Octopus Energy Saving Sessions

[Stranger Dings]

Does anyone know how the Octopus ”Power Hour” energy saving sessions are actually calculated?

I’ve taken part in all of them, but the results just seem totally random.

I’ve had sessions where we’ve switched off as much as we can and gone out, only to be told that we didn’t manage to save anything.

Some sessions, we’ve made very small savings, Including one where virtually everything was switched off and the whole family was in another country.

One session I forgot it was happening despite signing up, only to be told I’d managed to save 93% of my normal usage and be credited with over £16 off!

I’ll continue to sign up for them and don’t really do it expecting to save much as we are already quite energy efficient. It all just seems so random.

 

[Pink Duck]

National Grid ESO just published the settled figures for the 1st and 2nd March events (51 of 56 MW procured, 129 of 100 MW respectively).

Which means Octopus may well credit the last 14th March 2024 one shortly given they are due funds from the previous two.

Remarkably low £15,072 payout for the 1st and more respectable £40,151 for the 2nd.

 

[thewishy]

Another test event for today, confirmation at noon.
Likely another half hour tiddler

 

[ACarneiro]

Another test event for today, confirmation at noon.
Likely another half hour tiddler

Pah…. I’ve been exporting the last few days. Don’t think I’ll make much.
Margins a lot better today as compared to yesterday, I really don’t get their reasoning…

 

[Pink Duck]

Suspect they are seasonally benchmarking uptake statistics by region on Thursdays at 18:00. Was half expecting the next to be Thu 28th.

 

[thewishy]

Requirement confirmed, 75mw. My assumption is that Octopus will bill 1.75, and if they don't win they'll run a session anyway

 

[phil4]

two slots ... 5:30 - 6 and 6:30 - 7 ?

 

[Pink Duck]

Three; 17:30–18:00, 18:00–18:30 and 18:30–19:00 up for grabs. Auction outcome will be interesting. 1.5 hour might suggest this is the final one too.

The last time there was three settlement periods Octopus only secured two of them. Curious to know if they’ll run the whole period this time.

 

[phil4]

only two listed here: DFS Service Requirements | ESO

 

[Pink Duck]

Hm, may be two or three then. Depends if an error updating the requirements dataset or if the wording “between 17:30 and 19:00” covers two.

Strange if it is genuinely both with a half-hour gap between. What do we do? Lights out for half-hour, cook diner, lights out again?

 

[ACarneiro]

Three; 17:30–18:00, 18:00–18:30 and 18:30–19:00 up for grabs. Auction outcome will be interesting. 1.5 hour might suggest this is the final one too.

The last time there was three settlement periods Octopus only secured two of them. Curious to know if they’ll run the whole period this time.

And I didn’t charge my batteries yesterday because the carbon intensity was very high overnight… serves me right for trying to be “carbon conscious”

 

[phil4]

I have no idea how they'd communicate half hour on half hour off half hour on... enough people struggle as it is.

 

[phil4]

And I didn’t charge my batteries yesterday because the carbon intensity was very high overnight… serves me right for trying to be “carbon conscious”

Mines busy downloading the sun at the moment, 4.4 kW solar right now.

 

[ACarneiro]

Mines busy downloading the sun at the moment, 4.4 kW solar right now.

Lucky you. I'm producing a piddly 1.6 kW at the moment. It's not gonna be a good solar day today, it seems

 

[PITA]

What do we do? Lights out for half-hour, cook diner, lights out again?

I'm just going to blast straight through ... with no mercy

 

[PITA]

I'm producing a piddly 1.6 kW at the moment.

Explains the colour... now I can't get it out of my head.

Thanks for that...

 

[phil4]

Same colour even if a lot more juice…

 

[yessuz]

I am producing 0.5 kw now, you pesky peasants...

 

[Pink Duck]

Bidding process is taking longer than usual it seems. Have exhausted the standard 2 hour window of endeavourment.

My own export so far today: 16.0 kWh and 1.6 kW at the moment.

 

[phil4]

Perhaps they're all scratching their heads wondering how on earth to announce it, hurried mobile calls to the design team etc. etc.

 

[Pink Duck]

Just released. Octopus Energy’s two bids were both rejected again. 92 MW and 41/51 MW respectively @ £1.75/kWh.

80 MW (bids ranging 42.5–73.5 p/kWh) and 84 MW (42.5–75.0 p/kWh) secured from the non-main providers (and EDF Energy).