February 24, 2021
Utility planning has become increasingly complex. The power system has always been inherently interactive, but new technologies, an increasingly dynamic distribution system, and resource variability have made it more so. We have begun to think more holistically about generation, transmission, and distribution. For example, non-wires alternatives such as distributed storage may replace the need for distribution upgrades, and transmission connecting diverse regions may remove the need to build additional capacity. Another essential tool in this toolbox for planners to meet grid needs is electricity pricing. [caption id="attachment_7106" align="alignright" width="257"] Debbie Lew[/caption] In the resource planning process, utilities need to forecast the load that they will serve. Traditionally, they consider historical load…
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