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Does the IRP make any assumptions about a global human population reduction in future years? How would this affect current planning, short term planning, and long term planning?
The IRP utilizes a PJM-derived load forecast, which currently projects 20 years into the future. The 2026 IRP filing will model the period from 2027 through 2046, which represents a 20-year period. The IRP provides an updated load forecast with each filing, representing the best-available expectation of energy and capacity demands during the model period. Additionally, please see the “Population” PDF under economic forecast assumption on PJM's load forecast development process web page for details on population growth assumptions used in its forecast: [
https://www.pjm.com/planning/resource-adequacy-planning/load-forecast-dev-process].