MLchartDataset catalogue

Least cost curve

Term · Environment · MLC-T-ENV-015558

An algorithm to develop a control strategy that iteratively performs least-cost runs at multiple percentage reductions so that a cost curve can be developed that shows how the annualized cost increases as the level of desired reduction increases.

Table 1. Record
IdentifierMLC-T-ENV-015558
FieldEnvironment
SubjectAir
ReferencesControl Strategy Tool (CoST) Glossary
Record as JSON 
{
  "id": "MLC-T-ENV-015558",
  "term": "Least cost curve",
  "field": "Environment",
  "term_source": "Least Cost Curve",
  "definition": "An algorithm to develop a control strategy that iteratively performs least-cost runs at multiple percentage reductions so that a cost curve can be developed that shows how the annualized cost increases as the level of desired reduction increases.",
  "subject": "Air",
  "references": [
    "Control Strategy Tool (CoST) Glossary"
  ],
  "url": "https://mlchart.com/terminology/environment/least-cost-curve/"
}

Record 15,153 of 29,894 in Environment terminology (MLC-0121). Request the full dataset.