Techniques for orchestrated load shedding

Disclosed techniques relate to orchestrating power consumption reductions across a number of hosts. A current value for an aggregate power threshold of a plurality of hosts may be identified. During a first time period, an aggregate power consumption of the plurality of hosts may be managed using the current value for the aggregate power threshold. A triggering event indicating a modification to the aggregate power threshold is needed may be detected. A new value for the aggregate power threshold may be determined based on the triggering event. During a second time period, the aggregate power consumption of the plurality of hosts may be managed using the new value for the aggregate power threshold.