Modeling approach | Objective function | Model additions | Description | Parameters | |
---|---|---|---|---|---|
Vars | Cons | ||||
Cost-optimal | Equation 1 (LP) | – | – | Reference: cost-optimal solution without considering equality representing utilitarian extreme | \({c}^{\text{eq}}=0\) \(d\to \infty\) |
Equal | Equation 1 (LP) | K + 1 | 2 K + 1 | Reference: solution with equal regional CPU as the egalitarian extreme | \({c}^{\text{eq}}\to \infty\) \(d=0\) |
Min var | K + 1 | K + 1 | Co-minimization of the variance of regions’ CPU and total system costs | \({c}^{\text{eq}}\in [{10}^{9}, {10}^{12}]\) | |
Lim d | Equation 1 (LP) | K + 1 | 3 K + 1 | Limit the deviation of regions’ CPU | \(d\in [0.05, 3]\) |