Utilizing Peak Load Management in Your Sustainability Journey
So far, 2022 has been a busy year for energy prices and sustainability. Due to various factors, energy prices have risen dramatically. Meanwhile, sustainability has become more important than ever to investors, consumers, and the government. Case in point: In March, the SEC proposed a rule that, if passed, will require all publicly traded companies to disclose both their greenhouse gas emissions and the risks that climate change poses to their businesses.
You may be wondering, “Where does peak load management (PLM) fit in with all of this – and why should I care?” Not having a sound peak load management plan can negatively impact your company’s electricity costs and greenhouse gas emissions, making it an essential focus for all company’s sustainability action plans. In this extensive guide, we will discuss what PLM is and how it impacts emissions, the difference between PLM and demand response, how to develop a peak load management plan utilizing both low-cost operational and capital-intensive investment strategies, and more.
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