Integrated Resource Planning (IRP)

Integrated Resource Planning (IRP) is a comprehensive process used by utility companies to determine the most efficient and reliable mix of energy sources for meeting future electricity demand. It involves analyzing current and projected needs, evaluating various options like renewable, fossil fuel, and energy efficiency measures, and balancing costs, environmental impact, and reliability. The goal is to develop a long-term plan that ensures affordable, sustainable, and reliable energy supply while considering future growth, technological advances, and policy changes. IRP helps utilities make informed decisions that benefit both consumers and the environment.