Octopus saving sessions coming 1st Nov

AE-NMidlands
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Re: Octopus saving sessions coming 1st Nov

#161

Post by AE-NMidlands »

nowty wrote: Mon Jan 09, 2023 5:38 pm There was some admission by Octopus of a mistake, but I guess they had to honour their mistake. Mine was also cheaper on those days but not that cheap as I'm on the 11p capped rate.
Probably not as expensive as this mistake:
https://www.bbc.co.uk/news/business-64210355
The boss of Brewdog has said he has paid out almost £500,000 to winners of the company's misleading "solid gold" beer can promotion.
James Watt said he made "some costly mistakes" in a promotion which offered people the chance to find a solid gold can hidden in cases in 2021.
Some winners questioned the worth of the cans and complained after discovering they were gold-plated.
!
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smegal
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Re: Octopus saving sessions coming 1st Nov

#162

Post by smegal »

AE-NMidlands wrote: Mon Jan 09, 2023 6:28 pm Probably not as expensive as this mistake:
https://www.bbc.co.uk/news/business-64210355
The boss of Brewdog has said he has paid out almost £500,000 to winners of the company's misleading "solid gold" beer can promotion.
James Watt said he made "some costly mistakes" in a promotion which offered people the chance to find a solid gold can hidden in cases in 2021.
Some winners questioned the worth of the cans and complained after discovering they were gold-plated.
!
Couldn't have happened to a more deserving company.
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Joeboy
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Re: Octopus saving sessions coming 1st Nov

#163

Post by Joeboy »

He is a bellend no doubt, I have pals that knew them growing up and I met them both in their first year trading out of cardboard boxes at shows.

In saying that, the company employs hundreds of people, is a great success and I do.like a pint of punk ipa. :lol:
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nowty
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Re: Octopus saving sessions coming 1st Nov

#164

Post by nowty »

Nothing announced by Octopus yet but there will be some DFS tests tomorrow. Not all participants do their test runs on the same day but I will be looking out. They have to do a minimum of 12 sessions before the end of March so there are at least 7 more to go.


"From: Power System Manager - National Grid Electricity Control Centre NATIONAL GRID NOTIFICATION - DEMAND FLEXIBILTY SERVICE. DFS Tests have been initiated for tomorrow Tuesday 17/01/2023 between 17:30 and 18:30. Times in GMT The maximum demand reduction volume during this period is expected to be 100 MW. This will be System Tagged. For full details see the ESO Data Portal at https://data.nationalgrideso.com/data-groups/dfs. Notification Issued at 14:30 hours on 16/01/2023. Issued by Natasa Dinic National Grid Electricity National Control Centre."
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ducabi
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Re: Octopus saving sessions coming 1st Nov

#165

Post by ducabi »

It became my daily routine to check this website https://grid.iamkate.com/ and I can't understand the pricing. Now we are using 40% fossil fuels and MWh is cheaper than when 60% was from wind itself.
Swwils
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Re: Octopus saving sessions coming 1st Nov

#166

Post by Swwils »

Gas is cheap.
ducabi
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Re: Octopus saving sessions coming 1st Nov

#167

Post by ducabi »

Swwils wrote: Mon Jan 16, 2023 5:51 pmGas is cheap.
Maybe that's the way to go? Gas2electricity generator and go off grid :lol:
openspaceman
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Re: Octopus saving sessions coming 1st Nov

#168

Post by openspaceman »

ducabi wrote: Mon Jan 16, 2023 6:01 pm

Maybe that's the way to go? Gas2electricity generator and go off grid :lol:
This is still my plan to make up my winter shortfall from PV, lots of other things I still need to do first so I may not get there
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nowty
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Re: Octopus saving sessions coming 1st Nov

#169

Post by nowty »

ducabi wrote: Mon Jan 16, 2023 5:44 pm It became my daily routine to check this website https://grid.iamkate.com/ and I can't understand the pricing. Now we are using 40% fossil fuels and MWh is cheaper than when 60% was from wind itself.
Its because before the winter there was a huge risk premium to be paid as there was a real risk of Europe running out of gas if the winter was severe and consumers did not change their behaviour. We are now roughly half way and its been exceptionally mild throughout Europe and consumption has been reduced by 20%. So even if it turns cold for the rest of the winter it won't matter as Europe wont run out of gas. And there is all the LNG flowing into Europe via ships too.

Year ahead prices are now back to before Ukrainian war started.

https://zenergi.co.uk/market-watch/

Image
18.7kW PV > 109MWh generated
Ripple 6.6kW Wind + 4.5kW PV > 26MWh generated
5 Other RE Coop's
105kWh EV storage
60kWh Home battery storage
40kWh Thermal storage
GSHP + A2A HP's
Rain water use > 510 m3
Swwils
Posts: 557
Joined: Sat Feb 26, 2022 12:58 pm

Re: Octopus saving sessions coming 1st Nov

#170

Post by Swwils »

nowty wrote: Mon Jan 16, 2023 6:13 pm
ducabi wrote: Mon Jan 16, 2023 5:44 pm It became my daily routine to check this website https://grid.iamkate.com/ and I can't understand the pricing. Now we are using 40% fossil fuels and MWh is cheaper than when 60% was from wind itself.
Its because before the winter there was a huge risk premium to be paid as there was a real risk of Europe running out of gas if the winter was severe and consumers did not change their behaviour. We are now roughly half way and its been exceptionally mild throughout Europe and consumption has been reduced by 20%. So even if it turns cold for the rest of the winter it won't matter as Europe wont run out of gas. And there is all the LNG flowing into Europe via ships too.

Year ahead prices are now back to before Ukrainian war started.

https://zenergi.co.uk/market-watch/

Image
It's still historically very high, UK and EU situation not great especially with typically net exporting countries becoming importers.
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