Key Benefits of Peak Shaving
- Cost Savings:
- Lower Demand Charges: Utility companies often impose demand charges based on the highest power usage during a billing period, typically measured over short intervals like 15 minutes. Peak shaving reduces these costs by minimizing peak demand.
- Off-Peak Energy Storage: Storing energy during off-peak hours when rates are lower allows businesses to use it during peak times, avoiding higher electricity prices.
- Energy Independence and Reliability:
- Implementing peak shaving strategies, such as on-site power generation or battery storage, reduces reliance on the grid, ensuring stable operations during peak demand periods or grid instability.
- Environmental Benefits:
- By reducing energy consumption during peak times, businesses can lower their carbon footprint, especially if paired with renewable energy sources or efficient generators.
- Operational Flexibility:
- Peak shaving allows businesses to better manage their energy use, enabling strategic scheduling of tasks outside peak hours. This improves operational efficiency and resource allocation.
- Reduced Strain on the Grid:
- By minimizing peak demand, businesses contribute to grid stability, which benefits both the grid operators and other consumers by potentially lowering future distribution charges.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/what-are-the-main-benefits-of-peak-shaving-for-commercial-consumers/
