Abstract :
This paper discusses the integrated perspective on power market development. Integrated resource planning is the careful consideration of a full range of supply- and demand-side options for meeting society\´s demands for electric energy services. The IRP process involved multiple stakeholder groups and complex regulatory review processes, giving consideration to tradeoffs among social objectives, including risk, pollution, land use impacts, and costs. "Risk" referred to concerns of reliability, security of supply, and public health
Keywords :
power markets; power system planning; power system reliability; power system security; risk analysis; demand-side option; electric energy service; integrated resource planning; land use impact; pollution; power market development; public health; reliability; risk analysis; supply security; supply-side option; Costs; Heart; Investments; Land pollution; Meeting planning; Power engineering and energy; Power markets; Power system reliability; Switches; Systems engineering and theory;
