Integrated Resource Planning (IRP) Fundamentals

Integrated Resource Planning (IRP) Fundamentals

May 17-18, 2021 | Online :: Central Time

Integrated resource (IRP) planning is essential to a utility’s long-term physical and financial existence.  The IRP modeling and analyses must adhere to rigorous standards, but be flexible enough to capture emerging and yet-to-be-defined grid modifications. 

This program is designed by integrated resource planners for integrated resource planners and will: 

  • Teach the foundation for creating a “no regrets” integrated resource plan (IRP)
  • Guide proper modeling assumptions for state of the art analytics and technologies (renewable energy, storage, etc)
  • Identify the best practices of IRP practitioners and utility analystsaround the country

Attending this course will provide the blueprint and tools to develop a successful IRP that stands up to internal, stakeholder and regulatory scrutiny. 

Learning Outcomes

Attendees will cover content and engage in discussions and exercises that will allow them to:

  • Review the key elements that utilities must address when developing long-term planning documents
  • Examine the regulatory and legal requirements that should be embedded in all IRPs
  • Identify the range of resource procurement options
  • Evaluate the multiple IRP modeling tools, exercises, and their applications
  • Analyze the most efficient and effective ways of identifying:
    • New resource alternatives
    • Renewable resources
    • Existing resource retirements
    • De-carbonization considerations
    • Storage considerations
  • Discuss the 5 critical analyses that IRPs must undertake to evaluate the available resource options
  • Conduct the 7 risk scans that could derail the plan’s integrity
  • Apply portfolio optimization analysis


Monday, May 17, 2021 : Central Time

8:45 – 9:00 a.m.
Log In

9:00 – 9:15 a.m.
Welcome, Overview and Introductions

9:00 a.m. – 5:00 p.m.
Course Timing

Formation & Premises of IRP

Regulatory & Legal Requirements

Utility Guiding Principles

  • Reliability
  • Sustainability
  • Planning horizon
  • Customer rates
  • Shareholder return or governing board direction
  • Least cost
  • Least risk

North American Survey of IRP-Mandated Utilities

  • States
  • Utilities
    • IOUs
    • Munis
    • Coops, G&Ts

Foundation Technical Elements

  • Determination of Needs
    • Electricity demand forecast
    • Generator condition assessment
    • Transmission reliability assessment
    • Fuel forecast
    • Capacity reserve margin/resource adequacy requirements
  • Modeling tools and exercises
    • Capacity expansion
    • Production cost
    • AC power flow
  • Identifying resource options
    • Demand side
    • New conventional alternatives
    • New renewable alternatives
    • Storage alternatives
    • Existing resource retirements
    • Transmission import increase

12:30 – 1:15 p.m. :: Lunch Break

Foundation Technical Elements (cont’d)

  • Evaluating resource options
    • Technology optimization (e.g. LCOE comparison)
    • Scenario analysis
    • Portfolio optimization
    • Decarbonization/policy considerations
    • Sensitivity analysis
    • Risk analysis (e.g. stochastic vs deterministic)
  • Examining constraints
    • Weather risks
    • Physical risks
    • Financial risks
    • Uncertainty risks
    • Portfolio risks
    • Fuel risks
    • Environmental policies, regulations, and mandates
  • Applying portfolio optimization analysis
  • Developing preferred portfolio(s)
  • Preparing plan(s)
    • Base case(s)
    • Alternative(s)
  • Refining IRP based on input, feedback, and condition changes
  • Certification process

5:00 p.m. :: Course Adjourns for Day

Tuesday, May 18, 2021 : Central Time

8:45 – 9:00 a.m.
Log In

9:00 a.m. – 12:15 p.m.
Course Timing

(Includes breaks)       

Related, But Distinct, Planning Exercises

  • Distribution system
  • Transmission system
  • Distributed energy resources
  • Weaving them into the IRP

Identifying Resource Procurement Options

  • Self-provided
  • New build
  • Contracted from external sources
  • Customer-sourced
  • Implementing a procurement process (e.g. RFP or other)

Charting, Managing and Benefiting from Stakeholder Review

  • Plan formulation and preparation
  • Internal vetting
  • External scheduling and presentation

Planning Commission Engagement

  • Staff
  • Public hearings
  • Finalization


12:15 p.m. :: Course Adjournment


Production Cost Modeling

Tuesday, May 18, 2021 : Central Time


Deriving the most accurate assessment of the costs associated with generating power is essential to ensuring the soundness of IRP assumptions.  This workshop will demonstrate the key calculations and techniques that will deliver those outcomes.  Case studies will illustrate the inputs, outputs and ranges that characterize correct production cost modeling.

Learning Outcomes

Attendees will cover content and engage in discussions and exercises that will allow them to:

  • Review input elements that start the production cost modeling analysis
  • Define the constraint elements that frame the production cost modeling analysis
  • Identify the economic dispatch simulations that inform the production cost modeling analysis
  • Evaluate the quality of the outputs rendered by the production cost modeling analysis
  • Illustrate through case studies examples of accurate and inaccurate production cost modeling outcomes for coal, gas, solar and wind resources



12:45 – 1:00 p.m.
Log In

1:00 – 1:15 p.m.
Welcome, Overview and Introductions

1:00 – 5:00 p.m.
Workshop Timing

1:15 1:45 p.m. :: Software Considerations

    • Solution algorithms
    • Vendors

1:45 3:00 p.m. :: Inputs

  • Elements
    • Hourly load forecasts
    • Weather profiles
    • Set of generating resources
    • Fuel flows and price
  • Combinations
  • Probabilities


  • Transmission
  • Reliability requirements
  • Operating reserves

3:00 – 3:15 p.m. :: Break

3:15 5:00 p.m. :: Outputs

  • Electric production cost
  • Hourly generation dispatch
  • Reliability metrics

Case Studies

  • Dispatchable vs Non-dispatchable resource
  • Locational marginal pricing (LMPs)
  • Congestion/basis determination

5:00 pm :: Workshop Adjournment


Matthew Lind, Director – Resource Planning and Market Assessments, 1898 & Co

Matthew Lind is the director of resource planning and market assessments at 1898 & Co., part of Burns & McDonnell.  He has worked as a professional consultant in the utility and energy sector since 2004.  Mr. Lind specializes in system planning and market congestion studies driven by strategic, economic and regulatory considerations for generation or transmission development in markets across North America. He has a Bachelor of Science in industrial engineering from Iowa State University and a Master of Business Administration from the University of Missouri-Kansas City.

Debashis Bose, Project Manager – Resource Planning and Market Assessments, 1898 & Co

Debashis Bose is a Project Manager in Resource Planning and Market Assessments at 1898 & Co., which is part of Burns & McDonnell.  He brings 16+ years of experience in the areas of managing consulting services, transaction advisory services, energy market assessments, integrated resource planning and independent assessment of solar technologies (bankability studies).  Within that time-frame, Mr. Bose has devoted more than a decade managing and supervising teams, developing new business, working with cross-functional teams, managing project schedule, budget and staffing needs along with experience in preparation of responses to complete RFPs for consulting assignments.  Before joining the company in 2020, he fulfilled similar roles at three other engineering firm for nearly 21 years.

Kyle Combes, Project Manager – Business Optimization and Strategic Asset Planning, 1898 & Co

Kyle Combes is a Project Manager in the Business Optimization and Strategic Asset Planning division of 1898 & Co., which is part of Burns & McDonnell.  He specializes in economic and engineering analyses for electricity generation and transmission assets.  He has performed in similar roles at Burns & McD since 2012.  Prior to that, he spent two years as a rotation engineer at Honeywell and one and a half years at Westar Energy supporting the generation construction group that was managing multiple $100MM generation projects, 

Online Delivery

We will be using Microsoft Teams to facilitate your participation in the upcoming event. You do not need to have an existing Teams account in order to participate in the broadcast – the course will play in your browser and you will have the option of using a microphone to speak with the room and ask questions, or type any questions in via the chat window and our on-site representative will relay your question to the instructor.

  • IMPORTANT NOTE: After November 30 you will not be able to join a Teams meeting using Internet Explorer 11. Microsoft recommends downloading and installing the Teams app if possible. You may also use the Edge browser or Chrome.
  • You will receive a meeting invitation will include a link to join the meeting.
  • Separate meeting invitations will be sent for the morning and afternoon sessions of the course.
    • You will need to join the appropriate meeting at the appropriate time.
  • If you are using a microphone, please ensure that it is muted until such time as you need to ask a question.
  • The remote meeting connection will be open approximately 30 minutes before the start of the course. We encourage you to connect as early as possible in case you experience any unforeseen problems.


Please Note: This event is being conducted entirely online. All attendees will connect and attend from their computer, one connection per purchase. For details please see our FAQ

If you are unable to attend at the scheduled date and time, we make recordings available to all registrants for three business days after the event

Event Standard RateAttendees




EUCI has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET).  In obtaining this accreditation, EUCI has demonstrated that it  complies with the ANSI/IACET Standard which is recognized internationally as a standard of good practice. As a result of their Authorized Provider status, EUCI is authorized to offer IACET CEUs for its programs that qualify under the ANSI/IACET Standard.

EUCI is authorized by IACET to offer 0.9 CEUs for this course and 0.4 CEUs for the workshop.

Requirements for Successful Completion of Program

Participants must log in each day and be in attendance for the entirety of the event to be eligible for continuing education credit.

Instructional Methods

Case studies, PowerPoint presentations, and panel discussions will be used in this program.