Strategic And Tactical Energy Planning

Most governments recognize that energy efficiency represents a partial solution to reducing global capital shortages and environmental crises that threaten to seriously impede economic growth. Much of the United States and many foreign countries are embracing the concept of Strategic and Tactical Energy Planning (STEP) which incorporates Supply Side Management (SSM) and Demand Side Management (DSM). Since SSM comes at twice to three times the cost of DSM, it makes economic sense to employ the energy conservation techniques of DSM. This paper will explain these concepts, the effects of the energy industry restructuring, and risk management for the development of an overall strategic and tactical energy plan.