AWEA Utility Integrated Resource Plan Database
AWEA’s new Utility Integrated Resource Plan database provides key details on utility integrated resource plans (IRPs), focusing on planned procurements or self-build of wind and renewable energy. This database allows AWEA members to gain a better understanding of which utilities across the country are actively planning to add new renewable energy, and wind energy specifically, to their generation portfolios in the next 10 to 20 years.
Key Reported Items:
- Wind capacity additions
- Solar additions
- Renewable energy additions
- Coal retirements
- Capital cost assumptions for wind, solar, and natural gas
- Levelized Cost of Energy assumptions for wind, solar, and natural gas plants
- Wind capacity factor assumptions
The database includes planned coal retirements and assumptions used by the utility to develop the IRP, including capital costs of wind, solar, and natural gas; Levelized Cost of Energy (LCOE) for wind, solar, and natural gas plants; and wind capacity factors. This allows users to compare cost assumptions across utilities for different resources, and can serve as an aid in IRP proceedings.
An IRP is a long-term plan outlining a utility’s resource needs to meet future energy demand. Currently, 33 states require utilities to file IRPs with their state public utility commissions. IRP requirements vary by state, but generally address resource needs for a 20 year planning horizon and must be updated every two to three years.
New IRPs will be added to the database on a monthly basis.