Category: 📘 Glossary & Acronyms
Peak Shaving
The practice of reducing electricity consumption during periods of high electricity demand to lower electricity costs or reduce stress on the electricity system.
Peak shaving occurs when electricity consumers reduce or shift electricity usage during periods when electricity demand is highest.
This helps:
Peak shaving may be achieved through operational changes, demand response programs, or energy storage systems.
Large electricity consumers in Ontario may use peak shaving strategies to reduce their Global Adjustment costs by lowering demand during provincial peak hours.
A manufacturing facility may temporarily shut down non-essential equipment during a predicted peak demand period to reduce electricity consumption.
Last Updated: YYYY-MM-DD