2022
DOI: 10.3390/en15062278
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A Review on Peak Load Shaving in Microgrid—Potential Benefits, Challenges, and Future Trend

Abstract: This study aims to review the potential benefits of peak load shaving in a microgrid system. The relevance of peak shaving for a microgrid system is presented in this research review at the outset to justify the peak load shaving efficacy. The prospective benefits of peak shaving in microgrid systems, including technological, economic, and environmental advantages, are thoroughly examined. This review study also presents a cost–benefit numerical analysis to illustrate the economic viability of peak load shavin… Show more

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Cited by 30 publications
(18 citation statements)
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“…Energy peak demands are a major hindrance to achieving costeffective energy production (Rana et al, 2022). The surge of smart meters and smart grids offer an unprecedented potential for controlling/nudging energy consumption to effectively flatten the collective demand; otherwise referred to as peak shaving.…”
Section: Digital Twin For Residential Energy Demand Controlmentioning
confidence: 99%
“…Energy peak demands are a major hindrance to achieving costeffective energy production (Rana et al, 2022). The surge of smart meters and smart grids offer an unprecedented potential for controlling/nudging energy consumption to effectively flatten the collective demand; otherwise referred to as peak shaving.…”
Section: Digital Twin For Residential Energy Demand Controlmentioning
confidence: 99%
“…Furthermore, global risks have led to price increases and even restrictions on the use of gas, which means that it cannot be used or is too expensive to be used in thermal power stations [5]. The global trend, driven by various governments [6,7,8], is towards a reduction in peak electricity demand due to technical, economic, and environmental benefits [9]. In this context, demand side flexibility (DSF) plays a crucial role in balancing consumption and generation in order to achieve grid quality in accordance with the most stringent standards.…”
Section: Introductionmentioning
confidence: 99%
“…The special-purpose loads have unique consumption patterns and operation trends. Often, a heavy load is consumed for a very small period which significantly reduces the load factor [1,2]. On the other hand, to cater to the peak demand, system sizing increases significantly which increases the overall project cost [2].…”
Section: Introductionmentioning
confidence: 99%
“…Often, a heavy load is consumed for a very small period which significantly reduces the load factor [1,2]. On the other hand, to cater to the peak demand, system sizing increases significantly which increases the overall project cost [2]. To reduce the peak demand, scheduling can increase the load factor and reduce the overall system sizing that eventually reducing the project cost [1,2].…”
Section: Introductionmentioning
confidence: 99%