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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.
Least-cost planning methodology (LCPM), also referred to as least-cost planning (LCP) is a relatively new technique used by economists for making rational decisions about investments in transport and other urban infrastructure projects. It is based on cost–benefit analysis. However, it is more comprehensive in that it looks at not only the ...
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 a statement, the agency said Interior Secretary Doug Burgum, the former governor of North Dakota, signed six orders on his first day in office. The moves by Burgum signal a dramatic shift in ...
IPS/UPS—Integrated Power System/United Power System, consisting of Independent Power Systems of 12 countries bordering Russia and the Unified Power System of Russia; IRC—ISO / RTO Council (electricity) IROL—Interconnection Reliability Operating Limit (electricity) IRP—Integrated resource planning; IRR—Internal Rate of Return (finance)
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