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Generation Scheduling
Generation scheduling is also known as power scheduling or load scheduling. It’s the process of maintaining a balance between supply and demand in a power system. Specialized tools analyze the network and then the general scheduling platform optimizes the energy flow. Flow from a power-generating company can depend on constraints (e.g., carbon emissions). Power system schedules run in many stages. They can occur hourly, daily, weekly, monthly, and yearly.
What Small and Midsize Businesses Need to Know About Generation Scheduling
Electricity can’t be stored, so small and midsize businesses must rely on networks. Power plants convert fuel (oil, coal, natural gas) and renewable energy (wind, solar, water) into electricity. Companies can also use on-site generated power rather than from utility companies. With small power generators, organizations can save money and control power quality. Also, they always have a backup source of power if needed.
Related terms
- Procurement
- Bill of Materials (BOM)
- Advanced Driver Assistance Systems (ADAS)
- Smart Factory
- Strategic Sourcing
- Value-Added Reseller (VAR)
- Telematics
- Supply Chain
- Vendor
- Enterprise Resource Planning (ERP)
- Supply Chain Planning (SCP)
- Scanner
- SCADA (Supervisory Control and Data Acquisition)
- Total Quality Management (TQM)
- Vendor Management
- Senpai
- Radio-frequency Identification (RFID)
- Loopback
- Total Cost of Ownership (TCO)
- Electro Mobility (e-Mobility)
