Sunday, September 1, 2013

Application 8: Demand Charge Management

Demand charge management can be tied very closely with TOU energy cost management. By discharging an energy storage device during peak periods an end-user would also realize a financial benefit by decreasing the maximum power drawn during the billing cycle. Decreasing the maximum power would in turn decrease the demand charge applied by the utility to the end-user (Denholm P. , Ela, Kirby, & Milligan, 2010).
In TOU and demand charge management applications, the utility benefits with a more even load profile while end-users realize reduced electricity costs. It is important to note that some facilities employ thermal energy storage to reduce overall and peak electricity consumption by HVAC equipment (Ice Energy, 2012).

Works Cited

Denholm, P., Ela, E., Kirby, B., & Milligan, M. (2010). The Role of Energy Storage with Renewable Electricity Generation. Las Vegas: National Renewable Energy Laboratory.


Ice Energy. (2012). Product Sheet; Ice Bear Energy Storage. Windsor, CO: Ice Energy.

No comments:

Post a Comment