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Optimal Mix of Power Supply Resource to Minimize Power Procurement Cost in the Long Run

<p><span style="font-size:10.0pt">Power Sector lacks resource planning for long term and is not appreciated in its value chain also. Discoms must plan with risk management capabilities and will also have to address RE&rsquo;s impacts on the operation of the grid, and ensure adequate amounts of flexible resources to balance the variability of RE.</span></p> <p><span style="font-size:10pt">Discoms must strive to have the right mix of resources to ensure demand is met in the least-cost manner.</span> Resource planning would still aim to meet the estimated peak demand and total energy requirements of all customers. Discoms will also have to address RE&rsquo;s impacts on the operation of the grid, and ensure adequate amounts of flexible resources to balance the variability of RE.</p>