Definitions for "Integrated Resource Planning"
A utility planning method whereby alternative resource mixes, including demand-side and supply-side options, are evaluated in order to determine which resource plan minimizes the overall cost of service, subject to reliability and various other constraints.
A process by which utilities and regulatory commissions assess the cost of, and choose among, various resource options.
A planning process for new energy resources that evaluates the full range of alternatives, including new generating capacity, power purchases, energy conservation and efficiency measures, co-generation and district heating and cooling applications and renewable energy resources in order to provide adequate and reliable service to customers at the lowest system cost.