Strategic Planning for Electric Utilities: Problems and Analytic Methods

H. M. Merrill and F. C. Schweppe
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H. M. Merrill: Power Technologies, Inc., P.O. Box 1058, Schenectady, New York 12301
F. C. Schweppe: Electric Power Systems Engineering Laboratory, Massachusetts Institute of Technology, Cambridge, Massachusetts 02139

Interfaces, 1984, vol. 14, issue 1, 72-83

Abstract: Various peculiarities and problems are associated with strategic planning for electric utilities. “Optimal” generation expansion and strategic planning packages are used, as are corporate model programs. However, strategic planning is better considered a process of multiobjective decision making under uncertainty, and we present here a practical method for solving such problems.

Keywords: planning: corporate; industries: electric/electronic (search for similar items in EconPapers)
Date: 1984
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