Demand Flexibility!

With a smart meter and a flexible electricity tariff you can modify your household electricity consumption to use more when there is a lot of renewable electricity in the grid which is also usually when electricity prices are lowest. This is called demand flexibility (or demand response or demand management).

In today's video we talk with Phil Steele from Octopus Energy about their Agile Octopus plan, how customers are connecting electric vehicles, batteries, air source heat pumps, hot water systems and other energy intensive appliances like pool heaters or pool pumps for those lucky enough to have them.

Bookmarks:
00:00 Intro
00:19 "Baseload" electricity and offpeak pricing
01:32 Modifying demand to suit variable generation
02:48 How does Agile Octopus work?
05:00 What smart appliances can you use with a flexible tariff?
08:08 How much can customers save off their electricity bills?
09:41 Flexible tariff horror stories like in the Texas Freeze
10:16 Giving customers ownership and control
11:36 Fuel poverty
12:59 Is it too complicated?
13:39 Octopus Energy's "Big Switch On"
14:59 Can it scale beyond the enthusiastic early adopters?

🔗🔗Links:
Image at 01:22 from WattClarity:
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You can find out more about Agile Octopus here:
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