What is 'on-peak' in SAP CRM-IU-DSM - Demand Side Management?

on-peak - Overview

• Component: CRM-IU-DSM

• Component Name: Demand Side Management

• Description: Occurring during the time when the demand for energy is high.

on-peak - Details

• 
  Key Concepts: 
  On-peak is a term used in the Demand Side Management (DSM) component of SAP Customer Relationship Management (CRM). It refers to the time of day when electricity demand is highest, usually during the day when people are at work or school. This is when electricity prices are typically highest. 
  
  How to use it: 
  On-peak can be used to help manage electricity demand and reduce costs. By understanding when electricity demand is highest, businesses can adjust their energy usage accordingly. For example, they can shift energy-intensive activities to off-peak hours when electricity prices are lower. 
  
  Tips & Tricks: 
  To make the most of on-peak, businesses should monitor their energy usage and adjust their activities accordingly. They should also consider investing in energy-efficient technologies that can help reduce their overall energy consumption. 
  
  Related Information: 
  On-peak is just one part of Demand Side Management (DSM). Other components include load shifting, peak shaving, and demand response. All of these strategies can help businesses reduce their energy costs and improve their bottom line.