Peakperiod
Peak period is a term used to describe the time interval during which demand, usage, or activity for a system is at or near its maximum. The exact timing and duration of a peak period vary by domain, region, season, day of the week, and holidays. It is a concept used in planning, pricing, and capacity management to understand when a system is most stressed and to allocate resources accordingly.
In electricity markets, peak or on-peak hours are the times when electricity consumption is highest. Utilities
Beyond energy, peak periods are relevant in transportation (rush hours), telecommunications (highest data traffic), and retail
Forecasting peak periods is complicated by factors like weather, holidays, daylight saving time, and the increasing