Scarcity_Revenue Column
Units = $000
This column reports the total additional revenue for each resource, based on the zonal reserve margin, as applied via the Scarcity Pricing Function column of the Zone Definition table.
For each year, Aurora will calculate the reserve margin and then attribute Scarcity_Revenue to each generator based on the function and their contribution to the reserve margin. The scarcity revenue will be attributed hourly, but each hourly value will be constant over the whole year so that it sums to the correct amount. This revenue will be calculated in both Long-Term Capacity Expansion studies and standard pricing studies and will be part of the resource Value that is used to calculate the capacity prices at the end of the long-term run, in such a way that the capacity prices will take into account the revenue already earned from the scarcity pricing.
Note, if the reserve margin is less than 1, the value of 1 will be used (and same if it is greater than 168, the value for 168 will be used).
Scarcity_Revenue Column
