UPPCO releases statement on Integrated Resource Plan update
Friday, the Michigan Public Service Commission (MPSC) issued an interim order addressing Upper Peninsula Power Company’s (UPPCO) Integrated Resource Plan or IRP.
An IRP is a comprehensive plan developed by an electric utility that outlines its future resource strategy – how the electric utility will provide reliable, cost effective electric service to its customers while addressing the risks and uncertainties inherent in the utility industry.
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“Our IRP was filed with the MPSC in February of 2019 and represents the company’s proposal for meeting the future energy needs of our customers,” said Brett French, Vice President of Business Development and Communications. “It reflects the feedback and input we received from our customers during 18 months of intensive engineering study and economic evaluation. Our plan calls for a significant increase in clean, renewable solar energy, expansion of our Energy Waste Reduction program, new natural gas-fired Reciprocating Internal Combustion Engine (RICE) generation and continued reliance on the company’s existing hydrogeneration assets.”
The MPSC’s interim order signifies a major milestone has been reached in UPPCO’s IRP case.
“The interim order contains a number of details and recommendations,” said French. “We look forward to reviewing the details of the MPSC’s interim order as we continue our efforts to adopt an IRP that delivers considerable benefits to the customers we serve for many years to come.”