What is a “peak-shaving” facility?

LNG peak-shaving facilities are used for storing surplus natural gas that is to be used to meet the requirements of peak consumption later during winter or summer. Each peak-shaving facility has a degasification unit attached but may or may not have a liquefaction unit. These facilities without a liquefaction unit depend upon tank trucks to bring LNG from other nearby sources to them. Of the approximate 113 active LNG facilities in the United States, 57 are peak-shaving facilities. The other LNG facilities include marine terminals, storage facilities, and operations involved in niche markets such as LNG vehicular fuel.