Integrated resource planning (IRP) of power generation and delivery characterized by higher penetration of distributed energy resources (DERs) has taken the 21st century world by storm. It promises power markets that are more resilient to resource and capital cost uncertainties as well as...

The need to mitigate the adverse environmental impacts of fossil fuel usage, the volatility of fuel prices and enhancement of national energy security, have largely driven a phenomenal growth, around the world, in renewable energy (RE) generation (particularly grid-connected), over the past two...