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Is it OK to waste electricity when Agile prices are negative?

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Comments

  • And the answer to that is in my book remains a resounding no.

    And the alternative is that the National Grid pays a constraint payment to another wind farm operator. A number of wind farms are now receiving constraint payments which are higher than the agreed contract price because of the way that contracts and constraint payments are now constructed.

    It is worth pointing out that the UK is not alone in paying constraint payments. Sadly, whenever freebies are offered, some consumers will exploit it to get a few £s extra credit.

    I could also complain that even with a smart meter I don’t benefit financially from Demand Flexibility events as I have invested £000s in PV solar and a battery which means that my Grid usage from 4 to 7pm is zero. So it could be argued that I am being penalised for helping out the Grid. That said, I am aware that there are ways of gaining the system which many people do.

  • Scot_39
    Scot_39 Posts: 3,859 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    edited 19 July 2023 at 11:50AM
    That could be changed starting tomorrow if there was the will.

    When the £100s of millions become £10s billions then it might even get some proper attention.

    But the current and past Uk govt and the UK civil service if asked to renegotiate seem pretty inept so not holding my breath.

    I suggest a new tax regime might be a way of avoiding the recent failure to renegotiate.

    Akin to that for NSea oil and gas production - but without the myriad reliefs.

    Starting with 100% on all such constraint payments.

  • markin
    markin Posts: 3,860 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Yes - fill your boots! It's not harming the environment or anyone else, so go for it!

    Grid paying more to dump excess energy into other countries.


    ......Recently it has been noticed that the National Grid ESO has been paying high amounts to dispose of energy in neighbouring EU countries. This raises concerns over energy management from the grid as the ESO has spent up to £550/MWh to dispose of excess power into other European countries.
    ..... ...... ......... .......... .......... .....  ........ .
    .....“This kind of high price reversal event is likely to occur on any sunny weekends this summer. As a response to the high energy prices last year, industrial and domestic consumers in Great Britain, Belgium, the Netherlands and France have responded by installing solar panels; this has resulted in a big increase in solar generation on sunny days. .............

    https://forums.moneysavingexpert.com/discussion/comment/80177428/#Comment_80177428
  • Scot_39
    Scot_39 Posts: 3,859 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Read the post immediately below that linked post.

    You know the one that says - still burning gas.


  • markin
    markin Posts: 3,860 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Yes - fill your boots! It's not harming the environment or anyone else, so go for it!
    Scot_39 said:
    Read the post immediately below that linked post.

    You know the one that says - still burning gas.


    Its all just a matter of who gets the money and at what price, We can't affect if the gas is burnt or not, all we can do is tell are MP's to get a move on and install storage faster.
  • QrizB
    QrizB Posts: 19,729 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    Yes - fill your boots! It's not harming the environment or anyone else, so go for it!
    Scot_39 said:
    Read the post immediately below that linked post.
    You know the one that says - still burning gas.
    Burning gas to provide inertia. Using surplus energy, or not using it, won't affect the amount of gas burned. Please stop suggesting it will.
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.
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