost of adding the Commodity to inventory | |
Injection Efficiency | % | True | 100 | False | Proportion of injected commodity reaching storage net of losses | |
Inventory Charge | $/~ | False | 0 | False | Cost of keeping the Commodity in inventory | |
Max Consumption | ~ | False | 1E+30 | False | Maximum consumption per interval | |
Max Consumption Custom | ~ | False | 1E+30 | False | Maximum consumption over custom timeframe | |
Max Consumption Day | ~ | False | 1E+30 | False | Maximum consumption per day | |
Max Consumption Hour | ~ | False | 1E+30 | False | Maximum consumption per hour | |
Max Consumption Month | ~ | False | 1E+30 | False | Maximum consumption per month | |
Max Consumption Penalty | $/~ | False | -1 | False | Penalty for violation of [Max Consumption] constraints | |
Max Consumption Week | ~ | False | 1E+30 | False | Maximum consumption per week | |
Max Consumption Year | ~ | False | 1E+30 | False | Maximum consumption per year | |
Max Injection | ~ | False | 1E+30 | ≥0 | False | Maximum amount of the Commodity that can be put into inventory in any interval |
Max Injection Day | ~ | False | 1E+30 | ≥0 | False | Maximum amount of the Commodity that can be put into inventory in any day |
Max Injection Hour | ~ | False | 1E+30 | ≥0 | False | Maximum amount of the Commodity that can be put into inventory in any hour |
Max Injection Month | ~ | False | 1E+30 | ≥0 | False | Maximum amount of the Commodity that can be put into inventory in any month |
Max Injection Week | ~ | False | 1E+30 | ≥0 | False | Maximum amount of the Commodity that can be put into inventory in any week |
Max Injection Year | ~ | False | 1E+30 | ≥0 | False | Maximum amount of the Commodity that can be put into inventory in any year |
Max Inventory | ~ | False | 0 | False | Maximum amount of the Commodity allowed in inventory | |
Max Inventory Change | ~ | False | 1E+30 | ≥0 | False | Maximum rate of change in inventory in any interval |
Max Inventory Change Day | ~ | False | 1E+30 | ≥0 | False | Maximum rate of change in inventory in any day |
Max Inventory Change Hour | ~ | False | 1E+30 | ≥0 | False | Maximum rate of change in inventory in any hour |
Max Inventory Change Month | ~ | False | 1E+30 | ≥0 | False | Maximum rate of change in inventory in any month |
Max Inventory Change Penalty | $/~ | False | -1 | False | Penalty for violating the [Max Ramp] constraints | |
Max Inventory Change Week | ~ | False | 1E+30 | ≥0 | False | Maximum rate of change in inventory in any week |
Max Inventory Change Year | ~ | False | 1E+30 | ≥0 | False | Maximum rate of change in inventory in any year |
Max Production | ~ | False | 1E+30 | False | Maximum production per interval | |
Max Production Custom | ~ | False | 1E+30 | False | Maximum production over custom timeframe | |
Max Production Day | ~ | False | 1E+30 | False | Maximum production per day | |
Max Production Hour | ~ | False | 1E+30 | False | Maximum production per hour | |
Max Production Month | ~ | False | 1E+30 | False | Maximum production per month | |
Max Production Penalty | $/~ | False | -1 | False | Penalty for violation of [Max Production] constraints | |
Max Production Week | ~ | False | 1E+30 | False | Maximum production per week | |
Max Production Year | ~ | False | 1E+30 | False | Maximum production per year | |
Max Units Built | - | False | 0 | ≥0 | False | Maximum number of units automatically constructed in aggregate over the planning horizon |
Max Units Built in Year | - | False | 1E+30 | ≥0 | False | Maximum number of units automatically constructed in any single year of the planning horizon |
Max Units Retired | - | False | 0 | ≥0 | False | Maximum number of units automatically retired in aggregate over the planning horizon |
Max Units Retired in Year | - | False | 1E+30 | ≥0 | False | Maximum number of units automatically retired in any single year of the planning horizon |
Max Withdrawal | ~ | False | 1E+30 | ≥0 | False | Maximum amount of the Commodity that can be taken from inventory in any interval |
Max Withdrawal Day | ~ | False | 1E+30 | ≥0 | False | Maximum amount of the Commodity that can be taken from inventory in a day |
Max Withdrawal Hour | ~ | False | 1E+30 | ≥0 | False | Maximum amount of the Commodity that can be taken from inventory in a hour |
Max Withdrawal Month | ~ | False | 1E+30 | ≥0 | False | Maximum amount of the Commodity that can be taken from inventory in a month |
Max Withdrawal Week | ~ | False | 1E+30 | ≥0 | False | Maximum amount of the Commodity that can be taken from inventory in a week |
Max Withdrawal Year | ~ | False | 1E+30 | ≥0 | False | Maximum amount of the Commodity that can be taken from inventory in a year |
Min Consumption | ~ | False | 0 | False | Minimum consumption per interval | |
Min Consumption Custom | ~ | False | 0 | False | Minimum consumption over custom timeframe | |
Min Consumption Day | ~ | False | 0 | False | Minimum consumption per day | |
Min Consumption Hour | ~ | False | 0 | False | Minimum consumption per hour | |
Min Consumption Month | ~ | False | 0 | False | Minimum consumption per month | |
Min Consumption Penalty | $/~ | False | -1 | False | Penalty for violation of [Min Consumption] constraints | |
Min Consumption Week | ~ | False | 0 | False | Minimum consumption per week | |
Min Consumption Year | ~ | False | 0 | False | Minimum consumption per year | |
Min Injection | ~ | False | 0 | ≥0 | False | Amount of the Commodity that must be added to inventory in any interval |
Min Injection Day | ~ | False | 0 | ≥0 | False | Amount of the Commodity that must be added to inventory in any day |
Min Injection Hour | ~ | False | 0 | ≥0 | False | Amount of the Commodity that must be added to inventory in any hour |
Min Injection Month | ~ | False | 0 | ≥0 | False | Amount of the Commodity that must be added to inventory in any month |
Min Injection Week | ~ | False | 0 | ≥0 | False | Amount of the Commodity that must be added to inventory in any week |
Min Injection Year | ~ | False | 0 | ≥0 | False | Amount of the Commodity that must be added to inventory in any year |
Min Inventory | ~ | False | 0 | False | Minimum amount of the Commodity required in inventory | |
Min Production | ~ | False | 0 | False | Minimum production per interval | |
Min Production Custom | ~ | False | 0 | False | Minimum production over custom timeframe | |
Min Production Day | ~ | False | 0 | False | Minimum production per day | |
Min Production Hour | ~ | False | 0 | False | Minimum production per hour | |
Min Production Month | ~ | False | 0 | False | Minimum production per month | |
Min Production Penalty | $/~ | False | -1 | False | Penalty for violation of [Min Production] constraints | |
Min Production Week | ~ | False | 0 | False | Minimum production per week | |
Min Production Year | ~ | False | 0 | False | Minimum production per year | |
Min Units Built | - | False | 0 | ≥0 | False | Minimum number of units automatically constructed in aggregate over the planning horizon |
Min Units Built in Year | - | False | 0 | ≥0 | False | Minimum number of units automatically constructed in any single year of the planning horizon |
Min Units Retired | - | False | 0 | ≥0 | False | Minimum number of units automatically retired in aggregate over the planning horizon |
Min Units Retired in Year | - | False | 0 | ≥0 | False | Minimum number of units automatically retired in any single year of the planning horizon |
Min Withdrawal | ~ | False | 0 | ≥0 | False | Amount of the Commodity that must be taken from inventory each interval |
Min Withdrawal Day | ~ | False | 0 | ≥0 | False | Amount of the Commodity that must be taken from inventory each day |
Min Withdrawal Hour | ~ | False | 0 | ≥0 | False | Amount of the Commodity that must be taken from inventory each hour |
Min Withdrawal Month | ~ | False | 0 | ≥0 | False | Amount of the Commodity that must be taken from inventory each month |
Min Withdrawal Week | ~ | False | 0 | ≥0 | False | Amount of the Commodity that must be taken from inventory each week |
Min Withdrawal Year | ~ | False | 0 | ≥0 | False | Amount of the Commodity that must be taken from inventory each year |
Opening Inventory | ~ | False | 0 | ≥0 | False | Initial amount of the Commodity in inventory |
Price | $/~ | False | 0 | False | Price of the Commodity for the given level of Net Consumption | |
Project Start Date | - | False | 36526 | ≥0 | False | Start date of project, for expansion planning |
Reservation Charge | $/~ | False | 0 | False | Cost applied to unused inventory capacity | |
Retire Non-anticipativity | $ | False | -1 | False | Price for violating retire non-anticipativity constraints | |
Retirement Cost | $ | False | 0 | False | Cost of retiring a unit | |
Risk Level | - | False | 0.1 | Between 0 and 1 | False | Risk level for risk-constrained optimization |
Target | ~ | False | 0 | ≥0 | False | Target level of inventory at the end of the interval |
Target Custom | ~ | False | 0 | ≥0 | False | Target level of inventory at the end of the horizon |
Target Day | ~ | False | 0 | ≥0 | False | Target level of inventory at the end of the day |
Target Hour | ~ | False | 0 | ≥0 | False | Target level of inventory at the end of the hour |
Target Month | ~ | False | 0 | ≥0 | False | Target level of inventory at the end of the month |
Target Penalty | $/~ | False | -1 | False | Penalty for violating the target inventory | |
Target Week | ~ | False | 0 | ≥0 | False | Target level of inventory at the end of the week |
Target Year | ~ | False | 0 | ≥0 | False | Target level of inventory at the end of the year |
Technical Life | yr | False | 1E+30 | ≥0 | False | Technical lifetime of the unit |
Units | - | False | 1 | ≥0 | True | Number of Commodity 'units' where zero switches the Commodity out of the simulation |
WACC | % | False | 10 | ≥0 | False | Weighted average cost of capital |
Withdrawal Charge | $/~ | False | 0 | False | Cost of taking the Commodity out of inventory | |
Withdrawal Efficiency | % | True | 100 | False | Proportion of commodity withdrawn from storage net of losses | |
x | - | True | 0 | False | Value to pass-through to solution | |
y | - | True | 0 | False | Value to pass-through to solution | |
z | - | True | 0 | False | Value to pass-through to solution |
Commodity Constraints Input Properties
Name | Units | Multi-band | Default Value | Validation Rule | Key Property | Description |
---|---|---|---|---|---|---|
Acceptable Risk Coefficient | - | False | 0 | False | Coefficient of entity acceptable risk | |
Build Cost Coefficient | $ | False | 0 | False | Coefficient of total build cost | |
Built Coefficient | - | False | 0 | False | Coefficient on binary variable indicating if any capacity is built to date | |
Built in Year Coefficient | - | False | 0 | False | Coefficient on binary variable indicating if any capacity is built in the year | |
Capacity Built Coefficient | - | False | 0 | False | Coefficient of capacity built | |
Capacity Retired Coefficient | - | False | 0 | False | Coefficient of capacity retired | |
Closing Inventory Coefficient | ~ | False | 0 | False | Coefficient of Commodity in inventory | |
Consumption Coefficient | ~ | False | 0 | False | Coefficient of Commodity consumption in the Constraint | |
Delivery Coefficient | ~ | False | 0 | False | Coefficient of additions of the Commodity to inventory | |
Injection Coefficient | ~ | False | 0 | False | Coefficient of injection of the Commodity into inventory | |
Inventory Change Coefficient | ~ | False | 0 | False | Coefficient of change in the amount of the Commodity in inventory | |
Net Profit Coefficient | $ | False | 0 | False | Coefficient of net profit | |
Net Revenue Coefficient | $ | False | 0 | False | Coefficient of net revenue | |
Production Coefficient | ~ | False | 0 | False | Coefficient of Commodity production in the Constraint | |
Units Built Coefficient | - | False | 0 | False | Coefficient of number of units built | |
Units Built in Year Coefficient | - | False | 0 | False | Coefficient of number of units built in the year | |
Units Retired Coefficient | - | False | 0 | False | Coefficient of number of units retired | |
Units Retired in Year Coefficient | - | False | 0 | False | Coefficient of number of units retired in the year | |
Withdrawal Coefficient | ~ | False | 0 | False | Coefficient of withdrawal of the Commodity from inventory |
Commodity Objectives Input Properties
Name | Units | Multi-band | Default Value | Validation Rule | Key Property | Description |
---|---|---|---|---|---|---|
Acceptable Risk Coefficient | - | False | 0 | False | Coefficient of entity acceptable risk | |
Build Cost Coefficient | $ | False | 0 | False | Coefficient of total build cost | |
Built Coefficient | - | False | 0 | False | Coefficient on binary variable indicating if any capacity is built to date | |
Built in Year Coefficient | - | False | 0 | False | Coefficient on binary variable indicating if any capacity is built in the year | |
Capacity Built Coefficient | - | False | 0 | False | Coefficient of capacity built | |
Capacity Retired Coefficient | - | False | 0 | False | Coefficient of capacity retired | |
Closing Inventory Coefficient | ~ | False | 0 | False | Coefficient of Commodity in inventory | |
Consumption Coefficient | ~ | False | 0 | False | Coefficient of Commodity consumption in the Objective | |
Delivery Coefficient | ~ | False | 0 | False | Coefficient of additions of the Commodity to inventory | |
Injection Coefficient | ~ | False | 0 | False | Coefficient of injection of the Commodity into inventory | |
Inventory Change Coefficient | ~ | False | 0 | False | Coefficient of change in the amount of the Commodity in inventory | |
Net Profit Coefficient | $ | False | 0 | False | Coefficient of net profit | |
Net Revenue Coefficient | $ | False | 0 | False | Coefficient of net revenue | |
Production Coefficient | ~ | False | 0 | False | Coefficient of Commodity production | |
Units Built Coefficient | - | False | 0 | False | Coefficient of number of units built | |
Units Built in Year Coefficient | - | False | 0 | False | Coefficient of number of units built in the year | |
Units Retired Coefficient | - | False | 0 | False | Coefficient of number of units retired | |
Units Retired in Year Coefficient | - | False | 0 | False | Coefficient of number of units retired in the year | |
Withdrawal Coefficient | ~ | False | 0 | False | Coefficient of withdrawal of the Commodity from inventory |
Commodity Output Properties
Name | Summary Name | Property Group | Phases | Multi-band | Description |
---|---|---|---|---|---|
Annualized Build Cost - $000 | Annualized Build Cost - $000 | Expansion | LT Plan | False | Annualized cost of units built |
Average Utilization - % | Average Utilization - % | Storage | LT Plan, MT Schedule, ST Schedule | False | Average inventory capacity utilization |
Average Working Utilization - % | Average Working Utilization - % | Storage | LT Plan, MT Schedule, ST Schedule | False | Average working inventory capacity utilization |
Build Cost - $000 | Build Cost - $000 | Expansion | LT Plan | False | Cost of units built |
Capacity Built | Capacity Built | Expansion | LT Plan | False | Capacity built |
Capacity Retired | Capacity Retired | Expansion | LT Plan | False | Capacity retired |
Closing Inventory - ~ | Closing Inventory - ~ | Storage | LT Plan, MT Schedule, ST Schedule | False | Amount of the Commodity in inventory |
Consumption - ~ | Consumption - ~ | Production | LT Plan, MT Schedule, ST Schedule | False | Consumption of the Commodity |
Cost - $ | Cost - $000 | Production | LT Plan, MT Schedule, ST Schedule | False | Cost incurred by consumption of the Commodity |
Delivery - ~ | Delivery - ~ | Storage | LT Plan, MT Schedule, ST Schedule | False | Amount of the Commodity added to inventory |
Delivery Cost - $ | Delivery Cost - $000 | Storage | LT Plan, MT Schedule, ST Schedule | False | Cost of additions to inventory |
Electric Energy Consumption - MW | Electric Energy Consumption - GWh | Production | LT Plan, MT Schedule, ST Schedule | False | Equivalent electric energy consumption |
Electric Energy Production - MW | Electric Energy Production - GWh | Production | LT Plan, MT Schedule, ST Schedule | False | Equivalent electric energy production |
Energy Consumption - GJ (Metric), MMBtu (U.S. Imperial) | Energy Consumption - TJ (Metric), BBtu (U.S. Imperial) | Production | LT Plan, MT Schedule, ST Schedule | False | Equivalent energy consumption |
Energy Production - GJ (Metric), MMBtu (U.S. Imperial) | Energy Production - TJ (Metric), BBtu (U.S. Imperial) | Production | LT Plan, MT Schedule, ST Schedule | False | Equivalent energy production |
Fixed Costs - $ | Fixed Costs - $000 | Production | LT Plan, MT Schedule, ST Schedule | False | Total fixed costs including amortized build costs |
FO&M Cost - $ | FO&M Cost - $000 | Production | LT Plan, MT Schedule, ST Schedule | False | Fixed operation and maintenance cost |
Injection - ~ | Injection - ~ | Storage | LT Plan, MT Schedule, ST Schedule | False | Amount of the Commodity added to inventory |
Injection Cost - $ | Injection Cost - $000 | Storage | LT Plan, MT Schedule, ST Schedule | False | Cost of injections to the inventory |
Injection Losses - ~ | Injection Losses - ~ | Storage | LT Plan, MT Schedule, ST Schedule | False | Losses from injections |
Inventory Change - ~ | Inventory Change - ~ | Storage | LT Plan, MT Schedule, ST Schedule | False | Change in Commodity in inventory |
Inventory Cost - $ | Inventory Cost - $000 | Storage | LT Plan, MT Schedule, ST Schedule | False | Cost of holding the Commodity in inventory |
Levelized Cost - $/~ | Levelized Cost - $/~ | Expansion | LT Plan | False | Levelized cost of production |
Max Inventory - ~ | Max Inventory - ~ | Storage | LT Plan, MT Schedule, ST Schedule | False | Maximum amount of the Commodity allowed in inventory |
Min Inventory - ~ | Min Inventory - ~ | Storage | LT Plan, MT Schedule, ST Schedule | False | Minimum amount of the Commodity required in inventory |
Net Consumption - ~ | Net Consumption - ~ | Production | LT Plan, MT Schedule, ST Schedule | False | Net of consumption and production of the Commodity |
Net Cost - $ | Net Cost - $000 | Production | LT Plan, MT Schedule, ST Schedule | False | Net of Cost and Revenue from consumption and production of the Commodity |
Net Electric Energy Consumption - MW | Net Electric Energy Consumption - GWh | Production | LT Plan, MT Schedule, ST Schedule | False | Net equivalent electric energy consumption |
Net Energy Consumption - GJ (Metric), MMBtu (U.S. Imperial) | Net Energy Consumption - TJ (Metric), BBtu (U.S. Imperial) | Production | LT Plan, MT Schedule, ST Schedule | False | Net equivalent energy consumption |
Net New Capacity | Net New Capacity | Expansion | LT Plan | False | Capacity net of build and retire |
Net Withdrawal - ~ | Net Withdrawal - ~ | Storage | LT Plan, MT Schedule, ST Schedule | False | Net of withdrawal and injection |
Opening Inventory - ~ | Opening Inventory - ~ | Storage | LT Plan, MT Schedule, ST Schedule | False | Initial amount of the Commodity in inventory |
Price - $/~ | Price - $/~ | Production | LT Plan, MT Schedule, ST Schedule | False | Price of the Commodity for the given level of Net Consumption |
Production - ~ | Production - ~ | Production | LT Plan, MT Schedule, ST Schedule | False | Production of the Commodity |
Reservation Cost - $ | Reservation Cost - $000 | Storage | LT Plan, MT Schedule, ST Schedule | False | Cost of unused inventory capacity |
Retirement Cost - $000 | Retirement Cost - $000 | Expansion | LT Plan | False | Cost of retiring a unit |
Revenue - $ | Revenue - $000 | Production | LT Plan, MT Schedule, ST Schedule | False | Revenue earned from production of the Commodity |
Shadow Price - $/~ | Shadow Price - $/~ | Production | LT Plan, MT Schedule, ST Schedule | False | Shadow price of the Commodity from binding constraints |
Total Cost - $000 | Total Cost - $000 | Expansion | LT Plan | False | Total of fixed and variable costs from all facilities involved in production of the commodity |
Units | Units | Production | LT Plan, MT Schedule, ST Schedule | False | Number of units |
Units Built | Units Built | Expansion | LT Plan | False | Number of units built |
Units Retired | Units Retired | Expansion | LT Plan | False | Number of units retired |
Utilization - % | Utilization - % | Storage | LT Plan, MT Schedule, ST Schedule | False | Inventory capacity utilization |
Withdrawal - ~ | Withdrawal - ~ | Storage | LT Plan, MT Schedule, ST Schedule | False | Amount of the Commodity withdrawn from inventory |
Withdrawal Cost - $ | Withdrawal Cost - $000 | Storage | LT Plan, MT Schedule, ST Schedule | False | Cost of withdrawals from inventory |
Withdrawal Losses - ~ | Withdrawal Losses - ~ | Storage | LT Plan, MT Schedule, ST Schedule | False | Losses from withdrawals |
Working Inventory - ~ | Working Inventory - ~ | Storage | LT Plan, MT Schedule, ST Schedule | False | Working inventory capacity at the end of the period |
Working Utilization - % | Working Utilization - % | Storage | LT Plan, MT Schedule, ST Schedule | False | Working inventory capacity utilization |
x | x | Pass-through | LT Plan, MT Schedule, ST Schedule | True | Value to pass-through to solution |
y | y | Pass-through | LT Plan, MT Schedule, ST Schedule | True | Value to pass-through to solution |
z | z | Pass-through | LT Plan, MT Schedule, ST Schedule | True | Value to pass-through to solution |