Home > Term: load factor
load factor
The ratio of average load to peak load during a specific period of time, expressed as a percent. The load factor indicates to what degree energy has been consumed compared to maximum demand or the use of units relative to total system capability. An system's load factor shows the variability in all customers' demands.
- Part of Speech: noun
- Industry/Domain: Energy
- Category: Energy trade
- Company: Platts
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Creator
- Jeremy Z
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