Octopus saving sessions coming 1st Nov

[dan_b]

No worries - the Germans ALWAYS have a word for those sorts of things!

[nowty]

Our nemesis Dunkelflaute.

[Fintray]

Just in from Octopus:


As one of the customers who joined Saving Sessions last winter, I wanted to give you an update on it, and ask for your help.

Saving Sessions’ future is in jeopardy.

This Friday 22nd November, the energy regulator Ofgem are deciding:

- Whether the service should continue at all
- How much reward customers should receive for taking part

The proposal they’re assessing would reduce the reward you receive by ~90%. Where previously, we typically paid you £2.25 per unit you saved, it would be more like 22p per unit instead.

Want Saving Sessions to stick around, and stay valuable? You’ve got 48 hours to have your say.

We'd love you to email Ofgem directly to tell them how you feel about your Saving Sessions rewards.

Email Ofgem



This button should open up a new draft email for you, already populated with the right email address and a template answer to send to (or of course, you're welcome to do it in your own words)!

If that doesn't work, email consumeraffairs@ofgem.gov.uk
and copy in hello@octopus.energy with the subject line "Please save the Demand Flexibility Service."

Or...

Have your say on X (Twitter) – using @Ofgem, @OctopusEnergy and #SaveTheDFS.

[dan_b]

Blimey, that's quite the incentive cut isn't it.
Maybe they analysed the data and found people gaming the system somehow?

[nowty]

It’s simply because it’s becoming a commercial service.

No guaranteed test sessions and no guaranteed bunga bunga level payments. Also penalties for suppliers over or under delivering.

In past years we only had about 2 live sessions all winter. So the engagement with the public will be significantly lower and maybe to the point it’s not worth continuing.

We have had over 1GW of grid batteries recently outputting at difficult times and more are being added all the time. The max saving session benefit was circa 0.5 GW.

[AE-NMidlands]

As I use my battery to avoid import at any time other than the Flux cheap period I "saved" almost nothing anyway so it would be no great loss to me. However I did manage to export at a premium rate when they were most desperate for power. I wonder whether that bonus would disappear too?
A

[Stinsy]

Paying people to use less rather than paying generators to burn more FF seems like a no-brainer to me!