Sponsored by Advanced Charging Technologies(ACT)

  • Date Monday, April 8, 2019
  • Time 10:30 AM - 11:15 AM
  • Location Theater E
  • Type Seminar

Presented By

Dr. Nasser Kutkut - CTO
Advanced Charging Technologies (ACT)
nkutkut@act-chargers.com
732-874-0244 (w)

 

What You Will Learn

Energy efficiency initiatives are increasingly making their way into manufacturing and distribution facilities as part of corporate initiatives to reduce usage and cost as well as meet sustainability goals. Peak shaving and demand response are two strategies that can be employed to achieve these goals. Peak shaving is the process of reducing the amount of energy purchased from the utility company during peak hours when the charges are highest. This allows end users to reduce demand penalties and the corresponding demand charges during peak periods. In addition, peak shaving also helps the utility provide maximum base load power without starting expensive to operate peaking generators. Many utilities may offer incentives to customers implementing peak shaving programs thus reducing their energy costs. Demand response (DR) programs, on the other hand, seek to reduce peak demands during times when reliability may be threatened or wholesale market prices are high. As such, DR focuses on reducing demand temporarily in response to a price change or other type of incentive, particularly during the system’s peak periods. End users receive compensation, either through utility incentives or rate design, to reduce non-essential electricity use or to shift electric load to a different time, without necessarily reducing net usage. Since battery and charger fleets constitute a significant percentage of the electric load demand at manufacturing and distribution facilities, managing the charger and battery fleets’ energy use and demand through peak shaving and demand response will offer these facilities numerous opportunities to meet their energy saving and sustainability goals. This seminar will highlight the key aspects of peak shaving and demand response strategies and how they can be implemented in manufacturing and distribution facilities with charger and battery fleets.
 

Key Takeaways

• Understanding peak shaving and demand response programs for charger and battery fleets
• Understanding technologies required to implement peak shaving and demand response programs for charger and battery fleets

 

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