  Increasing the amount of electric power that is used on the demand side has
brought more attention to the peak-load management of the distribution network
(DN). The creation of infrastructures for smart grids, the efficient
utilization of the distributed network's components, and the appropriate
administration of the distributed network would result in a valuable solution
for the operators of the distributed network. As a result, a framework for
peak-load management is given in this research. Within this framework, the
real-time rating of the components and the voltage-dependent characteristics of
the electric loads work together to assist the DN operator in effectively
navigating peak periods. The combination of the conservation voltage reduction
(CVR) and the dynamic thermal rating (DTR) of the components that make up the
DN produces outcomes that are more helpful than any of these factors alone
could provide. This is true even though each of these factors contributes to
the efficient functioning of the DN. According to the findings, as compared to
the individual implementation of CVR, the simultaneous utilization of DTR and
CVR results in a cost-savings rise at peak events which is 58.75 percentage
points more than the individual implementation. In addition, a discussion is
offered concerning the current difficulties that are being experienced by the
feeders that are providing the voltage-dependent constant-power loads during
the utilization of the CVR, which are handled by the dynamic rating of the
components that make up the DN.
