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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]
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 ...
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.
The article Puget Sound Energy Unveils 2013 Draft Integrated Resource Plan originally appeared on Fool.com. Try any of our Foolish newsletter services free for 30 days .
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
Enterprise resource planning (ERP) is the integrated management of main business processes, often in real time and mediated by software and technology. ERP is usually referred to as a category of business management software —typically a suite of integrated applications —that an organization can use to collect, store, manage and interpret ...
Computer resources include both stand-alone and embedded systems. This element is usually planned, developed, implemented, and monitored by a Computer Resources Working Group (CRWG) or Computer Resources Integrated Product Team (CR-IPT) that documents the approach and tracks progress via a Computer Resources Life-Cycle Management Plan (CRLCMP ...
The history of integrated business planning can be traced back to sales and operations planning (S&OP), a process that balances demand and manufacturing resources. According to Gartner, there is a 5-stage maturity model for S&OP, and in this model, integrated business planning is denoted as Phased 4 & 5. [1]