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Firedog
Super User
Super User
November 30, 2023

New Power Move Plus event on Friday 1 December!

  • November 30, 2023
  • 18 replies
  • 348 views

Reuters have just reported this:
 

Nov 30 (Reuters) - Britain's National Grid will pay some households to use 550 megawatts less electricity between 1630 and 1800 GMT on Friday evening, it said on Thursday.

 

18 replies

Jeffus
Rank 20
Rank 20
November 30, 2023

Another live event, so be interesting to see the £ per kWh each company offer

 

Jeffus
Rank 20
Rank 20
November 30, 2023

Hugo offer £5.50

 

Jeffus
Rank 20
Rank 20
November 30, 2023

Loop

 

BPLightlog
Super User
Super User
November 30, 2023

I got an Octo-ping just after 5:00

 

Bring me Sunshine ~ E&E {Solar PV, Battery Storage, Hybrid EV, ASHP and Home Assistant automation}
Nukecad
Super User
Super User
November 30, 2023

I guess that most of us will be interested to see our personal targets.

At a 0.1-0.5 kWh target it doesn't really matter how much per kWh reduction is being offered.

I said, Hey - Watts going on.
Nukecad
Super User
Super User
November 30, 2023

Just read my email £3 per kWh from OVO.

Personal target 0.1 kWh

I won't be opting in to this one.

I said, Hey - Watts going on.
Rank 6
November 30, 2023

One of the things I don't understand is why was yesterdays at £1 per kWh and tomorrows is back to £3 kWh - can anyone enlighten me ? Is it just as part of the trial they want to see where the incentive needs to be set?? 

Nukecad
Super User
Super User
November 30, 2023

Not sure about the £’s difference between suppliers,  but it's interesting to see that the time has shifted.

That could be to test if the upsurge in demand immediately following an event, such as was seen yesterday, might be an issue?

I said, Hey - Watts going on.
Rank 6
November 30, 2023

hi @Nukecad I’m not talking about difference between suppliers those are the incentives I was offered via Ovo - £1 per kWh yesterday and £3 per kWh tomorrow (and it was £3 for the 1st one i did) a week ish ago)  

 Wednesday 29 November and for every kWh you shift below your target, you’ll receive £1 towards your energy bill.

 Friday 1 December and for every kWh you shift below your target, you’ll receive £3 towards your energy bill.

Am I the only one to get the reduction?? 

 

Jeffus
Rank 20
Rank 20
November 30, 2023

For "live" events companies have to submit a bid £ and kWh and these are accepted by the National Grid ESO starting with the lowest £ bid until they have enough capacity reduction in the bids.

So it may be OVO bid low in the previous event or too high and not accepted

6 of the 12  test events were a guaranteed fixed price.