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In electrical engineering the load factor is defined as the average load divided by the peak load in a specified time period. [1] It is a measure of the utilization rate, or efficiency of electrical energy usage; a high load factor indicates that load is using the electric system more efficiently, whereas consumers or generators that underutilize the electric distribution will have a low load ...
This includes such characteristics as average load factor, diversity factor, utilization factor, and demand factor, which can all be calculated based on a given load profile. On the power market so-called EFA blocks are used to specify the traded forward contract on the delivery of a certain amount of electrical energy at a certain time.
In electrical engineering, the power factor of an AC power system is defined as the ratio of the real power absorbed by the load to the apparent power flowing in the circuit. . Real power is the average of the instantaneous product of voltage and current and represents the capacity of the electricity for performing
Electrical substation. Load balancing, load matching, or daily peak demand reserve refers to the use of various techniques by electrical power stations to store excess electrical power during low demand periods for release as demand rises. [1] The aim is for the power supply system to have a load factor of 1.
Capacity factor is a measure of the output of a power plant compared to the maximum output it could produce. Capacity factor is often defined as the ratio of average load to capacity or the ratio of average load to peak load in a period of time. A higher load factor is advantageous because a power plant may be less efficient at low load factors ...
The diversified load is the total expected power, or "load", to be drawn during a peak period by a device or system of devices. The maximum system load is the combination of each device's full load capacity, utilization factor, diversity factor, demand factor, and the load factor. This process is referred to as load diversification.
In electrical engineering, utilization factor, , is the ratio of the maximum load which could be drawn to the rated capacity of the system. This is closely related to the concept of Load factor. The Load factor is the ratio of the load that a piece of equipment actually draws (time averaged) when it is in operation to the load it could draw ...
Load factor (electrical), the average power divided by the peak power over a period of time; Capacity factor, the ratio of actual energy output to the theoretical maximum possible in a power station; Passenger load factor, the ratio of revenue passenger miles to available seat miles of a particular transportation operation (e.g. a flight)