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What is load shedding?

What is load shedding? Here are some definitions.

Noun
  1. The process by which an electric utility cuts power to some customers in response to a shortage of available electricity.
  2. The postponement of payment of less important bills because of financial problems.
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Examples
With 6 stages of protection available, multiple stage load shedding schemes can be created thereby minimising customer disruption.
A field study to demonstrate load shedding using commercial dimming lighting control systems at an office and a community college.
Inrush restraint and load shedding are further protection functions that help prevent nuisance outages.
This section of the rules is the subject of dispensatory provisions under the distributed load shedding trial.
As a consequence, most proposed methodologies utilize all resettable loads to operate the load shedding process.
It also ensures that it has sufficient installed capacity to fulfill its commitments in Québec and limit the probability of load shedding to one day every '0 years, or 2.4 hours per year.

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