Definitions
from The Century Dictionary.
- noun That portion of the load of a power station which coincides with the time of greatest demand. The term is due to the fact that the variation of the load with time is shown graphically by means of a curve, the load-curve, the maximum peak of which indicates the time and amount of the greatest load or peak-load. See
load , 8, andpeak , n., 4.
Etymologies
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Examples
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Eli Noam argues for a peak-load pricing scheme for spectrum usage.
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I believe that economists tend to over-rate the value of peak-load pricing systems, because they fail to take into account mental transactions costs.
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Lynne Kiesling and Vernon Smith explain peak-load pricing to the new governor of California. current policy unfairly forces consumers to pay rates based on the average hourly cost of energy and industry capital investment.
Peak-load Pricing, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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What Smith and Kiesling are saying is that these sorts of adaptations might prove to be less expensive than adding to capacity under a regime without any incentives to reduce peak-load demand.
Electricity Economics, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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Lawrence Lessig argues that the Internet has avoided over-congestion without peak-load pricing, and that the wireless spectrum could do the same.
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If these "sensitive" interconnections are taken out, as the memo puts it, the power system becomes less stable, harder to manage and may not be able to meet peak-load demand or withstand unexpected disturbances.
Inside the EPA 2011
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Natural gas turbines can serve as both base-load and peak-load facilities, where coal plants are only base-load.
Dr. Philip Neches: Natural Gas Pains Dr. Philip Neches 2011
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The company also reported that it had partnered with the City of Fort Collins, Colorado State University and "other energy-focused companies" in applying for a grant from the Department of Energy to fund a project aimed at reducing peak-load electricity demand.
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I believe that economists tend to over-rate the value of peak-load pricing systems, because they fail to...
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Many new power plants are built to meet peak-load demand.
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