Skip to Main Content
Generation planning usually involves finding a generation expansion and operating policy that minimizes present worth cost while meeting projected demands and other imposed constraints. However, the planning process is becoming increasingly complex with a number of objectives becoming increasingly desirable. In addition to minimum revenue requirements, other possible objectives include minization of new power plant construction, maximization of reliability, minimization of public health hazard (e.g. via emitted pollutants), and minimization of environmental hazards (e.g. via heat rejected to bodies of water).