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Critical Peak Pricing

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Definition Edit

Critical Peak Pricing (CPP) is

[r]ate structures that employ a high price that comes into effect during "critical peak" periods of high electricity demand, typically with some advance notice to the customer (as much as one day ahead or in some cases only a few hours ahead).[1]

References Edit

  1. Smart Grid Information Clearinghouse, "Acronyms" (full-text).

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