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What is the IRP modeling?
There are many inputs and constraints that must be included in the Integrated Resource Plan (IRP) models in order to meet and comply with numerous legislative, regulatory, and operational requirements. IRP modeling informs how to meet customer needs on an hourly basis many years into the future. This year’s IRP will use a mix of different inputs. For example, the 2024 PJM Load Forecast, a third-party commodity and market forecast, new technology assumptions and existing generating unit assumptions will be included.
In addition, the IRP stakeholder process is new this year, and Dominion Energy is carefully considering feedback and input received in the creation of its IRP modeling.
Additional information can be found in the Phase Three Topic Specific Workshop 1 - Modeling found here: Dominion Energy IRP Stakeholder Meetings & Materials