octopus energy

In the latest in our Current± Price Watch article – powered by LCP Enact, we take a look at the new Demand Flexibility Service and the introduction of a windfall tax on electricity generators to support domestic energy bills support.

National Grid ESO has revealed the next Demand Flexibility Test scheduled for 22 November between 17:30 and 18:30.

​Octopus Energy customers provided 108MW of grid flexibility during its first Saving Sessions period, according to the company.

The first alert for National Grid ESO’s demand flexibility service has been confirmed for 15 November between 17:00 and 18:00.

​The launch of new flexibility services could revolutionise how National Grid ESO manages winter peaks going forwards, Octopus Energy told Current± for this week’s Price Watch article – powered by LCP Enact.

Demand flexibility services for consumers could well be more successful should sufficient financial incentives be provided.

A new strategic partnership between Lloyds Banking Group, Octopus Energy and Halifax is aiming to introduce air-source heat pumps for Halifax customers and boost the rollout of zero-carbon heating.

New research by OVO Energy has found 83% of households would be willing to reduce their energy consumption between 4pm and 7pm to receive cash back, underpinning the launch of its “Power Move” flexibility trial.

​Octopus Energy is to take on Bulb’s 1.5 million customers, as it wins out in buying the failed supplier.

Octopus Energy Generation is set to make its first investment in the UK’s EV charging infrastructure with the allocation of £110 million to Manchester-based Be.EV.