Reference Scenario definition

Reference Scenario means a combination of recent historical data on Emissions from deforestation and/or forest degradation and estimated future Emissions resulting from forest carbon stock changes leading to a national scenario through time of Emissions in the absence of additional positive incentives for REDD;
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Reference Scenario means a national reference scenario, which is supposed to encompass both Reference Emissions Levels and Reference Levels.
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Examples of Reference Scenario in a sentence

  • Policies are analysed as counterfactual dynamic scenarios and are compared against the Reference scenario representing Business as Usual trends.

  • In this context, the cost competitiveness of European industries vis-à-vis the Chinese improves considerably, and thus EU industrial activity losses are very small relative to the Reference scenario.

  • The Reference scenario is a future projection of the EU energy system based on continuation of current and historic trends- it is not a forecast.

  • The rest of the assumptions are common and include the following:  The price of electricity, which is the variable cost of a charging station and affects the fuel cost of EVs draws from the Reference scenario 2016 quantified with the PRIMES model (Capros et al., 2016) and ranges from 0.163 euros/kWh in 2021 to 0.175 euros/kWh in 2030.

  • The Recipient shall: • Develop two Reference Scenarios reflective of California’s existing regulations leveraging state agency Reference scenario defined through the SB 100 Joint Agency Report, the CARB Scoping Plan, CEC’s IEPR California Energy Demand, and the CPUC IRP.

  • The values of all parameters included in the “Base scenario” reflect those include in the official EC Reference scenario (Xxxxxx et al 201628).

  • This baseline scenario, which we simply call baseline , uses as a basis the key assumptions as presented in the Reference scenario 2016 (Xxxxxx et al, 2016).

  • For example, population, GDP, sectoral activity and international fossil fuel prices are derived from the EC, Reference scenario 201627.

  • The most important parameters of the Base scenario which take initial values from the EC Reference scenario include: GDP and demographic assumptions, technology costs, energy demand by fuel in base year, power generation mix and technology capacity (in base year), prices of energy products and policy variables (base year), hourly patterns of load, loss rates by technology/country, parameters for cost-supply curves etc.

  • This means that energy system costs as a share of GDP stay relatively constant at their 2010-2020 levels until 2050 under Reference scenario conditions.

Related to Reference Scenario

  • Reference Asset Weight means, in respect of a Reference Asset, the proportion of the Reference Portfolio set out under the heading “Reference Portfolio Weight” for such Reference Asset in the table included under “THE REFERENCE PORTFOLIO, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Reference Level means the level of the Index (excluding any flash estimates) published or announced by Eurostat (or any successor entity which publishes such index) in respect of the month that is 12 calendar months prior to the month referred to in “Latest Level” above.

  • Three-dimensional reference system means a system as described in Appendix 2 to this annex;

  • Reference Value means the last reported sales price of the shares of Common Stock for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Mean Sea Level means the average height of the sea for all stages of the tide. It is used as a reference for establishing various elevations within the floodplain. For the purposes of this Ordinance, the term is synonymous with the National Geodetic Vertical Datum (NGVD) of 1929, the North American Vertical Datum (NAVD) of 1988, or other datum, to which Base Flood Elevations shown on a community's Flood Insurance Rate Map are referenced.

  • Weighted Reference Asset Return means for each Reference Asset contained in the Reference Portfolio and on any day, the product of (i) the Reference Asset Return and (ii) the Reference Asset Weight.

  • Broadband level means all positions sufficiently similar in knowledge, skills, and abilities, and sufficiently similar as to kind or subject matter of work, level of difficulty or responsibilities, and qualification requirements of the work, to warrant the same treatment as to title, pay band, and other personnel transactions.