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The power supply and demand have been studied, modelled, analysed, and foresighted as one of the most important energy carriers. The Business as usual (BAU) scenario was compared based on continuing the status quo with seven other proposed possible scenarios up to the horizon 2050. Possible solutions such as demand management, increased productivity, upgrading power plant technology, and development of energy resources attempt to reduce electricity demand, as well as improving and promoting the share of renewable energies in power generation and reducing emissions. The cost–benefit technique has also been used to analyse the economic and environmental benefits. As a results, a Khuzestan electricity policy scenario that has a well-coordinated and cost-effective solution for both supply and demand. It is preferred scenario for flexibility and stability of grid with a $3,549 million profit with 35% renewable energy share.