DocumentCode :
2198641
Title :
Integrated resource planning in developing countries - a novel practical approach
Author :
Dortolina, Carlos A. ; Bacalao, Nelson ; Nadira, Ramón ; De Arizón, Paloma
Author_Institution :
Stone & Webster Manage. Consultants, Houston, TX, USA
fYear :
2004
fDate :
10-10 June 2004
Firstpage :
1243
Abstract :
Integrated resource planning ("IRP") is an effective approach to energy utility planning for future energy requirements. The goal of IRP is the identification of resources and/or the mix of resources for meeting near and long term consumer energy needs in an efficient and reliable manner at the lowest reasonable cost. These plans take into account the cost, effectiveness, and benefits of all appropriate, available, and feasible power generation and customer options. This work presents an IRP developed for an African country, detailing a projection of supply- and demand-side capacity requirements to meet national objectives during the 2004-2020 periods. It also presents the risk assessment methodology employed; describing its implementation in terms of a computer model developed specifically for this particular case, and discusses the main results from the application of this model. Finally, we recommend several hedging strategies designed to mitigate the risk exposure.
Keywords :
demand side management; electricity supply industry; power generation economics; power generation planning; risk management; African country; IRP; customer option; demand-side capacity requirement; energy requirement; energy utility planning; integrated resource planning; power generation; resources identification; risk assessment; risk exposure mitigation; supply-side capacity requirement; Capacity planning; Costs; Economic forecasting; Energy management; Environmental economics; Power generation economics; Power system management; Process planning; Project management; Technology management;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Power Engineering Society General Meeting, 2004. IEEE
Conference_Location :
Denver, CO
Print_ISBN :
0-7803-8465-2
Type :
conf
DOI :
10.1109/PES.2004.1373054
Filename :
1373054
Link To Document :
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