Reducing peak demand
Peak energy demand refers to the use of electricity, caused by extreme weather events such as heat waves and cold snaps. For example, on a hot summers day, the Victorian electricity grid carries an additional load of up to 20% due to the additional use of air conditioners. Extreme conditions occur on a relatively few number of days per year however this peak demand is enough to increase demand for the construction of new power stations.
The impact on consumers is additional costs for the entire year as Victoria’s