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Integrated resource planning (IRP, also least-cost utility planning, LCUP) is a form of least-cost planning used by the public utilities. The goal is to meet the expected long-term growth of demand with minimal cost, using a wide selection of means, from supply-side (increasing production and/or purchasing the supply) to demand-side (reducing the consumption). [1]
Energy planning is often conducted using integrated approaches that consider both the provision of energy supplies and the role of energy efficiency in reducing demands (Integrated Resource Planning). [3] Energy planning should always reflect the outcomes of population growth and economic development.
When the method is applied to public utility planning, a term integrated resource planning is typically used (a.k.a. "least-cost utility planning", LCUP). [1] Equal footing means that there is no discrimination against some alternatives based on political or ideological factors.
At the 2011 United Nations Climate Change Conference (COP17) in Durban, the Renewable Energy Independent Power Producer Programme (REIPPP) was introduced to implement the objectives of the Integrated Resource Plan (IRP 2010-2030); [6] of which are to diversify the country's energy mix away from fossil-fired power generation like coal and crude oil, add 30 GW to the grid before 2030, [5] take ...
Vertically integrated utility [ edit ] In the case of a vertically integrated electric utility RA was part of the integrated resource planning , done by the utility itself, additional expenses were negotiated with regulators that were representing the captive customers . [ 1 ]
In December 2023, Cabinet approved the draft Integrated Resource Plan 2023. IRP 2023 takes into account two time horizons, 2030 and 2050. The plan includes significantly altered metrics that forecast a change in the electricity demand projection for the period 2030-2050; some of which are the cost of implementing new power generation technologies, shutting down of coal plants after 2035 and ...
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Integrated resource planning, a method for long-term utility planning Integrated Rail Plan for the North and Midlands , UK government plan for its railways Integrated Resource Plan , used in South Africa and by United States energy utilities