Load peak shifting/peak shifting
Load shifting is mainly used in industrial processes. The aim is to shift electricity consumption at peak load times – i.e. with high demand and high procurement costs – to phases with lower demand and lower costs. This does not reduce consumption, but merely shifts it over time. Load shifting often aligns the load profiles of electricity consumers with the production of volatile renewable energy plants (wind power, photovoltaics) because their low electricity production costs depress prices on the electricity exchange.
How peak load shifting works
With peak load shifting, increased electricity consumption is shifted to phases with lower electricity costs or lower network utilization in order to save energy costs in this way. Here, too, other energy generation plants or energy storage systems can be connected.