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This includes such characteristics as average load factor, diversity factor, utilization factor, and demand factor, which can all be calculated based on a given load profile. On the power market so-called EFA blocks are used to specify the traded forward contract on the delivery of a certain amount of electrical energy at a certain time.
The diversity factor provides a correction factor to use, resulting in a lower total power load for the ten AC units. If the energy balance done for this facility comes out within reason, but the demand balance shows far too much power for the peak load, then one can use the diversity factor to bring the power into line with the facility's true ...
In electrical engineering the load factor is defined as the average load divided by the peak load in a specified time period. [1] It is a measure of the utilization rate, or efficiency of electrical energy usage; a high load factor indicates that load is using the electric system more efficiently, whereas consumers or generators that underutilize the electric distribution will have a low load ...
Maximum Demand Indicator (MDI) is an instrument for measuring the maximum amount [clarification needed] of electrical energy required by a specific consumer during a given period of time. [1] MDI instruments record the base load requirement of electrical energy .
The demand factor is always less than or equal to one. As the amount of demand is a time dependent quantity so is the demand factor. ... drew a maximum of 3,000 W in ...
The unit commitment problem (UC) in electrical power production is a large family of mathematical optimization problems where the production of a set of electrical generators is coordinated in order to achieve some common target, usually either matching the energy demand at minimum cost or maximizing revenue from electricity production.
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Commercial and industrial consumers normally have more complex pricing schemes. These require meters that measure the energy usage in time intervals (such as a half-hour) to impose charges based on both the amount of energy consumed and the maximum rate of consumption, i.e. the maximum demand. This is usually called peak demand charge.