Tags: Panama City Peak

4 FAQs about Panama city peak shaving

What is peak shaving?

Peak shaving involves briefly reducing power consumption to prevent spikes. This is achieved by either scaling down production or sourcing additional electricity from local power sources, such as a rooftop photovoltaic (PV) system, batteries or even bidirectional electric vehicles.

Can peak shaving save money on energy?

One lesser-known way to save money on energy is through the use of peak shaving. What is peak shaving? Peak shaving refers to the idea of trying to reduce energy costs during the times of day when you use the most energy. That's a general definition. We'll get more specific in a moment.

How much would a peak shaving Algorithm cost?

Assuming a price of €80/kW, this would result in maximum demand charge of €72,000. A peak shaving algorithm, however, could reduce the power delivered to each charge point to 100 kW (still plenty of power to ensure they receive their desired charge). Thereby, it could reduce the demand charge by one-third to 600 kW, or €48,000.

Is peak shaving right for You?

This is actually the most profound method of peak shaving — especially if your peak energy usage isn't during the hours of 10am – 3pm. If you combine battery storage with the first two strategies, your new and permanently lower electricity bills will put a big grin on your face.

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