At KYMEA, resource planning is a continuous process. KYMEA develops its Integrated Resource Plan (IRP) to guide the Agency’s near- and long-term direction, strategy, and subsequent actions. The IRP assists the Agency in ensuring it has put together a portfolio to provide an ample supply of reliable and environmentally sensible power supply at stable and competitive rates in a fiduciarily responsible manner to its members.
KYMEA values input in the future of our energy portfolio.
Community IRP Focus Groups to identify issues important to the public.
Community IRP Focus Groups comment period.
Additional Analysis, to be completed in response to feedback.
What is an Integrated Resource Plan (IRP)?
KYMEA's IRP is a comprehensive decision roadmap for meeting the Agency's objective of providing reliable and low-cost power to our member communities while addressing the substantial risks and uncertainties inherent in the electric utility business. The IRP examines foreseeable future resources with regard to power plants, transmission investment, purchase power agreements, and end users. The IRP outlines the necessary actions to enable the Agency to continue providing our member communities with electricity and addresses contributing factors that impact power supply and transmission, ranging from government regulations and expectations at both federal and state levels.
KYMEA will develop a model input and framework, to identify scenarios, resource options and business strategies to evaluate how a future portfolio might change under various conditions. Throughout the process, KYMEA’s vision, mission, and values will play a tremendous role as decisions are made that support and ensure KYMEA’s and its members’ future success.
The IRP will focus on building a diversified short-term and long-term portfolio by
- Projecting member community future needs
- Identifying potential supply-side, demand side, and distributed energy resource alternatives.
- Selecting a preferred plan; balancing reliable and low-cost power with the potential risks and uncertainties.
- Developing a future roadmap and action plan