Curtailment


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Curtailment

The act or process of reducing a company's operations in order to bring stability to the company. Curtailment usually occurs when the company has been experiencing unsustainable growth that it is unable to manage effectively. Tactics of curtailment include spinning off subsidiaries, laying off staff, and generally focusing the company's operations on the best products that it is able to create effectively. Curtailment is intended to improve efficiency and increase profits.
References in periodicals archive ?
Building upon a current portfolio of smart curtailment research funded by the DOE Wind Office, Natural Power is one of four organisations that will receive $2.8 million collectively to further the advancement of smart curtailment strategies to minimise energy loss from curtailment and wind farm environmental impacts to bats.
"There is no curtailment of academic freedom because we do not intend to and will not intervene in the determination of what subjects to be taught, who will teach, and how it will be taught," he added.
However, these curtailment rates are expected to steadily fall, with Gansu province alone managing to lower its rate to 19 per cent last year, from 43 per cent in 2016.
With the curtailment, the government hopes to meet the primary surplus target set for this year, which was reduced from 1.2 percent to 1.1 percent of the GDP.
There was never an opportune time to refill gas storage, resulting in a higher probability of curtailment.
Energy Curtailment Specialists will remain based in Buffalo, New York.
The water curtailment is probably the first time the park has had to shut down water service "due to drought conditions and low river flow since the park opened," Harvey added.
Federal and state policies support renewable power, with the highest priority for both access to the grid and avoiding curtailment. However, some cases arise in practical operations when renewable power needs to be curtailed, to avoid a grid collapse.
Green features implemented at 1251 Avenue of the Americas include participation in Con Edisonelectrical load curtailment program and steam curtailment pilot program and implementation of a new e-waste recycling program.
Lahore -- World's largest single-train urea production plant is facing a serious financial crisis while the gas curtailment has forced it to reschedule its Rs65 billion debt payments.
Depending on the area of the country, a customer may deal directly with the utility bulk supplier (like the manufacturer), or with a third party--either a Regional Transmissions Operator (RTO) or Independent Systems Operator (ISO)--who then coordinates, controls, and monitors grid operation with the use of Curtailment Service Providers (CSP) who interface with the facility.
Limited resources and the lower priority of curtailment actions compared with other work which generated more income were both blamed.