Integrated resource plan: update assumptions, base case results and observations, October 2016

"The Integrated Resource Plan (IRP) 2010-30 was promulgated in March 2011. It was indicated at the time that the IRP should be a “living plan” which would continue to be revised by the Department of Energy (DoE). One of the criticisms of the IRP 2010-30 was that it was developed without an appropriate overarching energy plan which considers the interactions with other energy carriers. The planning activities in the DoE in the last few years have therefore focused on producing the Integrated Energy Plan (IEP). Building on the IEP, the IRP update will focus on the electricity-related elements of the IEP.

It describes the process followed in updating the key assumptions since the IRP2010 • It details the actual key assumptions, including technology costs, technical parameters, macroeconomic assumptions, policy constraints and targets • It highlights some of the key results and observations from the Base Case • It provides a draft list of scenarios that will be analysed • It also outlines the planned way forward towards finalising the IRP."