Analytical Frameworks to Incorporate Demand Response in Long-term Resource Planning
Many utilities are obligated by state regulatory or legislative requirements to consider demand response (DR) as part of their resource planning process. There are several ways to incorporate DR into resource planning modeling and each has its advantages and disadva ntages. We explore the current analytical frameworks for incorpora ting DR into long-term resource planning. We also consider whether current approaches accura tely and realistically model DR resources in capacity expansion and production cost models and whether barriers exist to incorporating DR into resource planning models in a more robust fashion. We identify ten specific recommendations for enhancing and expanding the current approaches
Year of Publication
This report is a pre-print of an article that has been submitted to Utility Policy Journal. To see the published article, click here.