How is Load Shedding defined in a legal contract?
- Load Shedding means the systematic reduction of system demand by decreasing load in response to transmission system or area capacity shortages, system instability, or voltage control considerations under [tariff]. Seen in 160 SEC filings.
- Load Shedding means the action of reducing or interrupting the delivery of electricity to one or more parts. Seen in 108 SEC filings.
- Load Shedding means the intentional disconnection of the load of a customer from a transmission system or a distribution system, manually or automatically, in response to an emergency, to maintain the integrity of the system and to minimize overall outages to customer facilities. Seen in 7 SEC filings.
- Load Shedding means a period during which the [organization] has directed [organization] to reduce the load in order to ensure the safety of [grid]. Seen in 5 SEC filings.
- Load Shedding means the deliberate disconnection of pre-selected Customers’ load from a power system, either manually or automatically, in response to an emergency in order to maintain the integrity of the system and minimize overall Customer outages. Seen in 5 SEC filings.
- Load Shedding means the process of reducing or ceasing the withdrawal or taking of [gas] from the [network]. Seen in 4 SEC filings.
- Load Shedding means the process of deliberately removing, either manually or automatically, pre-selected consumer's load demand from the power system as per [schedule] programme on a rotating and proportionate basis for each class of consumers. Seen in 4 SEC filings.
- Load Shedding means a planned reduction or interruption of the power supply to [organization]. Seen in 3 SEC filings.
Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Load Shedding means the intentional, systematic reduction or interruption of electricity or gas supply to maintain system stability and safety.
Relevant Contract Types
- Electricity Supply Agreement
- Natural Gas Supply Agreement
- Energy Purchase Agreement
- Power Purchase Agreement
Relevant Circumstances
- System instability or deficiency, resulting in a need to reduce load.
- Emergency situations where power reduction is necessary to maintain system safety.
- Routine load balancing and management in an energy grid or network.
Relevant Sectors
Genie Definition 2
- Load Shedding means the planned or emergency disconnection of a customer's load from a power system to prevent overall outages.
Relevant Contract Types
Relevant Circumstances
- Requirement to disconnect customers from the grid during times of emergency or severe imbalance.
- Planned disconnections or outages for system maintenance or upgrade.
Relevant Sectors
- Energy Sector
- Utilities Sector
- Manufacturing Industry for energy-intensive processes.
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Load Shedding means the intentional, systematic reduction or interruption of electricity or gas supply to maintain system stability and safety.
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