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Integrated Resource Planning: A Dialogue with ELCON

N. Treadway, G. Torrent

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Abstract

The oil price shocks of the 1970s were a precursor to \nsome fundamental changes in the way the supply and \ndemand for energy is viewed. One response to the events of \nthat period is the application of integrated resource planning \n(IRP). IRP is, principally, a regulatory prerogative designed \nto promote a balance between supply and demand resources \nin electricity markets. In this paper we provide a definition \nof that concept and discuss two of its main features: \nDemand-side Management programs and environmental \nexternalities. We also examine a number of positions taken \nby ELCON with respect to IRP and provide our responses.

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What this paper is about

The oil price shocks of the 1970s were a precursor to \nsome fundamental changes in the way the supply and \ndemand for energy is viewed. One response to the events of \nthat period is the application of integrated resource planning \n(IRP). IRP is, principally, a regulatory prerogative designed \nto promote a balance between supply and demand resources \nin electricity markets. In this paper we provide a definition \nof that concept and discuss two of its main features: \nDemand-side Management programs and environmental \nexternalities. We also examine a number of positions taken \nby ELCON with respect to IRP and provide our responses.

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Available abstract

The oil price shocks of the 1970s were a precursor to \nsome fundamental changes in the way the supply and \ndemand for energy is viewed. One response to the events of \nthat period is the application of integrated resource planning \n(IRP). IRP is, principally, a regulatory prerogative designed \nto promote a balance between supply and demand resources \nin electricity markets. In this paper we provide a definition \nof that concept and discuss two of its main features: \nDemand-side Management programs and environmental \nexternalities. We also examine a number of positions taken \nby ELCON with respect to IRP and provide our responses.

Key concepts: Resource (disambiguation), Environmental planning, Computer science, Business, Process management, Environmental resource management, Geography, Environmental science

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