demonstrated the future role for electric vehicles in a first for Great Britain. This was the first successful integration of vehicle-to-grid technology, using a test environment of the Balancing Mechanism, the primary tool used by National Grid ESO to balance Great Britain’s electricity system in real-time.
It doesn’t just benefit the system either. Further Octopus analysis shows customers could realise a potential saving of up to £840 per year***, compared to unscheduled charging on a flat rate tariff – putting money back in people’s pockets at times of record high energy costs. Octopus Energy Group’s Kraken platform works in the background to match this customer schedule with grid signals to provide flexibility as a service and seamless charging to customers. And if those signals occur outside the tariff windows – which typically are between 23:30-05:30 for import and 16:00-19:00 for export – customers will still benefit from the lowest import and highest export prices thanks to Kraken’s flexibility and customer first approach.
Which is not that much to do with CO2 reduction in global scale.
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