What is load management
Electricity consumption is often referred to as ‘load’ in the energy industry. Load management is the active control of electricity consumption. It is also known as ‘demand side management’ or ‘DSM'. Often, it refers to controlling electricity consumption based on financial signals from the electricity market. Load management is an important part of the concept of a smart grid, whereby existing infrastructure is equipped with intelligent monitoring and control technologies. The result is a network of active and reactive loads. There are differences between load shifting, load reduction, flexible load, and load expansive control measures. The following article addresses load shifting and load reduction (or load shedding) in more detail.