Definitions for peak demand
peak de·mand

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1. Peak demand

   Peak demand on an electrical grid is simply the highest electrical power demand that has occurred over a specified time period (Gönen 2008). Peak demand is typically characterized as annual, daily or seasonal and has the unit of power. Peak demand, peak load or on-peak are terms used in energy demand management describing a period in which electrical power is expected to be provided for a sustained period at a significantly higher than average supply level. Peak demand fluctuations may occur on daily, monthly, seasonal and yearly cycles. For an electric utility company, the actual point of peak demand is a single half-hour or hourly period which represents the highest point of customer consumption of electricity. At this time there is a combination of office, domestic demand and at some times of the year, the fall of darkness.Some utilities will charge customers based on their individual peak demand. The highest demand during each month or even a single 15 to 30 minute period of highest use in the previous year may be used to calculate charges. The renewable energy transition will include considerations for peak demand.Economic growth of the state is inversely associated with peak load.

How to pronounce peak demand?

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How to say peak demand in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of peak demand in Chaldean Numerology is: 3

2. Pythagorean Numerology

   The numerical value of peak demand in Pythagorean Numerology is: 2

Examples of peak demand in a Sentence

1. The ISO:

   Separate from the potential Aliso Canyon impacts, the state-wide outlook is positive for the summer. Continued moderate peak demand growth, combined with new power plants coming online and improved hydroelectric generation conditions will support possible extreme operating conditions.

2. George Ratiu:

   Rising prices during summer months reflected a combination of peak demand and larger homes for sale, as families with school-age children competed to secure a place for the new school year, in a noticeable shift, July saw real estate markets welcome a larger influx of new listings, as homeowners across the country decided to move on with pandemic-delayed plans to sell.

3. Carsten Fritsch:

   If they continue to run at these levels then we will see massive builds in distillates and gasoline stocks when the peak demand season is over for gasoline.

4. Scott Pusillo:

   Just like airlines, where peak demand days and flight times are priced differently, individual hotel room prices are set on a daily basis.

5. Genex Power:

   It enables us to store renewable energy when it's in surplus and dispatch it at times of peak demand.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Peak_Demand