Change of preference parameters - time preference rate and intertemporal elasticity of substitution - adjust to more commonly used values. This requires an update of the mark ups/interest rates used in energy investment equations to keep them in line with market interest rates.
Type of change
(Make sure to delete from the Type-of-change list the items not relevant to your PR)
[x] Minor change (default scenarios show only small differences)
Purpose of this PR
Change of preference parameters - time preference rate and intertemporal elasticity of substitution - adjust to more commonly used values. This requires an update of the mark ups/interest rates used in energy investment equations to keep them in line with market interest rates.
Type of change
(Make sure to delete from the Type-of-change list the items not relevant to your PR)
Checklist:
remind2
where it was neededforbiddenColumnNames
in readCheckScenarioConfig.R in case the PR leads to deprecated switchesFAIL 0
in the output ofmake test
)CHANGELOG.md
has been updated correctlyFurther information (optional):