Natural gas peak shaving energy storage

Does peak shaving help reduce energy costs?

Peak shaving can help reduce your utility costs and ensure continual fuel supply during the winter when natural gas use increases exponentially. Supply and demand is a major aspect of energy costs.

Why do LNG systems use peak shaving?

LNG systems use peak shaving, or load shedding, to guarantee consistent power over time and reduce utility costs. This ensures reliability long term for businesses. In the energy industry, peak shaving refers to leveling out peaks in electricity use for all consumers.

Is peak-shaving a necessity?

In this case, natural gas peak-shaving has become a necessity [ , , ]. At present, the main natural gas peak-shaving methods are underground gas storage (UGS), liquefied natural gas (LNG) terminal and gas field adjustment [ , , , , , , ].

Which terminal is used for natural gas peak shaving?

LNG terminal is also adopted for natural gas peak shaving, in which natural gas is cooled to 111 K under atmospheric pressure, with natural gas transforming from gas to liquid and reducing its volume by about 620 times [ 17 ].

Is peak shaving beneficial for your business?

Peak shaving can be beneficial for businesses with regular natural gas usage, as it allows you to maximize your resources and keep your processes running unimpeded during times of heightened fuel consumption and costs.

Can LNG-sourced natural gas peak-shaving reduce energy consumption?

The finding shows good feasibility of LNG-sourced natural gas peak-shaving with gas hydrates as a novel method in the natural gas peak-shaving area, which therefore can effectively address the issue of natural gas peak-shaving with lower energy consumption.