Load factor is a measure of the efficiency of electrical power usage, indicating the ratio of average load to peak load over a specific period. A higher load factor signifies a more stable and efficient use of energy resources, reducing the need for additional capacity and lowering costs.

Load Factor

Load factor

electrical power usage

average load

Peak load refers to the maximum electrical power demand within a specified period, typically occurring during times of high consumption, such as hot summer days or cold winter evenings. Managing peak load is crucial for ensuring grid reliability and efficiency, as it requires balancing supply and demand to prevent outages and reduce the need for costly infrastructure expansion.

peak load

efficiency of electrical power usage

stable and efficient use of energy resources

need for additional capacity

lowering costs

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