Table 2 Regionalization scenarios
From: Coordinating power sector climate transitions under policy uncertainty
| Â | Definitions | ||||
|---|---|---|---|---|---|
Name | Hurdle rate | Operating | Planning | Tr. | Gen. |
| Â | cost | reserve | reserve | coord. | coord. |
Incomplete Coord. | Non-zero | Zonal level | Zonal level | Limit | Lower |
BAU | Non-zero | Zonal level | Zonal level | No Limit | Lower |
Expanded EIM | Zero | Region-wide | Zonal level | No Limit | Lower |
Regional Market | Zero | Region-wide | Region-wide | No Limit | Lower |
Full Coordination | Zero | Region-wide | Region-wide | No Limit | Enhanced |