ABSTRACT

Power system planning is the recurring process of studying and determining what facilities and procedures should be provided to satisfy and promote appropriate future demands for electricity. The electric power system as planned should meet or balance societal goals. These include availability of electricity to all potential users at the lowest possible cost, minimum environmental damage, high levels of safety and reliability, etc. Plans should be technically and financially feasible. Plans also should achieve the objectives of the entity doing the planning, including minimizing risk.