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Best answer by nealmurphy

Updated on 15/01/24 by Emmanuelle_OVO: 


Are you an OVO customer and interested in being part of a grid balancing scheme? Check out Power Move and Power Move Plus: 

 

 

Hi @Ghunter100 

Power Rewards is now one of several schemes that rewards you for saving energy at specific times when the National Grid could be under stress. It requires access to your smart meter data. You can only sign up to one of these schemes at a time and need to opt in to each event (the second test is this evening (22nd November) between 17:30 and 18:30).

Check out other schemes from the likes of Hugo or Loop to see if any are more beneficial to you as the method of rembursement and threshold for payments do vary.

In the first test the demand was reduced by over 100MWh,  the equivalent of a gas power station.

 

19 replies

nealmurphy
Newcomer
Newcomer
November 22, 2022

Updated on 15/01/24 by Emmanuelle_OVO: 


Are you an OVO customer and interested in being part of a grid balancing scheme? Check out Power Move and Power Move Plus: 

 

 

Hi @Ghunter100 

Power Rewards is now one of several schemes that rewards you for saving energy at specific times when the National Grid could be under stress. It requires access to your smart meter data. You can only sign up to one of these schemes at a time and need to opt in to each event (the second test is this evening (22nd November) between 17:30 and 18:30).

Check out other schemes from the likes of Hugo or Loop to see if any are more beneficial to you as the method of rembursement and threshold for payments do vary.

In the first test the demand was reduced by over 100MWh,  the equivalent of a gas power station.

 

juliamc
Rank 20
Rank 20
November 22, 2022

@nealmurphy is the second test for everyone today or just octopus ? I’m on Loop and haven’t heard

nealmurphy
Newcomer
Newcomer
November 22, 2022

@juliamc everyone was open to bid on it. Looking at the info on the NG ESO website it looks like activity has been quite busy. (Orange Power Ltd who operate Power Rewards are there). Not sure what name Loop would come under on the trading sheet.

juliamc
Rank 20
Rank 20
November 22, 2022

Ah ! I’ve nudged the heat pump down half a degree anyway which has stopped it for now - downtime !

Rank 1
November 22, 2022

What does this power rewards or loop do ???

nealmurphy
Newcomer
Newcomer
November 22, 2022

What does this power rewards or loop do ???

There's a link to the Loop scheme on this forum thread:

 

BPLightlog
Super User
Super User
November 22, 2022

@juliamc everyone was open to bid on it. Looking at the info on the NG ESO website it looks like activity has been quite busy. (Orange Power Ltd who operate Power Rewards are there). Not sure what name Loop would come under on the trading sheet.

Loop is the trading name of Trust Power

Bring me Sunshine ~ E&E {Solar PV, Battery Storage, Hybrid EV, ASHP and Home Assistant automation}
nealmurphy
Newcomer
Newcomer
November 22, 2022

@juliamc everyone was open to bid on it. Looking at the info on the NG ESO website it looks like activity has been quite busy. (Orange Power Ltd who operate Power Rewards are there). Not sure what name Loop would come under on the trading sheet.

Loop is the trading name of Trust Power

Nothing down as Trust Power on the Utilisation Report that I can see for either of the tests. 

BPLightlog
Super User
Super User
November 22, 2022

@juliamc everyone was open to bid on it. Looking at the info on the NG ESO website it looks like activity has been quite busy. (Orange Power Ltd who operate Power Rewards are there). Not sure what name Loop would come under on the trading sheet.

Loop is the trading name of Trust Power

Nothing down as Trust Power on the Utilisation Report that I can see for either of the tests. 

They’re listed as an authorised participant 

 

Bring me Sunshine ~ E&E {Solar PV, Battery Storage, Hybrid EV, ASHP and Home Assistant automation}
nealmurphy
Newcomer
Newcomer
November 22, 2022