Octopus saving sessions

SuzeQStan

We’ve ’made’ just under £1 over the course of the last 3x sessions - over £2 if you count the 🐙 outgoing export at 15p per kWh. 

t0rt0ise

No bid from Octopus.

Lorian

I suspect no one can be bothered to be on call for it at the weekend

t0rt0ise

Accepted today.. 6 till 7.
It's not worth me doing but for some reason I still do it!

MikeyPGT

t0rt0ise said:

Accepted today.. 6 till 7.
It's not worth me doing but for some reason I still do it!

I've just signed up - suspect they'll throw me another 16 octopoints just because they feel sorry for me ...

QrizB

I signed up too.

Stubod

..don't see the point, joined a couple in the early days, but now find the "invites" come in with insufficient time to plan, and normally only "save" about 20p (if that), can't be bothered with them anymore...

..preferred the occasional "free/reduced cost energy for an hour", but they seem to have given up on those

Slinky

I signed up, exported last time and this. Last time I made 26p in Octopoints and 30p in export. Not exactly going to get rich on that. We had a good day on solar export generally so the batteries were full.

70sbudgie

Stubod said:

..don't see the point, joined a couple in the early days, but now find the "invites" come in with insufficient time to plan, and normally only "save" about 20p (if that), can't be bothered with them anymore...

..preferred the occasional "free/reduced cost energy for an hour", but they seem to have given up on those

I don't believe they have given up on the "free energy for an hour", they just don't happen very often during winter - needs generation to be higher than demand. 

It is my understanding that NESO (now owned by HM government) is more interested in keeping the total cost of balancing the network down. There are also more grid scale batteries connected, and because they're not restricted by gas prices, they can balance the grid for lower cost.

Someone mentioned fast frequency response; that service is still there, but there are more grid scale batteries connected than are needed for that service, so the incentive /investment to extend that to domestic batteries disappeared. 

It is my understanding that NESO is trying to normalise domestic demand side response without financial incentives. It will be interesting to see the data at the end of the season and whether it has backfired. 

I can't find it now, but I did see a statistic about the volume and cost of balancing the network in Jan 2024 Vs Jan 2025. In short, 2025 used more (in GWh), but was considerably lower cost - I think by a factor of 10 (in £billions). It is a lot of money that won't need to be passed as standing charges. 

(In case you need an alternative incentive to 2p/ session for joining the savings sessions.)

t0rt0ise

And again today.. 6 till 7.