Peak shaving is relatively a simple and old concept. In the energy industry, it refers to the leveling out of peaks in electricity use by large-scale commercial power consumers. Companies try to reduce the spike in power consumption over a short period during peak hours so that the demand charges go down. There are ways to reduce these demand charges.
With the acceleration of green technologies, the conventional methods are being replaced with energy storage in particular batteries being the primary candidate. The best new method for peak shaving is solar with a battery energy storage system. Installing solar panels is the best way to reduce the reliance on the grid.
With the right setup, one can intelligently regulate energy spending to ensure you save the most money possible. Sophisticated control software with learning algorithms can differentiate between battery energy storage systems and normal batteries. For example, the so-called Peak load monitors track and regulate the peak load every hour. If the monitor predicts that the accumulated peak load will exceed a certain threshold in the next quarter-hour interval, certain power consumption processes are reduced. This allows a company to determine and influence its maximum power consumption
For distribution network operators, peak shaving is a good way to keep the costs of network expansion low. With the advancement of technology, peaks having could be employed for grid systems and could improve energy efficiency.
