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Integrated Resource Plan (IRP)

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About the IRP

Every three years, Vectren is required to submit its Integrated Resource Plan to the Indiana Utility Regulatory Commission (IURC). The IRP describes the analysis used to determine the best mix of generation and demand side resources to meet customers' needs for reliable, low cost, environmentally acceptable power over the next 20 years. The IRP can be thought of as a compass setting the direction for future generation and demand side options. Future analysis, filings, and subsequent approvals from the IURC are needed to finalize the detailed course.

RFP

Vectren has issued a Request for Proposals seeking renewable and storage power supply to meet the needs of our customers. For asset purchases and power purchase agreements, the capacity is preferred to be fully accredited for the 2023/2024 MISO Planning Year. Vectren submitted an Integrated Resource Plan (2019/2020 IRP) to the Indiana Utility Regulatory Commission in June 2020 which identified a need for 700-1,000 MWs of solar (some solar paired with storage) and 300 MWs of wind as part of its preferred resource options to meet capacity and energy requirements. Only resources capable of firm deliverability to MISO Local Resource Zone 6 will be considered.

Proposal Submittal Due Date: 5:00 p.m. CDT, Wednesday, September 23, 2020.
The RFP documents, schedule, and other RFP information can be found at: http://Vectren2020RFP.rfpmanager.biz/
Vectren has retained 1898 & Co., a division of Burns & McDonnell Engineering Company, Inc., to act as its agent in managing the RFP process.
All RFP inquiries and communications are to be made via email at VectrenRFP@1898andco.com

Stakeholder engagement

Vectren hosts public stakeholder meetings to facilitate stakeholder participation. Vectren will host a total of four public advisory meetings for the 2019/2020 IRP and file an IRP on June 30, 2020.

Public Stakeholder Meeting #1 - August 15, 2019
Public Stakeholder Meeting #2 - October 10, 2019
Public Stakeholder Meeting #3 - December 13, 2019
Public Stakeholder Meeting #4 - June 15, 2020

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Objectives of the stakeholder engagement process

As part of the development of the Integrated Resource Plan, there are three objectives for the stakeholder engagement process:

Listen

Understand concerns and objectives.

Inform

Increase stakeholder understanding of the Integrated Resource Plan process, key assumptions and the challenges we face.

Consider

Provide a forum for relevant, timely stakeholder feedback at key points in the Integrated Resource Plan process to inform Vectren's decision making

Question about the IRP?

Have questions about our integrated resource plan? Email us at irp@centerpointenergy.com.

Additional information

2016 IRP information

Vectren held three public advisory meetings or workshops with interested parties (stakeholders) during the development and analysis of the 2016 Integrated Resource Plan. The advisory meetings have informed stakeholders about Vectren's resource planning process, assumptions, and modeling methods as well as provide input from stakeholders to Vectren regarding these topics. The first meeting was held on April 7, 2016, and the second meeting was held on July 22, 2016. Additionally, Vectren held an IRP webinar information session on its 2016 IRP DSM modeling assumptions on October 14, 2016. Finally, on November 29, 2016 Vectren held the final meeting to discuss the preferred resource plan.

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Meeting materials

First stakeholder meeting (April 7, 2016)

2nd stakeholder meeting (July 22, 2016)

Webinar on modeling assumptions (October 14, 2016)

3rd stakeholder meeting (November 29, 2016)

Stakeholder education session

Indianapolis Power & Light Company (IPL), Indiana Michigan Power (I&M), Vectren, Northern Indiana Public Service Company (NIPSCO) and Duke Energy jointly presented an educational session to discuss the foundation of the IRP process. This all-day meeting was hosted on Feb. 3, 2016 and topics covered at the meeting include load forecasting, resource options, scenarios and sensitivities, RTOs and resource modeling.

Note: The Indiana electric utilities provide these materials for educational purposes only. Any statements and/or opinions expressed through these materials are those of the presenter and not the company with whom they are affiliated or employed.

  •  Meeting agenda
  •  Complete presentation slide deck
  •  PDF   MP3  Welcome & Objective, Mark Maassel, Indiana Energy Association (IEA)
  •  PDF   MP3  IURC Director's Report Development Process, Dr. Bob Pauly, Indiana Utility Regulatory Commission (IURC)
  •  PDF   MP3  IRP Public Advisory Process, Barbara Smith, Office of Utility Consumer Counselor (OUCC)
  •  PDF   MP3  IRP Building Blocks & Development, Joan Soller, IPL
  •  PDF   MP3  Load Forecasting, Matt Rice, Vectren
  •  PDF   MP3  Resources, Scott Park, Duke Energy
  •  PDF   MP3  Scenarios & Sensitivities, Ted Leffler, IPL
  •  PDF   MP3  Regional Transmission Organizations (RTOs), Paul Kelly & Bill SeDoris, NIPSCO
  •  PDF   MP3  Resource Modeling, Ismael Martinez Jr., I&M
Need more information? Contact us